Question
The existing company information is an example of which data?
Primary
Secondary
Both a and b
None of the above
Primary
Secondary
Both a and b
None of the above
Answers
GPT-4o mini
The existing company information is an example of **Secondary data**.
Primary data refers to original data collected for a specific purpose, while secondary data refers to data that has already been collected and is available from previous studies, reports, or company records. Since existing company information is typically gathered and recorded by the company or through external sources, it falls under secondary data.
Primary data refers to original data collected for a specific purpose, while secondary data refers to data that has already been collected and is available from previous studies, reports, or company records. Since existing company information is typically gathered and recorded by the company or through external sources, it falls under secondary data.