MARKET INTELLIGENCE – A CONCEPTUAL APPROACH

Nowadays the biggest challenge for managers is obtaining business information that should support decision-making processes. The main task of decision makers is to understand the operating environment in order to compete effectively and as a result, to achieve success and development. Market intelli...

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Main Authors: Bogdan Gregor, Magdalena Kalińska-Kula
Format: Article
Language:English
Published: Wydawnictwo SGGW - Warsaw University of Life Sciences Press 2016-05-01
Series:Polityki Europejskie, Finanse i Marketing
Subjects:
Online Access:https://pefim.sggw.edu.pl/article/view/1216
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author Bogdan Gregor
Magdalena Kalińska-Kula
author_facet Bogdan Gregor
Magdalena Kalińska-Kula
author_sort Bogdan Gregor
collection DOAJ
description Nowadays the biggest challenge for managers is obtaining business information that should support decision-making processes. The main task of decision makers is to understand the operating environment in order to compete effectively and as a result, to achieve success and development. Market intelligence as a practical program collects information about the market and its players through constant monitoring of the environment and ongoing changes that are observed, as well as in a form of ad hoc projects. Nowadays market intelligence in many companies has reached a position that compares to other professional management support functions, such as risk management or public relations. The aim of the article was to provide an explanation of the essence of market intelligence as a concept that plays a crucial role in generating valuable knowledge about the market, building competitiveness of enterprises and achieving growth in a specific market. The authors present the results of introductory research on functioning of programs used for obtaining knowledge about the market in regional enterprises. The research was conducted in big and medium-sized enterprises in Lodz province by means of a personal interview and a measurement tool was a questionnaire.
format Article
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institution Kabale University
issn 2081-3430
2544-0640
language English
publishDate 2016-05-01
publisher Wydawnictwo SGGW - Warsaw University of Life Sciences Press
record_format Article
series Polityki Europejskie, Finanse i Marketing
spelling doaj-art-9c3e6293c02a4cf3a222ec7b60e3d7db2025-02-03T07:14:38ZengWydawnictwo SGGW - Warsaw University of Life Sciences PressPolityki Europejskie, Finanse i Marketing2081-34302544-06402016-05-0115(64)MARKET INTELLIGENCE – A CONCEPTUAL APPROACHBogdan Gregor0Magdalena Kalińska-Kula1University of LodzUniversity of LodzNowadays the biggest challenge for managers is obtaining business information that should support decision-making processes. The main task of decision makers is to understand the operating environment in order to compete effectively and as a result, to achieve success and development. Market intelligence as a practical program collects information about the market and its players through constant monitoring of the environment and ongoing changes that are observed, as well as in a form of ad hoc projects. Nowadays market intelligence in many companies has reached a position that compares to other professional management support functions, such as risk management or public relations. The aim of the article was to provide an explanation of the essence of market intelligence as a concept that plays a crucial role in generating valuable knowledge about the market, building competitiveness of enterprises and achieving growth in a specific market. The authors present the results of introductory research on functioning of programs used for obtaining knowledge about the market in regional enterprises. The research was conducted in big and medium-sized enterprises in Lodz province by means of a personal interview and a measurement tool was a questionnaire.https://pefim.sggw.edu.pl/article/view/1216market intelligencemarketing researchmarket researchknowledge on the market
spellingShingle Bogdan Gregor
Magdalena Kalińska-Kula
MARKET INTELLIGENCE – A CONCEPTUAL APPROACH
Polityki Europejskie, Finanse i Marketing
market intelligence
marketing research
market research
knowledge on the market
title MARKET INTELLIGENCE – A CONCEPTUAL APPROACH
title_full MARKET INTELLIGENCE – A CONCEPTUAL APPROACH
title_fullStr MARKET INTELLIGENCE – A CONCEPTUAL APPROACH
title_full_unstemmed MARKET INTELLIGENCE – A CONCEPTUAL APPROACH
title_short MARKET INTELLIGENCE – A CONCEPTUAL APPROACH
title_sort market intelligence a conceptual approach
topic market intelligence
marketing research
market research
knowledge on the market
url https://pefim.sggw.edu.pl/article/view/1216
work_keys_str_mv AT bogdangregor marketintelligenceaconceptualapproach
AT magdalenakalinskakula marketintelligenceaconceptualapproach