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Marketing Research
Exam 1
74
Marketing
Undergraduate 2
09/26/2010

Additional Marketing Flashcards

 


 

Cards

Term
descriptive function
Definition
the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives
Term
marketing concept
Definition
a business philosophy based on consumer orientation, goal orientation, and systems orientation
Term
consumer orientation
Definition
the identification of and focus on the people or firms most likely to buy a product and the production of a good or service that will meet their needs most effectively
Term
goal orientation
Definition
a focus on the accomplishment of corporate goals; a limit set on consumer orientation
Term
systems orientation
Definition
the creation of systems to monitor the external environment and deliver the desired marketing mix to the target market
Term
marketing mix
Definition
the unique blend of product/service pricing, promotion, and distribution strategies designed to meet the needs of a specific target market
Term
marketing research
Definition
the planning, collection, and analysis of data relevant to marketing decision making and the communication of results of this analysis to management
Term
descriptive function
Definition
the gathering and presentation of statements of fact
Term
diagnostic function
Definition
the explanation of data or actions
Term
predictive function
Definition
specification of how to use descriptive and diagnostic research to predict their results of a planned marketing decision
Term
return on quality
Definition
management objective based on the principles that 1. the quality being delivered is that a level desired by the target market and 2. that level of quality must have a positive impact on profitability
Term
marketing strategy
Definition
a plan to guide the longterm use of a firm's resources based on its existing and projected internal capabilities and on projected changes in the external environment
Term
applied research
Definition
research aimed at solving a specific, pragmatic problem-- better understanding of the marketplace, determination of why a strategy or tactic failed, or reduction of uncertainty in management decision making
Term
basic (or pure) research
Definition
research aimed at the expanding the frontiers of knowledge rather than solving a specific, pragmatic problem
Term
programmatic research
Definition
research conducted to develop marketing options through market segmentation, market opportunity analyses, or consumer attitude and product usage studies
Term
evaluative research
Definition
research done to asses program performance
Term
selective research
Definition
research used to test decision alternatives
Term
opportunity identification
Definition
using marketing research to find and evaluate new opportunities
Term
situation analysis
Definition
studying the decision making environment within which the marketing research will take place
Term
exploratory research
Definition
preliminary research conducted to increase understanding of a concept, to clarify the exact nature of the problem to be solved, or to identify important variables to be studied
Term
pilot studies
Definition
surveys using a limited number of respondents and often employing less rigorous sampling techniques than are employed in large, quantitative studies
Term
experience surveys
Definition
discussions with knowledgeable individuals, both inside and outside the organization, who may provide insights into the problem
Term
case analysis
Definition
reviewing information from situations that are similar to the current one
Term
marketing research problem
Definition
a statement specifying the type of information needed b y the decision maker to help solve the management decision problem and how that information can be obtained effectively and efficiently
Term
marketing research objective
Definition
a goal statement, defining the specific information needed to solve the marketing research problem
Term
management decision problem
Definition
a statement specifying the type of managerial action required to solve the problem
Term
hypothesis
Definition
a conjectural statement about a relationship between two or more variables that can be tested with empirical data
Term
research design
Definition
the plan to be followed to answer the marketing research objectives
Term
descriptive studies
Definition
research studies that answer the questions who, what, when, where, and how
Term
variable
Definition
a symbol or concept that can assume any one of a set of values
Term
casual studies
Definition
research studies that examine whether the value of one variable causes or determines the value of another variable
Term
dependent variable
Definition
a symbol or concept expected to be explained or influenced by the independent variable
Term
independent variable
Definition
a symbol or concept over which the researcher has some control and that is hypothesized to cause or influence the dependent variable
Term
temporal sequence
Definition
an appropriate casual order of events
Term
concomitant variation
Definition
the the degree to which a presumed cause and a presumed effect occur or vary together
Term
spurious association
Definition
a relationship between a presumed cause and a presumed effect that occurs as a result of an unexamined variable or set of variables
Term
survey research
Definition
research in which an interviewer (expect in mail and internet surveys) interacts with respondents to obtain facts, opinions, and attitudes
