ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a tool that an entrepreneur develops to project sales for a new business venture:
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Marketing objectives
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Sales forecast
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Promotional budget
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Inventory report
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Explanation:
Detailed explanation-1: -Company reports and published accounts .
Detailed explanation-2: -It helps in understanding how viable your product or service would be, before even entering the market. It also gives you an overview of what is trending in the industry and what motivates the users to make a decision to convert and buy. Accordingly, you can plan the roadmap for your product or service.
There is 1 question to complete.