Multiple choice

Market research is needed for

  1. deciding the market area

  2. deciding the right product to be sold

  3. making proper marketing decisions

  4. deciding right time to sell

  5. All of these

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Market research provides comprehensive insights that assist in every stage of the marketing process, including market selection, product development, timing, and strategic decision-making.