Business Studies, asked by shwetlanaarusaxena16, 7 months ago

Research can be that must be changed for profitable business

Answers

Answered by Anonymous
4

Answer:

Market research should never be underestimated. Many successful new businesses enjoy longevity because their owners conduct regular market research to understand their target market, identify consumer problems and pinpoint realistic competitors

Answered by Rameshjangid
0

Research can be information that must be changed for a profitable business.

Explanation:

  • Business research is divided into two categories: basic research and applied research.
  • To comprehend a topic or an opinion through face-to-face discussions, basic research is conducted. The goal of this kind of study is not immediately commercial.
  • As an illustration, let's look into why people first start using cigarettes. This kind of fundamental investigation allows us to gather knowledge that may be used to develop a company plan.
  • To launch a firm, the information gathered needs to be analyzed, and a sound decision needs to be made.

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