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Exam (elaborations)

MAR2023 Ch9 (1

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Exam of 7 pages for the course Biology 348 at Biology 348 (MAR2023 Ch9 (1)

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  • July 18, 2024
  • 7
  • 2023/2024
  • Exam (elaborations)
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lydiaomutho
MAR2023 Ch9
________ is the process of defining a marketing problem and opportunity,
systematically collecting and analyzing data, and recommending actions. -
CORRECT ANSWER-marketing research

the steps in the marketing research approach - CORRECT ANSWER-define the
problem, develop the research plan, take marketing actions

Setting the research objectives and identifying possible marketing actions are things
that would be completed in which step in the marketing research approach? -
CORRECT ANSWER-define the problem

In setting research objectives, marketers have to ______. - CORRECT ANSWER-be
clear on the purpose of the research

_________ research provides ideas about a relatively vague problem or question. -
CORRECT ANSWER-exploratory

Marketing research begins with ______. - CORRECT ANSWER-defining a marketing
problem

two factors are likely to be a part of descriptive research? - CORRECT
ANSWER-finding the frequency with which something occurs and finding the extent
of a relationship between two factors

As it pertains to the marketing research process, what are the two key elements of
defining the problem? - CORRECT ANSWER-identifying possible marketing actions
setting the research objectives

Research ________ are specific, measurable goals the decision maker seeks to
achieve in conducting the marketing research. - CORRECT ANSWER-objectives

In defining a problem, it is important to develop specific measures of success
because these ultimately lead to ______. - CORRECT ANSWER-specific marketing
actions to be taken

Marketing research includes which of the following? - CORRECT
ANSWER-collecting data
analyzing data
recommending action

, _______ research generally involves trying to find the frequency with which
something occurs or the extent of a relationship between two factors. - CORRECT
ANSWER-descriptive

Criteria or standards used in evaluating proposed solutions to the problem are
known as ______. - CORRECT ANSWER-measures of success

A constraint in a decision is ______. - CORRECT ANSWER-a restriction placed on
potential solutions to a problem

The second step in the marketing research approach involves developing the
research plan. This includes specifying the ________ surrounding the research
activity, and identifying the ________ needed for marketing decisions. - CORRECT
ANSWER-constraints; data

Which characteristic is most important in identifying which data to collect for
marketing research? - CORRECT ANSWER-data that is relevant to decisions for
marketing actions

Concepts and methods are key elements to consider when deciding how to
________ for marketing research. - CORRECT ANSWER-collect data

Marketing researchers may develop a new-product ________, a picture or verbal
description of a product or service the firm might offer for sale. - CORRECT
ANSWER-concept

What is the goal of effective marketing research studies? - CORRECT ANSWER-to
collect data that will lead to effective marketing actions

Data can be defined as ______. - CORRECT ANSWER-facts and figures related to
the research problem

Which two are key elements in deciding how to collect data for marketing research? -
CORRECT ANSWER-methods
concepts

________ are facts and figures that have already been recorded before the project
at hand. - CORRECT ANSWER-Secondary data

In marketing, ________ are ideas about products and services, and they are a key to
deciding how to collect research data. - CORRECT ANSWER-concepts

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