Marketing Research and Demand Forecasting Quiz
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Questions and Answers

What is marketing research?

  • The systematic design of marketing materials
  • The collection of data relevant to a specific marketing situation (correct)
  • The reporting of findings related to product development
  • The analysis of company financial reports
  • Which step comes first in the marketing research process?

  • Analyze information
  • Collect information
  • Define the problem (correct)
  • Develop research plan
  • What are secondary data in marketing research?

  • Data freshly gathered for a specific purpose
  • Data that were collected for another purpose and already exist somewhere (correct)
  • Data sources used to develop the research plan
  • Data collected through observation and focus groups
  • How do marketers collect primary data?

    <p>Through observation, focus groups, surveys, behavioral data, and experiments</p> Signup and view all the answers

    What are the main research instruments used to collect primary data?

    <p>Questionnaires and qualitative measures only</p> Signup and view all the answers

    What does a questionnaire consist of?

    <p>A set of questions presented to respondents</p> Signup and view all the answers

    Which type of question allows respondents to answer in their own words and often reveals more about how people think?

    <p>Open-end question</p> Signup and view all the answers

    In qualitative research, what do relatively unstructured measurement approaches permit?

    <p>A range of possible responses</p> Signup and view all the answers

    What is the main purpose of focus groups in marketing research?

    <p>To discern consumers' real motivations and behaviors</p> Signup and view all the answers

    What type of research technique involves gathering data by observing relevant actors and settings unobtrusively?

    <p>Observation</p> Signup and view all the answers

    What is the most scientifically valid research technique designed to capture cause-and-effect relationships?

    <p>Experimentation</p> Signup and view all the answers

    What is the main purpose of a questionnaire in research?

    <p>To collect structured and semi-structured data</p> Signup and view all the answers

    Which question type aims at collecting data relevant to a problem using a set of structured and semi-structured questions?

    <p>Questionnaire</p> Signup and view all the answers

    Which instrument is by far the most common used to collect primary data?

    <p>Questionnaires</p> Signup and view all the answers

    In experimentation, what is the purpose of capturing cause-and-effect relationships?

    <p>To eliminate competing explanations of the observed findings</p> Signup and view all the answers

    Which step in the marketing research process involves specifying decision alternatives and stating research objectives?

    <p>Step 1: Define the Problem</p> Signup and view all the answers

    What are secondary data in marketing research?

    <p>Data that were collected for another purpose and already exist somewhere</p> Signup and view all the answers

    What is the main purpose of focus groups in marketing research?

    <p>To explore people's attitudes and perceptions towards a product or service</p> Signup and view all the answers

    Which research instrument consists of a set of questions presented to respondents?

    <p>Questionnaires</p> Signup and view all the answers

    Which type of question allows respondents to answer in their own words and often reveals more about how people think?

    <p>Open-ended questions</p> Signup and view all the answers

    In marketing research, what type of data are gathered through observation, focus groups, surveys, behavioral data, and experiments?

    <p>Primary data</p> Signup and view all the answers

    Which type of question allows respondents to answer in their own words and often reveals more about how people think?

    <p>Open-end question</p> Signup and view all the answers

    What is the main purpose of focus groups in marketing research?

    <p>To discern consumers’ real motivations and why they say and do certain things</p> Signup and view all the answers

    What are the main research instruments used to collect primary data?

    <p>Questionnaires</p> Signup and view all the answers

    What type of research technique involves gathering data by observing relevant actors and settings unobtrusively?

    <p>Observation</p> Signup and view all the answers

    Which step comes first in the marketing research process?

    <p>Problem definition</p> Signup and view all the answers

    Which instrument is by far the most common used to collect primary data?

    <p>Questionnaires</p> Signup and view all the answers

    In qualitative research, what do relatively unstructured measurement approaches permit?

    <p>A range of possible responses</p> Signup and view all the answers

    What is the most scientifically valid research technique designed to capture cause-and-effect relationships?

    <p>Experimentation</p> Signup and view all the answers

    What is marketing research?

    <p>Assessing people’s knowledge, beliefs, preferences, and satisfaction</p> Signup and view all the answers

    What does a questionnaire consist of?

    <p>All of the above</p> Signup and view all the answers

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