ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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This step in the marketing research process occurs after the collection of data has been completed, but before the preparation of presentation of the research report.
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analyze the data
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follow up
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specify the sampling procedures
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collect the data
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Explanation:
Detailed explanation-1: -Step 3: Research Design Formulation The issue of how the data should be obtained from the respondents (for example, by conducting a survey or an experiment) must be addressed. It is also necessary to design a questionnaire and a sampling plan to select respondents for the study.
Detailed explanation-2: -Define the problem. Focus on the core customer challenge to solve. Develop your research plan. Gather your information. Analyze your data. Develop a strategy. Take action.
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