Chapter 4 Flashcards
Most marketing managers are overloaded and overwhelmed with data due to ?
the recent explosion of IT
____ consists of people and procedures
Marketing information system
MIS is used to ___
Assess information needs
A MIS user should most likely be able to?
Develop customer insights
Information is a companies database can come from many sources, one advantage of information is ___
gain competitive advantage
____ is the systematic collection and analysis of publicly available information.
competitive marketing intelligence
____ is the systematic design, analysis, reporting of data relevant to a specific marketing situation.
Marketing research
1st step in marketing research process?
Defining the problem and objective of the study
____ research objective is to gather preliminary information to help define the problem.
Exploratory
Information collected from search engines is an example of?
Secondary research