An entrepreneur is thinking of opening a restaurant in their local area - OCR - GCSE Business - Question 3 - 2022 - Paper 1
Question 3
An entrepreneur is thinking of opening a restaurant in their local area.
What is an example of qualitative market research data they could use?
A The number of adu... show full transcript
Worked Solution & Example Answer:An entrepreneur is thinking of opening a restaurant in their local area - OCR - GCSE Business - Question 3 - 2022 - Paper 1
Step 1
C The preferences of local residents when eating out
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Answer
Qualitative market research focuses on understanding the motivations, preferences, and experiences of individuals. This type of data is descriptive and often collected through interviews, focus groups, or open-ended survey questions. In this case, option C stands out as it seeks to understand the specific preferences of local residents regarding their dining choices, which aligns with qualitative research aims.