Entrepreneurs can find the right match based on trends, their products or services, and the appropriate target markets through ________.
A)expecting "more of the same" for the future
B)looking back and not forward
C)following their intuition
D)market research

Question

Quizplus · Accepted Answer

Market research is the most effective way for entrepreneurs to find the right match based on trends, products or services, and the appropriate target markets. It involves gathering and analyzing data related to customer needs, behaviors, preferences, and competitors, which can help entrepreneurs make informed decisions about their business strategies and offerings. Expecting "more of the same" for the future, looking back and not forward, or following intuition alone may not provide reliable insights or accurate predictions about market demand and competition.

Entrepreneurs Can Find the Right Match Based on Trends, Their