Filters
Question type

Study Flashcards

A customer service representative for a large financial institution noticed that several of the bank's customers had recently closed accounts and paid off loans long before the loans were due.He also noticed that most of the customers had closed their accounts shortly after a competitor had opened a new branch nearby.The fundamental source of this marketing problem might best be described as


A) a planned change in the marketing environment.
B) serendipity.
C) the presence of a new competitor.
D) an unplanned change in the marketing environment.
E) None of the above.

F) A) and B)
G) A) and E)

Correct Answer

verifed

verified

An explanation of the data sources and research methodology to be used in the research project should be included in the


A) research outline.
B) research request.
C) cost/benefit analysis of the project.
D) research proposal.
E) initial research prospectus.

F) A) and D)
G) A) and B)

Correct Answer

verifed

verified

The first step taken by a manager when selecting an outside research supplier should be


A) contacting other managers who use outside suppliers for their recommendations.
B) consulting the American Marketing Association's Guidebook of Research Suppliers.
C) deciding if the proposed research is really necessary.
D) soliciting research proposals from at least three suppliers.
E) soliciting research requests from at least three suppliers.

F) A) and B)
G) A) and C)

Correct Answer

verifed

verified

A strategy-oriented decision problem typically seeks to answer "how" questions about a problem/opportunity.

A) True
B) False

Correct Answer

verifed

verified

Serendipity,or chance ideas,as a source of marketing research problems,might arise from


A) customer complaint letters.
B) salesperson's call reports.
C) comments in trade publications.
D) customer calls to toll-free service assistance centers.
E) All of the above are sources of chance ideas.

F) A) and E)
G) C) and D)

Correct Answer

verifed

verified

Change that is proactive,or future-oriented,is known as


A) future shock.
B) active change.
C) planned change.
D) unanticipated change.
E) serendipitous change.

F) A) and D)
G) B) and D)

Correct Answer

verifed

verified

The primary purpose of requiring the decision maker to initial and date the written research request agreement is to


A) absolve the researcher of legal responsibility concerning the proposed research project.
B) assure the researcher of adequate funding for the proposed research project.
C) transfer responsibility for ethical research conduct to management.
D) ensure that research data will be used properly by the decision maker.
E) formalize and strengthen the agreement between researcher and decision maker on the objectives of the research.

F) D) and E)
G) A) and B)

Correct Answer

verifed

verified

A discovery-oriented decision problem is best defined as a


A) decision problem that typically seeks to answer "what" or "why" questions
B) restatement of the decision problem in research terms
C) decision problem that typically seeks to answer "how" questions
D) written statement that describes the marketing problem
E) All of the above.

F) A) and B)
G) A) and C)

Correct Answer

verifed

verified

A research proposal should be no more than 10 pages long.

A) True
B) False

Correct Answer

verifed

verified

Which of the following is FALSE?


A) Serendipity is the same thing as planned change.
B) Marketing problems develop from not only real marketing problems but also marketing situations called opportunities.
C) The marketing problem should be defined clearly so that research can be designed properly.
D) Change is a fundamental source of marketing problems.
E) None of these statements are false;they are all true.

F) B) and C)
G) A) and C)

Correct Answer

verifed

verified

Which of the following types of research should be avoided?


A) Sugging
B) Advocacy research
C) Research in which costs involved outweigh the benefits to be obtained
D) Only a and c.
E) All of the above.

F) B) and E)
G) A) and E)

Correct Answer

verifed

verified

The research proposal


A) is used primarily to summarize the problem definition process.
B) does not include proposed research methods.
C) provides the researcher another opportunity to make sure that the proposed research will provide information needed to address the decision problem.
D) should be no longer than two (2) pages.
E) cannot be changed once it has been accepted by the manager.

F) A) and B)
G) B) and E)

Correct Answer

verifed

verified

Which of the following sections would NOT appear in a research proposal?


A) Purpose and limits of the project
B) Research results
C) Data sources and research methodology
D) Estimate of time and personnel requirements
E) All of the above would appear in a research proposal.

F) B) and D)
G) C) and E)

Correct Answer

verifed

verified

One of the most common criticisms managers have of marketing research studies is that the findings are not "actionable."

A) True
B) False

Correct Answer

verifed

verified

"Death wish" research occurs when short cuts are taken.

A) True
B) False

Correct Answer

verifed

verified

The two fundamental sources of marketing research problems are


A) planned change and unplanned change.
B) Ineffective advertising and change.
C) poor sales and ineffective advertising.
D) Poor management and unplanned change.
E) technological advancement and customer suggestions.

F) B) and E)
G) A) and C)

Correct Answer

verifed

verified

Serendipity,or chance ideas,can be a source of marketing research problems.Discuss all the drivers or sources of this type of research.

Correct Answer

verifed

verified

Serendipity,or chance ideas,might arise ...

View Answer

Sugging is a blatantly unethical use of marketing research.

A) True
B) False

Correct Answer

verifed

verified

Which of the following statements is FALSE?


A) Under normal circumstances,poor problem formulation can be rescued by more sophisticated statistical analyses.
B) Misdefining the problem / opportunity can produce disastrous results for companies.
C) The best way to avoid researching the wrong problem is to delay the research until the problem is properly defined.
D) A "problem" confronting a company might also be viewed as an opportunity,and vice versa.
E) None of these statements are false;they are all true.

F) C) and D)
G) A) and E)

Correct Answer

verifed

verified

A decision problem is the problem/opportunity as seen by a(n)____________________.

Correct Answer

verifed

verified

Showing 21 - 40 of 45

Related Exams

Show Answer