ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is done in the 3rd step of Marketing Research?
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Data is analyzed
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Surveys are made
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Surveys are filled
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Surveys are burned
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Explanation:
Detailed explanation-1: -So, as I said earlier, data analysis is the last step in market research. Actually, it’s the third one with Planning being the first step and Data Collection the second. Planning involves a few phases which should prepare you for the actual research.
Detailed explanation-2: -Step 1: Problem Definition. Step 2: Development of an Approach to the Problem. Step 3: Research Design Formulation.
Detailed explanation-3: -Step 4: Analyze and Report Findings. Analyzing the data obtained in a market survey involves transforming the primary and/or secondary data into useful information and insights that answer the research questions.
There is 1 question to complete.