What are the 3 reasons for gathering data? P. E

Data empowers you to make informed decisions.

Data helps you identify problems.

Data allows you to develop accurate theories.

Data will back up your arguments.

Data makes your approach strategic.

Data helps you get your hands-on funding.

Explanation:

Under the main three basic groups of research methods (quantitative, qualitative and mixed), there are different tools that can be used to collect data. Interviews can be done either face-to-face or over the phone. Surveys/questionnaires can be paper or web based.Collecting data is valuable because you can use it to make informed decisions. The more relevant, high-quality data you have, the more likely you are to make good choices when it comes to marketing, sales, customer service, product development and many other areas of your business.