KotlerChapter4.docx

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KotlerChapter4.docx

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KotlerChapter4.docx

KotlerChapter4

Chapter4ManagingMarketingInformationtoGainCustomerInsights

1)Despitethedataglutthatmarketingmanagersreceive,theyfrequentlycomplainthattheylack________.

A)enoughinformationoftherightkind

B)timelyinformation

C)accurateinformation

D)reliableinformation

E)validinformation

Answer:

A

Diff:

2PageRef:

100

AACSB:

Communication

Skill:

Concept

Objective:

4-1

2)Amarketinginformationsystem(MIS)consistsofpeopleandprocedurestoassessinformationneeds,________,andhelpdecisionmakersanalyzeandusetheinformation.

A)experimenttodevelopinformation

B)testmarkettheinformation

C)developtheneededinformation

D)critiquetheneededinformation

E)questiontheneededinformation

Answer:

C

Diff:

1PageRef:

101

AACSB:

Communication

Skill:

Concept

Objective:

4-1

3)AgoodMISbalancestheinformationuserswould________againstwhattheyreally________andwhatis________.

A)need;like;feasible

B)like;canafford;needed

C)liketohave;need;feasibletooffer

D)need;canafford;useful

E)use;havetouse;available

Answer:

C

Diff:

3PageRef:

102

Skill:

Concept

Objective:

4-2

4)Marketersmustweighcarefullythecostsofadditionalinformationagainstthe________resultingfromit.

A)organization

B)benefits

C)creativity

D)ethicalissues

E)cost

Answer:

B

Diff:

1PageRef:

102

Skill:

Concept

Objective:

4-2

5)Fourcommonsourcesofinternaldataincludetheaccountingdepartment,operations,thesalesforce,andthe________.

A)owners

B)stockholders

C)marketingdepartment

D)competition

E)Web

Answer:

C

Diff:

2PageRef:

103

AACSB:

Communication

Skill:

Concept

Objective:

4-2

6)________isthesystematiccollectionandanalysisofpubliclyavailableinformationaboutconsumers,competitors,anddevelopmentsinthemarketingenvironment.

A)Marketingdata

B)Marketingintelligence

C)Salesmanagement

D)Customerintelligence

E)Competitiveintelligence

Answer:

B

Diff:

1PageRef:

103

Skill:

Concept

Objective:

4-2

7)WhichofthefollowingisNOTconsideredasourceofmarketingintelligence?

A)suppliers

B)resellers

C)keycustomers

D)causalresearch

E)activitiesofcompetitors

Answer:

D

Diff:

2PageRef:

104

Skill:

Concept

Objective:

4-2

8)WhichofthefollowingisNOTapotentialsourceformarketingintelligence?

A)lookingthroughcompetitors'garbage

B)purchasingcompetitors'products

C)monitoringcompetitors'sales

D)collectingprimarydata

E)talkingwithpurchasingagents

Answer:

D

Diff:

2PageRef:

104

Skill:

Concept

Objective:

4-2

9)Whatisthefirststepinthemarketingresearchprocess?

A)developingamarketinginformationsystem

B)definingtheproblemandresearchobjectives

C)developingtheresearchplanforcollectinginformation

D)implementingtheresearchplan

E)hiringanoutsideresearchspecialist

Answer:

B

Diff:

2PageRef:

105

Skill:

Concept

Objective:

4-3

10)Whichstepinthefour-stepmarketingresearchprocesshasbeenleftoutofthefollowinglist:

definingtheproblemsandresearchobjectives,implementingtheresearchplan,andinterpretingandreportingthefindings?

A)developingtheresearchbudget

B)choosingtheresearchagency

C)choosingtheresearchmethod

D)developingtheresearchplan

E)comparingandcontrastingprimaryandsecondarydata

Answer:

D

Diff:

2PageRef:

105

Skill:

Concept

Objective:

4-3

11)Managersoftenstartwith________researchandlaterfollowwith________research.

A)exploratory;causal

B)descriptive;causal

C)descriptive;exploratory

D)causal;descriptive

E)causal;exploratory

Answer:

A

Diff:

3PageRef:

106

Skill:

Concept

Objective:

4-3

12)Yourcolleagueisconfusedaboutusingthemarketingresearchprocess,asheknowsthatsomethingiswrongbutisnotsureofthespecificcausestoinvestigate.Heseemstobehavingproblemswith________,whichisoftenthehardeststeptotake.

A)developingtheresearchplan

B)determiningaresearchapproach

C)definingtheproblemandresearchobjectives

D)selectingaresearchagency

E)CandD

Answer:

C

Diff:

2PageRef:

106

Skill:

Concept

Objective:

4-3

13)Secondarydataconsistsofinformation________.

A)thatalreadyexistssomewherebutisoutdated

B)thatdoesnotcurrentlyexistinanorganizedform

C)thatalreadyexistsbutwascollectedforadifferentpurpose

D)usedbycompetitors

E)thatresearcherscanonlyobtainthroughsurveysandobservation

Answer:

C

Diff:

1PageRef:

107

Skill:

Concept

Objective:

4-3

14)Informationcollectedfromonlinedatabasesisanexampleof________data.

A)primary

B)secondary

C)observational

D)experimental

E)ethnographic

Answer:

B

Diff:

2PageRef:

107

AACSB:

UseofIT

Skill:

Concept

Objective:

4-3

15)Whichformofdatabelowcanusuallybeobtainedmorequicklyandatalowercostthantheothers?

