Chapter 5: Marketing Research Flashcards

1
Q

Marketing research

A

The process of planning, collecting, and analyzing data relevant to a marketing decision.

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2
Q

Marketing research objective

A

Specific statement about the information needed to solve the research question.

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3
Q

Research design

A

A plan that specifies how to answer the research question and achieve the research objectives by laying out the research tools and techniques necessary to collect and analyze data.

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4
Q

Exploratory research

A

An informal discovery process that attempts to gain insights and a better understanding of the management and research problems.

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5
Q

Conclusive research

A

A more specific type of research that attempts to provide clarity to a decision maker by identifying specific courses of action.

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6
Q

Descriptive research

A

A type of conclusive research that attempts to describe marketing phenomena and characteristics.

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7
Q

Causal research

A

A type of conclusive research that focuses on the cause and effect of two variables and attempts to find some correlation between them.

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8
Q

Secondary data

A

Data previously collected for any purpose other than the one at hand.

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9
Q

Primary data

A

Information that is collected for the first time and is used for solving the particular problem under investigation.

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10
Q

Depth interview

A

An interview that involves a discussion between a well-trained researcher and a respondent who is asked about attitudes and perspectives on a topic.

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11
Q

Focus group

A

A small group of recruited participants engaged in a non-structured discussion in a casual environment.

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12
Q

Survey research

A

The most popular technique for gathering primary data, in which a researcher interacts with people to obtain facts, opinions, and attitudes.

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13
Q

Mall intercept interviews

A

Interviewing people in the common areas of shopping malls.

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14
Q

Computer-assisted personal interviewing

A

A technique in which the interviewer reads the questions from a computer screen and enters the respondent’s data directly into a computer.

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15
Q

Computer-assisted self-interviewing

A

A technique in which the respondent reads questions on a computer screen and directly keys his or her answers into a computer.

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16
Q

Central-location telephone (CLT) facility

A

A specially-designed phone room used to conduct telephone interviewing.

17
Q

Open-ended question

A

An interview question that encourages an answer phrased in the respondent’s own words.

18
Q

Closed-ended question

A

An interview question that asks the respondent to make a selection from a limited list of responses.

19
Q

Scaled-response question

A

A closed-ended question designed to measure the intensity of a respondent’s answer.

20
Q

Observation research

A

Watching people or phenomena in a controlled manner, through either human or machine methods.

21
Q

Mystery shoppers

A

Researchers posing as customers who gather observational data about a store.

22
Q

Ethnographic research

A

The study of human behaviour in its natural context; involves observation of behaviour and physical setting.

23
Q

Experiment

A

A method a researcher uses to gather primary data to determine cause and effect.

24
Q

Sample

A

A subset from a larger population.

25
Q

Probability sample

A

A sample in which every element in the population has a known statistical likelihood of being selected.

26
Q

Random sample

A

A sample arranged in such a way that every element of the population has an equal chance of being selected as part of the sample.

27
Q

Nonprobability sample

A

Any sample in which little or no attempt is made to have a representative cross-section of the population.

28
Q

Convenience sample

A

A form of nonprobability sample using respondents who are convenient, or readily accessible, to the researcher - for example, employees, friends, or relatives.

29
Q

Measurement error

A

An error that occurs when the information desired by the researcher differs from the information provided by the measurement process.

30
Q

Sampling error

A

An error that occurs when a sample does not represent the target population.

31
Q

Frame error

A

A sample drawn from a population that differs from the target population.

32
Q

Random error

A

A type of sampling error in which the selected sample is an imperfect representation of the overall population.

33
Q

Cross-tabulation

A

A method of analyzing data that shows the analyst the responses to one question in relation to the responses to one or more other questions.

34
Q

Big data

A

Large amounts of data collected from interactions with customers that reveal trends and patterns.

35
Q

Competitive intelligence

A

An intelligence system that helps managers assess their competition and vendors in order to become more efficient and effective competitors.

36
Q

Six steps in marketing research process

A

Identify the problem. Design the research. Collect the data. Analyze the data. Present the report. Provide followup.