Ch9 Market Research Test

Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Standards-aligned
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18 questions
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1.
FLASHCARD QUESTION
Front
Pepsi changed from glass bottles to plastic bottles and wanted to measure what the effect of a packaging change would be on sales. Pepsi used market research to test the impact on sales. Which of the following roles of marketing research is described in this example?
Back
Diagnostic
2.
FLASHCARD QUESTION
Front
The most important use of marketing research is that _______.
Back
it can help managers serve both current and future customers accurately and efficiently
3.
FLASHCARD QUESTION
Front
Since marketing research is a main data source for management information systems, _______.
Back
the findings of marketing research become data for management decision making
4.
FLASHCARD QUESTION
Front
_______ refers to determining what information is needed and how that information can be obtained efficiently and effectively.
Back
The marketing research problem
5.
FLASHCARD QUESTION
Front
Which of the following defines the specific information needed to solve a marketing research problem that will provide insightful decision-making information? Options: The marketing research problem, The management decision problem, The marketing research objective, Secondary data
Back
The marketing research objective
6.
FLASHCARD QUESTION
Front
Shinn Company looks at the previously collected data over the last three years on consumer preferences in mouthwash and looks to social media to see what customers are saying about its products. This is an example of _______.
Back
secondary data
7.
FLASHCARD QUESTION
Front
Charles Marie is a children's clothing shop that specializes in the tween market. To learn what tweens really like in order to stock the shop correctly, Charles Marie refers to data collected from social media, emails, audio files, and YouTube videos. This is an example of _______.
Back
big data
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