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THE IMPACT OF MARKETING RESEARCH ON DECISION MAKING

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

This study examines the impact of marketing research on decision making. Specifically, the study examines whether the Nigerian Bottling Company make effective decision by employing marketing research, examines whether marketing research help the Nigerian Bottling Company in serving the customers better, examines whether the adoption of marketing research promote competitive advantage for Nigeria Bottling Company. The study employed the survey descriptive research design. A total of 30 responses were validated from the survey. The study adopted the balanced scorecard theory. From the responses obtained and analysed, the findings revealed that the Nigerian Bottling Company make effective decision by employing marketing research. Furthermore, marketing research help the Nigerian Bottling Company in serving the customers better. The study organizations  must  scan and research on their environment  before  making decisions  and  bench  marking  their  competitors  in  order  to  act  in response to any threats and opportunities. More so, organization  must  commit  adequate  resources  into strategic  marketing  research.  These  resources  must  include materials;  human  input  and  technology  to  enable  them  strive  for competitiveness and play a leading role in the industry.




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