ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is an internal source of market research?
A
Academic journals
B
Government publications
C
Company annual reports
D
Media articles
Explanation: 

Detailed explanation-1: -Internal sources include accounting information (Trading Profit & Loss A/c and Balance Sheets of different years), salesmen’s reports, statistics in relation to advertisement expenditure, transportation costs etc.

Detailed explanation-2: -What are some examples of internal data sources? Customer profiles, Sales analysis reports, inventory analysis, production reports, cost analyses, marketing budgets, and profit-and-loss statements.

Detailed explanation-3: -Social media profiles. Company websites. Job listings and promotion opportunities. Company benefits and perks. Work-life balance initiatives. Training and development opportunities. Internal communications, including emails, instant messages, and phone calls. Workshops. More items •09-Nov-2021

There is 1 question to complete.