The systematic analysis of a problem with the aim of improving decision making on sales is marketing_________

Assessment: WAEC SSCE - Marketing - 2019 (Objective) Subject: Marketing

Question 1 Report

The systematic analysis of a problem with the aim of improving decision making on sales is marketing_________

Answer Details
The missing word in the sentence is "Research." Marketing research is a systematic process of gathering, analyzing, and interpreting information about a market, product or service to be offered in the market, and customers' behavior and preferences. In this case, the focus of the research is on sales and decision-making related to sales. Marketing research is an essential tool for improving decision making related to sales because it provides important insights into the market, the competition, and customer behavior. By conducting research, a company can gain a better understanding of its customers' needs and preferences, identify areas where it can improve its products or services, and make informed decisions about pricing, promotion, and distribution strategies. Marketing research can be conducted using a variety of methods, including surveys, focus groups, interviews, and observation. The results of the research can then be used to develop marketing strategies that are tailored to the needs of the target market, resulting in more effective sales and improved business performance. Therefore, marketing research plays a vital role in improving decision making related to sales in marketing.

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