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Identify the Purpose of Each Type of Research and Give

question 17

Essay

Identify the purpose of each type of research and give reasons for conducting each.Give an example of when a firm might want to use each type.


Definitions:

High-rise Jeans

A style of jeans that has a waistband sitting high on or above the natural waist, typically considered to provide a more flattering fit.

Marketplace

A marketplace is a physical or digital platform where buyers and sellers interact to exchange goods and services.

Early Adopter

An individual or business who uses or adopts new products, innovations, or technologies before the majority of people do.

Virtual Waiting Room

An online system that manages access to websites or services by queuing user requests during high traffic periods to prevent overload.

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