Exam 10: Marketing Research in the Era of Big Data

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Whether conducted online or through the mail,what is the most important aspect of a marketing research survey?

(Multiple Choice)
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A consumer products company is analyzing data collected and published by trade associations and general business magazines.This data is best referred to as _____ data.

(Multiple Choice)
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Studying the underlying causes of customer defections,even partial defections,can be useful for identifying problem areas that need attention.

(True/False)
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Match each item with the correct statement below. -_____ seeks to discover the cause of a specific problem by discussing the problem with informed sources and by examining data from other information sources.

(Multiple Choice)
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A convenience sample is also called an accidental sample as those included just happen to be in the place where the study is being conducted.

(True/False)
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Observation is a useful technique to collect primary data for marketers trying to understand how consumers behave in certain situations.

(True/False)
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A _____ sample is a nonprobability sample divided to maintain the proportion of certain characteristics among different segments or groups seen in the population as a whole.

(Multiple Choice)
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Marketers use key performance indicators to:

(Multiple Choice)
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McBurgers plans to introduce a new line of fish sandwiches to fifteen stores in eastern United States for a six-month period.If the product and promotional efforts behind it are successful,the company may launch them nationwide.What type of research is being conducted to determine potential success?

(Multiple Choice)
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Fizzy Cola Company created a sample containing 25 of their regular cola drinkers,25 of their diet cola drinkers,and 25 of their diet caffeine-free drinkers.They created the sample by stopping people on the street and continuing until they had spoken to enough people to meet the requirement.Such a sample is a nonprobability cluster sample.

(True/False)
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A marketing-related problem can be identified by evaluating the firm's marketing mix elements and target market.

(True/False)
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A _____ is a planned,computer-based system designed to provide decision makers with a continuous flow of information relevant to their areas of responsibility.​

(Multiple Choice)
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Prior to the 1930s,most of the marketing research involved gathering written testimonials from purchasers of firms' products.

(True/False)
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A(n)_____ sample is a nonprobability sample selected from among readily available respondents.

(Multiple Choice)
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A marketing research organization that regularly provides a standardized set of data to all customers is called a full-service research supplier.

(True/False)
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Which of the following is not affected by big data?

(Multiple Choice)
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What is an MDSS? How is it different from an MIS?

(Essay)
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​You are the campaign manager for a candidate running for mayor of Hartford,Connecticut.You are running a series of focus group sessions with Hartford residents to get a better idea of their needs and wants. Your focus group sessions are an example of which of the following types of research?

(Multiple Choice)
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What is a major source of information for U.S.companies that want to research global markets?

(Multiple Choice)
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The information gathered by an outside marketing research firm is often more thorough and accurate than that collected by in-house staff.

(True/False)
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