Which of the following are situations when marketing research might not be needed? a. there is insufficient time frame to conduct the research

b. when the cost outweigh the benefit

c. when there is significant constraints of money, manpower, and/or facilities

d. all of the above

Question

Business

Janelle Yoder

17 June, 17:47

Which of the following are situations when marketing research might not be needed? a. there is insufficient time frame to conduct the research

b. when the cost outweigh the benefit

c. when there is significant constraints of money, manpower, and/or facilities

d. all of the above

+1

Answers (1)

Know the Answer?

Cheyanne Miranda · Answer 1

The correct answer is letter "D": all of the above.

Explanation:

Marketing Research is the study companies make to have a better understanding of the market and consumers they are providing their products to and how advertising influences them. In front of time shortage (discovery of a product could take long), insufficient resources (insufficient capital and labor) or irrational marginal costs (benefits lower than costs), entities should refrain from conducting the marketing research because it will add more liabilities to the organization than profits.

Which of the following are situations when marketing research might not be needed? a. there is insufficient time frame to conduct the researchb. when the cost outweigh the benefitc. when there is significant constraints of money, manpower, and/or facilitiesd. all of the above

Which of the following are situations when marketing research might not be needed? a. there is insufficient time frame to conduct the research

b. when the cost outweigh the benefit

c. when there is significant constraints of money, manpower, and/or facilities

d. all of the above