Exam 8: Improving Decisions With Marketing Information

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The observing method in marketing research:

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When focus group interviews are used in marketing,

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When a marketing manager scans a firm's MIS to try to obtain information about why the firm's product sales are down, this is an example of a(n):

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Marketing research:

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A typical cost for a focus group interview of 6 to 10 participants is about:

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Focus groups are popular in both consumer and business markets.

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Use of the scientific method in marketing research forces researchers to use an orderly process.

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Which of the following is NOT an advantage of telephone surveys?

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A situation analysis is a formal study of what information is already available in the problem area.

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Use of the scientific method in marketing research helps managers make the best decisions possible.

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The ______________ method is an information gathering method in which the responses of groups which are similar--except on the characteristic being tested--are compared.

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Response rate is the percentage of people contacted who complete a given questionnaire.

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One of the major disadvantages of the focus group interview approach is that

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When a Walmart clerk checks out a customer by scanning the bar codes of items in the customer's shopping basket, this is an example of what type of research?

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Mail surveys:

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The percent of people contacted in a survey who complete a questionnaire is the:

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In small companies,

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Defining the problem is often the most difficult step in the marketing research process.

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Which method of quantitative research would probably produce the best results when the questions are simple and require only quick "yes" or "no" answers?

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In the experimental method, researchers compare the responses of two or more groups that are similar even on the characteristic being tested.

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