Question
Division Inc. is a company manufacturing smart mobile phones priced around Rs. 25000 has commissioned a Market Research organization [MRO] for finding out the motivations
Division Inc. is a company manufacturing smart mobile phones priced around Rs. 25000 has commissioned a Market Research organization [MRO] for finding out the motivations and preferences of youth of Bangalore between ages 20 to 25 years. You are the head of this MRO.
A. Please prepare 'Terms of Reference', which clearly sets out the objectives of the task, for approval of the client company.
B. Prepare a 'Market Research Plan' for this task for approval of the CEO of the MRO.
C. What type of questionnaire will be used and why?
D. Based on your ideas and knowledge of this product, what could be possible outcome of this research?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
The detailed answer for the above question is provided below Answer A Terms of Reference Division Inc Market Research Project Objective The primary objective of this market research project is to gain ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Global Marketing management
Authors: Masaaki Kotabe, Kristiaan Helsen
5th edition
470505745, 978-0470505748
Students also viewed these Marketing questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App