1. Maket Research
... there are three types of objective: - Exploratory Research - to gather preliminary information that will help to define the problem and suggest hypotheses Descriptive Research - to describe areas such as: market potential, demographics and attitudes of consumers who may buy the product. Causal Research - to test hypotheses about cause and effect relationships. E.g. would a 10% decrease in price create sufficient extra ... etc. Information may also be gathered from public sources, libraries; competitors advertising, end of year company statements and brochures. Information may also be bo...
- Word Count: 2825
- Approx Pages: 11
- Grade Level: Undergraduate