Term
observation research
Definition
typically, descriptive research that monitors respondents' actions without direct interaction
Term
experiments
Definition
research to measure casuality, in which the researcher changers one or more independent variables and observes the effect of the changers on the dependent variable
Term
probability sample
Definition
a subset of a population where every element in the population has a known nonzero chance of being selected
Term
non-probability sample
Definition
a subset of a population in which the chances of selection for the various elements in the population are unknown
Term
research request
Definition
an internal document used by large organizations that describes a potential research project, its benefits to the organization, and estimated costs; it must be formally approved before a research project can begin
Term
request for proposal (RFP)
Definition
a solicitation sent to marketing research suppliers inviting them to submit a formal proposal, including a bid
Term
research proposal
Definition
a document developed, usually in response to an RFP, that presents the research objectives, research design, time line, and cost
Term
secondary data
Definition
data that have been previously gathered
Term
primary data
Definition
new data gathered to help solve the problem under investigation
Term
internal database
Definition
a collection of related information developed from data within the organization
Term
database marketing
Definition
marketing that relies on the creation of a large computerized file of customers' and potential customers' profiles and purchase patterns to create a targeted marketing mix
Term
cookie
Definition
a text file placed on a user's computer in order to identify the user when she or he revisits the website
Term
neural network
Definition
a computer program that mimics the processes of the human brain and thus is capable of learning from examples to find patterns in data
Term
data mining
Definition
the use of statistical and other advances software to discover non-obvious patterns in a hidden database
Term
newsgroups
Definition
an internet site where people can read and post messages devoted to a specific topic
Term
marketing research aggregator
Definition
a company that acquires, catalogues, reformats, segments, and resells reports already published by large and small marketing research firms
Term
geographic information system (GIS)
Definition
computer-based system that uses secondary and/or primary data to generate maps that visually display various types of data geographically
Term
decision support system (DSS)
Definition
an interactive, personalized information management system, designed to be initiated and controlled by individual decision makers
Term
qualitative research
Definition
research whose findings are not subject to quantification or quantitative analysis
Term
quantitative research
Definition
research that uses mathematical analysis
Term
focus group
Definition
group of 8 to 12 participants who are led by a moderator in an in-depth discussion on one particular topic or concept
Term
group dynamics
Definition
interaction among people in a group
Term
focus group facility
Definition
research facility consisting of a conference room or living room setting and a separate observation room with a one-way mirror or live audiovisual feed
Term
focus group moderator
Definition
person hired by the client to lead the focus group; this person should have a background in psychology or sociology o, at least, marketing
Term
discussion guide
Definition
written outline of topics to be covered during a focus group discussion
Term
instant analysis
Definition
moderator debriefing, offering a forum for brainstorming by the moderator and client observers
Term
online focus group
Definition
focus groups conducted via the internet
Term
individual depth interviews
Definition
one-on-one interviews that probe and elicit detailed answers to questions, often using nondirecctive techniques to uncover hidden motivations
Term
hermeneutic research
Definition
research that focuses on interpretation through conversations
Term
projective test
Definition
technique for tapping respondents' deepest feelings by having them project those feelings into an unstructured situation
Term
word association test
Definition
projective test in which the interviewer says a word and the respondent must mention the first thing that comes to mind
Term
sentence and story completion tests
Definition
projective tests in which respondents complete sentences or stories in their own words
Term
cartoon test
Definition
projective test in which the respondent fills in the dialogue of one of two characters in a cartoon
Term
photo sort
Definition
projective technique in which the respondent sorts photos of different types of people, identifying those people she or he feels would use the specified project or service
Term
consumer drawings
Definition
projective technique in which respondents draw what they are feeling or how they perceive an object
Term
story telling
Definition
projective technique in which respondents are required to tell stories about their experiences--for examples, with a company or product; also known as the metaphor technique
Term
third person technique
Definition
a projective technique in which the interviewer learns about respondents' feelings by asking them to answer for a third party, such as "your neighbor" or "most people"
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