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Market Research - True/False

Authored by Marc Hoy

Business

9th - 11th Grade

Used 16+ times

Market Research - True/False
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Market research is useful for helping a business to make decisions

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When developing new products, research can help identify what customers want

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By carrying out market research a business is guaranteed to be successful

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Market research is only carried out to reassure a lender that their money is safe

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Carrying out research increases the risk of developing products that nobody will buy

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Market research can help to promote a business

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Avoiding the use of market research helps a business identify what customers want

True

False

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