Information Gathered And Business Models / Accounting Techniques Used

1917 WordsOct 20, 20168 Pages
PART TWO INFORMATION GATHERED AND BUSINESS MODELS/ ACCOUNTING TECHNIQUES USED 2.1 Sources of information obtained and their limitations This research made use of primary and secondary sources of information. According to the definition I obtained from the McQuade library (2016), primary information sources are original resources from which data used for a research work is derived such as interviews, surveys etc. It is first-hand information a researcher obtains for use in a research work. Secondary information sources are those that evaluate primary sources and involve reliance on the work of others, examples are textbooks, articles, a company’s published financial statements, journals etc. The data obtained from the questionnaires administered on local residents of Ibeshe community, some customers (consumers and distributors) and employees of Dangote Cement Plc are the primary source of information for this research work. The main advantages of the primary source of information is that it gives assurance about the quality of the data obtained and ensures that only necessary information is collected. However, this method of obtaining information raises ethical issues such as having to obtain permission, deciding on what information to collect and when to collect them. The sources of the secondary information collected were the published annual reports that contained Dangote cement Plc’s financial performances and CSR activities. The annual reports used were for 2014 and
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