1. Dell is the market leader in the United States, followed by HP Inc., while Lenovo and Apple, who are ranked third and fourth, respectively. 2. Manufacturers determine the worth of the domestic computer industry.
A. The information will support management decisions and give a sense of how competitive the market is. B. Interviews with staff members and dilemmas are the main techniques. C. Primary and secondary research are both critical for a business.
What is marketing?
The practice of a business of promoting the purchase and sale of goods and services is referred to as “marketing.” Promotion, publicity, and advertising make up marketing.
1. The two businesses, who hold a combined market share of more than 50%, are Dell and HP Inc., who also hold the second- and third-place spots in the U.S. PC market, respectively. 2. The sum of PC sales from all manufacturers represents the industry's value.
A. The information will support management decisions and give a sense of how competitive the market is. Market share data will assist the firm in choosing a goal that is doable.
B. Merit is inexpensive, and demerit isn't always the right information in ambiguous situations. The merit of a hiring interview can be quickly evaluated, whereas the demerit is expensive.
C. Secondary research is a base of choice, while primary research is the primary need.
Hence, the significance of the market research is aforementioned.
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