ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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develop a data-collection procedure.
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analyze the situation.
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define the problem.
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develop an MkIS.
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Detailed explanation-1: -The first step in the marketing research process is defining the problem or the question your research is trying to answer, followed by developing a research plan to answer that question, collecting and analyzing the data, and then producing a report.
Detailed explanation-2: -The recommended core five steps in the marketing research process are: define the problem or opportunity, develop your marketing research plan, collect relevant data and information, analyze data and report findings, and put your research into action.
Detailed explanation-3: -Defining the problem and research objectives is the first step involved in the marketing research process.
Detailed explanation-4: -Define the Problem. Develop the Research Strategy. Acquire the Research Materials. Collect the Data. Analyze the Data. Compile the Data. Implement Data-Driven Strategies. 22-Sept-2022