Exam 3: The Marketing Research Industry

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Deontologists and teleologists have similar views as to what is ethical and unethical.

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Because recruiting and maintaining a panel of willing respondents is expensive and time consuming, "panel equity," or the value represented by the panel, will likely become more important in the future.

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Research suppliers may be thought of as consisting of two groups: internal suppliers and external suppliers.

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Respondent cooperation rates have gone down in the marketing research industry.

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Which of the following reports a list of marketing research firms ranked in terms of revenues from U. S. operations only?

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French research company, Le Calc, is noted for having expert data analysis capabilities. The firm operates throughout Europe, Asia, and the United States. London-based Sterling Research is a data collection firm operating in Europe and United States. Sterling has more than 400 data collection facilities including phone banks and mall intercept locations. Sterling is considering a contract with Le Calc where they will form a new entity, Marketing Research Consultants, Ltd. The business model is to hire several dozen top-level marketing research consultants who will then use the data collection services of Sterling and the data analysis services of Le Calc. The contract represents:

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Certification of marketing researchers means:

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An example of deception in marketing research is to observe shoppers in a supermarket without their permission.

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Marketing researchers have experienced ethical dilemmas doing research on which of the following products?

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"Phony RFPs" are considered unethical.

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External supplier firms may be classified into the two categories of full-service and field data service firms.

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External suppliers organize themselves in different ways, including by function (data analysis, data collection, etc.), by type of research application (customer satisfaction, ad effectiveness, etc.), by geography, by customer, or by a combination of these.

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In 2004, Mack Mitchell, owner of Mitchell Helicopters, decided he needed marketing research conducted before he made a decision that would change the total strategic direction of his company. Mack was convinced that the future market was not for the large, very expensive helicopters the industry had been providing the market for more than 50 years. Rather, he envisioned a significant market of small, single-seat helicopters that would be used by high-income business executives to commute in large cities where commuting was becoming increasingly difficult. To be successful, Mitchell knew that this involved much more than designing and building a small helicopter. It also meant that buyers would have to make infrastructure changes by installing safe-landing pads at home and at work. If he was right, Mitchell would be embarking on a major change for the company; a change that would put the financial stability of the company at risk. Because it was such a major decision, Mitchell wanted research to confirm or disconfirm his decision. Remember we are assuming this situation occurred several years ago in 2004. In 2004, Mitchell would have been hampered in deciding which marketing research to hire for this important decision because:

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Which of the issues below best illustrates researchers falsifying data in order to make the findings consistent with predetermined points of view:

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Don E. Schultz, consultant, suggests that both marketing and marketing research have lost importance in the organization. Schultz believes the two reasons underlying this loss of importance are overemphasis on supply chain management and organizational structure. By organizational structure, Schultz means that marketing is just one of several functional departments, each of which is limited to its own knowledge and skills and operating within a "silo," meaning that it has little interaction with other departments. Which of the following best illustrates why Schultz believes overemphasis of supply chain management has detracted from the proper influence marketing should have in the organization?

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What are the two primary philosophies regarding ethical behavior?

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Some suggested remedies for some of the problems we see in the marketing research industry are:

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Certification, such as the PRC, applies to individuals. Accreditation applies to an organization such as the marketing research firm.

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Which of the following types of marketing research firms would be considered "limited service" firms?

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Professional organizations try to prescribe ethical behavior for members by creating:

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