Marketing 346 - Market Research » Spring 2023 » Chapter 1 SmartBook Reading Assignment

Need help with your exam preparation?

Question #1
In the context of the growing complexity of marketing research, which of the following terms describes the large and complex datasets that information technology allows organizations to collect and store?
A.   Edge computing
B.   Data matrix
C.   Internet of Things
D.   Big data
Question #2
What are the uses of information gathered through marketing research? (Check all that apply.)
A.   It helps an organization minimize the impact of marketing as a business process.
B.   It helps an organization develop and evaluate marketing actions. It helps an organization identify and define market-driven opportunities and problems.
C.   It helps an organization shift the focus from its customers to its employees.
Question #3
Arrange the tasks of marketing research in the correct order of occurrence.
A.   1. Designing methods for gathering information 2. Managing the process of collecting information 3. Examining and interpreting the outcomes of the information collection process 4. Communicating the outcomes of the information collection process to decision makers
B.   1. Designing methods for gathering information 2. Communicating the outcomes of the information collection process to decision makers 3. Examining and interpreting the outcomes of the information collection process 4. Managing the process of collecting information
C.   1. Examining and interpreting the outcomes of the information collection process 2. Communicating the outcomes of the information collection process to decision makers 3. Managing the process of collecting information 4. Designing methods for gathering information
D.   1. Designing methods for gathering information 2. Examining and interpreting the outcomes of the information collection process 3. Managing the process of collecting information 4. Communicating the outcomes of the information collection process to decision makers
Question #4
Marketing research is applicable to problems involving the four Ps. What are the four Ps of marketing? (Check all that apply.)
A.   Personnel, Product, Partnership
B.   Promotion, Personnel, Place
C.   Price, Promotion, Place, Product
D.   Partnership, Place, Price
Question #5
What are the fundamental questions that product testing attempts to answer? (Check all that apply.)
A.   How can a product be improved to exceed customer expectations? How does a product perform for a customer?
B.   How can a customer help make distribution decisions in marketing? How does a product perform for a customer?
C.   How does the price of a product differ from the price of a competitor's product? How can a product be improved to exceed customer expectations?
D.   How does the price of a product differ from the price of a competitor's product? How can a customer help make distribution decisions in marketing?
Question #6
A technique often used to represent the relative position of products in two or more dimensiones important for consumers when making purchase choices is known as Blank______.
A.   closed-loop marketing
B.   social loafing
C.   perceptual mapping
D.   lead nurturing
Question #7
Research investigations that focus on topics such as trade area analysis, store image or perception, in-store traffic patterns, and location analysis are known as __________
A.   retailing research
B.   trade research
C.   market research
D.   behavioral research
Question #8
In the context of the growing complexity of marketing research, match the storage locations of big data with their descriptions Instructions: Database
A.   It is a collection of the latest data that is organized for efficient retrieval and analysis.
B.   It provides access and analysis of collections of historical data from different sources throughout a company.
Question #9
In the context of the growing complexity of marketing research, match the storage locations of big data with their descriptions Instructions: Data warehouse
A.   It is a collection of the latest data that is organized for efficient retrieval and analysis.
B.   It provides access and analysis of collections of historical data from different sources throughout a company.
Question #10
According to the American Marketing Association, the function that links an organization to its market through the gathering of information is known as ________
A.   affiliate marketing
B.   retailing research
C.   shopper marketing
D.   marketing research
Question #11
Identify a true statement about marketing research.
A.   It is a systematic process.
B.   It seldom helps an organization identify new product opportunities.
C.   It considers marketing a social process rather than a business process.
D.   It minimizes the focus on customers.
Question #12
Identify the true statements about marketing research. (Check all that apply.)
A.   Marketing research uses the social sciences for methods and theory. Marketing research is used to study consumers and potential consumers in detail, which includes their attitudes, behaviors, and media consumption.
B.   Marketing research relies primarily on branded methods offered by research firms that seldom provide information about how the methods work. Marketing research uses the social sciences for methods and theory.
C.   Marketing research methodologies lack diversity. Marketing research relies primarily on branded methods offered by research firms that seldom provide information about how the methods work.
D.   Marketing research methodologies lack diversity. Marketing research is used to study consumers and potential consumers in detail, which includes their attitudes, behaviors, and media consumption.
