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Which of the following defines market research?

A: The process of collecting, storing, and retrieving data in electronic files.
B: The process of dividing a market into categories of of customer types.
C: The process of fixing, adapting, and communicating the nature of the product itself.
D: The study of consumer needs and wants, and the ways in which sellers can best meet them.

User Morgan G
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2 Answers

1 vote
D. The study of consumer needs and wants, and the ways in which sellers can meet them.

User Alexys
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4 votes
I would say D could be the best answer. 
User Avasal
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