Multiple Choice
Berne Retail plans to introduce new private-label brands for beverages. The marketing team will undertake a survey to obtain feedback on these brands through a test marketing exercise. The data collected in this research study will be collated in terms of frequency of purchase and subjected to statistical analysis to determine the brands that have the potential to earn the most. The best-performing new brands will be then chosen for a full-scale rollout. This scenario is an example of _____.
A) psychographic research
B) demographic research
C) quantitative research
D) geodemographic research
Correct Answer:

Verified
Correct Answer:
Verified
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