Marketing - Standalone book
13th Edition
ISBN: 9781259573545
Author: Roger A. Kerin, Steven W. Hartley
Publisher: McGraw-Hill Education
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Question
Chapter 8, Problem 5AMK
a)
Summary Introduction
To discuss: The reasons why a
Introduction:
The primary data are the information and figures, which are collected freshly for the project.
The secondary data are the information and figures, which have already been recorded before handling the project.
b)
Summary Introduction
To discuss: The reasons why a marketing researcher desires not to use secondary data in the study.
Introduction:
The primary data are the information and figures that are collected freshly for the project.
The secondary data are the information and figures that have already been recorded before handling the project.
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(a) Why might a marketing researcher prefer to use secondary data rather than primary data in a study? (b) Why might the reverse be true?
2.
Explain how Day Dream Toys might collect and use market research information. Include one quantitative and one qualitative research technique in your response.
What is a decision statement? How does the focus on an irrelevant decision affect the research process?
Chapter 8 Solutions
Marketing - Standalone book
Ch. 8.1 - Prob. 8.1LOCh. 8.2 - Prob. 8.2LOCh. 8.2 - Prob. 8.1LRCh. 8.2 - Prob. 8.2LRCh. 8.2 - Prob. 8.3LRCh. 8.3 - Prob. 8.3LOCh. 8.3 - Prob. 8.4LRCh. 8.3 - Prob. 8.5LRCh. 8.4 - Prob. 8.4LOCh. 8.4 - Prob. 8.6LR
Ch. 8.4 - Prob. 8.7LRCh. 8.4 - Prob. 8.8LRCh. 8.5 - Prob. 8.5LOCh. 8.5 - Prob. 8.9LRCh. 8.5 - Prob. 8.10LRCh. 8.6 - Prob. 8.6LOCh. 8.6 - Prob. 8.11LRCh. 8.6 - Prob. 8.12LRCh. 8 - Prob. 1AMKCh. 8 - Prob. 2AMKCh. 8 - Prob. 3AMKCh. 8 - Prob. 4AMKCh. 8 - Prob. 5AMKCh. 8 - Prob. 6AMKCh. 8 - Look back at Figure 8-6A. (a) Run the percentages...Ch. 8 - Prob. 8AMKCh. 8 - Prob. 1BYMPCh. 8 - Prob. 2BYMPCh. 8 - Prob. 3BYMPCh. 8 - Prob. 1VCCh. 8 - Prob. 2VCCh. 8 - Prob. 3VCCh. 8 - Prob. 4VCCh. 8 - Prob. 5VC
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- From a managerial perspective, which is NOT one of the important functions of marketing research: Causal Function Predictive Function Diagnostic Function Descriptive Function Creative Functionarrow_forwardWhat is the difference between an ‘opt-in’ and an ‘opt-out’ policy with regard to the use of personal data for marketing purposes?arrow_forwardWhat are some of the key distinctions between a descriptive model and a prescriptive model?arrow_forward
- Under situation analysis on Marketing statistics and competitor analysis Of DMRi?arrow_forwardDifferentiate descriptive analytics, prescriptive analytics and predictive analytics. give at least one specific example how are these examples of analytics are usedarrow_forwardFocus groups is a popular research technique in marketing research. What type of research method is most likely used in focus groups? survey experiment observation secondary dataarrow_forward
- The goal of market research is to assess how changing elements of the marketing mix affects to: Group of answer choices a. consumer demand and expectation b. consumer lifestyle c. consumer buying behavior d. consumer needs and wantsarrow_forwardWhat is marketing intelligence system? Explain how it differs from internal data? What are the advantages and disadvantages of both ?arrow_forwardDefine Secondary data?arrow_forward
- Observational research involves gathering primary data by observing people. Do you see any potential ethical conflicts with its use?arrow_forward11) When Procter & Gamble introduced Crest toothpaste, the first fluoride toothpaste, it was intended for use by children and was therefore given a child-appealing bubblegum flavor. Sometime later the same basic formula was given a fresh, minty flavor to appeal to adults. What is this marketing strategy called? Product extrapolation Product differentiation Usage segmentation Psychographic segmentationarrow_forwardObservation, interviewing, and focus groups are examples of collecting: secondary data. target data. marketing data. primary data.arrow_forward
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