Answered

### Directions

Read the instructions for this self-checked activity. Type in your response to each question, and check your answers. At the end of the activity, write a brief evaluation of your work.

### Activity

You have seen the different benefits of market research. It is time to utilize this understanding within your school or community. Conduct market research within your school or community using a short questionnaire (at least five questions, excluding basic identification questions). Interview at least ten people (pick a particular demographic such as an age group or any particular social or economic group). Ask only close-ended questions (Yes or No responses). Analyze the results of your questionnaire and present your suggestion regarding a business opportunity based on the answers.



Answer :

GinnyAnswer

Final answer:

Market research through surveys with closed-ended questions helps in identifying business opportunities based on consumer responses.


Explanation:

Market research plays a crucial role in understanding consumer behavior and identifying business opportunities. By conducting a survey with closed-ended questions to a specific demographic group, you can gather data efficiently. Analyzing the results allows you to make informed decisions about potential business ventures based on consumer feedback.


Learn more about Market Research and Business Opportunities here:

https://brainly.com/question/39090322


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