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Preface to Marketing Management
Quiz 2: Marketing Research: Process and Systems for Decision Making
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Question 21
Multiple Choice
D-Tools Inc.manufactures and markets computer games.Their latest addition is a game called "Flashbox." This game is targeted at children of the age group of 13-16 years.The company recently conducted a free trial session where they invited groups of teenagers to play the game.After the gaming session,the company's market research executives conducted discussion sessions with the group and evaluated their feedback.What kind of research did the company undertake?
Question 22
Multiple Choice
The management team at Mercury,a department store,has received feedback from the customer service department that the store's exchange policy creates a lot of stress for customers.The customers need to visit several counters before their product is finally exchanged with another.All attempts to interact with customers to study the problem have failed because consumers chose to become hostile,rather than giving any constructive feedback.The team is now planning to conduct market research by monitoring people's behavior as they wait in line for products to be exchanged.What type of research is the store conducting?
Question 23
Multiple Choice
Which of the following is an example of qualitative research?
Question 24
Multiple Choice
Starks Inc.,a fast food chain in Los Angeles,is planning to open a joint in Mexico City.Prior to opening the joint,they have decided to conduct market research to assess and understand the market.The process will involve recruiting representatives in the city who will ask consumers a set of structured questions in person.Which of the following research methods is Starks Inc.using?
Question 25
Multiple Choice
Quantitative research involves:
Question 26
Multiple Choice
Observation,surveys,experiments and mathematical modeling are four common types of _____.
Question 27
Multiple Choice
Warner Implants,a pioneer in the industry for medical implants,was voted as one of the fifty most influential companies of the century in 1999.The following year,Warner Implants completed 50 years and on that occasion,the company launched a revolutionary cardiac implant.As a part of its promotional strategy,the marketing team at Warner Implants undertook extensive interviews with a few long-term customers individually.The interviews aimed at understanding the meaning their implants brought to the lives of their consumers.This scenario illustrates the use of _____ as a mode of research.
Question 28
Multiple Choice
Which of the following types of quantitative research involves watching people and recording relevant facts and behaviors?
Question 29
Multiple Choice
Qualitative research typically involves _____.
Question 30
Multiple Choice
Isabel is planning to open an art gallery in Spain which will feature the artwork of young Hispanic artists.However,she is unsure if the new business would succeed.To make a clear decision,she collects data from the Statistical Office of the country which shows that 70 percent of the community in the country is Hispanic.Which of the following types of data does she use to aid her in decision making in this scenario?
Question 31
Multiple Choice
Which of the following is NOT a type of quantitative research?
Question 32
Multiple Choice
A marketing research study using a ______ involves discussions among a small number of consumers led by an interviewer and is designed to generate insights and ideas about products and brands.