ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The results of market research are used to identify the ____ for a product.
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convenience sample
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cultural differences
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probability sample
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target market
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Explanation:
Detailed explanation-1: -Market research is used to determine the viability of a new product or service. The results may be used to revise the product design and fine-tune the strategy for introducing it to the public. This can include information gathered for the purpose of determining market segmentation.
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