For this assignment, you will explain the market research process and consider how it works at the global level. Thoroughly discuss the topics below.
Topic Requirements:
List and briefly explain the eight basic steps of the market research process.
Imagine that you are at Step 6 (Research Design) of the market research process in a foreign market. Provide an example of a problem you might encounter at this step, due to differences between that foreign country and the domestic market in the United States.
Content Requirements:
Your response to Question 1 should include eight short paragraphs sentences that describe each step of the market research process. Your response to Question 2 should be a minimum of one paragraph.