Exam 7: Improving Decisions With Marketing Information

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A fast-food chain is redesigning its restaurants. One of the main questions facing the chain's management is, "Should the new restaurant design include a salad bar?" A researcher in the company finds an article in a restaurant trade magazine containing the results of a study about salad bars. The results indicate that salad bars are costly to maintain and are not a major attraction to consumers. Based on this information, management decides that it will not have a salad bar as part of the new restaurant design. This example illustrates the point 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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The Internet is an excellent source for primary data, but not secondary data.

(True/False)
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A ten-minute personal interview with a shopper in a shopping mall to determine shopping intentions is an example of:

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Which of the following statements about the cost and value of information is False?

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________________ ________________ utilizes qualitative and quantitative analysis procedures to help marketing managers make more informed decisions.

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Which of the following is NOT a good example of the observation method of marketing research?

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A consumer panel is a group of consumers who provide information on a continuing basis.

(True/False)
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One of the major disadvantages of the focus group interview approach is that

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Which of the following statements about using the Internet to gather secondary information is FALSE?

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Marketing research projects are conducted one-at-a-time, instead of routinely.

(True/False)
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Focus groups:

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Which of the following observations about the use of a marketing information system (MIS) is FALSE?

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The marketing manager at Massimino and McCarthy, a chain of retail stores that sells men's clothing, is reviewing marketing research data to try to determine if changes in marketing strategy are needed. Which of the following sources of data would be a secondary data source?

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A decision support system (DSS) is a computer program that makes it easy for a marketing manager to get and use information as he or she is making decisions.

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The function of marketing research is to develop and analyze new information to help marketing managers make better decisions.

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Qualitative research seeks clear yes or no answers.

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A complete marketing information system should:

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Marketing research experiments

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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.

(True/False)
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