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Marketing Study Set 2
Quiz 8: Marketing Research: From Customer Insights to Actions
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Question 201
Multiple Choice
GI Designs,a copper furniture manufacturer,increased the price on its copper tabletops by 20 percent for three months to see what the effect would be on its sales.The price increase is the ________ in this three-month experiment.
Question 202
Multiple Choice
GI Designs,a copper furniture manufacturer,increased the price on its copper tabletops by 20 percent for three months to see what the effect would be on its sales.The change in sales is the ________ in this three-month experiment.
Question 203
Multiple Choice
Data obtained by manipulating factors under tightly controlled conditions to test cause and effect is an example of
Question 204
Multiple Choice
As marketing vice president of Health Care Services,Inc. ,you must test the hypothesis that increasing the number of salespeople assigned to a territory will increase sales of health care services in the territory.Which experiment will do this best?
Question 205
Multiple Choice
Offering a product for sale in a small geographic area to help evaluate potential market actions is called a(n)
Question 206
Multiple Choice
When conducting marketing experiments,the independent variable often involves marketing mix elements such as product features or coupons,while dependent variables often include
Question 207
Multiple Choice
When Procter & Gamble acquired the Old Spice brand,it decided to reposition the brand by using different television and print advertising to see whether sales would increase.The level of sales is the ________ in this experiment.
Question 208
Multiple Choice
A disadvantage of a ________ is that the marketing research firm needs to recruit new members continually to replace those who drop out.
Question 209
Multiple Choice
In evaluating whether its Facebook and Twitter social media programs are working well,Carmex considered using various marketing metrics.One metric it chose was ________,which quantifies the number of Carmex mentions on the Internet as a percentage of all mentions of major lip balm brands.
Question 210
Multiple Choice
In marketing experiments,the independent variables of interest,sometimes called the marketing ________,are often one or more of the marketing mix elements.
Question 211
Multiple Choice
When Procter & Gamble acquired the Old Spice brand,it decided to reposition the brand by using a different advertising message to see whether its sales would increase.The advertising message is the ________ in this marketing experiment.
Question 212
Multiple Choice
Experiments often use marketing drivers from which of the four Ps?
Question 213
Multiple Choice
A potential difficulty with experiments such as test markets is that outside factors,such as the actions of competitors,can distort the results by affecting ________,such as sales.
Question 214
Multiple Choice
In evaluating whether its Facebook and Twitter social media programs are working well,Carmex considered using various marketing metrics.One metric it chose was ________,which provides the percentages of Internet Carmex mentions that are positive,neutral,or negative.
Question 215
Multiple Choice
An advantage of using a panel of consumers for marketing research is
Question 216
Multiple Choice
In marketing experiments,the independent variable is the ________ and the dependent variable is the
Question 217
Multiple Choice
Eppie's Used Cars wanted to test whether straight price discounting worked better than a free gift.It ran two different commercials on alternate Wednesdays.The first offered 10 percent off the Kelley Blue Book price for any four-wheel-drive vehicle on the lot while the second offered a free tent with the purchase of any four-wheel-drive vehicle at the Kelley Blue Book price.The type of offer was the ________ variable.The number of people that responded to each type was the ________ variable,which would suggest the best strategy for increasing traffic.
Question 218
Multiple Choice
McDonald's tested its delivery service in three Florida cities to assess consumer interest before deciding to expand to 20,000 of its restaurants.Which type of experiment was conducted here?