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In the context of interpreting market research, which of the following is an example of Primary Data? 0000 Similar business scenarios on YouTube A list of your business competitors compiled by the Chamber of Commerce Interviews with SMEs An series of industry reports

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Héctor maestro · Tutor durante 5 años
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4.2 (201 Votos)

Respuesta

Interviews with SMEs

Explicación

## Step 1Primary data refers to data that is collected directly from the source. This means that the data is collected through original research, such as surveys, interviews, or experiments, rather than being obtained from existing sources.## Step 2In the given options, we need to identify which one represents primary data. The options include similar business scenarios on YouTube, a list of business competitors compiled by the Chamber of Commerce, interviews with SMEs, and a series of industry reports.## Step 3The first option, similar business scenarios on YouTube, is not primary data because it is not collected directly from the source. It is a secondary source of data.## Step 4The second option, a list of business competitors compiled by the Chamber of Commerce, is also not primary data. It is a compilation of data from various sources, not collected directly from the source.## Step 5The third option, interviews with SMEs, is an example of primary data. This is because the data is collected directly from the source, in this case, the SMEs.## Step 6The fourth option, a series of industry reports, is not primary data. It is a compilation of data from various sources, not collected directly from the source.