Problem location and definition is the first step toward finding a solution to a marketing problem or launching a research study. The first sign of a problem

Problem location and definition is the first step toward finding a solution to a marketing problem or launching a research study. The first sign of a problem



a) involves an informed guess or assumption about a certain set of circumstances.

b) is usually accompanied by a cost/benefit analysis.

c) most often comes in the form of customer complaints.

d) is often mentioned in secondary data reports, such as trade journals.

e) is typically a departure from some normal function, such as a failure to attain objectives.



Answer: e) is typically a departure from some normal function, such as a failure to attain objectives.


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