BUISENESS MANAGEMENT
MARKET RESEARCH
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Test marketing
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Marketing research
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Commercialization
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Integrated marketing
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Exclusive distribution
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Detailed explanation-1: -Marketing research is the systematic design, collection, analysis, and reporting of data and findings relevant to a specific marketing situation facing the company.
Detailed explanation-2: -Marketing research is the systematic gathering, recording, and analysis of qualitative and quantitative data about issues relating to marketing products and services.
Detailed explanation-3: -Marketing research is the process of collecting and analyzing data from consumers and competitors to help businesses explore who their target customer is and what they want from the brand. Good marketing research can also provide insight into how effective marketing efforts are, and explore potential areas for growth.
Detailed explanation-4: -The answer is market research. The systematic design, collection, analysis and reporting of data relevant to a specific marketing situation facing an organization is called market research.