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Strategic market research is an ongoing process through all phases of the acquisition cycle

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13y ago

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Related Questions

Strategic market research is a focused and detailed approach conducted in response to a specific requirement for a product service or technology?

False


What can the results of your market research help the acquisition team do?

The results of market research can equip the acquisition team with valuable insights into consumer preferences, market trends, and competitive landscape. This information enables the team to identify potential acquisition targets that align with strategic objectives and market demands. Additionally, it helps assess the viability of these targets by understanding their market position and customer base, ultimately leading to more informed decision-making in the acquisition process.


Dirrerentiate between Market Research and Marketing Research?

Market research is conducted to discover what people will buy. Marketing research is conducted to discover how best to sell it to them.


What phase of market research is an ongoing process?

Strategic market research is an ongoing process.


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

The level of focus and detail of the research


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

The level of focus and detail of the research


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


When shall market research be conducted?

Market Research is the process of gathering new information about product, services or any data that refers to business. It can be varies according to business needs. The market research can be conducted from various situations - It can be conducted when starting a new business - Following up on the initial market research of a launched product or services - It can be conducted when introduction of new product or services - Some business people conduct market research to update existing statistics, create blogs, websites and email to get customer feedback and to update knowledge for their business growth.


What are the two types of market research?

strategic, and technical


Strategic market research is performed primarily?

Before definition of a specific requirement


What is the difference between strategic and tactical market research?

i don't know rubbish... =)