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MIM
| Question | Answer |
|---|---|
| What is an example of marketing info that a business could gather by surveying customers? | Location of companies market |
| what is an international source of marketing info for a business? | Inventory records |
| What type of source would give info about last quarter sales? | Sales report |
| Records of sales people meeting or contact with customers are referred to as | Call report |
| Something that exists | Fact |
| An approx. judgement | Estimate |
| Data collected from internal sources, external sources, or marketing research is... | Marketing info |
| what is the advantage in using personal interview to collect marketing data? | high flexibility |
| what is a rating scale that allows marketing reasearchers to determine respondents feelings | likert |
| What type of scale is a firm using when a survey format has a 7 pt rating system | semantic differential |
| How can ill designed questionnaires affect respondents | bias answer |
| Marketing mix is also referred to as the... | four P's |
| A computerized storage for information and facts is... | Database |
| A marketing function that involves gathering accessing synthesizing evaluating and disseminating information to aid in business decisions is | MIM |
| Facts and figures located on the inside of a company | Internal |
| Facts available located outside the company | External |
| How can using a data base to track its customers preferences and buying habits help a business? | Builds strong loyal customer relationships |
| Facts collected specifically for the project or problem at hand? | Primary |
| Facts and figures that have been collected for purposes other than the project at hand | Secondary |
| What is an internal source of marketing | Marketing management system |