ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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conclusion
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present data in charts
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survey target market
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aim of the research
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Detailed explanation-1: -The First Step in The Marketing Research: Defining The Problem. Yes, the first step in the marketing research process is to define the problem. While all of the steps in this process are precious, many experts think that defining the problem is the most crucial.
Detailed explanation-2: -Market research provides critical information about your market and your business landscape. It can tell you how your company is perceived by the target customers and clients you want to reach.
Detailed explanation-3: -It aims to obtain objective and accurate data which can then be used as a reference in making decisions. The existing process includes data collection, observation, and processing of existing data on the object of research in the world of marketing.
Detailed explanation-4: -Defining the problem and research objectives is the first step involved in the marketing research process.