Deck 5: Managing Customer Information to Gain Customer Insights

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Question
If a menu item is estimated to bring in $300,000 in future earnings without doing any market research, but it is believed the earnings could be increased to $330,000 by spending $40,000 on research, then the marketing director should:

A) Veto the research
B) Somewhat support the research
C) Highly encourage the research
D) Eliminate the menu item
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Question
DataStar, LEXIS-NEXIS, Dow Jones News Retrieval, UMI ProQuest, and Dun & Bradstreet's Online Access are examples of:

A) Online marketing platforms
B) Online search engines
C) Online database and information search services
D) Online marketing databases
Question
The information collected for the specific purpose at hand is called:

A) Primary data
B) Secondary data
C) Tertiary data
D) None of the above
Question
Which statement about guest comment cards is false?

A) If they are left in hotel rooms for customers to fill out, they reflect the opinions of the customers as a whole.
B) They can be useful in spotting trouble areas.
C) Often less than 50% of the hotel guests will fill them out.
D) If the process is not well thought out, employees may selectively distribute the cards to guests they feel will have a positive response.
Question
Data that consists of information already in existence somewhere, having been collected for another purpose, is called:

A) Primary data
B) Secondary data
C) Tertiary data
D) None of the above
Question
________ is the most widely used method of primary data collection.

A) Experimental research
B) Survey research
C) Causal research
D) Observational research
Question
Secondary data:

A) Involves finding people to interview
B) Is collected for the purpose at hand
C) Involves finding people to observe
D) Can be found more quickly and is cheaper than primary data
Question
This test is an example of:

A) An open-ended survey
B) An unstructured survey
C) A qualitative survey
D) A close-ended survey
Question
A process that identifies and defines marketing opportunities and problems, monitors and evaluates marketing actions and performance, and communicates the findings and implications to management, is called:

A) Marketing research
B) Marketing database management
C) Market segmentation analysis
D) Customer oriented marketing
Question
Which of the following is NOT a sampling decision that must be made?

A) How many people should be surveyed?
B) Who will do the sampling?
C) When will the survey begin?
D) How will be sample be chosen?
Question
Which of the following is NOT a type of objective for a marketing research project?

A) Exploratory research
B) Data research
C) Descriptive research
D) Casual research
Question
"Customers" who are in reality undercover employees of hotel management are called:

A) Auditors
B) Identifiers
C) Spies
D) Mystery shoppers
Question
A marketing research project where the objective is to describe the size and composition of the market, is called:

A) Exploratory research
B) Data research
C) Descriptive research
D) Casual research
Question
If you are in a hurry to collect survey data, the worst method to use is:

A) Personal surveying
B) Internet surveying
C) Mail surveying
D) Telephone surveying
Question
A marketing research project where the objective is to test hypotheses about cause-and-effect relationships, is called:

A) Exploratory research
B) Data research
C) Descriptive research
D) Casual research
Question
The type of research used to gather preliminary information to help generate research hypotheses is called:

A) Descriptive research
B) Exploratory research
C) Experimental research
D) Causal research
Question
The single most important element in any hospitality information system is a process for:

A) Doing primary research
B) Acquiring employee information
C) Capturing guest history information
D) Forecasting sales
Question
From its Total Rewards data, Harrah's has learned that ________ percent of its customers produce ________ percent of revenues.

A) 80; 20
B) 20; 80
C) 26; 82
D) 82; 26
Question
The most scientifically valid research is:

A) Primary research
B) Experimental research
C) Survey research
D) Tertiary research which combines both primary and secondary research
Question
CRM stands for:

A) Customer Revenue Management
B) Customer Relationship Marketing
C) Customized Relationship Management
D) Customer Relationship Management
Question
Descriptive research gathers preliminary information that will help define the problem and suggest hypotheses.
Question
Experimental research is best suited for gathering causal information.
Question
Provide the advantages/benefits of each of the contact methods.
Question
One recent study found that managers lose as much as three hours a day looking for the right information.
Question
When the researcher selects the easiest population members from which to obtain information, the sample is called:

