Exam 4: Market Research
Exam 1: Welcome to the World of Marketing: Create and Deliver Value151 Questions
Exam 2: Global, Ethical, and Sustainable Marketing155 Questions
Exam 3: Strategic Market Planning156 Questions
Exam 4: Market Research155 Questions
Exam 5: Marketing Analytics: Welcome to the Era of Big Data153 Questions
Exam 6: Understand Consumer and Business Markets155 Questions
Exam 7: Segmentation, Target Marketing, and Positioning150 Questions
Exam 8: Product I: Innovation and New Product Development152 Questions
Exam 9: Product Ii: Product Strategy, Branding, and Product Management155 Questions
Exam 10: Price: What Is the Value Proposition Worth155 Questions
Exam 11: Deliver the Goods: Determine the Distribution Strategy155 Questions
Exam 12: Deliver the Customer Experience: Goods and Services Via Bricks and Clicks150 Questions
Exam 13: Promotion I: Advertising: One to Many Marketing Communications150 Questions
Exam 14: Promotion II: Social Media Marketing and Other Communication Tools152 Questions
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Explain what advantages a company might gain in using an intranet.
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(Essay)
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Correct Answer:
An intranet is an internal corporate communication network that uses Internet technology to link company departments, employees, and databases. Having access to an intranet allows salespeople and sales managers in the field to access company records and to directly enter their reports into the system. Marketing managers in the home office can use an intranet to get daily or weekly sales data by brand or product line.
SwimFit produces gear for swimmers, including suits, goggles, swim caps, and ear plugs. SwimFit wants to improve the quality of its goggles to match or surpass the quality of the product category leader. Which of the following is SwimFit most likely to use to find out more about how its competitor's product is made?
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(Multiple Choice)
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Correct Answer:
E
An independent grocer who wants to know if cocktail sauce and tartar sauce would sell better if the two products were moved from the salad dressing section of the store to a display next to the seafood selection would most likely use ________ research.
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(Multiple Choice)
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Correct Answer:
E
Two brothers own a hair salon. One believes they could have more business if they mailed out $5-off coupons to people living within a five-mile radius of the shop. The other brother wants to run an ad in the local shopping newspaper with a coupon for a free hot oil treatment. (The newspaper goes to everyone in the area.) What type of market research can they use to determine whose idea would be more profitable? Explain your answer.
(Essay)
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In causal research, factors that might be responsible for causing a change are called ________.
(Multiple Choice)
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Data that have been collected for some other purpose than to answer the question at hand are called ________.
(Multiple Choice)
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Six women were invited to participate in a discussion on motels, hotels, and resorts. A discussion leader first asked them what differentiated motels, hotels, and resort accommodations. Then she asked them to identify all the amenities they expect to find in overnight accommodations. These six women and their group leader participated in a(n) ________.
(Multiple Choice)
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Intercept research is a commonly used type of face-to-face interview.
(True/False)
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Prior to setting up its Thanksgiving Turkey Hotline, a packaged foods company conducted one-on-one discussions with a small number of new and experienced cooks to determine what type of questions it should be prepared to answer. In research terms, this company conducted ________.
(Multiple Choice)
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Which type of research tends to generate nonnumeric results that provide detailed verbal or visual information about consumers' attitudes, feelings, and buying behaviors?
(Multiple Choice)
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Which of the following is NOT a survey method for data collection?
(Multiple Choice)
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Over the course of two weeks, a trained researcher visited a home with three preschool-aged children every day to observe the children's bath time. This is an example of ________.
(Multiple Choice)
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Exploratory research is typically large scale and more expensive than other research techniques.
(True/False)
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In the market research process, it is essential for marketers to define the research problem. What does this mean?
(Essay)
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Managers of a movie theater company want to learn more about what types of premium services their customers who participate in the theater's loyalty program most desire and would be willing to pay a premium price for. The managers use a computer program that selects customers in a lottery style from the company's database to receive an online survey and loyalty points for completing the survey about premium services. What kind of sampling technique do the movie theater managers use?
(Multiple Choice)
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A group of investors wants to bring a minor league baseball team to a community of 100,000 to create hometown spirit and offer a new form of family entertainment. The group surveyed people in the community to see if they would attend the games, how frequently they would attend, and whether the location of the proposed baseball stadium was acceptable. This survey is an example of ________.
(Multiple Choice)
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Which of the following lists the three important components of a basic marketing information system (MIS)?
(Multiple Choice)
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Which of the following is NOT an advantage of online questionnaires?
(Multiple Choice)
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Mail questionnaires give researchers full flexibility in the types of questions they can ask as well as full control over the circumstances under which the respondents answer the questions.
(True/False)
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