Exam 8: Information Gathering and Processing in Retailing

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A retailer can generate data on merchandise turnover,order lead time,and availability of goods by examining _____.

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A

In an experiment,only the factor under investigation is manipulated;all other factors remain constant.

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True

A survey can be conducted through observation.

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False

A form of research in which present behavior or the results of past behavior are viewed and recorded is _____.

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An example of nonsystematic retailing research is _____.

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An example of primary data is information gathered from _____.

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Secondary data sources may be internal or external.

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Information previously gathered for other purposes than the problem or issue under study is _____.

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Experiments can be conducted in both laboratory and field (store)environments.

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Copies of all the data bases in a company are maintained in one location and accessible to employees at any locale through _____.

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A major advantage to the use of primary (versus secondary)data in solving a retail research problem is primary data's _____.

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Which problem definition topic is most likely to require primary data collection?

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An appropriate research technique for use when a retailer wants to determine consumers' perceptions of its store image and wishes to minimize bias is _____.

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The use of point-of-sale cash register-based data in conducting a study of fast-selling merchandise illustrates _____.

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Primary data need not be collected when secondary research is relevant,current,and reliable.

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The first stage in the problem definition process is examination of secondary data sources.

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The Universal Product Code (UPC)system allows a retailer to _____.

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The use of a survey and observation under controlled conditions most closely resembles _____.

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Sources of internal secondary data include budgets,profit-and-loss statements,customer billings,and prior company research.

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The process of generating,storing,and interpreting current sales figures by item has been greatly facilitated through the use of _____.

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