What is market research?
What is market research?
Market research is the gathering and analysing of information about customers, competitors and the wider market. It helps a business base decisions on evidence from real buyers rather than on one person's assumptions.
Step-by-step lessons on Edexcel GCSE Business 1.2.2a The purpose of market research. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.