Explain briefly what would happen if marketing research is not conducted before a product is developed and produced for sale.

Answers

Answer 1

Answer:

Neglecting to do market research can result in indecision and inaction, fear of risk or the truth, and/or too many options, which can lead to paralysis. When launching a new product, effective market research will help you narrow down your true market potential and your most likely customers.

Explanation:

Related Questions

A system administrator at Universal Containers created a new account record type. However, sales users are unable to select the new record type when creating new account records. What is a possible reason for this? (Choose 2)

Answers

Explanation:

We have these reasons below as the

The reason why sales users are not able to select the new record type while they are trying to create a new account:

1. The users profile does not contain the record type yet. That is, this record type has not been added to the profile of the sales user.

2. This record type is yet to be activated.

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