Exam 3: The Marketing Research Process & Defining the Problem and Research Objectives

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A retailer wants to understand the consequences of an increase in sales by baby boomers and a decrease in sales by millennials during the past 12 months.This is an example of:

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The value in characterizing the steps in the marketing research process is two fold.The first is that the steps give researchers and others an overview of the process.

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Managers who are more involved with the research process tend not to launch new products which fail in the marketplace.

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Research objectives should specify from whom the information should be gathered and exactly what information is needed.

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The success of a marketing research project depends on properly pinpointing a problem to formulate the situation analysis.

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As part of the research process,researchers develop a goal-oriented statement or question that specifies what information is needed to solve a problem.This is called:

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Ethical issues are of little concern to clients and researchers within the marketing research proposal process.

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Once the problem definition and research objectives development process have been formulated,it may be useful to determine action standards.

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A situation analysis should be conducted in which of the following circumstances?

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Managers often are aware of the need to work closely with the researcher,and this eases difficulties in identifying the real problem.

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Price changes,product modification or improvement,promotion of any kind,and adjustments in channels of distribution are examples of decision alternatives,which are all marketing actions the manager thinks may resolve the problem.

(True/False)
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Researchers realize that when they are formulating their research objectives,the information requested of respondents must be worded using the respondent's frame of reference.

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It is rare that client-side marketing researchers who are planning to conduct research on behalf of their own companies are required to submit proposals prior to conducting research.

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What is the name of the type of document that is routinely used in all business sectors when a firm desires supplier firms to present proposals or bids?

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The marketing research process contains multiple steps.The first step of the process is:

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A manager considers which actions may resolve the problem.Actions such as price changes,product modification or improvement,promotion of any kind,and adjustments in channels of distribution are examples of:

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Researchers understand that as they make decisions on how to proceed in the future,that it is poor research practice to go back and revisit a previous step.

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The first and one of the most critical elements of a proposal is:

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The research objective should not define how the construct being evaluated is measured.

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What is the document that the marketing researcher pledges to deliver as a result of the marketing research process?

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