ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
To develop a customer profile, a business would consider conducting
A
historical research
B
primary research
C
descriptive research
D
secondary research
Explanation: 

Detailed explanation-1: -Descriptive research aims to accurately and systematically describe a population, situation or phenomenon. It can answer what, where, when and how questions, but not why questions. A descriptive research design can use a wide variety of research methods to investigate one or more variables.

Detailed explanation-2: -Descriptive research is designed either to describe the basic characteristics of a given population or to profile particular marketing situations. It is different than exploratory research in the sense that, in the descriptive research stage, researchers have a general understanding of the issue.

There is 1 question to complete.