Register
Give at least one example of a type of market research that producers conduct. Explain the kind of information this research provides.
66.0k views
0 votes
Give at least one example of a type of market research that producers conduct. Explain the kind of information this research provides.

User Rodrigo Murillo
by
9.2k points

1 Answer

3 votes
one example is focus group. Producers are able to test new ideas and products on small amounts of consumers, and with their feedback, they can produce products that consumers will buy.

User Jason Morgan
by
8.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!