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Management information

This topic has 1 reply, 2 voices, and was last updated 7 months ago by Ken Garrett.

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April 15, 2024 at 10:15 pm #704123
Syeda.aiman.ali
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Qs) A furniture manufacturer is a member of the Furniture manufacturers association . The sales manager is preparing a sales forecast and has referred to a number of information sources.
Is each of the following is a primary or secondary source?
A) Analysis of orders from customers
( primary)?
B) FMA review of economic trends ( secondary) ?
April 16, 2024 at 10:21 am #704171
Ken Garrett
Keymaster
- Topics: 10
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You are correct.
A primary source is, basically, data you have collected yourself or specifically on your behalf.
A secondary source is making use of data the someone else collected using their methodologies and objectives.
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