Research is highly important in the modern business environment because the market and its consumers are constantly evolving and changing. Therefore, a manager needs to be aware of such alterations to properly manage a business and its operations. Research can be used for a wide range of purposes, such as learning about customers and new markets. For example, a physical retail store might need to research current consumer behavior shifts to decide to increase its online presence.
What is the value of research to a manager or business leader? Explain why it is used and give an example scenario of a business situation that would benefit from research.
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References
Academic.Tips. (2022) 'What is the value of research to a manager or business leader? Explain why it is used and give an example scenario of a business situation that would benefit from research'. 5 December.
Reference
Academic.Tips. (2022, December 5). What is the value of research to a manager or business leader? Explain why it is used and give an example scenario of a business situation that would benefit from research. https://academic.tips/question/what-is-the-value-of-research-to-a-manager-or-business-leader-explain-why-it-is-used-and-give-an-example-scenario-of-a-business-situation-that-would-benefit-from-research/
References
Academic.Tips. 2022. "What is the value of research to a manager or business leader? Explain why it is used and give an example scenario of a business situation that would benefit from research." December 5, 2022. https://academic.tips/question/what-is-the-value-of-research-to-a-manager-or-business-leader-explain-why-it-is-used-and-give-an-example-scenario-of-a-business-situation-that-would-benefit-from-research/.
1. Academic.Tips. "What is the value of research to a manager or business leader? Explain why it is used and give an example scenario of a business situation that would benefit from research." December 5, 2022. https://academic.tips/question/what-is-the-value-of-research-to-a-manager-or-business-leader-explain-why-it-is-used-and-give-an-example-scenario-of-a-business-situation-that-would-benefit-from-research/.
Bibliography
Academic.Tips. "What is the value of research to a manager or business leader? Explain why it is used and give an example scenario of a business situation that would benefit from research." December 5, 2022. https://academic.tips/question/what-is-the-value-of-research-to-a-manager-or-business-leader-explain-why-it-is-used-and-give-an-example-scenario-of-a-business-situation-that-would-benefit-from-research/.
Work Cited
"What is the value of research to a manager or business leader? Explain why it is used and give an example scenario of a business situation that would benefit from research." Academic.Tips, 5 Dec. 2022, academic.tips/question/what-is-the-value-of-research-to-a-manager-or-business-leader-explain-why-it-is-used-and-give-an-example-scenario-of-a-business-situation-that-would-benefit-from-research/.