A business person team is engaged in analyzing market research to develop an effective business strategy. They are likely studying various factors, such as consumer behavior, competition, and industry trends, to better understand the market landscape. By utilizing this information, the team can make informed decisions about product development, pricing, and marketing tactics to gain a competitive advantage and drive business growth. The process of analyzing market research and developing a business strategy requires a deep understanding of the market, strong analytical skills, and the ability to think strategically.