WAEC Commerce 2023 Objective — Question 34
Question 34 of 50 from the West African Examinations Council (WAEC) Commerce 2023 Objective paper, with the correct answer and a full explanation.
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The means by which a firm obtains information before introducing new products is A. advertising.
- A. advertising
- B. market researchCorrect
- C. market segmentation
- D. promotion
Explanation
Market research is all efforts aimed at gathering the information about a market before introducing a product.
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