Marketing research helps determine what customers have purchased in the past, what situational changes have occurred to change consumer preferences, and what consumers are likely to want in the future.

It is true that, market research assists in identifying past consumer purchases, recent scenario shifts that may have affected consumer preferences, and likely future consumer preferences.

It generates, refines and evaluates advertising actions. It video display units advertising overall performance and improves expertise of advertising as a disciplined method. Marketing studies is frequently used to investigate clients and capability clients in brilliant detail. Marketing studies is the method of designing, gathering, reading, and reporting facts that can be used to clear up a selected advertising problem.

Marketing studies. The systematic gathering, recording, and reading of records approximately troubles referring to the advertising of products and services. The firm's formal verbal exchange hyperlink with the environment. Market studies offers essential facts approximately your marketplace and your enterprise landscape. It can let you know how your organization is perceived through the goal clients and customers you need to reach.

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Correct Question:

State true or false: Marketing research helps determine what customers have purchased in the past, what situational changes have occurred to change consumer preferences, and what consumers are likely to want in the future.