Companies conduct market research on:Multiple select question.obsolete productsglobal trendsbusiness trendsecological impact of decisions

Companies conduct market research on:

1. Global trends: Companies need to understand the global trends to stay competitive. These trends could be related to consumer behavior, technology, or industry-specific trends. By understanding these trends, companies can make strategic decisions about product development, marketing strategies, and business expansion.

2. Business trends: Business trends are specific changes or developments that occur within an industry. These could be related to changes in market demand, competitive landscape, or regulatory environment. Companies conduct market research to understand these trends and make informed business decisions.

3. Ecological impact of decisions: With increasing awareness about environmental sustainability, companies also conduct market research to understand the ecological impact of their decisions. This could include understanding the environmental impact of their products, operations, or supply chain. This information can help companies in making decisions that are not only profitable but also environmentally sustainable.

Obsolete products are typically not the focus of market research as they are no longer relevant in the current market scenario. However, companies might study them to understand why they became obsolete and avoid similar mistakes in the future.