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What is the primary purpose of conducting market research before investing in a business idea?a)To come up with a unique business idea.b)To analyze the feasibility of the business idea.c)To identify competitors and potential stakeholders.d)To determine the financial projections of the business.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary purpose of conducting market research before investing in a business idea?a)To come up with a unique business idea.b)To analyze the feasibility of the business idea.c)To identify competitors and potential stakeholders.d)To determine the financial projections of the business.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of conducting market research before investing in a business idea?a)To come up with a unique business idea.b)To analyze the feasibility of the business idea.c)To identify competitors and potential stakeholders.d)To determine the financial projections of the business.Correct answer is option 'B'. Can you explain this answer?.

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