MANAGEMENT

BUISENESS MANAGEMENT

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following questions is market research not likely to find an answer to?1) Would consumers be likely to buy my product?2) Which method of production should I use?3) What price would consumers be likely to pay?4) Which businesses will be the main competitors?
A
1
B
2
C
3
D
4
Explanation: 

Detailed explanation-1: -Which of the following questions is market research not likely to find an answer to? Would consumers be likely to buy my product?

Detailed explanation-2: -Did you consider any of our competitors? Who and why? What do you wish our product could do? How would you rate your most recent experience with us?

Detailed explanation-3: -Four common types of market research techniques include surveys, interviews, focus groups, and customer observation.

Detailed explanation-4: -Product-Based Market Research Questions How does our product compare to the competition based on the features? What products do our competitors offer? What new features do customers want to see in our products? Do we have a product roadmap to deliver these updates?

There is 1 question to complete.