ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a limitation of marketing research can be
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good use of info for a product
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help you get info for certain questions you might have
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favorable customer reviews do not guarantee a product’s success
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research allows more sales if done right
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Explanation:
Detailed explanation-1: -There is no guarantee that a new idea will be a commercial success. Therefore it is invaluable that businesses make informed decisions using accurate and up-to-date market information.
Detailed explanation-2: -1. Online Marketing is not free as the cost of hardware, software, website design, online distribution costs, maintenance, hosting of website and yes time, all should be factored into the cost of providing your product and service.
Detailed explanation-3: -Managing risks. Increasing sales. Improving brand recognition. Measuring brand reputation. Can be expensive. Requires significant time investment. May only target a small population. Need personnel to conduct research. More items •24-Jun-2022
There is 1 question to complete.