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Business
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Modern Marketing
Quiz 1: The Purpose and Process of Marketing Research
Path 4
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Question 1
True/False
Despite major differences in consumer and industrial marketing research,the underlying methods and skills are nearly identical.
Question 2
True/False
The process of identifying problems and opportunities involves analyzing future situations that a firm will face; the past is a sunk cost because it can no longer be changed.
Question 3
True/False
Dependent variables are inputs or causes used to explain a particular phenomenon.
Question 4
True/False
In identifying alternative courses of action,"doing nothing" or "status quo" is not a feasible alternative.
Question 5
True/False
Good horizontal relationships (teaming of researchers with product managers)are more important than vertical ones (e.g.,reporting to the senior marketing executive).
Question 6
True/False
Researchers must develop a data-collection procedure that establishes an effective link between the information needs and the questions to be asked or the observations to be made.
Question 7
True/False
A systematic approach to researching the information needs of marketing management facilitates good organizational planning in developing objectives,allocating marketing resources,and auditing performance.