MKTG 3300 CHAPTER 2 – Flashcards

Unlock all answers in this set

Unlock answers
question
Which of the following professional organizations is devoted to improving the quality of the marketing research industry and to ensuring the future of the marketing research profession?
answer
MRA (Marketing Research Association)
question
The marketing research industry has a certification program for marketing researchers, and this certification program is hosted by:
answer
Marketing Research Association.
question
What did the Marketing Research Association do in 2005 that changed the credentialing of marketing research professionals?
answer
They created the Professional Researcher Certification program.
question
Who, among the following, is given credit for conducting the first continuous and organized marketing research and is also recognized today as the "Father of Marketing Research
answer
Charles Coolidge Parlin
question
What was the significance of the years following the Industrial Revolution to the marketing research industry?
answer
Companies were separated from their customers, and there was a need to understand faraway markets
question
In terms of the evolution of the marketing research industry, what was the significance of the era which ranged from about 1940 to 1960?
answer
Focus groups, statistical analysis, and the computer became part of the marketing researchers' tool kit, greatly aiding them in their research efforts.
question
Which of the following best explains the role of marketing research by the 1960s?
answer
Marketing research gained acceptance in organizations and was recognized as being needed for survival.
question
An annual publication that lists the top 25 global marketing research firms in the world is known as
answer
the Honomichl Global Top 25.
question
Which of the following reports a list of marketing research firms ranked in terms of revenues from U. S. operations only?
answer
the Honomichl Top 50
question
The largest marketing research firm in the world is
answer
Nielsen Holdings N.V. Co.
question
In discussing the structure of the marketing research industry, the authors define an internal supplier firm as one that:
answer
has its marketing research provided by an entity, such as a marketing research department, within the firm.
question
Owners/proprietors of small firms are more likely to take advantage of:
answer
do-it-yourself research
question
Which of the following types of marketing research firms would be considered "limited-service" firms?
answer
field services firms
question
External supplier firms may be either:
answer
full-service or limited-service firms.
question
Full-service supplier firms:
answer
have the ability to conduct the entire marketing research project.
question
Firms that collect information, store it on a common database, and make it available to multiple subscribers are called:
answer
syndicated data service firms
question
Firms that specialize in collecting data are called
answer
field services firms.
question
A research firm that uses only one technique, such as eye movement research or taste testing, would be called
answer
a limited-service supplier firm.
question
________ is (are) a key driver for revenues in the marketing research industry.
answer
Corporate profits
question
Current studies show that the health of the marketing research industry ________ that of the economy in general.
answer
significantly exceeds
question
Research revenues vary around the world, but ________ has the largest market share
answer
Europe
question
Which of the following is the fastest growing country, in terms of net growth revenue gains for market researchers from 2009 to 2010?
answer
Austria
question
As the marketing research industry evolves, traditionalists question whether the challenges posed by ________ threaten to render the industry obsolete.
answer
the explosion of technological tools and providers
question
The 2007 Confirmit industry survey of firms in several countries reported that the leading challenge facing the marketing research industry was
answer
falling response rates
question
The issue of ________ continues to be dominant in today's world of "scraping" websites to gather information.
answer
privacy
question
Some suggested remedies for some of the problems we see in the marketing research industry are
answer
certification and education.
question
For more than a decade, ________ has monitored industry trends, publishing an annual report on data provided to the industry in terms of what techniques are being used as well as what drives their use.
answer
Greenbook
question
Certification of marketing researchers means
answer
those certified have passed some standard(s) of performance.
question
Marketing researcher certification, PRC, stands for:
answer
Professional Researcher Certification.
question
Professional organizations try to prescribe ethical behavior for members by creating
answer
codes of ethical behavior
question
What does sugging refer to?
answer
selling under the guise of a survey
question
What does frugging refer to
answer
fundraising under the guise of a survey
question
Which of the issues below best illustrates researchers falsifying data in order to make the findings consistent with predetermined points of view?
answer
lack of research integrity
question
Requests for researchers to conduct a study among 8 to 12 year olds to understand how to persuade kids to demand more of their products (soft drinks and vending machine food) in schools demonstrates the need to:
answer
make improvements to ethical conduct in the industry.
question
Which of the following is true regarding what the authors have to say about the percentage of respondents willing to participate in research surveys?
answer
The percentage has been going down.
question
Deception, especially invasion of privacy, is a serious ethical issue in marketing research and occurs in research studies. Which of the following is an example of deception? A) Potential respondents are not told the true identity of the sponsor of the research. B) Potential respondents are viewed during a study without their permission. C) Potential respondents are told they will remain anonymous when they will not. D) all of the above E) none of the above
answer
D) all of the above
question
A common ethical code among major associations is to ensure that respondents understand that they may elect to not participate in a research request. This code falls into the category of:
answer
fair dealings with respondents.
