Exam 4: Managing Marketing Information

Information collected from online databases is an example of ________ data.

A good ________ will gather,sort,analyze,evaluate,and distribute needed,timely,and accurate information to marketing decision makers.

A marketer of frozen dinners has decided to collect consumer feedback via a focus group interview.How might the marketer use the focus group interview to determine whether a spicy curry sauce or a milder sweet chili sauce should be included on top of the rice?

The best approach for researchers to take to guard consumer privacy includes all of the following EXCEPT which one?

Despite the data glut that marketing managers receive,they are most likely to complain that they lack which of the following?

Which of the following is a disadvantage of online focus groups?

Which of the following is true about customer relationship management (CRM)?

You are about to test the hypothesis that sales of your product will increase at a very similar rate at either a $5 drop in unit price or a $7 drop in unit price.You are involved in what type of research?

Survey research is LEAST likely to be conducted through which of the following?

Refer to the scenario below to answer the following questions. Jason Tan, owner of Initial Cleaning Services, began his enterprise in 2001. Jason's primary focus had been on office cleaning for large corporations. But in recent months Jason has seen a decline in demand for office cleaning. Surprisingly, the competitive environment appears relatively stable with no new competitors. However, Jason understands that office cleaning is a high-frequency service that is usually performed daily; therefore, competitors must be doing something to attract his customers. Building a competitive advantage seems to be the only option to offset competition. But as Jason pondered his dilemma, he realized that, prior to building his competitive advantage, he needed to better understand how customers assess service quality and what they are looking for in a superior cleaning service. Jason developed a research plan. First, he gathered competitor information-primarily through pamphlets, but also from a few phone calls-to find out exactly what competitors offer in their cleaning packages. In addition, Jason obtained from the Registrar of Companies an updated list of local corporations to which he would send a short survey. Though the list of corporations contained 141 local company names, Jason chose to survey 75 of them. To better understand customer service expectations between both small and large corporations, Jason divided his surveys into two categories. The survey questions were designed to extract specific data from respondents with regard to service quality expectations in correlation to service frequency and price. Jason awaited the results. Though his primary focus had been on large corporations, he was flexible at this point to aim his efforts differently if needed. -Did Jason use any particular type(s)of marketing intelligence in this scenario?