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MKT343 EXAM 1

QuestionAnswer
The collection of data in the form of text or images using open-ended questions, observation, or “found” data Qualitative research
Research that uses formal standard questions and predetermined response options in surveys of large samples Quantitative research
The three uses of exploratory research designs 1. Gather background information 2. Clarify the research problems 3. Create hypotheses or establish research priorities
The three major types of research designs 1. Exploratory 2. Descriptive 3. Predictive/Causal
_____ methods of research typically take much longer! Quantitative
Quantitative methods of research typically have goals involved in _____ of facts, estimates, and relationships Validation
Quantitative methods of research are _____ and _____, researching _____ questions Descriptive, causal, structured
Qualitative methods of research typically have goals involved in _____ of new ideas, and _____ of hidden processes Discovery, understanding
_____ methods of research typically take much shorter! Qualitative
Qualitative methods have _____ sample sizes and Quantitative methods have _____ sample sizes and Smaller, larger
Skills of researchers for _____ methods include interpersonal communication, observation, and interpretation of text or visual data Qualitative
Skills of researchers for _____ methods include statistical analysis and interpretation of numbers Quantitative
In quantitative research, it's pretty easy to _____ results to the whole _____, while that's much more limited in qualitative research Generalize, population
Five advantages of qualitative research 1. Can quickly collect data 2. Richness of the data 3. Results are usually valid and accurate 4. Insights into scale measurements 5. Insights from social sciences
Five disadvantages of qualitative research 1. Not very generalizable 2. Difficult to estimate magnitude of the investigation 3. Low reliability 4. Hard to find investigators 5. Investigators can be subjective
A data-collection method in which a well-trained interviewer asks a participant a set of semi-structured questions in a face-to-face setting In-depth interview
Responses to open-ended questions are collected from a small groups of participants (8-12) who interactively and spontaneously discuss topics of interest to the researcher Focus group interview
An online research format in which participants agree to post regularly over a period of four to five days (can be used as a type of focus group interviews) Bulletin board
A person who is well trained in interpersonal communication skills and professional manners required for a focus group Focus group moderator
A focus group moderator must be skilled in _____ and _____, must remain _____, and must enable all participants to _____ Probing, listening, neutral, contribute
A detailed outline of the topics, questions, and subquestions used by the moderator to lead the focus group session Moderator's guide
An interactive procedure in which the researcher and moderator discuss the subjects’ responses to the topics that outlined the focus group session Debriefing analysis
The systematic procedure of taking individual responses and grouping them into larger theme categories or patterns Content analysis
Indirect methods of questioning that enables a subject to freely project beliefs and feelings into a situation or stimulus provided Projective techniques
Projective techniques are designed to reveal _____ _____ instead of socially desirable, predisposed responses True thoughts
The subject is presented with a list of words or short phrases, one at a time, and asked to respond with the first thought [word] that comes to mind Word association test
Subjects are given a set of incomplete sentences and asked to complete them in their own words Sentence completion test
Systematic observation and recording of behavioral patterns of objects, people, events, and other phenomena Observation research
Observation research requires these two elements 1. A behavior or event that is observable 2. A system of recording that behavior
Data collection using some type of mechanical device to capture human behavior, events, or marketing phenomena Technology-mediated observation
A group of participating households that have a unique bar-coded card as an identification characteristic for inclusion in the research study Scanner-based panel
Five advantages of focus groups 1. Stimulation of new ideas 2. Fosters understanding of consumer behavior 3. Allows client participation 4. Elicits a wide range of responses 5. Brings together hard-to-reach informants
Four disadvantages of focus groups 1. Can cause groupthink 2. Data isn't very reliable 3. Lack of generalizability 4. Trustworthiness is based on care and insightfulness of researchers
A visual research technique used in in-depth interviewing that encourages research participants to share emotional and subconscious reactions to a particular topic Zaltman Metaphor Elicitation Technique (ZMET)
Three benefits of observation research 1. Behavior recording is accurate 2. Other data collection need is reduced 3. Behavioral data is detailed
Three limitations of observation research 1. Difficult to generalize 2. Need to combine with another method to explain behaviors 3. Problems setting up and recording behaviors
A research technique that requires deep engagement with online communities Netnography
Research based on conversations in social media Social media monitoring
