Marketing Research and Demand Forecasting Quiz

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31 Questions

What is marketing research?

The collection of data relevant to a specific marketing situation

Which step comes first in the marketing research process?

Define the problem

What are secondary data in marketing research?

Data that were collected for another purpose and already exist somewhere

How do marketers collect primary data?

Through observation, focus groups, surveys, behavioral data, and experiments

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

Questionnaires and qualitative measures only

What does a questionnaire consist of?

A set of questions presented to respondents

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

Open-end question

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

A range of possible responses

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

To discern consumers' real motivations and behaviors

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

Observation

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

Experimentation

What is the main purpose of a questionnaire in research?

To collect structured and semi-structured data

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

Questionnaire

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

Questionnaires

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

To eliminate competing explanations of the observed findings

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

Step 1: Define the Problem

What are secondary data in marketing research?

Data that were collected for another purpose and already exist somewhere

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

To explore people's attitudes and perceptions towards a product or service

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

Questionnaires

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

Open-ended questions

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

Primary data

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

Open-end question

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

To discern consumers’ real motivations and why they say and do certain things

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

Questionnaires

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

Observation

Which step comes first in the marketing research process?

Problem definition

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

Questionnaires

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

A range of possible responses

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

Experimentation

What is marketing research?

Assessing people’s knowledge, beliefs, preferences, and satisfaction

What does a questionnaire consist of?

All of the above

Test your knowledge of marketing research and demand forecasting in marketing management. Learn about the systematic design, collection, analysis, and reporting of data, as well as the process of forecasting demand.

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