Market Research: Primary and Secondary Sources

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26 Questions

Which characteristic is emphasized in quantitative research?

Generalizability

What type of data does quantitative research focus on analyzing?

Numerical data

Which method is commonly used for data collection in quantitative research?

Surveys

What is a key characteristic of the sample size in quantitative research?

Large sample sizes for generalizability

What type of analysis is typically involved in quantitative research?

Regression analysis

Which data collection method is commonly used in quantitative research?

Observations

What is a key characteristic of sample size in quantitative research?

Involvement of smaller sample sizes

What is the primary purpose of quantitative research?

Testing hypotheses and confirming relationships

Which type of data is most suitable for quantitative research?

Numerical data that can be measured and analyzed statistically

What is one of the key characteristics of quantitative research in terms of sample size?

Large sample size for statistical significance

Which type of analysis is commonly associated with quantitative research?

Statistical analysis and hypothesis testing

In which scenario would quantitative research be most appropriate?

Testing and confirming hypotheses about product performance

What is one of the ethical considerations in conducting quantitative research?

Data protection and privacy

What type of method is used in qualitative research to understand the underlying reasons, opinions, and motivations behind a particular phenomenon?

Exploratory method

Which source is commonly utilized for obtaining qualitative data in secondary research?

Chambers of Commerce

What does qualitative research focus on analyzing?

Underlying reasons and motivations

In qualitative research, what type of data is obtained from sources like social and economic research centers?

Qualitative data

What is a common method of data collection in qualitative exploratory research?

Observations

What is a key characteristic of sample size in qualitative exploratory research?

Smaller sample sizes for in-depth analysis

Which type of analysis is commonly associated with qualitative exploratory research?

Thematic analysis

What is the primary focus of qualitative research?

Exploring motivations and behaviors

Which type of data is MOST SUITABLE for qualitative research?

Non-numerical data (words, images, observations)

What kind of sample size is typically used in qualitative research for in-depth analysis?

Small sample size

Which characteristic best describes the generalizability of qualitative research?

Limited generalizability, context-specific insights

In which scenario would qualitative research be MOST APPROPRIATE?

Measuring customer satisfaction and exploring new market trends

What is one of the primary challenges of qualitative research in terms of data analysis?

Thematic analysis, coding, and interpretation

This quiz covers the concepts of primary and secondary research sources, quantitative and qualitative data sources, as well as the aims of market research. It also delves into the use of big data, external scholarly literature, and standardized research services.

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