ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
research based on opinion; designed to obtain info on how people feel about certain products, services, companies, or ideas
A
attitude
B
product
C
media
D
market
Explanation: 

Detailed explanation-1: -Attitude research *, also known as opinion research, is designed to obtain information on how people feel about certain products, services, companies, or ideas.

Detailed explanation-2: -Observation. Observation is a primary market research method that involves monitoring and recording people’s behavior, actions, and interactions in a natural setting. This non-intrusive approach provides insights into how customers use products or services and helps identify patterns and trends.

Detailed explanation-3: -Primary market research is a process where organizations or businesses get in touch with the end consumers or employ a third party to carry out relevant studies to collect data. The data collected can be qualitative data (non-numerical data) or quantitative data (numerical or statistical data).

Detailed explanation-4: -Secondary research typically measures consumer attitudes, product and brand preferences, media consumption habits, and demographic and lifestyle characteristics.

There is 1 question to complete.