MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The gathering an analysis of information on the size, location, and makeup of a market is called market ____
A
analysis
B
research
C
exploration
D
study
Explanation: 

Detailed explanation-1: -Market research, also known as “marketing research, ” is the process of determining the viability of a new service or product through research conducted directly with potential customers.

Detailed explanation-2: -Market Research. gathering and analysis of information on the size location and makeup of a market. Marketing Concept. involves determining the wants and needs of customers and providing them more efficiently and effectively than competitors.

Detailed explanation-3: -A comparative market analysis (CMA) is an estimate of a home’s price used to help sellers set listing prices and help buyers make competitive offers. The analysis considers the location, age, size, construction, style, condition, and other factors for the property and comparables.

There is 1 question to complete.