Filters
Question type

Study Flashcards

Kay & Maggie's,a chain of beauty salons,has its outlets in all the malls in the city.It is conducting a survey to find out how satisfied its customers are with the service provided at all its outlets.In all the city malls,a mall interviewer intercepts the customers who exit the salon and directs them to nearby computers.The customers type the answers to the questions displayed on the computer screen.This is an example of _____.


A) ​computer-assisted personal interviewing
B) a focus group
C) an executive interview
D) ​computer-assisted self-interviewing

Correct Answer

verifed

verified

In the context of marketing research,describe the concept of competitive intelligence.

Correct Answer

verifed

verified

Answers will vary.Derived from military ...

View Answer

The management of Fly Pro Airlines plans to introduce special meals on its flights during holiday seasons.It decides to conduct research to determine the best plan and uses the information available on its database to determine the number of flights that were operated and the number of passengers who flew with the airlines during the previous holiday season.In this case,which of the following is most likely to be true?


A) ​The quality of the data obtained from Fly Pro Airlines's database can be measured.
B) The data collected will be of no use if no plan can be devised from the data.
C) Details about flyers' food habits may not be present in Fly Pro Airlines's database
D) ​Collecting data from the database will be more time consuming than collecting data directly from the passengers.

Correct Answer

verifed

verified

The final step in the customer relationship management cycle is to identify a firm's profitable and unprofitable customers.

Correct Answer

verifed

verified

Which of the following stages in a customer relationship management cycle is characterized by the sharing of customer information to all areas of a business after it has been analyzed and transformed into useful information?


A) ​Identifying profitable and unprofitable customers
B) Leveraging customer information
C) Identifying customer relationships with the organization
D) ​Storing and integrating customer data

Correct Answer

verifed

verified

Explain the importance of marketing research in marketing decision making.

Correct Answer

verifed

verified

Answers will vary.Marketing research is the process of planning,collecting,and analyzing data relevant to a marketing decision.The results of this analysis are then communicated to management.Thus,marketing research is the function that links the consumer,customer,and public to the marketer through information.Marketing research plays a key role in the marketing system.It provides decision makers with data on the effectiveness of the current marketing mix and insights for necessary changes.Furthermore,marketing research is a main data source for management information systems.In other words,the findings of a marketing research project become data for management decision making.REJ: Please see the section "The Role of Marketing Research" for more information.

Which of the following is a technique for gathering primary data?


A) Conducting telephone interviews​
B) Gathering public sector records
C) Using published data
D) ​Summarizing internal reports

Correct Answer

verifed

verified

The management of Zilo Toys Inc.,a toy manufacturing company,believes that the longer the customers spend deciding what to purchase,the less likely they are to purchase more items.In order to determine the average time customers spend in purchasing toys from the store,the management employs Tim to observe the customers as they discuss which toys to buy.He then reports his findings to the management.In this scenario,Tim is engaging in _____.


A) ​quantitative research
B) survey research
C) observation research
D) ​ethnographic research

Correct Answer

verifed

verified

_____ is a system for gathering information from respondents by continuously monitoring the advertising,promotion,and pricing they are exposed to and the things they buy.


A) ​Web community research
B) An online focus group
C) Scanner-based research
D) ​A Web survey system

Correct Answer

verifed

verified

Discuss the benefits of marketing research to managers.

Correct Answer

verifed

verified

 ​Answers will vary.Marketing research c...

View Answer

Online panel providers consist of a carefully selected group of consumers who agree to participate in an ongoing dialogue with a particular corporation.

Correct Answer

verifed

verified

The editor of Market Buzz,a business magazine,wants to make several major changes in the magazine's content and format.Therefore,he asks a few members of the Editorial Board to use diagnostic research to predict the results if the changes are implemented.Given this information,the Editorial Board of Market Buzz will:


A) explain how the magazine's competitors improve their circulation​
B) determine the impact of the changes on the magazine's circulation
C) determine the impact of the changes on the magazine's circulation.​
D) collect information about the magazine's past performance in the market​

Correct Answer

verifed

verified

The first step in the marketing research process is:


A) ​specifying the sampling procedures to be followed
B) recognizing a marketing problem or opportunity​
C) collecting primary data from available sources
D) ​planning a research design

Correct Answer

verifed

verified

Which of the following is a similarity between in-home personal interviews and executive interviews?


A) ​Both promise anonymity for respondents.
B) Both involve traveling to an interviewee's location.
C) Both require computer-assisted interviewing.
D) ​Both help a researcher save time.

Correct Answer

verifed

verified

Which of the following is an advantage of primary data?


A) ​Gathering primary data is less expensive than gathering secondary data. 
B) They answer specific research questions that secondary data cannot answer.
C) They consist of data that are easily available to any interested party.
D) ​Conducting in-person interviews is an expensive method of gathering primary data.

Correct Answer

verifed

verified

Which of the following information should be included at the beginning of a marketing research report?


A) ​A brief explanation about the research design
B) A concise statement of the research objectives
C) A detailed discussion on the methodology employed
D) ​A summary on the major findings of the research

Correct Answer

verifed

verified

B

In which of the following ways does marketing research help managers?


A) ​It helps them serve their customers accurately and efficiently
B) It helps them eliminate the use of big data for data analysis
C) It helps them focus on quantity rather than quality of products
D) ​It helps them ensure that secondary data do not influence marketing decisions

Correct Answer

verifed

verified

A difference between traditional surveys and Internet surveys is that,internet surveys:


A) ​can be targeted at a specific group of people.
B) require a considerable amount of time and effort to be conducted.
C) incur training, telecommunications, and management costs.
D) ​can be personalized for greater relevance to each respondent.

Correct Answer

verifed

verified

Mobile research provides immediate feedback about a consumer's purchase decision to the researcher.

Correct Answer

verifed

verified

True

In the context of marketing research,which of the following is specified in the research design?


A) ​The methods of data collection
B) The management decision problem to be solved
C) The modifications to be made to the approved project budget
D) ​The distribution channels of products

Correct Answer

verifed

verified

Showing 1 - 20 of 45

Related Exams

Show Answer