1. Market Research and its use in a marketing plan. This means sourcing an example that demonstrates the use of market/marketing research to determine marketing objectives, strategies or tactics. 

2. Who are the competition for your favorite product? This means sourcing an example that demonstrates the impact competition (an external factor) has on your favorite product and thus influences marketing objectives and strategies.

3. PESTL and how this affects the introduction of a new product or service?

Answer rating: 100% (QA)

Research is defined as the process of evaluating the feasibility of a new product or service through research conducted directly with potential consumers This method allows organizations or businesses ... View the full answer