marketing research is used to learn more about ____.
a. consumer
b. market
c. consumer and market for decision making
d. Government policy
Answers
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Concept Introduction: Marketing Research is a way in which information is gathered about how to target the market and it's customers, and the relationship of Consumer and Market.
Explanation:
We have been Given: Marketing Research is done to learn about:
- Consumer (The people who use the products of the market)
- Market (The place where the certain product is sold to the consumers)
- Consumer and Market for decision making (To know about the relationship between the two inorder to make maximum profit out of the product being sold)
- Government Policy (The policies of Government for Market)
We have to Find: Marketing Research is used to learn more about _______.
Final Answer: Marketing Research is used to learn more about Consumer and Market for decision making.
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- Marketing research is a method of gathering information about how to target the market and its customers, as well as the relationship between the consumer and the market.
- The term "consumer" refers to people who use market products.
- A "market" is a location where a product is sold to customers.
- We must consider the Consumer and Market for decision making in order to understand the relationship between the two in order to maximise profit from the product being sold.
Hence, option C is correct.
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