Business Studies, asked by vickyrajput770, 2 months ago

. Research that must be changed for profitable business is of​

Answers

Answered by nidaeamann
0

Explanation:

Research that must be changed for profitable business is of​ good change.

A research is carried out with the intention to get some advancement, technological edge over the competitors or to find solution of a complex problem. Not all researches go well or as planned so it is important to keep looking at the progress of research and if needed changes should be done to make it a successful or profitable research

Answered by Anonymous
1

Research that must be changed for profitable business is of​ information.

  • Although research is vital for a company start-up, it is also useful for existing firms to increase profits with proper market information.
  • It is important for any business to understand what the clients want and how they want it. For business profitability, proper information on demographic research, consumer choices and desires is important for the total goods sold.
  • There's a time factor to useful market research as it has a history of patterns and provide a prediction of future events.
  • A manager has to make choices on what to do next and also consider the future as a result. Such a step will help in the ascertainment of future profits.
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