ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
CULTURAL DIFFERENCES AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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BY APPLYING TESTS AND QUIZZES
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BY RUNNING A MARKET RESEARCH
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BY PUSHING THEM TO GIVE AWAY INFORMATION
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BY JUST WAITING FOR THEM TO COME TO THE BUSINESS
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Detailed explanation-1: -Four common types of market research techniques include surveys, interviews, focus groups, and customer observation.
Detailed explanation-2: -The data collected can be qualitative data (non-numerical data) or quantitative data (numerical or statistical data). While conducting primary market research, one can gather two types of information: Exploratory and Specific.
Detailed explanation-3: -Market research can enable you to identify your target consumer, find out what they think about your ideas, products or brand and gather insights to help you target the right market.
Detailed explanation-4: -Asking for customer feedback (qualitative) Focus-group testing a new product (qualitative) Interviews, expos (qualitative) Online reviews on your website or social media (qualitative) Visiting your competitors online or in store (qualitative) More items •23-Mar-2023