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explain market research process: 1- Identifying the problem 2- Planing market research 3- Collecting data 4- Qualitative data 5- Quantitative...

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Question

General Management

explain market research process:

1- Identifying the problem

2- Planing market research

3- Collecting data

4- Qualitative data

5- Quantitative data

6- Data analysis

7- processing data into usable information

8- Presenting data and making decisions

Answer & Explanation Solved by verified expert
3.9 Ratings (516 Votes)
Market Research Market research helps to gather information about the target market and customers It is an important component of business strategy It helps in evaluating the feasibility of a product or service Market research process 1 Identifying the problem identifying the problem is the first step in marketing research The research starts with a problem that the management is facing Identifying problems help to fix the research objectives and for determining the problem you need to identify what    See Answer
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