How to do a market research and ensure effective business control

• First exploratory research to determine what competitors are doing (secondary research).- Second descriptive research (survey) to measure targets customer’s attitudes, expectations: Determine target population, Sampling strategy, incentive and recruiting plan.2. Collect your data- the answer, choices, and observations are all being collected and recorded on a spreadsheet form.3. Design and prepare your "RESEARCH INSTRUMENT"design your Research tool.- for survey: writing your question and designing your questionnaire- for Focus Group: Preparing issues and materials for the moderator4. ANALYZE YOUR DATAStructure your collected dat6a accurately in spreadsheet form for further analysis. create summaries: build tables, graph, segments your results by groups that make sense5. VISUALIZE YOUR DATA & COMMUNICATE RESULTSanswer the original business problem according to market researchMarket research is one of the initial steps taken by every organization before starting any project as it determines a broad spectrum of things. These are some straightforward tricks that will help a management student for life, but only be given in the top B schools of India. Be a part of the best MBA college in Meerut and enroll for your favorite course.

For effective Business control you need to;Being an entrepreneur is the best way to make your own path. You don’t have to depend on anybody for your salary and increment. You will be your own boss and delegate responsibilities. You can also be a role model and take your business to new heights if you take effective control on your business. Here are some steps by the experts of top MBA college which you can have a smooth control on your business-

1. Educating yourself

1. Train your employees

1. Provide Internship

1. Rely on your own funds