Primary Data Quiz 22 (10 MCQs)
Quiz Instructions
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Frequently Asked Questions
What is primary data?
Primary data is information collected directly from its source for a specific purpose, such as through surveys, interviews, or direct observation.
How does primary data differ from secondary data?
Primary data is collected firsthand for a specific research purpose, while secondary data is information that has already been collected and is available from existing sources.
What are some methods of collecting primary data?
Common methods include surveys, interviews, focus group discussions, direct observation, and collecting diary entries or original documents.
What are the limitations of primary data collection?
Primary data collection can be time-consuming, costly, and may introduce data bias if not conducted properly. It also requires careful planning and execution to ensure accuracy.
How is primary data used in market research?
Primary data in market research helps companies understand consumer behavior, preferences, and needs, which can inform product development, marketing strategies, and customer service improvements.