The marketing research process begins when a managerial problem or opportunity exists that demands action, but there is not enough information to know how to respond to the problem. This sets into motion a series of tasks that ultimately leads to:

The marketing research process begins when a managerial problem or opportunity exists that demands action, but there is not enough information to know how to respond to the problem. This sets into motion a series of tasks that ultimately leads to:


a. Acknowledging the need for research.
b. Setting the research budget.
c. Establishing research objectives.
d. Determining the research plan.


Answer: c. Establishing research objectives.


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Marketing Chapter 3

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