Briefly explain why marketers need marketing research in addition to competitive marketing intelligence

What will be an ideal response?


In addition to marketing intelligence information about general consumer, competitor, and marketplace happenings, marketers often need formal studies that provide customer and market insights for specific marketing situations and decisions. Marketing research gives marketers insights into customer motivations, purchase behavior, and satisfaction.

Business

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According to the Germanic culture cluster, the most desirable leadership behavior is ______.

A. charismatic/value-based leadership B. participative leadership C. self-protective leadership D. autonomous leadership

Business

In a landlord-tenant relationship, the tenant receives a nonfreehold estate in real property

Indicate whether the statement is true or false

Business

If a tax has a progressive rate structure, a taxpayer's average rate is greater than her marginal rate.

Answer the following statement true (T) or false (F)

Business

When an owner invests assets in a business, the capital account is debited.

Answer the following statement true (T) or false (F)

Business