1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dahasolnce [82]
3 years ago
13

State any five reasons why an entrepreneur may carryout Market survey.​

Business
2 answers:
Shtirlitz [24]3 years ago
8 0

Answer: Whether you are thinking of venturing into a new market or launching a new product, conducting a marketing assessment is the crucial first step in determining if there is a need or a potential customer base for your product. Why is market research important for new business ideas? Market research should never be underestimated. Many successful new businesses enjoy longevity because their owners conduct regular market research to understand their target market, identify consumer problems and pinpoint realistic competitors. Determine key market factors: Cost, Consumer Demographics, Challenges, Opportunities. ... These factors will help you determine how you will need to market to consumers, face your competition, and develop your overall business plan.

Hope this helps....... Stay safe and have a Merry Christmas!!!!!!!! :D

Explanation:

swat323 years ago
6 0

Answer:

to know what the other people are interested in, for example they do a survey to see how much of each product they need and the popularity of how many people like the stuff, those are 2 reasons, quantity and I would say popularity 3: get the people to know that enreprenuer cares 4 and five just think about it, I cant really think of anymore

Explanation:

You might be interested in
Before introducing the results of your survey, you explain in detail how you collected the data and the possible limitations of
nasty-shy [4]

Answer:

I don't know but don't delete my answer pls

Explanation:)

7 0
2 years ago
Monique receives a check each month from the tenants living in the townhomes she owns. What type of income is this considered?
Kruka [31]

Answer:

D. Passive Income

Explanation:

VillageVirtual ECON/PF course

7 0
2 years ago
Read 2 more answers
Clara is looking into investing a portion of her recent bonus into the stock market. While researching different companies, she
pantera1 [17]

Answer: sorry idk :(

Explanation:

4 0
3 years ago
The next wave of marketable innovations may involve new ways to produce and conserve energy. If we can turn new technology into
Whitepunk [10]

Answer:

The correct answer is a) Gross domestic product (GDP)

Explanation:

Gross domestic product (GDP) is a fiscal measure of the market value of all the final goods and services produced annually. There are two types of GDP, nominal and Real.

8 0
3 years ago
Suppose that $4000 is deposited in an account that earns 5% interest. how much is in the account:
Phantasy [73]
4000*.05=200  so 200 is ur interest       4000+200=$4200
3 0
3 years ago
Other questions:
  • The ________ of focus group participants should be judged against the target market profile to assess to what degree the groups
    6·2 answers
  • At one school, the average amount of time tenth-graders spend watching television each week is 21.6 hours. the principal introdu
    12·1 answer
  • A decline in total real output for two or more consecutive quarters is referred to as
    13·1 answer
  • 1. The protocol that a business sticks to on a day-to-day basis is called _____.
    14·2 answers
  • A human services worker has begun a plan of action for a juvenile offender. She discovers he has skipped a couple of counseling
    9·1 answer
  • You are trying to decide which of two automobiles to buy. The first is American-made, costs $3.0500 x 104, and travels 28.0 mile
    9·1 answer
  • Pleaseeee help me
    9·1 answer
  • Roger's Meat Market is a chain of retail stores that limits its sales to fresh-cut meats. The stores have been very profitable i
    6·1 answer
  • Martha used a SWOT analysis to assess her own internal business plan. Her store would cater to students who could also use the l
    8·1 answer
  • A new company has started to become very competitive in your geographic areas. The first step they took was to slash prices. The
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!