In the product market the firm undertakes market ___________ to discover consumer needs and advertising to promote sales
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different things to discover
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In the product market, the firm undertakes market research to discover consumer needs and advertising to promote sales.
Explanation:
- Marketing research helps in identifying the needs and requirements of the people.
- A lot of business organisations adopt marketing research for understanding their customers and their requirements and promoting their goods and services.
- Marketing research is adopted by an enterprise to test the product and to make strategies on marketing the products.
- Marketing research helps in identifying the opportunities and minimizes the risks.
- It helps in understanding the markets and the issues that can come up while promoting the products.
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