Marketing 346 - Market Research » Spring 2023 » Chapter 2 Connect Quiz

Need help with your exam preparation?

Question #1
Katie, a researcher, submits a document to Sayeed, the marketing manager of GK Corp. The document serves as a written contract between Katie and Sayeed and lists the activities that will be undertaken by Katie to develop the needed information for the research, the research deliverables, how long it will take, and what it will cost. In this scenario, Katie has most likely submitted ________.
A.   a methodology transcript
B.   a research design
C.   a research proposal
D.   a questionnaire design
E.   a final research report
Question #2
Which of the following statements is true about the information research process?
A.   It is especially useful when costs outweigh the value of the research.
B.   It narrows the applicability of the research process in solving organizational problems and creating opportunities.
C.   It is a systematic approach to collecting, analyzing, interpreting, and transforming data into decision-making information.
D.   It serves as a written contract between the decision maker and the researcher.
E.   A more appropriate name for the information research process is now the traditional marketing research process.
Question #3
Which of the following helps generate insights that will help define the problem situation confronting a researcher?
A.   Descriptive research
B.   Narrative research
C.   Demographic research
D.   Causal research
E.   Exploratory research
Question #4
While designing a study, a researcher wonders if she should ask the respondents their age and gender. She is not sure if she will need that information later in the research process. She is trying to ________.
A.   conduct a situation assessment for her study
B.   confirm the information value
C.   determine the relevant variables for her study
D.   identify the symptoms and underlying problems of her study
E.   determine the correct unit of analysis for her study
Question #5
________ is information collected specifically for a current research problem or opportunity.
A.   Warehouse data
B.   Primary data
C.   Backup data
D.   Secondary data
E.   Alternate data
Question #6
Marketing research plays a critical role in developing competitive intelligence.
A.   True
B.   False
Question #7
________ specifies whether data should be collected about individuals, households, organizations, departments, geographical areas, or some combination.
A.   The unit of analysis
B.   Integrated analysis
C.   Cost-benefit analysis
D.   Symptom analysis
E.   Situation analysis
Question #8
In the research process, knowledge is created through engaged and careful interpretation of results.
A.   True
B.   False
Question #9
The last phase of the research process is reporting the research findings to management.
A.   False
B.   True
Question #10
In the context of marketing research, the iceberg principle states that
A.   a researcher must determine the types of data that will best answer each research question before redefining a problem into research questions.
B.   the importance of marketing research is often underestimated in organizations, and what people see is only a small part of a much bigger support system.
C.   managers are unaware of a large portion of the true research problem as this portion is generally not visible to them.
D.   data become knowledge when someone, either a researcher or a decision maker, interprets the data and attaches meaning.
E.   80 percent of the marketing research budget of a company is typically spent on solving 20 percent of the problems facing the company.

Need help with your exam preparation?