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What is market research? Why marking research is quite important to a business? Discuss as being a...

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General Management

What is market research? Why marking research is quite importantto a business?

Discuss as being a business, how to make sure the marketresearch (plan to carry out) is cost-effective.

(Note: should include three questions in total)

Answer & Explanation Solved by verified expert
4.3 Ratings (788 Votes)
Market Research Market Research is the first step to start a business or product It is very impartant to plan a business strategy It is a collective effort to gather information about customers or target customer Market research provides important information which helps to identify and analyze the needs of the market the market size and the competition    See Answer
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