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Which of the following is an example of secondary research?Question 7Answera.conducting a focus groupb.analyzing financial statementsc.gathering customer feedbackd.conducting surveys to collect customer feedback

Question

Which of the following is an example of secondary research?Question 7Answera.conducting a focus groupb.analyzing financial statementsc.gathering customer feedbackd.conducting surveys to collect customer feedback

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Solution

The example of secondary research from the options provided is b. analyzing financial statements.

Secondary research involves the summary, collation and/or synthesis of existing research rather than primary research, in which data are collected from, for example, research subjects or experiments. In this case, analyzing financial statements involves using existing data to draw conclusions, which is why it is considered secondary research.

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