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Market Research: Research Methodology
Introduction
XYZ Inc wants to launch its top-selling product in the Brazilian market and the company needs to conduct a research before entering into the market. Brazil is a South American Country and is the fifth largest country in the world in terms of the geographical area. Among the most populous countries in the world, Brazil acquires fifth position and it is fourth among the most populous democracy in the world. Brazil has a diversified middle-income economy and it is one of the ten largest economies in the world. Its economy has wide variations in the manufacturing, agricultural and mining sectors and in the levels of development. Technology and service sectors also play a significant role in its economy and are growing rapidly (Infoplease, 2005).
Objective
The objective of the research is to design the research methodology to sell the top-selling product of the XYZ Inc. in Brazil. The different objectives, which the company wants to achieve with the help of the research, are various in numbers. Some of them are: • The company wants to study the market size, market potential and market growth. • The study of market profile and market characteristics is also one of the objectives of the research. • The analysis of market share and market segment. • The measurement and forecasting of the sale for the short run and long run. • The identification of complete business trends and seasonal trends (Ramaswamy & Namakumari, 2007).
Research methodology Researches in common parlance refers to a search for knowledge. One can also define research as a scientific and systematic search for pertinent information on a specific topic. In fact, research is an art of scientific investigation. It is actually a voyage of discovery. In the case of the research for the

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