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Unit 22 Assignment 1 - Market Research BTEC Business (DISTINCTION) (Questions and Answers)
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---4January 20252024/2025A+
- Unit 22 Assignment 1 - Market Research BTEC Business (DISTINCTION) (Questions and Answers) 
 
What does market research involve? - Correct Answer>>finding out the needs of customers before developing a product 
 
Give 6 benefits of market research - Correct Answer>>1) ability to obtain detailed info about a market 
2) ability to identify needs of current/ potential customers 
3) by identifying customer needs to make products that'll sell 
4) identifying market trends so as to resp...
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