answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What are the three primary reasons for performing market research?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

The primary purpose of identifying enabling products services and technologies when performing service-focused strategic market research is?

assess the need to perform strategic market research for the service


Primary purpose of identifying enabling products services and technologies when performing service-focused strategic market research is to?

assess the need to perform strategic market research for the service


Benefit of primary market research?

Primary market is the initial step of market research in this we can analyse the market behavior of the market.


Why primary market research?

Primary Market Research: In this research we can communicate with directly with customer and gathering information from the potential customer.


The primary purpose of identifying enabling products services and technologies when performing service-focused strategic market research is to?

Evaluate key labor force capabilities for the service.


Is the primary element that distinguishes tactical market research from strategic market research?

The level of focus and detail of the research


Which three of the following choices represent primary reasons for performing market research?

Obtain data satisfy federal mandates define and document


What are the examples of primary research?

quantitative market research (survey), qualitative market research (focus group, interviews, etc.)


What is the primary element that distinguishes tactical market research from strategic market research?

The level of focus and detail of the research


What are the disadvantages of primary market research?

There really are no disadvantages to primary market research. What might be disadvantageous to an origination would be lack of resources or funds to conduct beneficial market research in the first place. Innovation in cost reduction must then be implemented.


What is the scientific approach to market research?

Performing a PESTLE is the way you might go about this.


Difference between a primary market reserch and a secondary market research?

Primary market research is like primary data collection, which is original or untampered data which is obtained by the researcher directly from the respondents. This is a rather time consuming method as the researcher should approach respondents based on the nature of the data. Secondary market research is a subset to Primary market research where the researcher collects data from the already collected research data. This saves time and effort as information to the problem is already available and new information alone has to be collected.