Jon is training Lee, a recent graduate who joined the marketing department.Their topic of discussion is multidimensional scaling (MDS), with respect to positioning maps.Jon explains that with MDS, rather than asking customers what is important in a given product or service, MDS simply starts by asking how similar two products or services are for every pair of products or services under consideration in the mapping.Jon's explanation is consistent with current marketing practices used today.
Correct Answer:
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Q1: Marketing research is quite rigid-there are only
Q2: Focus groups are typically used as exploratory
Q4: Marketing research should focus solely on the
Q5: Precision is an advantage of primary data.
Q6: Exploratory studies are used to obtain large-scale
Q7: Positioning studies are used to get a
Q8: Clustering techniques can process no more than
Q9: Perceptual maps are pictures of competing brands
Q10: It is quicker and cheaper to get
Q11: Marketing information should be gathered every two
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