Asked by Ashton Colby on Sep 28, 2024
________ is the process of collecting,analyzing,and interpreting data about customers,competitors,and the business environment to improve marketing effectiveness.
A) Marketing management
B) Marketing research
C) Strategic management
D) Internal marketing
Marketing Effectiveness
Measures how well a company's marketing strategies achieve their intended goals and outcomes, often in terms of increasing sales, market share, or customer engagement.
Marketing Research
The systematic gathering, recording, and analyzing of data about issues relating to marketing products and services.
Business Environment
Describes the combination of external and internal factors that influence a company's operating situation, including economic, legal, political, and social conditions.
- Gain insight into the sequential stages that constitute the marketing research process.
Learning Objectives
- Gain insight into the sequential stages that constitute the marketing research process.
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