Business Studies (9-1) - 0986 CIE

The Role Of Market Research And Methods Used:

Muhtasari

How does a business know what to make, what price to charge or whether a new idea will sell? It finds out through market research, gathering information about customers, competitors and the market. Good research turns guesswork into informed decisions.

This lesson explains primary and secondary research, the methods of each, why sampling is needed and what makes research accurate. By the end you will be able to choose the right research method for a situation and judge how reliable the results are.

Malengo

  1. Market-orientated businesses (uses of market research information to a business)
  2. Primary research and secondary research (benefits and limitations of each)
  3. Methods of primary research, e.g. postal questionnaire, online survey, interviews, focus groups
  4. The need for sampling
  5. Methods of secondary research, e.g. online, accessing government sources, paying for commercial market research reports
  6. Factors influencing the accuracy of market research data

Maelezo ya Somo

Decisions based on good research are far less risky. A firm that researches before launching avoids spending on products people do not want. Examiners test whether you can pick the right method and explain its benefits, limitations and accuracy.

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Tathmini ya Somo

Hongera kwa kukamilisha somo la The Role Of Market Research And Methods Used:. Sasa kwa kuwa umechunguza dhana na mawazo muhimu, ni wakati wa kuweka ujuzi wako kwa mtihani. Sehemu hii inatoa mazoezi mbalimbali maswali yaliyoundwa ili kuimarisha uelewaji wako na kukusaidia kupima ufahamu wako wa nyenzo.

Utakutana na mchanganyiko wa aina mbalimbali za maswali, ikiwemo maswali ya kuchagua jibu sahihi, maswali ya majibu mafupi, na maswali ya insha. Kila swali limebuniwa kwa umakini ili kupima vipengele tofauti vya maarifa yako na ujuzi wa kufikiri kwa makini.

Tumia sehemu hii ya tathmini kama fursa ya kuimarisha uelewa wako wa mada na kubaini maeneo yoyote ambapo unaweza kuhitaji kusoma zaidi. Usikatishwe tamaa na changamoto zozote utakazokutana nazo; badala yake, zitazame kama fursa za kukua na kuboresha.

  1. Which is an example of primary research? A. reading government statistics B. running a focus group C. buying a market report D. using past sales records Answer: B
  2. Secondary research is: A. always more accurate than primary B. information that already exists, collected by someone else C. gathered directly from customers D. never available to competitors Answer: B
  3. A sample is used because: A. it is impossible to ask every customer B. it is always 100% accurate C. it costs more than a census D. it removes all bias Answer: A
  4. Which would most likely make research results inaccurate? A. a large, fair sample B. a very small, biased sample C. clear questions D. honest answers Answer: B
  5. A benefit of secondary research is that it is: A. always up to date B. cheaper and quicker than primary research C. unavailable to rivals D. specific to the firm only Answer: B

Inapatikana kwenye programu ya Green Bridge

Pakua programu ya Green Bridge CBT kwenye simu yako au kompyuta yako ili kupata maelezo kamili ya masomo, maswali ya mazoezi, na mengi zaidi.

Maelezo kamili ya masomo yenye michoro
Msaidizi wa kujifunza wa AI
Soma bila mtandao, wakati wowote, mahali popote
Inapatikana kwa Android, Windows, macOS, na Linux

Inapatikana kwenye programu ya Green Bridge

Pakua programu ya Green Bridge CBT kwenye simu yako au kompyuta yako ili kupata maelezo kamili ya masomo, maswali ya mazoezi, na mengi zaidi.

Maelezo kamili ya masomo yenye michoro
Msaidizi wa kujifunza wa AI
Soma bila mtandao, wakati wowote, mahali popote
Inapatikana kwa Android, Windows, macOS, na Linux

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