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Disadvantages of Secondary Data:
It is however difficulty to find secondary data that exactly fits into the needs of some specific research investigation. The problem experienced in respect of secondary sources can be in terms of:
1. Relevance : The data may not fit into the needs of investigation. There may be difference n the unit of measurement there may be surrogated data discrepancy of classes and data may persons to supply the desired information.
2. Accuracy: It is observe that it is rather difficult to measure the degree of approximations used in the collection of information as well as the competence of the investigator in motivating the persons to supply the desired information.
3. Other limitations
a. There may be difficulties in the identification of the source.
b. Errors may be there in recording or transferring information form secondary sources.
c. The facilities or capabilities of the agency that originally collected the might be questionable.
Frank And Lillian Gilbreth: The following were the basic principles: a) The management should understand the need and nessasity of workers. b) Concept of 'speed work' we
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Conclusion
VK Ltd a multi product company, furnishes you the following data relating to the year 2000. First half sales Second half sales Sales Rs.45000 Rs.50000 Total cost Rs.40000 Rs.4
Johnson has to decide whether to purchase a preference share which redeemable or one which is not. The redeemable share is $1000 per value share which promises 15% dividend annuall
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Assume the firm mark up over the cost is 10% and the wage setting equation is W=P (1-u) where U is the unemployment rate. a) Search the real wage rate implied by the price set
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