Question
Which of the following is not an advantage to hiring an external research consultancy versus conducting
research in-house?
More likely to remain objective and unbiased
May have access to comparative data
Generally cheaper
research in-house?
More likely to remain objective and unbiased
May have access to comparative data
Generally cheaper
Ask by Smith Watkins. in the United States
Jan 24,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
“Generally cheaper” is not an advantage of hiring an external research consultancy.
Solution
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Mind Expander
When it comes to hiring an external research consultancy, objectivity is a significant perk! External consultants can provide fresh perspectives and are less likely to be influenced by internal politics or biases, ensuring that the research findings are grounded in reality rather than preconceived notions.
On the flip side, while external consultancies may have advantages in expertise and data access, they often come with a hefty price tag. Conducting research in-house can sometimes lead to cost savings as organizations leverage existing personnel and resources, making “generally cheaper” the incorrect choice when weighing the benefits of external versus internal research efforts.
