GK
MARKETING MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When American Airlines decided to review new ideas aimed at first-class passengers on long flights, like an ultra high-speed Wi-Fi service and 124 channels of high-definition satellite cable TV, their first step in the marketing research process was to ____
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develop the research plan
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define the problem
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collect the information
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analyze the information
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make the decision
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Explanation:
Detailed explanation-1: -The last step in marketing research is to introduce study research discoveries and make conclusions.
Detailed explanation-2: -Marketing metrics is the set of measures that helps firms to quantify, compare, and interpret their marketing performance.
Detailed explanation-3: -When customers fall into different user groups with distinct buying preferences and practices, a market-management organization is desirable.
Detailed explanation-4: -The first step in launching a research study, problem or issue definition, focuses on uncovering the nature and boundaries of a situation or question related to marketing strategy or implementation.
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