Chapter 1 - Marketing Research:From Data To Information To Action
Chapter 1 - Marketing Research:From Data To Information To Action
MULTIPLE CHOICE
2. Marketing research:
a. is simply asking consumers for their likes,
dislikes, needs, and wants in a one-on-one
situation.
b. spans the informational boundary between the
firm and its environment.
c. can only be employed to assess the impact of
past or contemplated adjustments in the
marketing mix.
d. is most generally used for marketing control
purposes.
e. is most generally a marketing implementation
function.
ANS: B PTS: 1
NAT: AACSB Analytic | CB&E Model Research | Bloom's: Comprehension
4. Marketing research:
a. is the use of information to identify and define
marketing problems.
b. aims to improve our understanding of
management as a process.
c. aims to promote government regulation of
research activities.
d. is only useful in companies with over $1
million in annual sales.
e. is not very useful to a provider of services,
such as banks.
ANS: A PTS: 1
NAT: AACSB Analytic | CB&E Model Research | Bloom's: Knowledge
10. A company wants to identify the market for a new candy bar and commissions a
survey of 1000 middle-school students from three cities. In this case, all middle-school students
in the three cities are the _____ for the market research.
a. population
b. sample
c. control group
d. census
e. focus group
ANS: A PTS: 1
NAT: AACSB Analytic | CB&E Model Research | Bloom's: Application
14. Emma's Ice Cream hires a local marketing research firm to find out which flavors
and innovations local customers would prefer. The marketing research firm in the above scenario
is conducting what type of research?
a. Causal research
b. Exploratory research
c. Advocacy research
d. Transnational research
e. Syndicated research
ANS: B PTS: 1
NAT: AACSB Analytic | CB&E Model Research | Bloom's: Application
TRUE/FALSE
19. The basic purpose of all marketing research is to help develop new products.
ANS: F PTS: 1
NAT: AACSB Analytic | CB&E Model Research | Bloom's: Knowledge
20. Primary data are almost always less expensive and can be obtained and analyzed
more quickly than secondary data.
ANS: F PTS: 1
NAT: AACSB Analytic | CB&E Model Research | Bloom's: Comprehension
21. The particular subset of the population for whom data are available is known as a
sample.
ANS: T PTS: 1
NAT: AACSB Analytic | CB&E Model Research | Bloom's: Knowledge
ANS: T PTS: 1
NAT: AACSB Analytic | CB&E Model Research | Bloom's: Knowledge
ANS: F PTS: 1
NAT: AACSB Analytic | CB&E Model Research | Bloom's: Analysis
COMPLETION
ANS: Exploratory
ANS: Syndicated
28. Contacting people under the guise of marketing research when the real goal is to
sell products or services is known as ____________________.
ANS: sugging
ESSAY
29. Discuss the four main stages in the market research process.
ANS:
The main stages in the marketing research process are (1) formulating the research problem, (2)
determining the research design, (3) analyzing and interpreting data, and (4) preparing the
research report.