market research

Discussions about educational uses of Capitalism II
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businessteacher
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Joined: Mon Jul 12, 2010 12:19 pm

market research

Post by businessteacher »

this is kind of taken directly from the AS content;
Conducting Start-up Market Research
primary and secoundary market research: perhaps students could for this unit be able to either

1. buy market data from some source which tells them in the city they are in what people are after, how muhc they typically spend on items. what products are currently in the markets, the market size and growth of certain products etc (some of this is already in the game to some extent but could do with being made alot tighter and detailed)

2. conduct their own market research- by clicking on the different houses they could find out what different peoples views are and then by doing this data they can see what products or business they should look into.

my idea was kind of the computer either sells you what im talking about in point 2 for some fixed amount of money or you have to either research it all your self etc which will cost you time to carry it all out.

this is a common topic in lots of business courses and would be something that would be very much in demand for.
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