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This paper reviews how a market research plan is intended to analyze the current market, locate trends, determine what the competition is doing and find out what the public wants. In relation to the organization scenario, the market research plan focuses on the key factors of the purpose, situation analysis, strategy and objectives and markets. The paper further discusses how these elements serve to provide a focus on the current situation in the industry, the competition that exists and the public relations plan that will be required to ensure that the company's objectives will be successful.
Cite this Business Plan:
Market Research Plan and Public Relations Analysis (2006, December 01) Retrieved October 20, 2020, from https://www.academon.com/business-plan/market-research-plan-and-public-relations-analysis-89284/
"Market Research Plan and Public Relations Analysis" 01 December 2006. Web. 20 October. 2020. <https://www.academon.com/business-plan/market-research-plan-and-public-relations-analysis-89284/>