Describe the process of market research
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꧁ Digital Diary ༒Largest Writing Community༒꧂
every research problem is unique and required special imposes and approves one way to face the uniqueness of every problem is to tailor the result work according to individual needs however in practice there is a sequence of step called research process that have to be followed will adopting a research project..
identifying and refining the problem is the first step in the process of solution the problem of 2 days business are divides some relate to the product other to the customer behaviour others may be advertising problem etc..
exploration the research problem is generally state the by the marketing team the research team is supposed to conduct a thrilling minari investigation for example is same manager who not he still deciding Mighty problem as inactive advertising..
the researchers how begin to formulate hypothesis to fit the problem hypothesis are tentative explanation of a problem formulated on the basis of inside and knowledge about the problem the hypothesis may prove to be either right or wrong..
guide the data collection to test the hypothesis sales are decline in because the product quality and price are to hide the researchers would want to cannot..
the Research Design is the Grand clan for conducting the research investigation it provides a guideline for the researcher to enable him to keep it track office action and Tok now that he is moving in the right direction in collecting the data..
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