Question #13
Much retailing research concentrates on database development using optical scanning at the point of purchase because retailing Blank______.
A.   is a high customer-contact activity
B.   focuses solely on test marketing
C.   focuses solely on mobile marketing
D.   is a low customer-contact activity
Question #14
Melanie browses the online shopping website bellclothing.com for formal shirts. Later, when she logs into her account on a social media website, she sees display ads for a specific brand of formal shirts that are available on bellclothing.com. This scenario best illustrates the concept of Blank______.
A.   perceptual mapping
B.   curbstoning
C.   frugging
D.   behavioral targeting
Question #15
Marketing to consumers based on research of the entire process consumers go through when making a purchase is known as Blank______.
A.   affiliate marketing
B.   benchmarking
C.   curbstoning
D.   shopper marketing
Question #16
In the context of examining the performance of promotional programs, marketing researchers must Blank______.
A.   use a branded "black box" methodology
B.   develop meaningful metrics to measure the return on advertising dollars spent and then gather the data for those metrics
C.   deanonymize customer data by combining publicly available information to determine consumers' identities
D.   engage in the practice of curbstoning
Question #17
An important element of market segmentation research is benefit and lifestyle studies that analyze Blank______.
A.   similarities and differences in consumers' requirements
B.   branded "black-box" methodologies offered by research firms
C.   the drawbacks and benefits of do-it-yourself (DIY) research
D.   the policies of firms that engage in unethical pricing
Question #18
  _________ __________involves displaying ads at one website based on a user's previous surfing behavior.
A.   shopper marketing
B.   Behavioral targeting
C.   trade research
D.   retailing research
Question #19
Marketing researchers have learned from an important theory, which comes from services marketing research, that some characteristics are important to consumers across a wide variety of services contexts. What are those characteristics? (Check all that apply.)
A.   Diligence and abjection, Reliability and empathy
B.   Responsiveness, Reliability and empathy, Tangibles, Assurance
C.   Fluctuations, Responsiveness
D.   Fluctuations, Tangibles, Assurance
Question #20
What is the motive of shopper research?
A.   To effectively use perceptual mapping to position a product
B.   To assist manufacturers and retailers understand the entire process consumers experience in making a purchase
C.   To help consumers learn how similar or dissimilar a group of relevant brands or products is to each other
D.   To minimize the use of shopper marketing strategies and tactics
Question #21
What are the advantages of keeping the marketing research function of a firm internal?
A.   Research method consistency, Increased use of curbstoning, Reduced research costs results, Shared information across a firm
B.   Research method consistency, Capacity to generate actionable research, Reduced research costs results, Ability to minimize the impact of company politics
C.   Research method consistency, Capacity to generate actionable research, Reduced research costs results, Shared information across a firm
D.   Increased use of curbstoning, Capacity to generate actionable research, Ability to minimize the impact of company politics, Shared information across a firm
Question #22
In the context of market segmentation research, the purpose of benefit and lifestyle studies is to Blank______.
A.   use branded "black-box" methodologies offered by research firms
B.   utilize the technique of curbstoning to gather information about retailers and wholesalers
C.   gather information about customer characteristics, product benefits, and brand preferences
D.   gather information about firms that engage in unethical pricing
Question #23
Match the theories that are important to the field of marketing with their descriptions. Adoption and diffusion theory
A.   Explains the reasons why consumers are much more likely to buy after sampling from a set of 6 versus 24 flavors
B.   Explains the ways in which new products are developed and spread through the market and the characteristics of products and firms that help or inhibit the development
Question #24
Match the theories that are important to the field of marketing with their descriptions. Information overload theory
A.   Explains the ways in which new products are developed and spread through the market and the characteristics of products and firms that help or inhibit the development
B.   Explains the reasons why consumers are much more likely to buy after sampling from a set of 6 versus 24 flavors
Question #25
A typical feature of internal research providers of a firm is that they Blank______.
A.   are more objective than the firm's external research suppliers
B.   lack the ability to produce actionable research results
C.   are organizational elements that reside within the firm
D.   lack the quality of research method consistency
Question #26
Researchers primarily use benefit and lifestyle studies to Blank______.