A) Simple random sample
B) Stratified random sample
C) Convenience sample
D) Judgment sample
Question
Interpretations of research findings need to be left entirely to the researcher.
Question
Discuss the four basic steps in the marketing research process.
Question
Telephone interviewing runs little risk of interviewer bias since the respondent cannot actually see the interviewer.
Question
An MIS often consists of three separate components. Describe each of these.
Question
Qualitative research is useful to gain insight into definitions and concepts.
Question
Which of the following is NOT true of online research?

A) Online research is inexpensive.
B) Online research is fast.
C) People tend to be honest online.
D) Samples are never small or skewed.
Question
Among the four contact methods: Mail, Telephone, Personal and Online, which one is the poorest in terms of costs?

A) Mail
B) Telephone
C) Personal
D) Online
Question
Closed-ended questions include all possible answers from which the subjects must choose.
Question
Among the four contact methods: Mail, Telephone, Personal and Online, which one is the poorest in terms of controlling the interviewer effect?

A) Mail
B) Telephone
C) Personal
D) Online
Question
What does a typical marketing information system (MIS) do?
Question
Among the four contact methods: Mail, Telephone, Personal and Online, which one is the best in terms of control of sample?

A) Mail
B) Telephone
C) Personal
D) Online
Question
A sample is a segment of the population selected to represent the population as a whole.
Question
Mail questionnaires are very expensive per respondent compared to other survey methods.
Question
Primary data are simply the highest priority information used by the company to make decisions.
Question
Among all of the various contact methods, which provides the worst response rate and least control of the sample? Which provides the most flexibility?
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Deck 5: Managing Customer Information to Gain Customer Insights
1
If a menu item is estimated to bring in $300,000 in future earnings without doing any market research, but it is believed the earnings could be increased to $330,000 by spending $40,000 on research, then the marketing director should:

A) Veto the research
B) Somewhat support the research
C) Highly encourage the research
D) Eliminate the menu item
A
2
DataStar, LEXIS-NEXIS, Dow Jones News Retrieval, UMI ProQuest, and Dun & Bradstreet's Online Access are examples of:

A) Online marketing platforms
B) Online search engines
C) Online database and information search services
D) Online marketing databases
C
3
The information collected for the specific purpose at hand is called:

A) Primary data
B) Secondary data
C) Tertiary data
D) None of the above
A
4
Which statement about guest comment cards is false?

A) If they are left in hotel rooms for customers to fill out, they reflect the opinions of the customers as a whole.
B) They can be useful in spotting trouble areas.
C) Often less than 50% of the hotel guests will fill them out.
D) If the process is not well thought out, employees may selectively distribute the cards to guests they feel will have a positive response.
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
5
Data that consists of information already in existence somewhere, having been collected for another purpose, is called:

A) Primary data
B) Secondary data
C) Tertiary data
D) None of the above
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
6
________ is the most widely used method of primary data collection.

A) Experimental research
B) Survey research
C) Causal research
D) Observational research
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
7
Secondary data:

A) Involves finding people to interview
B) Is collected for the purpose at hand
C) Involves finding people to observe
D) Can be found more quickly and is cheaper than primary data
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
8
This test is an example of:

A) An open-ended survey
B) An unstructured survey
C) A qualitative survey
D) A close-ended survey
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
9
A process that identifies and defines marketing opportunities and problems, monitors and evaluates marketing actions and performance, and communicates the findings and implications to management, is called:

A) Marketing research
B) Marketing database management
C) Market segmentation analysis
D) Customer oriented marketing
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
10
Which of the following is NOT a sampling decision that must be made?

A) How many people should be surveyed?
B) Who will do the sampling?
C) When will the survey begin?
D) How will be sample be chosen?
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
11
Which of the following is NOT a type of objective for a marketing research project?

