When is market research used most frequently?
A) When a new or altered product is being considered
B) When a product is out of stock
C) When the promotional campaign is first under way
D) When the product is fully stocked in each of the distribution centres
E) When determining the reason for a product's failure

Question

Quizplus · Accepted Answer

Market research is most frequently used when a new or altered product is being considered to gather insights on customer preferences, needs, and behaviors. This can help inform product development and marketing strategies.

When Is Market Research Used Most Frequently