ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Define market research
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the use of primary and secondary market research data to make decisions
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the process of identifying customer needs & satisfying them profitably
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the process of gathering, analysing and interpreting information about a market
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None of the above
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Explanation:
Detailed explanation-1: -Market research blends consumer behavior and economic trends to confirm and improve your business idea. It’s crucial to understand your consumer base from the outset. Market research lets you reduce risks even while your business is still just a gleam in your eye.
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