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What is Market Research?
While composing an income statement, an essential thing one has to keep in mind is that this report mentions the right period where there is a cash flow statement. This often joins the balance sheet. Market research is conducted to scrutinize the demands of the users in the market and to discover what are the products that a user needs and what are the products that a customer has a liking or a disliking towards. Therefore, market research is a tool to find out the likes and preferences of a consumer in the market.
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