Purpose of research

Categories >> Business Management >> Marketing Sales
Suggest New Category

Purpose of research

Question Posted / shahid

5 Answers
11183 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

Purpose of research..

Answer / gurumoorthy

The purpoe of market research is...
• Determine the profitability of the market
• Determine what customers want and need in the market
• Determine if there are already products available
that are popular in the market
• Determine profit potential in the market

Is This Answer Correct ?

6 Yes

1 No

Purpose of research..

Answer / nathani javed

the purpose of research is to know about something which is
available but we r not aware of it.

Is This Answer Correct ?

2 Yes

0 No

Purpose of research..

Answer / gobinda ballav mohanty

My main purpose of research is to know about quality of
product,and also to know about, what are the competitors of
our product and how to improved it.It's my main motto.

Is This Answer Correct ?

4 Yes

3 No

Purpose of research..

Answer / karthi

the question is very interesting one, because the everyone
need soul of life, that like without research the product
is fail the market, because the research help to marketer
in the way of know about the consumer likes and dislikes
for the product. if your company wants to incresae the
sales and profit, the company the first step take the
research from the customer of the product.

Is This Answer Correct ?

3 Yes

2 No

Purpose of research..

Answer / rajiv dviwedi

Research is done to know the future position of the product
and who would be our potential customer what would be the
price and how much to produce.To reduce wastage and loss.

Is This Answer Correct ?

1 Yes

1 No

Post New Answer

More Marketing Sales Interview Questions

How will you justify your Cost to Company?

3 Answers ABC, T3 Softwares, Times Of India,

What will happen if doller value increase in terms of rp...?

0 Answers Alexa, IIPM, Vimta Labs,

What is an "integrative growth strategy"?

3 Answers

Describe a typical day for you.

0 Answers Quest,

who to increase the sale promotion?

0 Answers Marketing Sales, TATA,

What is your objective

14 Answers Banking, Idbi Bank, IT Industry, Lupin, Reliance,

why you choose farmaciticals

2 Answers Cipla,

I M an MBA in Finance. I want to switch over in marketing field.What would be the probable answer during interview if asked by the interviewer that my specialization is in Finance.

1 Answers ICICI,

Why you would like to change the current job?

4 Answers VIN,

Who are stake holders?

1 Answers

What is the product?

0 Answers

what is negative marketing ? what are its positive and negative impacts in market ?

0 Answers Augsburg University, TCL,

For more Marketing Sales Interview Questions Click Here