Asked by Kolby Finnie on Jun 26, 2024

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One of the benefits of marketing research that it reduces the uncertainty under which managers make decisions.

Marketing Research

The process of gathering, analyzing, and interpreting information about a market, including products, customers, and competitors, to inform business decisions.

Uncertainty

The lack of certainty or predictability in situations, often leading to ambiguity and requiring risk management.

  • Recognize the role of marketing research in reducing managerial decision-making uncertainty.
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JW
Jasmine WestjohnJul 02, 2024
Final Answer :
True
Explanation :
Marketing research provides managers with valuable information that helps them make informed decisions, therefore reducing uncertainty.