Chapter 3 flashcards

1
Q

What are the types or research design?

A
  1. exploratory research
  2. descriptive research
  3. casual research
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is exploratory research?

A

Discover ideas and insights

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What is descriptive research?

A

Describing a population with
respect to important variables

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What is casual research?

A

Used to establish a cause and effect
relationships between variables

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Exploratory research is conducted to describe and provide a better
understanding of a particular situation:

A

o Not designed to come up with answers or decisions
o Typically leads researchers to a hypothesis

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What are the types of exploratory research?

A
  1. Literature Search
  2. Depth interviews
  3. Focus Groups
  4. Case Analyses
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What is literatrue search?

A

 Search of popular press, trade, and academic
literature or published statistics from
research firms or governmental agencies
 Fast and inexpensive
 All projects should start here

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What are depth interviews?

A

interviews with people knowledgeable about the subject

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What are the cons to depth interviews?

A

-expensive and time consuming
- requires well trained interviewers with high salaries
- requires researches with specfic skills to analyze the data.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

How is the method of depth interviews performed?

A

with netural probes during interview

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is laddering technique?

A

moving questions from functional benefits to higher order benefits.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What are the steps in the laddering technique?

A
  1. features
  2. product benefits
  3. consumer rewards
    4 emotional benefit
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is a foucs group?

A

a group discussion of 8-12 people that lasts 1-2 hours. Group should be homogenous on key characterisitcs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

what is the main benefit of a focus group?

A

less expensive than depth interviews

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What are the reasons to using focus groups?

A

-improve an existing product or service
 Best develop a new product or service concept
 Best develop marketing material, such as promotions and advertisements
 Improve the customer or employee experience

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What are the two major pitfalls of focus groups?

A

 It is easy for managers to see what they expect to see in focus group results
 Focus groups are one form of exploratory research and should not be expected to deliver final
results or answers to decision problems – yet many managers seem to use them for that purpose

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

What is case analysis?

A

Intensive study of selected examples of phenomenon

18
Q

What are the two frequently used techinques in case analysis?

A

Benchmarking; e.g., observing the behaviour of a competitor, reverse engineering
2. Ethnography; e.g., observing consumers during the course of their daily life

19
Q

What is descriptive research used for?

A

 Describe the characteristics of certain groups
 Determine the proportion of people who behave in a certain way
 Make specific predictions
 Determine relationships between variables

20
Q

Key questions descriptive research should attempt to answer

A

Who? What? When? Where? Why? How?

21
Q

What is longitudinal analysis?

A

Repeated measures, over time, of a fixed sample, e.g.; National Consumer Panel
(Nielsen)

22
Q

What are the two primary types of longitudinal analysis?

A
  1. Continuous panel – Fixed sample of respondents who are measured repeatedly over time with
    respect to the same variables
  2. Discontinuous panel – Fixed sample of respondents who are measured repeatedly over time with
    respect to different variables
23
Q

What is cross sectional study?

A

Single point in time measures of a sample selected from a population

24
Q

What is the difference between logitudinal study and cross sectional study?

A

longituduinal is repeated measures over time cross sectional is one time.

25
What is the advantages of a longitudinal study?
Accurate results for purchasing behaviour
26
What are the disadvantages of a longitudinal study?
-Sample is non-random less representative of population - Low cooperation rates
27
What are the advantages of a cross sectional study?
-Can target specific populations (e.g.; minorities) -Random samples
28
What are the disadvantages of a cross sectional study?
Reliance on memory less accurate results
29
What is casual research?
Condition X causes Event Y. Used to isolate relationships between variables. Point is to change x variables to see impact on y variables
30
What are the types of casual research?
1. laboratory experiment 2. field experiment
31
What is market testing?
It involves the use of a controlled experiment done in a limited, but carefully selected, section of the marketplace
32
What is standard market testing?
A test market in which the company sells the product through its normal distribution channels
33
What is an examle of standard test market?
Taco Bell test marketed its Grilled Stuft Burrito in Fresno, CA
34
What is controlled test market?
An entire test program conducted by an outside service in a market in which it can guarantee distribution
35
what is an example of controlled test market?
Behaviorscan from SymphonyIRI Group is a leading supplier of controlled test market services
36
What is simulated test market?
A study in which consumer ratings and other information are fed into a computer model that then makes projections about the likely level of sales for the product in the market
37
What is an example of simulated test market?
BASES from Nielsen is an industry leader in simulated test markets
38
What are the advantages of standard test market?
speed, cost, security, internal valdity.
39
What is the cons to standard market testing?
external validity and prediction accuracy
40
What is the benefits and cons of controlled test market?
does everything ok. 2 on every category out of a 1-3 scale
41
What is the benefits of simulated test market?
external validity and prediction accuracy.
42