Multiple Choice
Which of the following is NOT one of the steps in the process for gathering market data?
A) Assess your information needs.
B) Research secondary sources first.
C) Forecast demand for the product or service.
D) Measure the target market with primary research.
E) Determine the market's strengths, weaknesses, opportunities, and threats.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: List and briefly describe the hierarchy of
Q41: Emerging, growth, differentiation, shakeout, maturity, and decline
Q42: To access the timeliest information, it is
Q43: Google, Wikipedia.com, journals, and trade magazines are
Q44: Briefly discuss how an entrepreneur would collect
Q46: Which of the following is NOT part
Q47: The stages of the industry life cycle
Q48: For every industry, the life-cycle stages occur
Q49: In the context of costs involved in
Q50: Understanding how an industry operates is fundamental