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Business and Marketing Research

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Why do businesses use market research?

a)

To identify customer needs

b)

To find solution to a marketing problem

c)

To understand the market

d)

All of these

2.

If you are asked to do a research on the CSR activities of a company then which of the following sources you will consider

a)

Wikipedia

b)

Marketing research agencies Report

c)

Company website

d)

Newspaper and magazines

e)

All the above except Option 1

3.
Why do businesses conduct market research?
a)
To help identify gaps in the market and business opportunities.
b)
To provide people with jobs
c)
So they can share their findings with competitors
d)
It is a government requirement
4.

Why is marketing research useful to a business?

a)

Helps to Spot current and upcoming problems in the current market

b)

Helps in forecasting the future customer needs

c)

It provides valuable data for marketing planning

d)

All of the above

5.

This involves the process and methods used to gather information, analyze it, and report findings related to marketing.

a)

Exploratory Research

b)

Marketing Research

c)

Qualitative Research

d)

Quantitative research

6.
Which of the following is not a reason businesses use marketing research?
a)
identifying market oportunities
b)
solving marketing problems
c)
monitoring market performance
d)
deciding how many staff to hire to manufacture the goods
7.
This type of data coming from research answers questions such as "how many?" and " how much?".
a)
Research Data
b)
Quantitative Data
c)
Number Data
d)
Qualitative Data
8.
This type of data from research answers questions such as "how" and "why".
a)
Research data
b)
Quantitative data
c)
Number data
d)
Qualitative data
9.

A company is considering to make certain changes to a current product design. But it is not sure to implement before the findings of marketing research. What type of research you would recommend ?

a)

Qualitative

b)

Exploratory

c)

Descriptive

d)

Pure

10.
Quantitative research is typically conducted on ________ samples of people
a)
large
b)
small
11.
Qualitative research relies heavily on ___________ groups.
a)
large
b)
small
12.

It is a framework or blueprint for conducting a marketing research project.

a)

Survey

b)

Research Design

c)

Data collection

d)

Problem Definition

13.

Which company is the owner of IPL team Delhi Capitals?

a)

GMR Group

b)

Dabur Ltd

c)

United Spirits Ltd

d)

India Cements

14.
Mail surveys, phone surveys, personal interviews, & online surveys are examples of what type of data collection?
a)
Tertiary
b)
Secondary
c)
Primary
d)
Unreliable
15.

A company wants to know about the type of consumers in terms of demographic factors like age,income,occupation, gender who are using its brand in a particular market. What kind of research the company should consider doing?

a)

Exploratory research

b)

Problem research

c)

Descriptive Research

d)

Basic Research