Question

Once you've found your target market, your business is on track, and your customers seem satisfied, ongoing market research can

A. be a waste of money.
B. inform you of coming trends.
C. defeat your business goals.
D. improve your product quality.

Answer 1

Answer: B!! Inform you of coming trends.

Step-by-step explanation:

I took the test, and D was wrong. I now know that B is correct.

Researching the ongoing market will inform you of coming trends, which will then in turn, improve your sales.

Answer 2

The correct answer would be option D, Improve your product quality.

Step-by-step explanation:

A whole lot research of the market is done before manufacturing a product by a company in order to fully satisfy the customers needs through the product. The needs and demands of the customers are being researched. Once the target market has been found, business is on track and the customers are satisfied, then ongoing research can improve your product quality. Continuous research will give us an insight into the changing preferences of the clients and thus with the help of this research, company can improve the quality of its product according to the satisfaction level of the customers.