Shared Flashcard Set

Details

Marketing Research
HBM221 Marketing Research Swinburne
80
Marketing
Undergraduate 4
06/10/2011

Additional Marketing Flashcards

 


 

Cards

Term
What is Staple Scale?
Definition
Measures attitudes that consists of a single adjective and an even number of numerical values.
Term
What is Constant-Sum Scale?
Definition
A measure of attitudes in which respondents are asked to divide a constant sum to indicate the relative importance of the attribute. Eg. 100 points, 70 Myer, 20 David Jones, 10 Boutiques
Term
What is Graphic Rating Scale?
Definition
A measure of attitude that allows respondents to rate an object by choosing any point along a graphic continuum. 
Term
What is Marketing Research?
Definition
Is the systematic and objective process of generating information for aid in marking marketing decisions.
Term
How many stages are there in the Marketing Research Process (a number).
Definition
6 stages
Term
What is the first stage of the marketing research process?
Definition
Defining the problem
Term
What is the second stage of the marketing research process?
Definition
Planning the research design
Term

 

What is the third stage of the marketing management process?

 

Definition
Planning the sample
Term

What is the fourth stage of the marketing research process?

Definition
Collecting the data
Term

What is the fifth stage of the marketing research process?

Definition
Analysing the data
Term

What is the sixth stage of the marketing research process?

Definition
Conclusions/ Preparing the report
Term
What are the six stages of the marketing research process?
Definition

1. Defining the problem

2. Planning the research design

3. Planning the sample

4. Collecting the data

5. Analysing the data

6. Conclusions/ preparing the report

Term
There are three main parties involved in a marketing research project. Who are they?
Definition

The client

The supplier (or researcher)

The respondent

Term
The research process begins with what?
Definition
Problem discovery/ Symptoms
Term
What is involved in the first stage of the marketing research process (Defining the problem)?
Definition

Symptoms

Defining the problem

Research Objectives

Term
What are the two sources of data? And explain them.
Definition

Secondary - Data that already exists, and has been collected for another purpose

Primary - Data that is collected for this research project

Term
There are two types of data, what are they and explain them.
Definition

Quantitative - Variables described by allocating numbers to represent attitudes, opinions and motivations

Qualitative - Tends to be narrative in nature, and describes attitudes, opinions and motivations in words

Term
What are some examples of secondary sources of data?
Definition

The ABS

Published books or journals

Internal sources - eg company financials

Term
What are two benefits and two limitations of secondary sources of data?
Definition

Benefits - Low cost, less effort, less time, can be more accurate, sometimes only way to obtain data.

Limitations - Collected for another purpose, no control, may not be accurate, outdated, may not meet the requirements

Term
What are the three research designs/ Approaches?
Definition

Exploratory

Descriptive

Casual

Term
What are the common techniques and common uses of exploratory research?
Definition

Common techniques - focus group and in depth interviews

Common uses - diagnosing problems, discovering new ideas and screening alternatives

Term
How many people usually make a focus group?
Definition
Around 7 - 10 (but 8-9 is optimal)
Term
How long does a focus group usually run for?
Definition
1-2 hours
Term
What is an unstructured, free flowing interview/ discussion with a small group of people?
Definition
Focus group
Term
What is an in-depth interview?
Definition
Face to face interview between the researcher and the respondent.
Term
What is a projective technique? And what are some common techniques?
Definition

An indirect means of questioning that enables a respondent to project beliefs and feelings onto a third party, an object or a task situation.

Common techniques - are word association tests, sentence completion methods, third person techniques, thematic appreciation tests

Term
What is an observation?
Definition
An observation is a systematic process of recording the behavioural patterns of people, objects and occurrences that they have witnessed. There is no questioning or communicating with people. Is used in exploratory research and if done scientifically, can be used for quantitative information.
Term
In what research design/ approach is observation involved in?
Definition
Exploratory 
Term
What is descriptive research?
Definition
This type of research approach is determined to find the answers to who, what, when, where and how questions. Usually this type of method is done when there is some understanding of the problem.
Term
What is the most common method of descriptive research and name all the sub types.
Definition
Surveys - Which can be conducted via the telephone, mail, on the internet; and, in person
Term
What is a survey?
Definition
A method for collecting primary data in which information is gathered by communicating with a representative of people.
Term
What is a sample survey?
Definition
Simply, a formal term for survey.
Term
What is a respondent?
Definition
A person who verbally answers an interviewers questions or provides answers to written questions. 
Term
Name two factors that could affect the choice of a survey method?
Definition

Sampling

Type of population/ sample

Question form

Question content

Response rates

Costs

Available staff/ resources

Time

Term
What are the four different types of scales?
Definition

Nominal

Ordinal

Interval

Ratio

Term
What is a nominal scale?
Definition
Basically when you assign a number to something. Eg. A footy player or a horse number
Term
What is an ordinal scale?
Definition

Simply, when you rank someone. 

