Quiz: Market Research - Uses for Demand, Competition, and Target Market
AQA GCSE Business 8132
Ready to start this lesson?
Sign in to track your progress. 10 steps including 8 interactive questions.
Sign In to Start Learning
Students also studied
Browse allSteps in this lesson (10)
Building on what you've learned about segmentation and customer needs, let's test your understanding of how market research helps businesses understand demand, competition, and target markets!
What is the main purpose of market research?
Start the lesson to answer this multiple choice question
Which of the following are benefits of market research? (Select all that apply)
Start the lesson to answer this multi-select question
A {{blank0}} market is a group of customers a business chooses to focus on, based on their {{blank1}}.
Start the lesson to answer this fill in the blank question
Match the items on the left with their correct pairs on the right
Start the lesson to answer this matching question
A business predicts that 500 customers will buy their product at £10 each. What is the total expected revenue?
Start the lesson to answer this math equation question
Why might a business research its competitors?
Start the lesson to answer this multiple choice question
Which methods are commonly used in market research? (Select all that apply)
Start the lesson to answer this multi-select question
Match the items on the left with their correct pairs on the right
Businesses use market research to learn about their {{blank0}}, including their buying habits and {{blank1}}.
Start the lesson to answer this fill in the blank question
Want to Learn More?
Get personalised lessons, quizzes, and instant feedback from your AI tutor.
Explore More Topics