100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MARK 223 CH. 2 (1) $7.99   Add to cart

Exam (elaborations)

MARK 223 CH. 2 (1)

 2 views  0 purchase
  • Course
  • Institution

Exam of 10 pages for the course GPSTC Class 290 at GPSTC Class 290 (MARK 223 CH. 2 (1))

Preview 2 out of 10  pages

  • July 18, 2024
  • 10
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
MARK 223 CH. 2
While every step in a marketing research project is important, ________ is the most
important step.
A) problem definition
B) problem correction
C) research design formulation
D) report generation and presentation
E) project completion - CORRECT ANSWER-A

According to the problem definition and approach development process as given in
the text, the tasks involved in problem definition consist of all of the following
EXCEPT ________.
A) discussions with the decision makers
B) interviews with industry experts
C) analysis of project costs
D) analysis of secondary data - CORRECT ANSWER-C

According to the problem definition and approach development process as given in
the text, the tasks involved in problem definition consist of all of the following
EXCEPT ________.
A) discussions with the decision makers
B) interviews with industry experts
C) analysis of project schedule
D) analysis of secondary data
E) qualitative research - CORRECT ANSWER-C

According to the problem definition and approach development process as given in
the text, the tasks involved in problem definition consist of ________.
A) discussions with the decision makers
B) estimates of expected results
C) analysis of project costs
D) recommendations for decision makers
E) all of the above - CORRECT ANSWER-A

According to the problem definition and approach development process as given in
the text, the tasks involved in problem definition consist of ________.
A) secondary data analysis
B) experimentation
C) budgeting of the project
D) scheduling of the project
E) all of the above - CORRECT ANSWER-A

, A statement of the management decision problem and a broad statement of
marketing research problem and identification of the specific components is called
________.
A) problem correction
B) problem definition
C) hypotheses generation
D) problem audit
E) project conceptualization - CORRECT ANSWER-B

Michael Dell of Dell Computers wants his company to take market share from
Hewlett-Packard and Apple in the category of printers. As his marketing research
director, which of the following would NOT be part of the tasks involved in
formulating the marketing research problem to support Dell's strategic initiative in
selling printers?
A) qualitative research
B) interviews with experts
C) secondary data analysis
D) discussions with Michael Dell
E) composing the research design - CORRECT ANSWER-E

The ________ provides a useful framework for interacting with the decision maker
and identifying the underlying causes of the problem.
A) problem audit
B) management problem
C) problem definition
D) research presentation
E) none of the above - CORRECT ANSWER-A

To identify the underlying causes of the problem, the researcher should ________.
A) conduct a problem audit
B) define the management decision problem
C) assess what past research was done for the firm
D) assess competitor success
E) all of the above - CORRECT ANSWER-A

________ is a comprehensive examination of a marketing problem to understand its
origin and nature.
A) Problem definition
B) Problem correction
C) Hypotheses generation
D) Research directive
E) Problem audit - CORRECT ANSWER-E

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller lydiaomutho. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79373 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (0)
  Add to cart