What is the difference between primary data and secondary data point out the limitations of secondary data?

What are the limitations of primary and secondary data?

The disadvantage of primary data is the cost and time spent on data collection while secondary data may be outdated or irrelevant. Primary data incur so much cost and takes time because of the processes involved in carrying out primary research.

What are the limitations of secondary data?

Might be not specific to your needs. Secondary data is not specific to the researcher's needs due to the fact that it was collected in the past for another reason. ... You have no control over data quality. The secondary data might lack quality. ... Biasness. ... Not timely. ... You are not the owner of the information.Secondary Data: Advantages, Disadvantages, Sources, Types

What are the limitations of collecting primary data?

Disadvantages of Primary Data1 Time-consuming process: The organizer of the survey and method which is used may take a lot of time to collect the data from raw sources. ... Costly: The survey done is time-consuming as well as costly.Advantages and Disadvantages of Primary Data - A Plus Topper

What's difference between primary and secondary?

The main difference between primary and secondary sources is that primary sources are the raw information or the first-hand evidence you gather in research, while secondary sources are sources that interpret or analyze the information from primary sources.