BUISENESS MANAGEMENT
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How many steps are there in the basic market research process?
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1
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2
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3
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4
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Explanation:
Detailed explanation-1: -9 Key Stages in the Marketing Research Process | Qualtrics.
Detailed explanation-2: -Did you know there are 6 steps in the market research process? While this process speaks directly to marketing research professionals, the process applies to HR, customer or education surveys as well: Identify and define the problem.
Detailed explanation-3: -There are three types of market research-exploratory, descriptive, and causal.
Detailed explanation-4: -3. Collect Relevant Data and Information. In marketing research, most of the data you collect will be quantitative (numbers or data) versus qualitative, which is descriptive and observational.
There is 1 question to complete.