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Definition
A type of research design that has as its primary objective the provision of insights into and comprehnsion of the problem situation confronting the researcher.
Used when MGT realises a problem exists but does not understand why
Needs to be flexible and unstructured since information needs are only loosely defined at this stage. |
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Difference between exploratory and descriptive? |
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Qualitative research often has the aim of description and researchers may follow-up with examinations of why the observations exist and what the implications of the findings are. |
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Let's say the exploratory research says that ivory soap sucks- should ivory change the formula? |
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Definition
NO! exploratory resarch is conducted on a small nonrepresentative sample so the findings should be regarded as tnt and as building blocks |
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Term
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Definition
is research designed to assist teh decision maker in determining, evaluating, and selecting the best course of action in a given situation
used to verify insights giained from exploratory
based on assumption that researcher has accurate understanding of problem at hand and info needed has been clearly specified.
more formal and structured than exploratory
Lerge representative samples |
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Reasons to use exploratory research: |
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Definition
- Formulate a prob or define a problem more precisely
- identify alternative courses of action
- develop hypotheses
- isolate key variables and relationships for further examination
- gain insights for developing an approach to the prob
- establish priorities for further research
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Term
Exploratory research can be used at any time of the project. True or false? |
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Definition
TRUE! its often conducted at the beginning stages of a project, secondary data can provide good background info and focus groups can help understand values, attitudes and behaviors.
BUT it can honestly be used whenever you want. |
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Term
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Definition
Descriptive Research is a type of CONCLUSIVE research that has its major objective as the desciption of something- usually market characteristics or functions.
determining purchase frequencies, identifying relationships or making predictions
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Objective of Exploratory Research |
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Definition
Discovery of ideas and insights |
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characteristics of Exploratory |
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Definition
flexible, versatile, often the front end of total research design |
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Term
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Definition
Expert/Experience Surveys
pilot surveys
case studies
secondary data
qualitative research |
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Objective of Descriptive Research |
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Definition
Describe Market characteristics or functions |
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Characteristics of Descriptive Research |
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Definition
Marked by prior formulation of specific hypotheses
Preplanned and structured design |
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Methods of Descriptive Research |
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Definition
Secondary Data: Quantitative
Surveys
Panels
Observational and other data
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Definition
Determine cause and effect relationships |
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Causal Research Design Characteristics |
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Definition
Manipulation or one or more independent variables
Control of other mediating variables |
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Definition
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Examples of Descriptive research goals |
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Definition
- develop profile of target market
- estimate frequency of product use as basis for sales forecasts
- determine the relation between product use and perception of product
- determine degree to which marketing variables are associated
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Term
One major difference between descriptive and exploratoryresearch is taht |
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Definition
the researcher has prior knowledge about the problem situation in descriptive research.
based on clear statement of the problem
collected in a structured fashion, usually large samples
findings are then used to make generalizations
used to portray market caribales |
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Descriptive Studies include |
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Definition
Sales studies
Consumer Perception and Behavior Studies
Market Characteristic Studies |
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Sales Studies (descriptive studies) include |
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Definition
market potential
market share
sales analysis |
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Consumer perception and behavior studies (descriptive studies) include |
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Definition
image
product usage
advertising
pricing |
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Market characteristic studies (descriptive) include |
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Definition
distribution
competitive analysis |
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Descriptive Research can be further classified into |
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Definition
Cross Sectional and longitudinal research |
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Term
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Definition
type of design involving the one time collection of information from any given sample of population elements
"Snapshot" "Sample survey"
most frequently used descriptive design |
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Term
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Definition
type of research design involving a fixed sample of population elements that is measured repearedly. The sample remains the same over time, providng a series of pictures that, when viewed together, protray bothte situation and the changes taking place.
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Term
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Definition
someties panel or true panel is used interchangeably with longitudinal design.
panel consists of households that have agreed to provide information at specified intervals over time. Have commitment, are compensated.
Usually collected by commercial syndicated firms - NPD |
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Cross Sectional Disadvantages |
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Definition
Cannot Detect Change
Small Amount of data collection
Not very accurate (requires thinking back unlike panel which is ongoing and present) |
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Cross Sectional Advantages |
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Definition
Representative Sampling (people drop out of panel, too long)
No Response Bias (wont get bored) |
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Definition
Can detect change
large amounts of data collected
lots of accuracy |
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Longitudinal Disadvantages |
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Definition
Representative Sampling not there
Lots of response bias |
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Term
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Definition
type of CONCLUSIVE research whose major objective is to obtain evidenec regarding cause-and effect relationships
requires a planned and structured design |
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Descriptive Research is _______ appropriate for examining causal relationships |
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Definition
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Term
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Definition
design in which the causal or independent variables are manipulated in a relatively controlled environment
EX: promo causes brand sales
indep variable is one manipulated, dep is one that is affected
Causal variable=independent variable |
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Term
Tasks involved in formulating a research design |
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Definition
- Define the information needed
- design the exploratory, descriptive/and or causal phases of the research
- specify the measurement and scaling procedures
- construct a questionnaire
- specify the sampling process and the sample size
- develop a plan of data analysis
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Term
Research is conducted to help ____ management error in decsion making |
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Definition
REDUCE! not prove assumptions but provide mgt with an assessment of the degree of risk associated with making decision based on tested assumptions. |
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Term
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Definition
Error due to the particular sample selected being an imperfect representation of the population of interest |
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Definition
erors that can be attributed to sources other than sampling, can be random or nonrandom |
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Definition
error due to the particular sample selected being an imperfect representation of the population of interest |
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Definition
mgt tools needed to help ensure that the marketing research project is completed within the available resources |
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Marketing Research Proposal |
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Definition
contains the essence of the project and serves as a contract between the researcher and mangement |
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Some of the elements of a marketing research proposal |
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Definition
- Executive summary
- background
- problem definition/research objectives
- approach to the problem
- research design
- fieldwork/data collection
- data analysis
- reporting
- cost and time
- project personnel
- appendices
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Components of a Research Design |
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Definition
Data analysis plan
Exploratory descriptive causal design
Scaling and Measurement
Interviewing forms;questionnaire design
Generating the needed info
Number:Sample size and plan |
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