Information about a consumer’s household demographics and lifestyle, purchases, TV viewing behavior, and responses to promotions that are provided by one firm (as opposed to different firms providing different data, i.e., here, one firm collects all the different kinds of data from each consumer household in their sample) is called: A. multi-source data B. marketing research data C. single-source data D. on-line data E. in-home data
The Minnesota Twins, a professional baseball team, wanted to…
The Minnesota Twins, a professional baseball team, wanted to develop creative ways to boost sagging attendance at their ball games. The Twins hired a moderator who, after every home game during the month of July, led informal discussions with groups of 6 to 10 fans to find out what they did and did not like about the baseball team. The discussions were tape-recorded and videotaped so that researchers could review the data at a later date and in more detail. What are such informal research discussions called? experiments secondary data focus groups research variables hypotheses tests
Bud’s Pizza Parlor is interested in having a breakdown of th…
Bud’s Pizza Parlor is interested in having a breakdown of their customers which would tell them things like how often order pizza is delivered, their favorite toppings, the number of children per household, the number of times they eat pizza in restaurants, and many other items. The research firm which carries out this study would undoubtedly refer to it as a(n) A. lunch B. causal C. descriptive D. internal E. secondary
The assistant heard her supervisor in the supply room yell,…
The assistant heard her supervisor in the supply room yell, “Call Crate & Barrel—we need another case of their coffee mugs for the conference next week.” The supervisor was asking her assistant to make a: A. new buy B. straight rebuy C. modified rebuy D. make-buy E. standard buy
The most common method of market segmentation is A. benefi…
The most common method of market segmentation is A. benefits segmentation. B. economic segmentation. C. psychographic segmentation. D. product sampling. E. demographic segmentation.
When compared to consumer markets (B2C), the buyers in organ…
When compared to consumer markets (B2C), the buyers in organizational (B2B) markets are A. more in number (i.e., there are a greater number of buyers in B2B than B2C markets) B. place smaller orders (i.e., order less per transaction) C. highly rational in their decision-making process D. less complex in their decision-making process E. spend less money per transaction
The most common method of market segmentation is A. benefi…
The most common method of market segmentation is A. benefits segmentation. B. economic segmentation. C. psychographic segmentation. D. product sampling. E. demographic segmentation.
The assistant heard her supervisor in the supply room yell,…
The assistant heard her supervisor in the supply room yell, “Call Crate & Barrel—we need another case of their coffee mugs for the conference next week.” The supervisor was asking her assistant to make a: A. new buy B. straight rebuy C. modified rebuy D. make-buy E. standard buy
When compared to consumer markets (B2C), the buyers in organ…
When compared to consumer markets (B2C), the buyers in organizational (B2B) markets are A. more in number (i.e., there are a greater number of buyers in B2B than B2C markets) B. place smaller orders (i.e., order less per transaction) C. highly rational in their decision-making process D. less complex in their decision-making process E. spend less money per transaction
The process of dividing a market into groups of potential bu…
The process of dividing a market into groups of potential buyers who have similar needs and wants is A. target marketing B. market segmentation C. consumer behavior D. channeling E. demography