Chapter 3 Terms Flashcards
11 step process
- ) Establish the need for marketing research
- ) Define the problem
- ) Establish research objectives
- ) Determine research design
- ) Identify information types and sources
- ) Determine methods of accessing data
- ) Design data collection forms
- ) Determine the sample plan and size
- ) Collect data
- ) Analyze data
- ) Prepare and present the final research report
Descriptive research
Describe marketing phenomena…
Exploratory research
Form of casual, informal research that is undertaken to learn more about the research problem, learn terms and definitions, or identify research priorities.
Causal research
Attempt to uncover what factor or factors cause some event.
Primary information
Collected specifically for the problem at hand
Secondary information
Information already collected
Sample plans
Describe how each sample element, or unit is to be drawn from the total population.
Sample size
How many elements of the population…
Field services firms
Companies that specialize in data collection
Data analysis
To use statistical tools to present data in a form that satisfies the research objectives.
Research objectives
Specific and tell the researcher exactly what info must be collected to solve the problem by facilitating selection of a decision alternative.
Marketing opportunity
An area of buyer need or potential interest in which a company can perform profitably.
Symptoms
Changes in the level of some key monitor that measures the achievement of an objective.
Situation analysis
Form of exploratory research undertaken to gather background info and gather data pertinent to the problem area that may be helpful in properly defining the problem decision.
Probable causes
Most likely factors giving rise to the symptom(s)