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Question

Conducting a market assessment helps to ________

A
Prepare to enter a new market
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B
Launch a new product/service
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C
Start a new business
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D
All of above
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Solution

The correct option is D All of above
Market assesssment helps in examining the market completely. It helps to prepare to enter in to a new market, launch a new product or service and even to start a new business. It helps in analyzing the pros and cons of launching the idea in to a market.

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