Business Studies, asked by Premsolanki943, 1 year ago

Explain by giving any four points why market assessment is needed for an entrepreneur

Answers

Answered by Anonymous
2

By conducting primary research using unbiased panellists, entrepreneurs can gain the latest information about the consumer's wants and needs, allowing them to adapt their product or service accordingly and gain a competitive advantage. Objective market research has many benefits for start-ups and entrepreneurs.

Answered by Anonymous
0

Answer:

Explanation:

By conducting primary research using unbiased panellists, entrepreneurs can gain the latest information about the consumer's wants and needs, allowing them to adapt their product or service accordingly and gain a competitive advantage. Objective market research has many benefits for start-ups and entrepreneurs.

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