A)primary

B)surveyresearch

C)experimentalresearch

D)secondary

E)observationalresearch

Answer:

D

Diff:

2PageRef:

108

Skill:

Concept

Objective:

4-3

16)Secondarydataare________.

A)collectedmostlyviasurveys

B)expensivetoobtain

C)neverpurchasedfromoutsidesuppliers

D)alwaysnecessarytosupportprimarydata

E)notalwaysveryusable

Answer:

E

Diff:

2PageRef:

109

Skill:

Concept

Objective:

4-3

17)Forprimarydatatobeusefultomarketers,itmustberelevant,current,unbiased,and________.

A)complete

B)accurate

C)inexpensive

D)collectedbeforesecondarydata

E)experimental

Answer:

B

Diff:

2PageRef:

109

Skill:

Concept

Objective:

4-3

18)Focusgroupinterviewinghasbecomeoneofthemajormarketingresearchtoolsforgettinginsightintoconsumerthoughtsandfeelings.However,ifthesamplesizeistoosmall,itislikelytobedifficultto________.

A)findenoughsecondarydatatosupportthefindings

B)orchestratecooperationamongparticipants

C)encouragehonestresponsestoquestions

D)generalizefromtheresults

E)findarepresentativesample

Answer:

D

Diff:

2PageRef:

112

Skill:

Concept

Objective:

4-3

19)Marketingresearchersusuallydrawconclusionsaboutlargegroupsofconsumersbystudyingasmall________ofthetotalconsumerpopulation.

A)group

B)targetgroup

C)population

D)sample

E)audience

Answer:

D

Diff:

1PageRef:

115

Skill:

Concept

Objective:

4-3

20)Themostcommonresearchinstrumentusedisthe________.

A)mechanicaldevice

B)liveinterviewer

C)questionnaire

D)focusgroup

E)peoplemeter

Answer:

C

Diff:

2PageRef:

118

Skill:

Concept

Objective:

4-3

21)Inmarketingresearch,the________phaseisgenerallythemostexpensiveandmostsubjecttoerror.

A)exploratoryresearch

B)planning

C)interpretingthefindings

D)reportingthefindings

E)datacollection

Answer:

E

Diff:

2PageRef:

119

Skill:

Concept

Objective:

4-3

22)AMFResearchGroupmustguardagainstproblemsduringtheimplementationphaseofmarketingresearchforitsclients.WhichofthefollowingisNOTaproblemthatshouldbeanticipatedduringthisphase?

A)contactingrespondents

B)respondentswhogivebiasedanswers

C)interviewerswhotakeshortcuts

D)interpretingandreportingthefindings

E)interviewerswhomakemistakes

Answer:

D

Diff:

2PageRef:

119

Skill:

Concept

Objective:

4-3

23)Typically,customerinformationisburieddeepinseparatedatabases,plans,andrecordsofmanydifferentcompanyfunctionsanddepartments.Toovercomesuchproblems,whichofthefollowingshouldyoutry?

A)customersatisfactionmanagement

B)moresophisticatedhardware

C)customerrelationshipmanagement

D)decreasedmarketingintelligence

E)amarketinginformationsystem

Answer:

C

Diff:

1PageRef:

120

Skill:

Concept

Objective:

4-4

24)Whichofthefollowingistrueaboutcustomerrelationshipmanagement(CRM)?

A)Itreliesoninformationproducedthroughprimaryresearch.

B)Itsaimistomaximizeprofitmargins.

C)Itsaimistoincreasetheefficiencyofeachcustomertouchpoint.

D)Itsaimistomaximizecustomerloyalty.

E)MostcompanieswhofirstimplementedCRMhavegreatlybenefitedfromtheresults.

Answer:

D

Diff:

2PageRef:

120

AACSB:

Communication

Skill:

Concept

Objective:

4-4

25)Whatsourceofmarketinginformationprovidesthosewithinthecompanyreadyaccesstoresearchinformation,storedreports,sharedworkdocuments,contactinformationforemployeesandotherstakeholders,andmore?

A)anintranet

B)anextranet

C)theInternet

D)marketingresearch

E)marketingintelligence

Answer:

A

Diff:

2PageRef:

122

AACSB:

UseofIT

Skill:

Concept

Objective:

4-3

26)Marketinginformationisonlyvaluablewhenitisusedto________.

A)simplifymanagement'sjob

B)identifyatargetmarket

C)pleaseshareholders

D)increaseefficienciesinthesupplychain

E)makebettermarketingdecisions

Answer:

E

Diff:

2PageRef:

122

Skill:

Concept

Objective:

4-4

27)Smallorganizationscanobtain,withminimaleffort,mostofwhichtypeofdataavailabletolargebusinesses?

A)observational

B)experimental

C)touchpoint

D)primary

E)secondary

Answer:

E

Diff:

2PageRef:

123

Skill:

Concept

Objective:

4-5

28)Theavailabilityofwhichofthefollowingismostproblematicininternationalmarketingresearch?

A)primarydata

B)researchspecialists

C)secondarydata

D)intelligencelimitations

E)consumerswillingtoanswersurveyquestions

Answer:

C

Diff:

2PageRef:

124

AACSB:

MulticulturalandDiversity

Skill:

Concept

Objective:

4-5

29)AneffectiveMISassessesinformationneeds,developsneededinformation,andhelpsdecisionmakersusetheinformation.

Answer:

TRUE

Diff:

1PageRef:

101

AACSB:

Communication

Skill:

Concept

Objective:

4-1

30)Toomuchmarketinginformationcanbeasharmfulastoolittle.

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