A.   identify the firms that engage in unethical pricing
B.   minimize the use of shopper marketing
C.   spot two or more segments within the market for a specific firm's products
D.   understand how similar or dissimilar a group of relevant products is to each other
Question #27
Which of the following are true of external marketing research suppliers of a company?
A.   They are typically less objective and more subject to company regulations than internal suppliers. They execute all aspects of research, such as study design, questionnaire production, interviewing, data analysis, and report preparation.
B.   They are typically less objective and more subject to company regulations than internal suppliers. They provide benefits such as research method consistency, shared information across the company, and lower research costs than internal suppliers.
C.   They function on a fee basis and usually submit a research proposal to the company for evaluation and decision purposes. They execute all aspects of research, such as study design, questionnaire production, interviewing, data analysis, and report preparation.
D.   They provide benefits such as research method consistency, shared information across the company, and lower research costs than internal suppliers. They function on a fee basis and usually submit a research proposal to the company for evaluation and decision purposes.
Question #28
Match the types of marketing research firms with their descriptions. Standardized research firms
A.   They provide general services and follow an established, common approach in research design so that results of a study conducted for one client can be compared to norms.
B.   They provide specialized, highly tailored services to clients and many of these firms focus their activities on one specific area.
Question #29
Match the types of marketing research firms with their descriptions. Customized research firms
A.   They provide general services and follow an established, common approach in research design so that results of a study conducted for one client can be compared to norms.
B.   They provide specialized, highly tailored services to clients and many of these firms focus their activities on one specific area.
Question #30
Services provided by standardized research firms that include data made or developed from a common data pool or database are known as _______ _______ services.
A.   shopper marketing
B.   affiliate marketing
C.   syndicated business
Question #31
In the context of marketing research, identify a true statement about a firm's external research suppliers.
A.   They are generally known as marketing research suppliers.
B.   They are typically more subject to company regulations than internal marketing research providers.
C.   They are typically more subject to company politics than internal marketing research providers.
D.   They are generally business units that reside within the firm.
Question #32
A database set up through retail optical scanner methods is a prime example of ______.
A.   the technique of sugging
B.   the technique of frugging
C.   a customized research service
D.   a syndicated business service
Question #33
Based on a survey of marketing research executives, what are the most essential skills that executives expect to see in applicants for marketing research positions? (Check all that apply.)
A.   Foreign-language competency, Information technology proficiency, Passive–aggressive communication skills, The capacity to understand and decipher secondary data
B.   Foreign-language competency, Information technology proficiency, Presentation and negotiation skills, The ability to manipulate research data based on self-interest
C.   Foreign-language competency, Information technology proficiency, Presentation and negotiation skills, The capacity to understand and decipher secondary data
D.   Foreign-language competency, The ability to manipulate research data based on self-interest, Presentation and negotiation skills, The capacity to understand and decipher secondary data
Question #34
Identify a true statement about branded "black-box" methodologies.
A.   A research firm usually forces clients to choose black-box methodologies if they lack sufficient insight into a method's strengths prior to purchase.
B.   They comprise proprietary scaling, sampling, sample correction, data collection methods, market segmentation, and specialized indexes.
C.   They focus solely on sample development and brand-name selection.
D.   The information about how these methodologies work is provided by research firms.
Question #35
Curbstoning, which is a practice of data falsification in research, is also known as Blank______.
A.   closed-loop marketing
B.   sugging
C.   frugging
D.   rocking-chair interviewing
Question #36
Identify an example of abuse of respondents in marketing research.
A.   Cygnus Research reneges on its promise to pay $50 to respondents after they complete the questionnaires.
B.   Sirius Data Matrix uses trained observers to make up "observed" respondents' behaviors.
C.   Alzirr Research debriefs the subjects of an experimental study on a deceptive claim it made at the beginning of the study.
D.   Antares Inc. consciously manipulates the research methodology to prove a predetermined conclusion for a study.
Question #37
According to the Bureau of Labor Statistics, it is important for a market and survey researcher to be Blank______.
A.   materialistic and compulsive
B.   overcritical and belligerent
C.   meticulous, patient, and persistent
D.   self-oriented, creative, and innovative
Question #38
____ _____ ____ methodologies are defined as the methodologies offered by a research firm that is branded and does not provide information about how these methodologies work
A.   rocking-chair interviewing
B.   closed-loop marketing
C.   Branded black box

Need help with your exam preparation?