BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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to expand into a new market
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to determine which products to carry in the future
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to examine employee productivity
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to see how consumer feel about the company
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Detailed explanation-1: -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.
Detailed explanation-2: -Market research is that key which a start-up business holds that helps it obtain the much-needed information aiding it to prioritize matter of fact and attainable goals. The right time for a business venture to undertake market research is before the launch of a new business or venture.
Detailed explanation-3: -It gives your business direction and helps you stay on top of what your customers want. Market research is useful to assess: the viability of a business or product idea. whether you can grow into a new market or location.