Types of Market Research (David, 2022)
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Questions and Answers

What is the primary focus of quantitative research?

  • Creating questionnaires
  • Analyzing numerical data (correct)
  • Sampling
  • Conducting surveys

Which method involves direct interaction with consumers or third-party entities?

  • Binary questionnaires
  • Quantitative research (correct)
  • Sampling
  • Customer surveys

What type of questions are commonly used in quantitative surveys?

  • Multiple-choice questions
  • Yes/no questions or rating scales (correct)
  • Open-ended questions
  • True/false questions

What is the purpose of a questionnaire in research?

<p>Gather valuable information from participants (A)</p> Signup and view all the answers

Why is primary research essential for businesses?

<p>To better understand consumer preferences and needs (A)</p> Signup and view all the answers

What is the main benefit of using random or probability sampling in research?

<p>Minimizes bias and increases unbiased estimates (B)</p> Signup and view all the answers

Which qualitative research method involves observing consumers in their own homes?

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

What distinguishes open-ended questionnaires from closed-ended questions?

<p>Phrase questions as statements requiring extended responses (B)</p> Signup and view all the answers

In qualitative research, what is the primary goal of conducting individual interviews?

<p>Collecting detailed responses from participants (D)</p> Signup and view all the answers

How does case study research differ from ethnographic research in qualitative studies?

<p>Focuses on explaining specific issues in detail within real-life contexts (C)</p> Signup and view all the answers

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