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4.4 Market Research - Business Management

Total questions: 15

Worksheet time: 30mins

Name
Class
Date
1.

Which of the following is a disadvantage of primary market research?

a)

  It is not focused enough

b)

  It does not provide exclusive information for the researcher

c)

  It is not up to date

d)

  It is expensive to collect one which will be worth it

2.

Which of the following is not an example of primary market research?

a)

Surveys

b)

Interviews

c)

  Mass media articles

d)

  Focus groups

3.

Which sampling method involves selecting several geographical areas and then randomly choosing people within these areas for market research purposes?

a)

  Quota

b)

  Cluster sampling

c)

  Convenience

d)

Snowballing

4.

Which term describes marketing activities that attempt to discover the preferences, opinions and beliefs of existing and potential customers?

a)

Product positioning

b)

Sales forecasting

c)

Market research

d)

Market analysis

5.

1' CHALLENGE! Which type of market research is undertaken on a regular and on-going basis?

a)

  Continuous research

b)

  Secondary research

c)

  Primary research

d)

  Ad hoc research

6.

Which method of primary research involves watching how people behave in and respond to different situations?

a)

  Focus groups

b)

  Observations

c)

Surveys

d)

  Consumer panels

7.

Which term describes the use of small groups of customers, carefully selected from the target market, to gain insights into their attitudes and behaviours?

a)

  Desk research

b)

  Primary research

c)

  Focus groups

d)

Secondary Research

8.

Samples created using subjects who are easily accessible (such as students using other students for market research purposes) refers to which method of sampling?

a)

  Snowballing

b)

  Stratified

c)

  Convenience

d)

Quota

9.

Which option below refers to the use of questionnaires, directly asking customers or potential consumers about their opinions and preferences?

a)

  Surveys

b)

  Focus groups

c)

  Academic journals

d)

Interviews

10.

Which term is used by researchers to describe all the potential customers of a particular market?

a)

  Sample

b)

Cluster

c)

Population

d)

  Panels

11.

Which of the following is an internal source of market research?

a)

  Academic journals

b)

  Government publications

c)

  Company annual reports

d)

  Media articles

12.

CHALLENGE! Which type of market research is focussed on specific marketing problems or issues and tends to be on a ‘as and when necessary’, ‘one-off’ basis?

a)

  Ad hoc market research

b)

  Primary market research

c)

  Secondary market research

d)

  Continuous market research

13.

Which of the following is least likely to be disadvantage of secondary market research?

a)

  It is relatively expensive to collect

b)

  It can be rather too general

c)

  It is available to competitors

d)

  It is often out of date quite quickly

14.

When does Random Sampling stop being relevant/useful? Choose an option from the situations stated bellow.

a)

if a sample of 20 employees are needed to gather some feedback

b)

if the sample is too small, the participants are unrelated to each other and belong to different clusters

c)

if the feedback can be collected easily and efficiently from the population

d)

if a manufacturer business needs to gather feedback using a sample of 36 factory workers

15.

In conducting market research for a large University (2000+ students); regarding overall satisfaction of students with the schoool. Which type of sampling will result as the most efficient one to recommend to take?

a)

Cluster Sampling

b)

Random Sampling

c)

Quota Sampling

d)

Stratified Sampling