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Mktg 3350 chapter 3

Vocab

QuestionAnswer
Research Design A framework or blueprint for conducting the marketing research project that specifies the procedures necessary to obtain the information needed to structure and or solve the marketing research problem
Exploratory Research A type of research design that has as its primary objective the provision of the insights into and comprehension of the problem situation confronting the researcher
Conclusive Research research designed to assist the decison maker in determining evaluating, and selecting the best course of action for a given situation
Description Research A type of conclusive research that has as its major objective the description of something-usually market characteristics or functions
survey an interview with a large number of repsondents using a predisgned questionnaire
Cross-sectional Design a type of research design involving the one time collection of information from any given sample of population elements
Longitudinal Design A type of research design involving a fixed sample of population elements that is measured repeatedly. The sample remains the same over time, providing a series of pictures which, portray both the situation and the changes that are taking place
Panel A panel consists of a sample of respondents, generally households that have agreed to provide information at specified intervals over an extended period
Causal Research A type of conclusive research whose major objective is to obtain evidence regarding cause and effect (causal) relationships
Causal Design A design in which the causal or independent variables are manipulated in a relatively controlled environment
Random Sampling Error The error due to the particular sample selected being an imperfect representation of the population of interest
Nonsampling error errors that can be attributed to sources other than sampling; they can be random or nonrandom
Budgeting and Scheduling Management tools needed to help ensure that the marketing research project is completed within the available resources
Marketing Research Proposal Contains the essence of the project and serves as a contract between the research and management
Created by: moses2434
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