BUISENESS MANAGEMENT
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is one way that a business might use marketing information?
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To develop new products
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To calculate sales transactions
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -It can help you decide whether a new idea for a business or product will fly – that is, if customers will find it appealing – based on how similar products have performed in the marketplace. It can help you make wise product packaging and promotional decisions, as well as effective marketing messages.
Detailed explanation-2: -Terms in this set (7) What is one way that many businesses use the marketing information contained in sales reports? By monitoring its sales and its customers’ buying habits, what is a business often able to identify?
There is 1 question to complete.