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Business Research Methods
Essay specific features
Written by:
Michelle T
Date added:
January 22, 2015
Level:
University
Grade:
A
No of pages / words:
8 / 2122
Was viewed:
4589 times
Rating of current essay:
Essay content:
These aim at the creation or improvement of new products to meet certain needs and objectives of the investor. All such decisions necessarily entail some risk due to their future orientation. The risk may arise from miscalculate resources, from cost- and time- overruns, setting up of non-viable units, or building up excessive capacities...
displayed 300 characters
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Specifically, the scope of MR includes customers, products, distribution, advertising, competitive information and macro-level phenomenon.
i) Marketing is concerned with identifying and fulfilling customer needs and wants. Thus, MR should precede marketing. The unfulfilled wants should first be identified and translated into technically and economically feasible product ideas, which then should be marketed to the customers...
displayed 300 characters
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