when you gather primary or secondary data, what part of the market information management process are you…

when you gather primary or secondary data, what part of the market information management process are you participating in? a. market positioning b. market research c. data analysis d. data mining please select the best answer from the choices provided

when you gather primary or secondary data, what part of the market information management process are you participating in? a. market positioning b. market research c. data analysis d. data mining please select the best answer from the choices provided

Answer

Brief Explanations:

Market research involves gathering primary (original - collected) or secondary (already - existing) data to understand market conditions, customer needs, etc. Market positioning is about establishing a product's position in the market. Data analysis is the process of examining data, and data mining is about discovering patterns in large datasets. Gathering data is part of market research.

Answer:

B. Market research