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This document discusses using secondary data for research projects. It defines secondary data as data collected by other researchers, and outlines the key learning objectives around secondary data: understanding different types of secondary data sources; how to access, evaluate, and present secondary data; and the advantages and disadvantages of using secondary data. Examples of secondary data sources include government reports, academic journals, and internal/external business records. The document also provides examples of raw and processed secondary data.
This document discusses using secondary data for research projects. It defines secondary data as data collected by other researchers, and outlines the key learning objectives around secondary data: understanding different types of secondary data sources; how to access, evaluate, and present secondary data; and the advantages and disadvantages of using secondary data. Examples of secondary data sources include government reports, academic journals, and internal/external business records. The document also provides examples of raw and processed secondary data.
This document discusses using secondary data for research projects. It defines secondary data as data collected by other researchers, and outlines the key learning objectives around secondary data: understanding different types of secondary data sources; how to access, evaluate, and present secondary data; and the advantages and disadvantages of using secondary data. Examples of secondary data sources include government reports, academic journals, and internal/external business records. The document also provides examples of raw and processed secondary data.
Learning objectives • Know what secondary data are, and how it can be incorporated into your research; • Understand the different types of secondary data; • Be aware of the main electronic secondary sources; • Know the advantages and disadvantages of secondary data;
Lecture 6: Using secondary data
Learning objectives • Know how to access secondary data; • Appreciate how to evaluate secondary data; • Understand how to present secondary data.
Lecture 6: Using secondary data
What are secondary data? • Secondary data are data that has been collected by other researchers. Of course, the researchers could be an individual, group, or working on behalf of an organization.
Lecture 6: Using secondary data
Reasons for choosing secondary data
• The nature of your chosen topic
• Your university or college’s regulations (e.g. due to LAIBS regulations you will need to conduct secondary research) • Choice of research design • Undertaking international or cross- cultural research • Unable to conduct primary research Lecture 6: Using secondary data Business and secondary data • Internal - Examples of internal sources include customer records, sales invoices, previous market research reports and minutes from Board meetings. • External - These include everything from competitor’s promotional brochures to government reports.
Lecture 6: Using secondary data
Classification of secondary data Secondary data
Electronic format Written format
Commercial Academic Commercial Academic
audience audience audience audience Business Government Academic directories, Textbooks, lecture websites, journals, Trade magazines, notes Multilateral Conference Broadsheet organizations, papers, newspapers, Company Book reviews Company reports websites
Classification of secondary data
Lecture 6: Using secondary data Advantages of secondary data • Less resource intensive • Can allow for comparative analysis • Ideal for longitudinal studies • Easily accessible by other researchers
Lecture 6: Using secondary data
Disadvantages of secondary data • Access is difficult and costly • May not match your research problem • Difficult to verify reliability • Not in a manageable form
An example of processed (cooked) data Date Daily sales achieved Daily Sales target (£) Difference (+ / -) (£) Mon 23rd 35,000 34,750 + 250.00 March Tues 24th 18,345 22,950 -4605 March Weds 25th 17,234 14,750 +2484 March Thurs 25th 29,108 28,250 +858 March Fri 26th 22,400 21,750 +650 March Sat 27th 39,100 38,250 +850 March Sun 28th 12,240 11,500 +740 March TOTAL for 173,427 172,200 +1227 week Lecture 6: Using secondary data Evaluating secondary data • Purpose • Scope • Authority • Audience • Format
Lecture 6: Using secondary data
Presenting secondary data • Original form • Adapted form • Qualitative • Quantitative
Lecture 6: Using secondary data
Common questions • You have decided to base your research project on the current economic crisis. Your leading research question is ‘How has the current economic crisis impacted trade between the UK and US?’ Suggest possible sources of secondary data that you might use to answer this question.
Lecture 6: Using secondary data
Common questions • Does my research project have to be based entirely on secondary data? • What are the disadvantages of restricting your secondary data to that of newspapers only? • What are the possible advantages of using secondary data in electronic format?
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