Eg. Say when people are having a race, and their is someone who comes first, second, third, fourth etc

Term
What is an interval scale?
Definition
This is when you rank someone, by say coming first, second, third. However you also say how far the ranks were different. For instance. There are three runners. John came first, however he only came first by 5 seconds.
Term
What is a ratio scale?
Definition
This is a scale of measurement where you measure is ratios for example money (betting).
Term
What is ranking?
Definition
Rank order a small number of objects on the basis of preference
Term
What is rating?
Definition
Estimate the magnitude of a charectoristic
Term
What is sorting?
Definition
Arranging objects into piles or classifications
Term
What is a simple attitude scale?
Definition
Where respondents are classified into one of two categories - this has properties of a nominal scale.
Term
What is a Likert scale?
Definition
Allows respondents to rate how strongly they feel (agree/disagree) about a certain statement. 
Term
What is semantic differential?
Definition
This is a 7 point rating system that use bipolar adjectives to anchor both ends of the scale.
Term
What is numerical scales?
Definition
Similar to semantic differential except that it used numbers instead of verbal discriptions
Term
What is staple-scale?
Definition
This measures the attitudes that consist of an adjective and an even number of numerical values eg. +3 +2 +1 -1 -2 -3
Term
Is there a certain attitudinal scale that you should use? Are their any influences in the scale you should choose?
Definition

There are many different techniques used with their own strengths and weaknesses. 

It can be influenced by the type of information needed, budget constraints or compatibility of scale.

Term
What does a questionnaire do?
Definition
It translates information needed into a specific set of questions that respondents can and will answer. It also encourages respondents to cooperate and complete the interview, thus reducing errors.
Term
What is an open ended question?
Definition
Where no possible responses are given
Term
What is a close ended question?
Definition
Where response alternatives are provided
Term
What are the advantages/ disadvantages of an open ended question?
Definition

Advantages - Wide range of responses, no influence 

Disadvantages - time consuming, variability in clarity and depth of response, willingness to compose a written response, ability to record response accurately, interpretation

Term
What are two advantages and disadvantages of closed ended questions?
Definition

Advantages - Easy to answer and easier for the interviewer, tabulation and analysis easier, less potential error, responses are directly compareable

Disadvantages - Requires decision on type of responses, may not produce meaningly results, dichotomous questions prone to large error, difficult to develop good questions, less ability for self-expression

Term
What is a dichotomous question?
Definition
Two possible answer question. Eg. Yes/No, Agree/ Disagree
Term
Simple dichotomy is a type of fixed alternative question (close ended). What is simple dichotomy?
Definition
Choose one of two alternatives
Term
Determinant is an example of a close ended question. What is a determinant question?
Definition
Basically multiple choice. Choose one among several alternatives.
Term
Frequency determination is a type of close ended question. What is frequency determination?
Definition
Asks for an answer about general frequency of occurance
Term
Checklist is a type of a close ended question. What is a checklist?
Definition
Provide multiple answers to a single question by checking off items.
Term
What four sampling techniques are there in a probability sample?
Definition

Systematic sampling

Cluster sampling

Strategic sampling

simple random sampling

Term
What is simple random sampling?
Definition
Basically a random selection procedure where everyone has an equal chance of being chosen.
Term
What is Systematic sampling?
Definition
This is where there is a starting point, and then there is a constant skip interval which covers the entire population.
Term
What is stratified sampling?
Definition

There are two sub groups in stratified sampling.

Proportionate stratified sampling - which is when the number selected in proportionate to the total population.

Non-proportionate stratified sampling - which is when the number selected is not proportionate to the entire population.

Term
What are the four non-probability sampling techniques?
Definition

Snowball sampling

Judgemental sampling

convenience sampling

quota sampling

Term
What is snowball sampling?
Definition
This is when the respondents are chosen normally through probability methods, but additional respondents are provided by the initial respondents.
Term
What is quota sampling?
Definition
This is when the researchers want a certain subgroup represented by a certain number. eg. 16-18 y.o females = 50 people
Term
What is convenience sampling?
Definition
People are chosen due to convenience
Term
What is Judgement sampling?
Definition
This is when people are chosen because of personal judgement of the characteristics of a certain person
Term
What is random sampling errors?
Definition
This is the difference between a sample result and the result of a census conducted using identical procedures.
Term
What is non-sampling (systematic) error?
Definition
This results from some imperfect aspect of the research design such as mistakes in sample selection, sampling frame error or non-responses.
Term
What is a sample?
Definition
A sample is a subset or some part of a larger population
Term
What is a population?
Definition
Any complete group of entities that share some common set of charectoristics
Term
What is a population element?
Definition
An individual member of the population
Term
What is a census?
Definition
An investigation of all the individual elements that make up a population
Term
What is a sampling frame?
Definition
A list of elements from which a sample may be drawn. eg. white pages, student email list, a membership list
Term
What is an appropriate sample design?
Definition
Probability methods are more accurate then non-probability methods because these projects are more conclusive and accurate. 
Term
If you have a limited time, what is the best method?
Definition
Simple random sampling
Term
What is random sampling error?
Definition
Increasing the sample size, increases accuracy. So we can ask a certain amount of people and be confident in getting the same results as we have asked many more people.
Term
If the population is homogenous, do you require a small or large sample?
Definition
Small - because the population is homogenous
Term
If you are worried about the acceptable error or confidence level, do you require a small or large sample.
Definition
Large - the larger the sample, the more accurate, thus you can be confident in the results.
Term
Is there anything else apart from a homogenous sample, acceptable error and confidence levels that could determine how large the sample size is?
Definition

Past research designs - rely on experience

Budget; and

Time restraints

Supporting users have an ad free experience!