FMbaba_Chapter_04

FMbaba_Chapter_04

University

10 Qs

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FMbaba_Chapter_04

FMbaba_Chapter_04

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Erika Lázár

Used 4+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following demonstrates the real value of a company's marketing research and information system?

the amount of data it generates

the variety of contact methods it uses

the tools it uses to gather information

the customer insights it provides

the type of sampling plan it follows

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following sources constitutes the internal database of a company?

commercial online databases

supplier information

the company's sales transactions

reports sold by market research firms

big data

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

________ is the systematic design, collection, analysis, and reporting of data relevant to a specific marketing situation facing an organization.

Test marketing

Marketing research

Commercialization

Integrated marketing

Exclusive distribution

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

________ is often the most difficult but most critical step in the research process.

Developing the research plan

Collecting and analyzing the data

Defining the problem and research objectives

Interpreting the findings

Gathering secondary data

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

________ is the final step in the marketing research process.

Developing the research plan

Determining a research approach

Interpreting and reporting the findings

Engaging in secondary research

Collecting and analyzing the data

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The objective of ________ research is to gather preliminary information that will help define the problem and suggest hypotheses.

descriptive

exploratory

causal

corrective

experimental

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

________ data consist of information collected for the specific purpose at hand.

Primary

Secondary

Derived

Archival

Historical

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