INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is essential to all marketing research:
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Frequency
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Primary data
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Accuracy
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Secondary data
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Explanation:
Detailed explanation-1: -The recommended core five steps in the marketing research process are: define the problem or opportunity, develop your marketing research plan, collect relevant data and information, analyze data and report findings, and put your research into action.
Detailed explanation-2: -In order to accurately target the customers in your market niche, you need to know who your customers are. This type of research can be conducted through focus groups, questionnaires, surveys, interviews, and analytical data collected from online interactions with your brand.
Detailed explanation-3: -Four common types of market research techniques include surveys, interviews, focus groups, and customer observation.
There is 1 question to complete.