Exam 7: Improving Decisions With Marketing Information
Exam 1: Marketing39s Value to Consumers, Firms, and Society376 Questions
Exam 2: Marketing Strategy Planning300 Questions
Exam 3: Evaluating Opportunities in the Changing Marketing Environment343 Questions
Exam 4: Focusing Marketing Strategy With Segmentation and Positioning224 Questions
Exam 5: Final Consumers and Their Buying Behavior333 Questions
Exam 6: Business and Organizational Customers and Their Buying Behavior244 Questions
Exam 7: Improving Decisions With Marketing Information236 Questions
Exam 8: Elements of Product Planning for Goods and Services359 Questions
Exam 9: Product Management and New-Product Development231 Questions
Exam 10: Place and Development of Channel Systems268 Questions
Exam 11: Distribution Customer Service and Logistics194 Questions
Exam 12: Retailers, Wholesalers, and Their Strategy Planning373 Questions
Exam 13: Promotion - Introduction to Integrated Marketing Communications324 Questions
Exam 14: Personal Selling and Customer Service277 Questions
Exam 15: Advertising, Publicity, and Sales Promotion328 Questions
Exam 16: Pricing Objectives and Policies275 Questions
Exam 17: Price Setting in the Business World258 Questions
Exam 18: Ethical Marketing in a Consumer-Oriented World: Appraisal and Challenges214 Questions
Exam 19: Economics Fundamentals76 Questions
Exam 20: Marketing Arithmetic134 Questions
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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:
(Multiple Choice)
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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?
(Multiple Choice)
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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:
(Multiple Choice)
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Which of the following statements about the cost and value of information is False?
(Multiple Choice)
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________________ ________________ utilizes qualitative and quantitative analysis procedures to help marketing managers make more informed decisions.
(Multiple Choice)
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Which of the following is NOT a good example of the observation method of marketing research?
(Multiple Choice)
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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
(Multiple Choice)
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Which of the following statements about using the Internet to gather secondary information is FALSE?
(Multiple Choice)
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Marketing research projects are conducted one-at-a-time, instead of routinely.
(True/False)
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Which of the following observations about the use of a marketing information system (MIS) is FALSE?
(Multiple Choice)
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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?
(Multiple Choice)
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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.
(True/False)
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The function of marketing research is to develop and analyze new information to help marketing managers make better decisions.
(True/False)
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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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