BUISENESS MANAGEMENT
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Finish the sentence correctly. Market research is the process of ____
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marketing your goods or services
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gathering, and analysing information concerning a specific market
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selling your goods or service to the maximum number of customers
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developing marketing materials
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Explanation:
Detailed explanation-1: -The marketing research process focuses on collecting insights from your target audience, such as their opinions and attitudes that would help you evaluate current products, services, or test concepts aimed at improving them. It can also gauge customer perceptions about your company.
Detailed explanation-2: -Some of the overarching goals that market research can help organizations accomplish, include: making important business decisions, securing investments and funding, determining new business opportunities, and even avoiding business failures.
There is 1 question to complete.