CHAPTER ONE

INTRODUCTION

“Goal achievement” is the watch word of ever, business organization tries to design and implementation marketing research information system main economics resources whatever maybe its views and philosophies and which ever route these goals are to be achieved. Given a set of resources organization try to maximize profitability.

The philosophy applies to all spheres of the economy, particularly marketing organizations. In order to achieve laid down goals, modern techniques in business demand that planned and defined system, and tools be formulated and adopted to meet the requirement organizations required. One of such fundamental tools is marketing research, marketing research can be defined as a formal, systematic collection recording, analysing and reporting of data aimed at solving a given problem or identifying an opportunity.

Marketing research also concerns itself with co – ordinating responsibilities, comparing actual sales volume with the forecasted sales volume and asking upon result to achieve maximum profit. The universal application of marketing research data by various marketing organization and their fields of human endeavour cannot be over emphases. N.B.C is not therefore an exception in this direction.

 In Nigeria context, we operate severs market economy which is a situation where whatever severs of different products brought in the market must be sold.

1. 1. This material content is developed to serve as a GUIDE for students to conduct academic research work
2. 2. As a source for additional understanding of the subject.
3. 3. As a source for ideas for your own research work (if properly referenced).
4. 4. For PROPER paraphrasing (see your university definition of plagiarism and acceptable paraphrase)
5. 5. Direct citing (if referenced properly)
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