“Whether to use primary data or secondary data depends on several factors.” Explain, in view of the statement, the various factors affecting the choice of data.

The choice between primary data and secondary data depends on several factors that should be considered before making a decision. Here are some of the factors that may affect the choice of data:

Research Objectives: The research objectives should be clear and well-defined before deciding which type of data to use. If the research is exploratory or is investigating a new phenomenon, then primary data may be more appropriate. If the research is descriptive or comparative in nature, then secondary data may be more suitable.

Time and Cost: Collecting primary data can be time-consuming and expensive. Secondary data, ____ ___ __________ ___ ________ _____ ________ ___ ___ ______ _____.
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