Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
Explain exploratory research?
Expert Solution
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Step 1
Research is a process that needs to be improved and completed over time. However, although many researchers are working on innovative projects, most researchers are working on existing theories or formulations.
Step 2
Exploration research is the process of investigating a subject that has not been previously studied or comprehensively explored. This is usually done to understand the current problem better but often fails to lead to a definitive result. Researchers use this research to try to identify an existing event and to obtain new statistics about it. It starts with a common goal and uses research results to find affairs related to the research topic.
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