Ch. 8 Flashcards

1
Q

Characteristics of research objectives

A
  • exploratory research: finding out legos are complicated for middle schoolers
  • descriptive: interest ing legos in middle school kid vs highschoolers
  • casual: putting together legos quickly in order to do tricks and thus child is satisfied
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2
Q

Sampling

A

Asking a group of distributors, customers, or prospects questions

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3
Q

Statistical inference

A

Generalize results from sample to much larger distributors, customers, or prospects to help decide on marketing action.

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4
Q

Primary data

-def

A

Facts and figures that are newly collected for the project

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5
Q

Secondary data

A

Facts and figures already figured out before project

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6
Q

Advantages and disadvantages of secondary data

A

Advan- saves time
Low cost or free

Disadvantages-

  • data out of date
  • Definitions or categories arent right for project
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7
Q

Survey question formats : open ended question

A

Allows respondents to express opinion, idea, or behaviors without predetermined choices

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8
Q

Survey question formats : Close ended questions

A

Selecting one or more options from predetermined choices

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9
Q

Survey question formats : dichotomous questions

A

Yes or no questions

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10
Q

Survey question formats : semantic differential scale

A

Five point scale in which opposite ends have opposite adjectives

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11
Q

Survey question formats : lickhert scale

A

Indicates scale on which person agrees

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12
Q

Market research

A

Defining a market problem and opportunity, systematically collecting and analyzing info, abd recommending actions

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