Ch 3: Defining The Problem And Research Objectives Flashcards
A manager considers which actions may resolve the problem. Actions such as price changes, product modification or improvement, promotion of any kind, and adjustments in channels of distribution are examples of:
Decision alternatives
A marketing research proposal contains:
The timetable for a research project
A new use for a product is identified on social media or those in a target market would lile to have a service delivered to their doors. These would be examples of:
Identification of an opportunity
A research objective should specify:
From whom the information is to be gathered
A retailer may experience a decrease in sales over previous periods, a website begins losing traffic, or an advertising campaign does not reach its expected level of awareness. These situations are examples of:
Failure to meet objectives
A retailer wants to understand the consequences of an increase in sales by baby boomers and a decrease in sales by millennial during the past 12 months. This is an example of:
Problem statement
A situation analysis should be conducted in which of the following circumstances?
A client seeks help in properly defining the problem
A situation analysis is a form of _____ undertaken to gather background information and data that may be helpful in properly defining the problem decision
Exploratory research
Action standards entail making important decisions before data collection, but also:
Set clear guidelines for action after data collection
Action standards provide a path for:
Decision making