Chapter 5 Flashcards

1
Q

Marketing Research

A

The systematic design, collection, interpretation, and reporting of information to help marketers solve specific marketing problems or take advantage of marketing opportunities.

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

Research Design

A

An overall plan for obtaining the information needed to address a research problem or issue.

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

Hypothesis

A

An informed guess or assumption about a certain problem or set of circumstances.

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

Exploratory Research

A

Research conducted to gather more information about a problem or to make a tentative hypothesis more specific.

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

Conclusive Research

A

Research designed to verify insights through objective procedures and to help marketers in making decisions.

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

Descriptive Research

A

Research conducted to clarify the characteristics of certain phenomena to solve a particular problem.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Experimental Research

A

Research that allows marketers to make causal inferences about relationships.

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

Reliability

A

A condition that exists when a research technique produces almost identical results in repeated trials.

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

Validity

A

A condition that exists when a research method measures what it is supposed to measure.

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

Primary Data

A

Data observed and recorded or collected directly from respondents.

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

Secondary Data

A

Data compiled both inside and outside the organization for some purpose other than the current investigation.

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

Population

A

All the elements, units, or individuals of interest to research for a specific study.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Sample

A

A limited number of units chosen to represent the characteristics of a total population.

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

Sampling

A

The process of selecting representatives units from a total population.

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

Probability Sampling

A

A type of sampling in which every element in the population being studied has a known chance of being selected for study.

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

Random Sampling

A

A form of probability sampling in which all units in a population have an equal chance of appearing in the sample, and the various events that can occur have an equal or known chance of taking place.

17
Q

Stratified Sampling

A

A type of probability sampling in which the population is divided into groups with a common attribute and a random sample is chosen within each group.

18
Q

Nonprobability Sampling

A

A sampling technique in which there is no way to calculate the likelihood that a specific element of the population being studied will be chosen.

19
Q

Quota Sampling

A

A nonprobability sampling technique in which researchers divide the population into groups and then arbitrarily choose participants from each group.

20
Q

Mail Survey

A

A research method in which respondents answer a questionnaire sent through the mail.

21
Q

Telephone Survey

A

A research method in which respondents’ answers to a questionnaire are recorded by an interview on the phone.

22
Q

Online Survey

A

A research method in which respondents answer a question via e-mail or on a website.

23
Q

Crowdsourcing

A

Combines the words crowds and outsourcing and calls for taking tasks usually performed by a marketer or researcher and outsourcing them to a crowd, or potential market, through an open call.

24
Q

Personal Interview Survey

A

A research method in which participants respond to survey questions face-to-face.

25
Q

In-Home (door-to-door) Interview

A

A personal interview that takes place in the respondent’s home.

26
Q

Focus-Group Interview

A

An interview that is often conducted informally, without a structured questionnaire, in small groups of 8 to 12 people, to observe interactions when members are exposed to an idea or a concept.

27
Q

Customer Advisory Boards

A

Small groups of actual customers who serve as sounding boards for new-product ideas and offer insights into their feelings and attitudes toward a firm’s products and other elements of its marketing strategy.

28
Q

Telephone Depth Interview

A

An interview that combines the traditional focus group’s ability to probe with the confidentiality provided by telephone surveys.

29
Q

Shopping Mall Intercept Interview

A

A research method that involves interviewing a percentage of individuals passing by “intercept” points in a mall.

30
Q

On-Site Computer Interview

A

A variation of the shopping mall intercept interview in which respondents complete a self-administered questionnaire displayed on a computer monitor.

31
Q

Statistical Interpretation

A

Analysis of what is typical and what deviates from the average.

32
Q

Marketing Information System (MIS)

A

A framework for managing and structuring information gathered regularly from sources inside and outside the organization.

33
Q

Database

A

A collection of information arranged for easy access and retrieval.

34
Q

Single-Source Data

A

Information provided by a single marketing research firm.

35
Q

Marketing Decision Support System (MDSS)

A

Customized computer software that aids marketing managers in decision making.