Question: Data and information or knowledge is often used interchangeably; however, data becomes information when it is viewed in context or in post-analysis. While the concept
Data and information or knowledge is often used interchangeably; however, data becomes information when it is viewed in context or in post-analysis. While the concept of data is commonly associated with scientific research, data is collected by a huge range of organizations and institutions, including businesses (e.g., sales data, revenue, profits, and stock price), governments (e.g., crime rates, unemployment rates, literacy rates) and non-governmental organizations (e.g., censuses of the number of homeless people by non-profit organizations). Having in mind the concept of business research data, compare and contrast the primary and secondary source of data.
this is for subject business research methods
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