Discoverin g market potential is a key reason for conducting marketing research. Following the completion of the study, the organization must carefully assess its potential and choose which markets to penetrate. Once on the market, it must provide sales projections based on predicted demand". Discuss the statement.

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter5: Marketing Research And Information Systems
Section: Chapter Questions
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Discoverin g market potential is a key reason for conducting marketing research. Following the completion of the study, the organization must carefully assess its potential and choose which markets to penetrate. Once on the market, it must provide sales projections based on predicted demand". Discuss the statement.
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