Topic 1.1 revison

Business

Market: A Regular gathering of people for the purches sale of provisions, livestock, and other commodities.
Customer Needs: Problems that customers intend to solve with the purchase of a good or service. Also custamer expectations and customer requirements.
Market research: Market research that gathers and analyze information about the moving of good or service from producer to consumer.

Primary Research: Primary data is where you collect data/ information by yourself.

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