answersLogoWhite

0


Best Answer

Before introducing any new product or modifying a product an organization is required to know about the market - geography, demography, location, size of the population, nearness to the market etc. All these could be considered while doing a market research. Old books and research papers also prove to be useful. The dept. measures the viability of the project and classify the research accordingly.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a market research department do?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Marketing

What is the relationship between sales department and purchasing department?

both overseeing the market research both ensures that the is available market for the product both control quality and quantity of the product both plan for production and market schedules


Modes of market research?

Market Research is a key factor to get advantage over competitors. Market research provides important information to identify and analyze the market need, market size and competition.Modes of Market Research and quantitative -- how many and qualitative -- what kind.Quantitative Market Research includes tasks such as:» Consumer Market Survey» Market Research Data Collection» Statistics» Market Significance testing» Market Research Data Analysis» Data Validation ServiceQualitative Market Research includes tasks such as:» Brand Market Research» Market Sector Research» Consumer Market Research» Pricing Research» Market Research Focus Groups


Differences between marketing research and market research?

Marketing Research is broad whilst Market Research is narrow. Marketing Research is universal set whilst Market Research is the subset of the marketing research.


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.


Important of international market research?

International market Research is a highly complicated thing in this we can chose better Market Research company according to their industry. In this Market Research have a important module of business world. From this research we getting a more current trends in the market place.

Related questions

Which business orientation uses market research?

the managing department has a big influence on the prodject


What is the relationship between sales department and purchasing department?

both overseeing the market research both ensures that the is available market for the product both control quality and quantity of the product both plan for production and market schedules


How can you get paid for chatting?

If chatting means asking questions then surveying is a good idea. You can do this by joining a market research department.


Modes of market research?

Market Research is a key factor to get advantage over competitors. Market research provides important information to identify and analyze the market need, market size and competition.Modes of Market Research and quantitative -- how many and qualitative -- what kind.Quantitative Market Research includes tasks such as:» Consumer Market Survey» Market Research Data Collection» Statistics» Market Significance testing» Market Research Data Analysis» Data Validation ServiceQualitative Market Research includes tasks such as:» Brand Market Research» Market Sector Research» Consumer Market Research» Pricing Research» Market Research Focus Groups


Is the Department of Transportation a market monopoly?

The US Department of Transportation is a government department, not a market monopoly


Why Overseas market research difficult then domestic market research?

An overseas market research could be an overseas domestic market research then. Not sure the question is clear. Wouldn't be more like: "Why overseas consumer market research is more difficult than national consumer market research?" No?


When was Conservative Research Department created?

Conservative Research Department was created in 1929.


Differences between marketing research and market research?

Marketing Research is broad whilst Market Research is narrow. Marketing Research is universal set whilst Market Research is the subset of the marketing research.


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.


Important of international market research?

International market Research is a highly complicated thing in this we can chose better Market Research company according to their industry. In this Market Research have a important module of business world. From this research we getting a more current trends in the market place.


What is benefit of effective market research?

What is a benefit of effective market research


What is a benefit of effective market research?

What is a benefit of effective market research