Palmer Inc. recently changed its promotional strategies for marketing the products. The marketing team at Palmer has been asked to evaluate the target market and the marketing mix elements to find ways to improve the effectiveness of the marketing strategies. Since the firm already knows the purpose of its research, the next step in the marketing research process is to:
A) create research design.
B) collect data.
C) formulate a hypothesis.
D) conduct exploratory research.
Correct Answer:
Verified
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