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Card 1 of 25

Why is market research more reliable than guessing what customers want?

A

It replaces customer evidence with the business's existing sales figures alone.

B

It replaces competitor information with the owner's prediction of future sales.

C

It replaces one person's opinion with evidence from real buyers' actions and views.

D

It replaces all customer opinions with the owner's personal experience and views.

Card 1 of 25

1.2.2a The purpose of market research Flashcards

  1. GCSE
  2. /Business
  3. /1.2.2a The purpose of market research

25 flashcards on Edexcel GCSE Business 1.2.2a The purpose of market research: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.

Flashcards