ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Budget analysis is part of which step in the market research process?
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Defining the Problem
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Collecting Data
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Identifying the Research Design
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Developing the Approach
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Explanation:
Detailed explanation-1: -The final step is to report the market research findings to those who need the data to make decisions. The findings should be presented in a comprehensible format so that they can be readily used in the decision-making process.
Detailed explanation-2: -Identifying the problem is the most important step in market research processes. It’s going to determine every step you take in the future-of market research anyways.
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