Marketing is an activity that businesses take to ensure they produce needed products that stand out and ensure that they get new clients. There are different ways of marketing, with the most common being the use of advertisements. What ways to gather information before one settles on a marketing strategy or target audience? Do take the quiz and polish your See moreunderstanding of marketing!
A) Many managers lack information of the right kind.
B) Managers have enough of the right information.
C) Many managers are burdened by data overload.
D) Most managers need better information.
E) Most managers do not need more information.
A) question the needed information
B) experiment to develop information
C) test market the information
D) critique the needed information
E) develop the needed information
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A) need; can afford; useful
B) use; have to use; available
C) like; can afford; needed
D) need; like; feasible
E) like to have; need; feasible to offer
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A) organization
B) benefits
C) creativity
D) cost
E) ethical issues
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A) competition
B) Web
C) stockholders
D) marketing department
E) owners
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A) Dun & Bradstreet's
B) internal
C) Hoover's
D) LexisNexis
E) external
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A) Marketing data
B) Customer intelligence
C) Competitive intelligence
D) Marketing intelligence
E) Sales management
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A) All marketing intelligence is available for free.
B) Marketing intelligence relies upon publicly available information.
C) Marketing intelligence gathering is more focused on gaining insights into consumer activities than competitors' activities
D) Marketing intelligence relies upon privately held information.
E) The advantage of using competitive intelligence is negligible.
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A) activities of competitors
B) key customers
C) suppliers
D) causal research
E) resellers
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A) talking with purchasing agents
B) purchasing competitors' products
C) monitoring competitors' sales
D) collecting primary data
E) looking through competitors' garbage
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A) press releases
B) annual reports
C) internal marketing conferences
D) trade show exhibits
E) Web pages
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A) less information
B) privacy blocks
C) competitive intelligence training
D) protection
E) a code of ethics
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A) ProQuest
B) Dialog
C) System for Electronic Document Analysis and Retrieval (SEDAR)
D) LexisNexis
E) Hoover's
A) The marketing information system
B) Marketing intelligence
C) Marketing research
D) Causal research
E) Competitive intelligence
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A) developing a marketing information system
B) developing the research plan for collecting information
C) implementing the research plan
D) hiring an outside research specialist
E) defining the problem and research objectives
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A) choosing the research agency
B) developing the research plan
C) choosing the research method
D) developing the research budget
E) comparing and contrasting primary and secondary data
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A) gather preliminary information that will help define problems
B) uncover information at the outset in an unstructured way
C) describe marketing problems or situations
D) test hypotheses about cause-and-effect relationships
E) quantify observations that produce insights unobtainable through other forms of research
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A) exploratory; causal
B) causal; exploratory
C) descriptive; causal
D) descriptive; exploratory
E) causal; descriptive
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A) obtaining marketing intelligence
B) determining a research approach
C) defining the problem and research objectives
D) selecting a research agency
E) developing the research plan
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A) exploratory
B) descriptive
C) primary
D) secondary
E) causal
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A) marketing goals
B) dollar amounts
C) information needs
D) information sources
E) research methods
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A) that does not currently exist in an organized form
B) that already exists somewhere but is outdated
C) that researchers can only obtain through surveys and observation
D) used by competitors
E) that already exists but was collected for a different purpose
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A) observational
B) experimental
C) primary
D) secondary
E) ethnographic
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A) survey research
B) observational research
C) secondary
D) primary
E) experimental research
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A) always necessary to support primary data
B) never purchased from outside suppliers
C) not always very usable
D) collected mostly via surveys
E) expensive to obtain
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A) It may not exist.
B) It may not be relevant.
C) It is generally more expensive to obtain than primary data.
D) It may not be impartial.
E) It may not be current.
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A) collected before secondary data
B) accurate
C) inexpensive
D) complete
E) experimental
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A) survey
B) personal interviews
C) questionnaire
D) focus groups
E) observational
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A) is gathered where people live and work
B) provides secondary data
C) is most popular in the service sector
D) provides data to marketers when observation is impossible
E) comes from traditional focus groups
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A) creative
B) exploratory
C) causal
D) interpersonal
E) descriptive
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A) ease and speed to complete
B) interactive design
C) simplicity
D) duplicability
E) flexibility
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A) observation
B) the telephone
C) the Web
D) in person
E) the mail
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A) preferential
B) interactive
C) exploratory
D) descriptive
E) causal
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A) exploratory
B) causal
C) descriptive
D) interactive
E) preferential
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A) It is conducted within traditional focus groups.
B) It provides greater insight into customer behaviour than interviews do.
C) It is most popular in the service sector.
D) It provides researchers with secondary data.
E) It is a research option when observation is not possible.
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A) can collect large amounts of information
B) has an average response rate
C) low cost per respondent
D) no interviewer to bias respondents' answers
E) may encourage more honest answers
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A) telephone
B) online
C) personal
D) individual
E) mail
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A) Internet surveys
B) personal interviews
C) open-ended questionnaires
D) mail surveys
E) ethnographic research
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A) Under time pressures, some interviewers might cheat.
B) Potential respondents may refuse to participate.
C) Interviewer bias is introduced.
D) Interviewers can explain some questions and probe more deeply on others.
E) They are more expensive to conduct than mail questionnaires.
A) mail
B) Internet surveys
C) telephone
D) online panels
E) personal
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A) telephone surveys
B) observational research
C) individual interviewing
D) Internet surveys
E) ethnographic research
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A) an observational interview
B) a focus group interview
C) an Internet survey
D) a mail-in survey
E) a telephone interview
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A) find enough secondary data to support the findings
B) generalize from the results
C) encourage honest responses to questions
D) orchestrate cooperation among participants
E) find a representative sample
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A) The Internet format can restrict respondents' expressiveness.
B) Participants must be in a central location.
C) The cost of online focus groups is greater than that of most other qualitative research methods.
D) Results take longer to tabulate and analyze.
E) The format of focus groups can be varied.
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A) almost instantaneous results
B) speed
C) control over who respondents are
D) ease of administration
E) low costs
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A) online social network
B) online experiment
C) immersion group
D) Internet survey
E) expert panel
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A) target group
B) group
C) sample
D) population
E) audience
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A) How should we contact the sample (sampling approach)?
B) How much should we pay the participants (sampling costing)?
C) How should participants be chosen (sampling procedure)?
D) Why should respondents by selected (sampling justification)?
E) Who should be left out of the sample (sampling exclusion)?
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