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What is the purpose of market research?

O Market research keeps the economy growing.
O Market research gives consumers reliable product information.
O Market research helps producers earn more profits.
O Market research leads to efficient production.

User Yekver
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1 Answer

2 votes

Answer:

Market research gives consumers reliable product information.

Step-by-step explanation:

The purpose of market research is to gather information about a target market or audience in order to better understand their needs, preferences, and behavior. This information is then used by businesses and organizations to make informed decisions about product development, marketing, and overall strategy. Therefore, the most appropriate answer is: B. Market research gives consumers reliable product information.

User Eric Redon
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