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an organization is gathering, recording, and analyzing data about its target market. this activity is known as
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an organization is gathering, recording, and analyzing data about its target market. this activity is known as

User Bekite
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Marketing research deals with gathering, recording and analyzing data about its target market.

Step-by-step explanation:

  • A research will be conducted with the direct customer for releasing a new product or new version of the product.
  • This is the systematic way of collecting data
  • This helps entrepreneurs to make decision
  • It is the study of market design in tandem with the acceptance in the market
  • Helps the business man to better identify the market opportunities
  • Also it is possible to learn market strategies from the research.
User Gerrit Brehmer
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