When Is Marketing Research Needed

question 9

Multiple Choice

When is marketing research needed?

• A) When information is already available
• B) When products are at the end of the product life cycle
• C) When funds are available
• D) When the costs outweigh the benefits
• E) When the benefits outweigh the costs

---

Definitions:

Party Systems

The system of political parties operating within a country, defined by their number, organization, and competition dynamics.

Major Political Parties

The dominant political parties in a political system that have the greatest influence over policy and politics, typically holding the majority of positions in government.

Democracy

A form of government in which power is vested in the hands of the people, who may exercise it directly or through representatives elected by them.

Voters' Decisions

Choices made by eligible individuals during an election to select representatives or on specific referendums.