An integrated system that monitors and analyzes social media sources to provide insights that will support marketing decision making Listening platform/post
The application of technological tools to identify, extract, and quantify subject information in textual data Sentiment analysis/opinion mining
The link of an organization to its market through the gathering of information Marketing research
Four steps of the systematic marketing research process 1. Determine the research problem 2. Select the research design 3. Execute the research design 4. Communicate the research results
Poorly conceived/executed research results are not useful for _____ _____ Decision making
Used to picture the relative position of products on two or more product dimensions important to consumer purchase decisions (also performance/importance matrices) Perceptual mapping
Four Ps of marketing (the marketing mix!) 1. Product 2. Price 3. Place 4. Promotion
_____ in the marketing mix involves development and introduction, branding, and positioning products Product
_____ in the marketing mix involves choosing and evaluating locations, channels, and distribution partners Place
_____ in the marketing mix involves evaluating demand at various price levels within the target market and price sensitivity Price
_____ in the marketing mix involves companies knowing how to obtain good returns from their promotional budgets Promotion
A focus on trade area analysis, store image/perception, in-store traffic patterns, and location analysis Retailing research
The most common research tasks in integrated marketing communications are _____ _____ studies and _____ mix decisions Advertising effectiveness, promotion
Research used to study consumer behavior as activities embedded in a cultural context and laden with identity (uses extended observation of consumers in context) Ethnographic research
Creation of customer profiles (demographics, psychographics, usage rates/motivations) Segmentation
Organizational units that reside within a company and perform marketing research Internal researchers
An outside organization that performs all aspects of marketing research External researchers
Methodologies offered by research firms that are branded, but don't provide information about how the methodology works Black box methodologies
Four potential ethical pitfalls for marketing researchers 1. Unethical pricing 2. Unnecessary or unwarranted research services 3. Client confidentiality issues 4. Use of “black-box” methodologies
Fully explaining to respondents any deception that was used during research Subject debriefing
These indicate unethical activities of the _____: overstating results, trying to get a low price through the promise of a long-term relationship Client
Some emerging trends in marketing research are an increased emphasis on _____ data, _____ for information acquisition and data management, _____, and marketing research playing a role in _____ _____ Secondary, technology, globalization, strategy development
Marketing researchers need to be able to use _____ as a research software SPSS
Marketing research = _____ _____ Information management
Marketing researchers are _____ thinkers who love to _____ new phenomena, so they don't care much about time frames or costs Scientific, explore
The idea that research procedures should be logical, objective, systematic, reliable, and valid Scientific method
_____ -> _____ -> _____ in the marketing research process Data -> information -> knowledge
Information becomes this when someone, either the researcher or the decision maker, interprets the data and attaches meaning Knowledge
The idea that the obvious, measurable symptoms of a problem are the only things visible to a decision maker and mask the real business problems, which are made visible through the work of the researcher Iceberg principle
A document that provides an overview of the proposed research and methodology Research proposal
Data not gathered for the immediate study at hand Secondary data
Secondary data can be _____ (collected by the individual company for accounting purposes or marketing activity reports) or _____ (collected by outside agencies such as the federal government, trade associations, or periodicals) Internal, external
Secondary is used to examine marketing problems because of relative _____ and _____-_____ of obtaining the data (especially internal) Speed, cost-effectiveness
A comprehensive examination of available information related to your research topic (usually composed before conducting the study) Literature review
Literature reviews can help conceptualize a _____ that _____ the relationships you hope to predict Model, summarizes
The two types of hypotheses 1. Descriptive 2. Predictive/causal
Hypotheses that provide possible answers to a specific applied research problem Descriptive hypotheses
Hypotheses which are theoretical statements about relationships between variables Predictive/causal hypotheses
Three characteristics of good hypotheses 1. Follow from research questions 2. Written clearly and simply 3. Must be testable
An empirically testable though yet unproven statement developed in order to explain phenomena Hypothesis
A statistical hypothesis that is tested for possible rejection under the assumption that it is true Null hypothesis
The hypothesis contrary to the null hypothesis, it usually suggests that two variables are related Alternative hypothesis
Created by: Liechtensteiner
 

 



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