Secondary Data Flashcards

1
Q

Secondary data

A

Information already gathered by another party, government or organisation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Already conducted

A

Time effective - put efforts other important task

Cost effective

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

However

Manipulated information

A

E.g Toshiba lied about 1.2b profits

  • more attractive to investors
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Secondary data can be

A

Unreliable

How well did you know this?
1
Not at all
2
3
4
5
Perfectly