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.

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.

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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'. 8 October.

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Academic.Tips. (2022, October 8). 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/

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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." October 8, 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." October 8, 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/.


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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." October 8, 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/.

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"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, 8 Oct. 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/.

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