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Chapter 10 - 10.2 Conducting Research

Total questions: 11

Worksheet time: 7mins

Name
Class
Date
1.

hypothesis

a)

an idea for starting a business

b)

a statement that can be tested and proven either true or false

c)

a statement about your competitors

2.

data mining

a)

collecting primary data to use

b)

analyzing data through the use of graphs and charts

c)

searching through large amounts of digital data to find useful trends

3.

trend

a)

a traditional basic pattern in the market

b)

an emerging pattern of change

c)

a pattern of change that is specific to a specific group of people

4.

marketing trend

a)

a pattern that must be followed when deciding on a price point

b)

a pattern of product innovation

c)

pattern of change in consumer behavior that leads to changes in the marketing mix

5.

social trend

a)

patterns of change in society

b)

often lead to changes in consumer behavior

c)

more than one of these answers is correct

6.

demographics

a)

not important to the marketing mix

b)

age, gender, income, etc. of a specific group of people

c)

changes the size of different segments of the population

7.

demographic trends

a)

often mean changes in product preferences

b)

changes the size of different segments of the population

c)

both answers are correct

8.

product trends

a)

a product that is popular for a short time and dies out quickly

b)

product trends are the same as fads

c)

marketers need to know product trends to give customers what they need and want

9.

fad

a)

a sudden short change in products being developed

b)

something that is very popular for a short time and then dies out quickly

c)

involve "new and improved" products

10.

Marketing-Information System (MkIS)

a)

both other choices are correct

b)

company records, competitor information (SWOT), and customer databases (Cusomter relationship Management CRM) are part of the MkIS

c)

organized system of gathering, sorting, analyzing, evaluating and distributing information for marketing purposes.

11.

order bias

a)

raw data that is neither right or wrong

b)

research that is misguided and not from the accurate sample of the market

c)

the skewing of results in research that is caused by the order in which questions are placed in a survey