Discussion 2 Week 5 Market Research Assignment Example | Topics and Well Written Essays - 500 words

give-and-take 2 Week 5 Market Research - Assignment ExampleFor instance, a government agency, CDC excogitations to buy a medical equipment which would address health needs of a population at risk in a certain state. As such, it is in the most appropriate capacity, in terms of knowledge, resources, and skills to discern the crush research methodology to use in justifying that purchasing the equipment would benefit the identified population and achieve health standards and goals of the federal government.2. Analyze the importance and explain the value of a market research plan in the eruditeness and distribution of supplies and services. Support your position with examples. Explain which aspect of the market research plan is plausibly to be the most valuable for those seeking to acquire a company.A market research plan enables the government agency to identify in a more in-depth presentation and structure, their needs in the acquisition and distribution of supplies and services as well as the manner within which these identified needs ar to be satisfied through the results generated from the research. As emphasized, agencies use the results of market research to determine if sources are in stock(predicate) to meet their needs, especially any sources providing commercial or nondevelopmental items (OConnor, 2007, p. 174). The market research plan is revealed to have no prescribed format but should contain, at least, the following aspectsexplanation of the acquisitions background and nominate description of the agencys minimum needs, in terms of function and performance desired plan of delivery sway of small business and other sources who were contacted, including the methodology used for compiling and refining the list of potential vendors discussion of customary commercial practices identification of price ranges discovered and a description of available commercial or nondevelopmental items (U.S. Small