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Market Research
Market Research
The financial success of a company will be possible just when it can use the opportunities available in the market. Use the opportunities at the right time and situation. According to capabilities of the organization and knowing strength and size of competitors.
Market research in a business plan
Market research in a business plan, involving a deep understanding of market threats and opportunities to set appropriate goals. This understanding requires careful survey and research include analysis of past production and consumption trend , sales and profit plan , forecast production capacity, export and import volume, domestic demand for the product and demand forecast for coming years along with market strategies.
