Primary research data is less time consuming and less costly to gather than secondary research data.

Question

Quizplus · Accepted Answer

This statement is false. Primary research data tends to be more time-consuming and costly to gather than secondary research data. Primary research involves original research that requires the collection of new data, which can take a significant amount of time and resources. In contrast, secondary research involves the analysis and synthesis of existing data that is readily accessible, which can often be completed more quickly and at a lower cost.

Primary Research Data Is Less Time Consuming and Less Costly