Author Question: The study of the marketplace that helps to determine the exact size and nature of the market is ... (Read 151 times)

abarnes

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The study of the marketplace that helps to determine the exact size and nature of the market is known as ____________ ____________.
 
  Fill in the blank(s) with correct word

Question 2

What is the purpose of shopping your competition?
 
  What will be an ideal response?



kishoreddi

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Answer to Question 1

Market research

Answer to Question 2

By shopping your competition you you will find out:
Their strengths and weakness.
What they are providing that the customer may expect.
Their weakness we can use to be assured we do not make the same mistakes,
Their strengths we will want to duplicate.



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