1. Despite the data glut that marketing managers receive, they frequently complain that they lack _____. Show 2. An MIS consists of people, equipment, and procedures to gather, sort, _____, evaluate, and distribute information to marketing decision
makers. 3. Your firm has just developed its first successful MIS. It interacts with information users to assess information needs, develop needed information, _____ the marketing information, and help managers use it in their decision making. 4. The marketing information system is
not limited to use by the company it serves. It may also provide information to _____. 5. Marketers must weigh carefully the costs of additional information against the _____ resulting from it. 6. Four common sources of internal data include the
accounting department, operations, the sales force, and the _____. 7. Marketing information from this type of database usually can be accessed more quickly and cheaply than other information sources. Which one is it? 8. This systematic
collection and analysis of publicly available information about competitors and developments in the marketing environment is very useful. What is it called? 9. Which of the following was not mentioned in your textbook as a source of marketing intelligence? 10. Which of the following was not mentioned in your textbook as a source of marketing intelligence? 11. Your competitor may reveal intelligence information through which of these sources of information? 12. In today’s information age, companies are leaving a paper trail of information _____. 13. To combat marketing intelligence by competitors, Unilever Corporation is now providing _____ to employees. 14. Which of the steps in the marketing research process has been left out: defining the problems and research objectives, implementing the research plan, and interpreting and reporting the findings? 15. Your colleague is confused about using the marketing research process. He seems to be having problems with _____, which is often the hardest step to take. 16. The objective of _____ research is to gather
preliminary information that will help define the problem and suggest hypotheses. 17. It is important to note that research objectives must be translated into specific _____. 18. The research plan
outlines sources of existing data and spells out the specific research approaches, contact methods, _____, and instruments that researchers will use to gather new data. 19. The way to begin marketing research is to gather secondary data, which consists of information _____. 20. How would you describe the primary data being used by your firm? 21. Which form of data can usually be obtained more quickly and at a lower cost? 22. Your assistant wants to use secondary data exclusively for the current research project. You advise him that the use of secondary data has some potential problems. Which of the following is not one of them? 23. Primary data must be relevant, current, unbiased, and _____. 24. Which method of research can obtain information that people are unwilling or unable
to provide? 25. Survey research, called the backbone of primary research, is the most widely used method for primary data collection and is best suited for gathering _____ information. 26. Fredia Pellerano has just discovered the major
advantage of survey research. She reports to her supervisor that it is _____. 27. Experimental research is best suited for gathering _____ information. 28. One of the following is not a current survey research method. It is
contact by _____. 29. All of the following are disadvantages of telephone interviewing except one. Which one? 30. Currently, you
find yourself involved in marketing research. The form you are using is flexible, allows explanation of difficult questions, and lends itself to showing products and advertisements. What is this form of research? 31. Which of the following is not an advantage of Web research? 32. DelRay Pools and Spas is collecting marketing data through online (Internet) marketing research. Management will have the choice of using Internet surveys, experiments, or _____. 33. Judy Hammerschmidt regularly conducts online marketing research
at work. She has found that it has several advantages over traditional methods. Which of these is not an advantage? 34. Marketing researchers usually draw conclusions about large groups of consumers by studying a small _____ of the total
consumer population. 36. Sampling requires the answers to three questions. Choose the inappropriate one. 37. The backbone of marketing research, or the most common instrument used, is the _____. 38. In creating research questionnaires, which of the following is good advice for Mark Hammel, research specialist at New Wave Data, to follow? 39. Which of the following was not mentioned in your text as a common mechanical instrument used to conduct market research? 40. At this point in your marketing research project, Mr. Barnes comments
that the _____ phase is generally the most expensive and the most subject to error. How is primary data used in marketing?Primary data is information collected through original research. A marketer typically seeks primary data specifically for their objectives. The method used to collect primary data depends on the amount and type of data the company is interested in.
What are the two methods that marketers use to collect primary data?Observing people and asking them questions are the two principal ways to collect new or primary data for a marketing study. Facts and figures obtained by watching, either mechanically or in person, how people actually behave is the way marketing researchers collect OBSERVATIONAL DATA.
Why can primary data be important for a marketer?Primary data allows analysts to validate market size estimates and growth outlooks and gain targeted insights into specific industry developments or drivers.
Which primary source of data is useful in marketing analytics?Focus Groups
A focus group is a primary source of data collection because the data is collected directly from the participant. It is commonly used for market research, where a group of market consumers engages in a discussion with a research moderator.
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