1. Differentiate between the primary and secondary data source.

Q: Why is it important to always develop a systematic approach to data collection in business research

A: Data collection is defined as the process of gathering as well as measuring the information on the…

Q: Which of these is the most important factor when determining the complexity of an organization's…

A: The quantity of resources allocated to a company, department, team, system, procedure, or project is…

Q: Describe the importance of data quality in a data warehousing environment. What challenges are…

A: The collecting, storage, and organising of enormous volumes of data from numerous sources within an…

Q: Outline the most important uses of computer technology in marketing research. Important uses of…

A: Marketing involves customer identification as well as selling goods or services to that customer…

Q: Describe the distinction between research methods and research methodology, using methods and…

A: Research is a process where a person or researcher assists in looking for concrete or relevant…

Q: Express the ethical issues that can arise when communicating the results of data analytics.  How do…

A: *Introduction - The prominent ethical issues that may arises in communicating the results of the…

Q: Define and explain the importance of indexing in data warehousing.

A: In data warehousing, indexing is the process of developing data structures that allow for faster…

Q: How is the analytical approach to data management different from the transactional approach, and how…

A: Data management is a crucial activity that can involve capturing, storing, processing, sharing, and…

Q: what are the most effective methods for exploring and preparing data?

A: Data Exploration or Exploratory data analysis (EDA) delivers a simple set of exploration tools that…

Q: Define primary and secondary data and explain the purpose of their usage. Give examples for both.

A: Data collection plays a major role in every segment. It is hard to explore something which carries a…

Q: Describe the challenges associated with putting corporate data to use.

A: Corporate data refers to the information generated and collected by an organization during its…

Q: Which of the following is used to gather preliminary information?    Question 2 options:…

A: The objective of the question is to identify the type of research that is used to gather preliminary…

Q: Briefly describe five major components of the data warehousing process?

A: * Introduction - The Data warehousing process is basically the process of collecting and retaining…

Q: Describe the role of master data management (MDM) in data warehousing. How does MDM contribute to…

A: Data management is one of the crucial functions as data regarding customers, and supply chain…

Q: External sources of secondary data include trade associations, periodicals, government publications,…

A: Disclaimer - The question has been answered in a generalized manner, considering it as a…

Q: Explain what is meant by Primary data collection Secondary data collection State two advantages and…

A: Data collection is a fundamental aspect of research and analysis, and it can be classified into two…

Q: So what is this "Hybrid Approach" to data warehousing, exactly

A: Data Warehousing is extracted from two terms which are data and warehouse. Data means raw data which…

Q: Describe and elaborate on the numerous categories of available data sources.

A: Data sources refer to the origins or places from which data is collected or obtained. They are the…

Q: Explore the role of OLAP (Online Analytical Processing) in data warehousing. How does it enable…

A: A data warehouse center is a concentrated storehouse of incorporated, verifiable information…

Q: Describe the critical steps that an organization may do to improve the quality of its data.

A: when the organizations needed the improve quality of its data they needed some critical steps which…

Q: How can data dictionaries support organizations in achieving regulatory compliance, especially in…

A: Due to the confidential nature of the data involved, achieving regulatory compliance is vital in…