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What would you define business research? What are the major components of good research study? |
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Answer» Business research involves ESTABLISHING objectives and gathering relevant information to obtain the ANSWER to a business issue. You can conduct business research to answer a business-related question, such as: What is the target market of my product? Business research can also be USED to SOLVE a business-related PROBLEM, such as determining how to decrease the amount of excess inventory on hand. Adequate planning and information-gathering are essential to derive results for your business. |
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