Economy, asked by SHADHIYATP8386, 1 year ago

What are the primary data? Enumerate the various methods of collecting primary data . Merits and demerits?

Answers

Answered by priya831388
1

Answer:

when we collect the data directly from the person. like interview

Answered by hareem23
1

primary data

Raw data, also known as primary data, is data collected from a source. In the context of examinations, the raw data might be described as a raw score.

What are the different sources of data?

Following are the two sources of data:

1. Internal Source

When data are collected from reports and records of the organisation itself, it is known as the internal source.

For example, a company publishes its ‘Annual Report’ on Profit and Loss, Total Sales, Loans, Wages, etc.

2. External Source

When data are collected from outside the organisation, it is known as the external source.

For example, if a Tour and Travels Company obtains information on ‘Karnataka Tourism’ from Karnataka Transport Corporation, it would be known as external sources of data.

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