Deck 5: Managing Customer Information to Gain Customer Insights
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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) 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
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) 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.
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.
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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
A) Primary data
B) Secondary data
C) Tertiary data
D) None of the above
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6
________ is the most widely used method of primary data collection.
A) Experimental research
B) Survey research
C) Causal research
D) Observational research
A) Experimental research
B) Survey research
C) Causal research
D) Observational research
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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
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
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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
A) An open-ended survey
B) An unstructured survey
C) A qualitative survey
D) A close-ended survey
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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
A) Marketing research
B) Marketing database management
C) Market segmentation analysis
D) Customer oriented marketing
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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?
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?
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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
A) Exploratory research
B) Data research
C) Descriptive research
D) Casual research
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12
"Customers" who are in reality undercover employees of hotel management are called:
A) Auditors
B) Identifiers
C) Spies
D) Mystery shoppers
A) Auditors
B) Identifiers
C) Spies
D) Mystery shoppers
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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
A) Exploratory research
B) Data research
C) Descriptive research
D) Casual research
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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
A) Personal surveying
B) Internet surveying
C) Mail surveying
D) Telephone surveying
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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
A) Exploratory research
B) Data research
C) Descriptive research
D) Casual research
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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
A) Descriptive research
B) Exploratory research
C) Experimental research
D) Causal research
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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
A) Doing primary research
B) Acquiring employee information
C) Capturing guest history information
D) Forecasting sales
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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
A) 80; 20
B) 20; 80
C) 26; 82
D) 82; 26
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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
A) Primary research
B) Experimental research
C) Survey research
D) Tertiary research which combines both primary and secondary research
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20
CRM stands for:
A) Customer Revenue Management
B) Customer Relationship Marketing
C) Customized Relationship Management
D) Customer Relationship Management
A) Customer Revenue Management
B) Customer Relationship Marketing
C) Customized Relationship Management
D) Customer Relationship Management
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21
Descriptive research gathers preliminary information that will help define the problem and suggest hypotheses.
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22
Experimental research is best suited for gathering causal information.
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23
Provide the advantages/benefits of each of the contact methods.
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24
One recent study found that managers lose as much as three hours a day looking for the right information.
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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
A) Simple random sample
B) Stratified random sample
C) Convenience sample
D) Judgment sample
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26
Interpretations of research findings need to be left entirely to the researcher.
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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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29
An MIS often consists of three separate components. Describe each of these.
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30
Qualitative research is useful to gain insight into definitions and concepts.
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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.
A) Online research is inexpensive.
B) Online research is fast.
C) People tend to be honest online.
D) Samples are never small or skewed.
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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
A) Mail
B) Telephone
C) Personal
D) Online
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33
Closed-ended questions include all possible answers from which the subjects must choose.
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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
A) Mail
B) Telephone
C) Personal
D) Online
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35
What does a typical marketing information system (MIS) do?
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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
A) Mail
B) Telephone
C) Personal
D) Online
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37
A sample is a segment of the population selected to represent the population as a whole.
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38
Mail questionnaires are very expensive per respondent compared to other survey methods.
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39
Primary data are simply the highest priority information used by the company to make decisions.
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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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