Market Research Principles Quiz
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Questions and Answers

What is the aim of market research according to the text?

  • To understand relevant management questions and where companies invest their money (correct)
  • To reflect people's own perceptions
  • To observe the market with a questionnaire
  • To gather and analyze information in a systematic manner

What is an example of method biases mentioned in the text?

  • Observation of the environment
  • Asking people about their behaviors
  • Gathering and analyzing information in a systematic manner
  • Answers affected by the way questions are asked (correct)

How can market research be conducted 'in the literal sense' according to the text?

  • By gathering and analyzing information
  • By asking people about their behaviors
  • By reflecting people's own perceptions
  • By observing the environment (correct)

What does market research aim to recognize and solve?

<p>Market problems (D)</p> Signup and view all the answers

What does market research aim to avoid as much as possible?

<p>Biases (B)</p> Signup and view all the answers

What is the main aim of market research according to the text?

<p>To understand relevant management questions and where companies invest their money (C)</p> Signup and view all the answers

How are method biases in market research defined in the text?

<p>Answers are affected by the way questions are asked (A)</p> Signup and view all the answers

In what way can market research observe the environment, according to the text?

<p>In the literal sense (B)</p> Signup and view all the answers

Why is it important to be accurate and systematic in market research, as mentioned in the text?

<p>To avoid method biases as much as possible (B)</p> Signup and view all the answers

What does market research rely on to obtain information about people's behaviors, as mentioned in the text?

<p>Customer membership card data (C)</p> Signup and view all the answers

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