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Question
What are the benefits of markets research?
What are the benefits of markets research?
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Solution
The benefits of market research are :
(i) It helps in determining and facing competition.
(ii) It helps in determining needs and wants of customers.
(iii) It helps in increasing demand of products.
The benefits of market research are :
(i) It helps in determining and facing competition.
(ii) It helps in determining needs and wants of customers.
(iii) It helps in increasing demand of products.
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