Which of the following statements about secondary data is correct?
a. secondary data are usually more expensive to obtain than primary data
b. secondary data are usually available in a shorter period of time than primary data
c. secondary data are usually more relevant to a research objective than are primary data
d. secondary data must be collected outside the firm to maintain objectivity
e. previously collected data are not secondary data
Answer: b. secondary data are usually available in a shorter period of time than primary data