Give detailed answers to the following questions: Describe the market research—type and purpose—that

Give detailed answers to the following questions: Describe the market research—type and purpose—that youconducted, or will conduct, prior to your business start-up. Why issuch research necessary and why is it necessary to continue,through the business operation, to conduct appropriateresearch? Explain how and why business plans need to be regularlyreviewed. How do you, or how do you think you will, conduct reviewsin your organisation? Describe the processes and stepsinvolved. How can such reviews be utilised to take advantage of newbusiness opportunities? Through what procedures is it possible to identify newmarkets? In what ways might plans and goals need to be adjusted as aresult of market research? (1,000–2,000 words) Attached

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