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3. What is Business Research
Business research is a systematic and well-planned approach of business
management and one of the preliminary phases of any business
establishment. Successful business research helps organizations find out
the potentials and Challenges in the market and grab every possible
opportunity for overall growth.
For example, a company deals with electronic goods before launching a
new product to explore the market to access its sentiment and needs. It
gathers all the necessary information and makes the wise decision to launch
its product at the right price and right time to acquire a larger customer
base. The process of exploring the market and the conclusion is the exact
illustration of comprehensive business research.

4. Types of Business Research methods
Most businesses conduct various types of business researches to
implement innovative decisions or simply for upgrading their
business ideas for better growth and success. such as:
Survey Method
Observational Method
Experimental Method
Time-Series Analysis
Correlation & Regression
Factor Analysis

5. Market Analysis
Demand Analysis
Product Analysis
Distribution Analysis
Competitor Analysis
Financial Analysis
Important Aspects of Business
Research
While conducting business research, you need to focus on the aspects
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