Market survey for business Market survey is studying an existing market for knowing customer’s needs and wants. Main objective of market survey is finding an opportunity for a business to work on a particular product. Market survey gives detail information about any product. This information is in the form of descriptive manner and with statistical data. For easy understanding there is need of formatting this data in standard forms like; tabular form, graphical representation, etc. It gives clear market’s scenario. When products are to be manufactured first time, a market survey is very important for forecasting demands of customer. Forecasting is a technique in which prediction of demand is to be calculated by referring existing data. Market survey is helpful in development of existing product also. Any company’s development of product shows company’s efforts to enhance quality features of a product or service. Objectives of market survey: To study market To ...
Readersfame is giving you, business related basic and advanced information. How to start a business and grow business, market survey, business resources, business registration, etc. Business is a long term activity which includes serving quality product and satisfy customers. Business require sufficient time to run and we always engage with various business activities, therefore I will say business is "Busyness".