Marketing Chapter 4

Ace your homework & exams now with Quizwiz!

__________ is marketing research to test hypotheses about cause-and-effect relationships.

Casual research

A(n) __________ is people and processes dedicated to assessing information needs, developing the needed information, and helping decision makers to use the information to generate and validate actionable customer and market insights.

marketing information system

__________ is the systematic collection and analysis of publicly available information about consumers, competitors, and developments in the marketing environment.

Competitive marketing intelligence

__________ is marketing research to better describe marketing problems, situations, or markets such as the market potential for a product or the demographics and attitudes of consumers.

Descriptive research

__________ is gathering primary data by selecting matched groups of subjects, giving them different treatments, controlling related factors, and checking for differences in group responses.

Experimental research

__________ is marketing research to gather preliminary information that will help define problems and suggest hypotheses.

Exploratory research

Observational research is __________.

gathering primary data by observing relevant people, actions, and situations

Secondary data are __________.

information that already exists somewhere, having been collected for another purpose

A(n) __________ refers to electronic collections of customer and marketing information obtained from data sources within the company network.

internal database

In a __________ sample, the population is divided into mutually exclusive groups and random samples are drawn from each group.

stratified random

__________ are information collected for the specific purpose at hand.

Primary data

__________ refers to a prescribed number of people in each of several categories who are identified and interviewed by the researcher.

Quota sample

In a __________ sample, the population is divided into mutually exclusive groups and the researcher draws a sample of the groups to interview.

cluster

In a __________ sample, every member of the population has a known and equal chance of selection.

simple random


Related study sets

Policy Concepts: Path Dependency

View Set

Chapter 13 (running water)- Geology

View Set

Unit 5 (chapter 20) History of Graphic Design

View Set

BUS M 430 Final Independent Study

View Set

LS1 Week 4 Chapter 21 Respiratory Care Modalities

View Set