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Discuss the Basic Processes Managers Must Go Through in Determining

question 80

Essay

Discuss the basic processes managers must go through in determining the need to conduct marketing research.Also,how do managers justify or not justify the value of performing marketing research?


Definitions:

Usurious Interest

Exorbitantly high interest rates, often exceeding legal or ethically acceptable limits.

Unconscionable

Refers to actions or terms that are excessively unjust or unreasonable, often to a degree that they violate fairness or ethics.

Supply

The sum of a product or service that can be bought at a specific price.

Land

The surface of the earth and its natural resources, considered a fundamental factor of production in economics.

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