ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Evaluating how much research must be done and determining who is able to gather it is know as which of the following?
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Skills analysis
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Personal analysis
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Project analysis
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Budget analysis
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Explanation:
Detailed explanation-1: -Market research analysts gather and analyze data on consumers and competitors. Market research analysts study consumer preferences, business conditions, and other factors to assess potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.
Detailed explanation-2: -Making solid business decisions. Securing funding from investors. Determining new business opportunities. Avoiding business failures. 05-Feb-2015
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