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Market analysis is the study of both qualitative and qualitative valuations as it deals with the value and volume for the size of the market and looks for other factors like the competition with other brands, economic environment concerning barriers on entry & regulation, and buying patterns of different customers. This type of analysis helps in identifying its weaknesses, threats, opportunities, strengths, etc. Apart from these, it also regulates the relationship between the supply and demand for a particular product or service.
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