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Preferred term

market audit  

Definition

  • A market audit examines a company from a marketing perspective, just as a financial audit, tax audit, or IT audit examines a company from each of their own perspectives. However, while those audits focus principally on internal data, a market audit gathers a great deal of information from outside the company, in order to compare the company's performance and character to those of its competitors. [Source: Encyclopedia of Business in Today's World; Market Audit]

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https://concepts.sagepub.com/social-science/concept/market_audit

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