A) Exploratory research
B) Data research
C) Descriptive research
D) Casual research
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
12
"Customers" who are in reality undercover employees of hotel management are called:

A) Auditors
B) Identifiers
C) Spies
D) Mystery shoppers
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
13
A marketing research project where the objective is to describe the size and composition of the market, is called:

A) Exploratory research
B) Data research
C) Descriptive research
D) Casual research
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
14
If you are in a hurry to collect survey data, the worst method to use is:

A) Personal surveying
B) Internet surveying
C) Mail surveying
D) Telephone surveying
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
15
A marketing research project where the objective is to test hypotheses about cause-and-effect relationships, is called:

A) Exploratory research
B) Data research
C) Descriptive research
D) Casual research
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
16
The type of research used to gather preliminary information to help generate research hypotheses is called:

A) Descriptive research
B) Exploratory research
C) Experimental research
D) Causal research
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
17
The single most important element in any hospitality information system is a process for:

A) Doing primary research
B) Acquiring employee information
C) Capturing guest history information
D) Forecasting sales
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
18
From its Total Rewards data, Harrah's has learned that ________ percent of its customers produce ________ percent of revenues.

A) 80; 20
B) 20; 80
C) 26; 82
D) 82; 26
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
19
The most scientifically valid research is:

A) Primary research
B) Experimental research
C) Survey research
D) Tertiary research which combines both primary and secondary research
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
20
CRM stands for:

A) Customer Revenue Management
B) Customer Relationship Marketing
C) Customized Relationship Management
D) Customer Relationship Management
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
21
Descriptive research gathers preliminary information that will help define the problem and suggest hypotheses.
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Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
22
Experimental research is best suited for gathering causal information.
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Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
23
Provide the advantages/benefits of each of the contact methods.
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Unlock Deck
k this deck
24
One recent study found that managers lose as much as three hours a day looking for the right information.
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
25
When the researcher selects the easiest population members from which to obtain information, the sample is called:

A) Simple random sample
B) Stratified random sample
C) Convenience sample
D) Judgment sample
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Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
26
Interpretations of research findings need to be left entirely to the researcher.
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Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
27
Discuss the four basic steps in the marketing research process.
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28
Telephone interviewing runs little risk of interviewer bias since the respondent cannot actually see the interviewer.
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Unlock Deck
k this deck
29
An MIS often consists of three separate components. Describe each of these.
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Unlock Deck
k this deck
30
Qualitative research is useful to gain insight into definitions and concepts.
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
31
Which of the following is NOT true of online research?

A) Online research is inexpensive.
B) Online research is fast.
C) People tend to be honest online.
D) Samples are never small or skewed.
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
32
Among the four contact methods: Mail, Telephone, Personal and Online, which one is the poorest in terms of costs?

A) Mail
B) Telephone
C) Personal
D) Online
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
33
Closed-ended questions include all possible answers from which the subjects must choose.
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Unlock Deck
k this deck
34
Among the four contact methods: Mail, Telephone, Personal and Online, which one is the poorest in terms of controlling the interviewer effect?

A) Mail
B) Telephone
C) Personal
D) Online
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
35
What does a typical marketing information system (MIS) do?
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Unlock Deck
k this deck
36
Among the four contact methods: Mail, Telephone, Personal and Online, which one is the best in terms of control of sample?

A) Mail
B) Telephone
C) Personal
D) Online
Unlock Deck
Unlock for access to all 40 flashcards in this deck.
Unlock Deck
k this deck
37
A sample is a segment of the population selected to represent the population as a whole.
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Unlock Deck
k this deck
38
Mail questionnaires are very expensive per respondent compared to other survey methods.
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Unlock Deck
k this deck
39
Primary data are simply the highest priority information used by the company to make decisions.
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Unlock Deck
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40
Among all of the various contact methods, which provides the worst response rate and least control of the sample? Which provides the most flexibility?
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Unlock Deck
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