Exam 1: The Role of Marketing Research

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A marketing manager decides not to engage in research because a decision must be made before the results of the study can be analyzed.Which factor is the determinant of the need for marketing research in this case?

(Multiple Choice)
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Compare and contrast basic and applied marketing research.Illustrate with an example of each.

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The procedures and techniques used by applied researchers and basic researchers differ substantially.

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Which type of research attempts to determine the critical attributes of the product that consumers use to perceive the value of the product?

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The application of the scientific method in searching for the truth about marketing phenomena is known as ____.

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An important aspect of the marketing concept is a(n)____.

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Marketing research is restricted to the promotion aspect of the marketing mix.

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The most common forms of performance-monitoring research are sales performance and profit analyses.

(True/False)
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Organizations conducting research in order to make a decision about a real situation faced in the marketplace are conducting ____________________ research.

(Short Answer)
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A marketing researcher who reports on the age,gender,income,and education of consumers in a particular city is describing geo-demographic information.

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Marketing research involves more than conducting surveys.

(True/False)
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Describe the differences among a product-oriented firm,a production-oriented firm,and a marketing-oriented firm and explain the role that marketing research plays in each.

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Marketing metrics involve qualitative ways of monitoring and measuring marketing performance.

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The scientific method used by researchers is essentially the same process in marketing as in the physical sciences.

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When a company focuses all of its efforts aimed at consumers based on its technical superiority in product design and features,this company is said to be ____________________-oriented.

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Discuss the factors that influence whether or not marketing research is needed.

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Marketing research can help prevent the commercialization of products that are not consumer-oriented.

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AT&T has discovered an 80 percent recognition of its logo with consumers who typically spend at least $75 per month on long-distance and wireless services.Which type of research was likely used to find this information?

(Multiple Choice)
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Research that attempts to verify a theory but which is not intended to solve any specific business problem is known as ____________________ research.

(Short Answer)
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Define the scientific method and list the steps involved in implementing it.

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