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Investigating business
Research & Marketing 1
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About research The process? The result? Data Risk Information
Decision-making Information
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About marketing £££ Product A Product B Product C
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About the 4’ps Promotion Price Place Product
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About the product life cycle
Maturity Saturation Growth Decline Launch Development
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About market research Customers Competitors Market trends
Collecting the data Processing the data Information Using the information Decision-making
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More about market research
Field research (primary data): e.g. observation, questionnaires, surveys, experiments Desk research (secondary data): e.g. Internet, customer records, media, Government reports
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Unit 1: Investigating Business
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