question
A common ethical code among major associations is to ensure that researchers will not collect information for more than one client at the same time without explicit permission from the clients involved. This code falls into the category of:
answer
fair dealings with clients and subcontractors.
question
A common ethical code among major associations is to ensure that researchers will not misrepresent the impact of the sampling method and its impact on sample data. This code falls into the category of:
answer
maintaining research integrity.
question
A common ethical code among major associations is to ensure that research released for public information will contain information to ensure transparency. This code falls into the category of:
answer
concern for society.
question
The PRC has been quickly adopted by both clients and research professionals.
answer
true
question
Charles Coolidge Parlin is the current president of the Marketing Research Association and started the PRC certification program
answer
false
question
During the early days of the history of the United States, artisans and craftsmen were involved in barter exchange and understood their customers wants and needs. There was not much need for marketing research.
answer
true
question
By the 1960s, marketing research not only had gained acceptance in organizations, but was recognized as important to firms' survival.
answer
true
question
The Honomichl Global Top 25 is an annual listing of marketing research firms ordered in terms of revenue generated ONLY in the United States.
answer
false
question
World revenues for the marketing research industry are about $300 billion annually.
answer
false
question
The Honomichl Top 50 is an annual report listing the top 50 marketing research firms in terms of revenues earned in the United States.
answer
true
question
Research suppliers may be thought of as consisting of two groups: internal suppliers and external suppliers.
answer
true
question
General Mills has a research department that provides for the function of marketing research at the company. This is an example of what we mean by an external supplier firm.
answer
false
question
Marketing research firms classified as "market segment specialists" and "field services" firms are categorized as being full-service supplier firms.
answer
false
question
Internal supplier firms organize the research function by using either committees or by assigning individuals the responsibility. They do not have their own departments of marketing research.
answer
false
question
Very few of the largest firms (sales volumes in excess of $500 million) have their own marketing research departments, but they usually have at least one person responsible for conducting marketing research.
answer
false
question
The basic function of formal marketing research departments is to provide information to internal decision makers.
answer
true
question
External supplier firms may be classified into the two categories of full-service and field data service firms.
answer
false
question
In most cases, internal suppliers of marketing research also purchase research from external suppliers.
answer
true
question
In the marketing research industry, full-service supplier firms have the ability to define the problem, specify the research design, collect and analyze the data, and prepare the final report as part of their service.
answer
true
question
Syndicated data services companies provide customized information and services to individual clients
answer
false
question
Packaged services firms use a proprietary process to conduct a service such as test marketing or measuring customer or employee satisfaction.
answer
true
question
Customized service firms tailor research services to each client's specific needs.
answer
true
question
Many limited-service firms specialize in some form of online research.
answer
true
question
Examples of "online research services firms" include Toluna, Knowledge Networks, and Mindfield Internet Panels.
answer
true
question
Field service firms specialize in collecting data and are full-service firms.
answer
false
question
A firm specializing in developing samples for companies desiring to conduct marketing research would be an example of a limited-service firm.
answer
true
question
Companies that specialize in services such as eye movement research, mystery shopping, taste tests, fragrance tests, and so on are categorized as limited service, specialized research technique firms.
answer
true
question
Marketing researchers may be certified, and the certification is called the Professional Researchers Certification (PRC).
answer
true
question
In evaluations conducted on the performance of the marketing research industry, the conclusions have been consistent in saying that the industry is plagued with so many problems that it has not been able to operate at any level other than "unsatisfactory."
answer
false
question
Some critics believe that both marketing and marketing research have lost importance in organizations, and that marketing research no longer represents the "voice of the consumer."
answer
true
question
Some critics of the marketing research industry believe that the industry is too "tool" oriented, and often the problem is defined in terms of being compatible with an existing tool. Thus, researchers fail to consider focusing on the more complex strategic issues facing the firm
answer
true
question
Some critics of the marketing research industry believe that marketing research is done too quickly. Researchers need to slow down to improve the value of the research information they are providing clients.
answer
false
question
Several industry initiatives are directed at keeping the public informed about the value of research, the appropriateness of research methods, and the ethics the industry uses in collecting research information.
answer
true
question
Given the many problems facing the marketing research industry, suggestions for improvement have centered around certification and education.
answer
true
question
PRC, Professional Researcher Certification, is a designation that indicates the achievement of a minimal standard of performance.
answer
false
question
Once PRC certification is awarded to an individual, there is no requirement that the individual do anything else to maintain his/her certification.
answer
false
question
While there are many individual classes available for educating members of the marketing research profession, as of 2010, there are no masters programs offering a specialization in marketing research.
answer
false
question
The marketing research industry offers many educational opportunities for members of the industry. One highly regarded training program is offered through The Burke Institute.
answer
true
question
Ethics may be defined as a field of inquiry into determining what behaviors are deemed appropriate under certain circumstances as prescribed by codes of behavior that are set by the government.
answer
false
question
Although they abound in other areas, codes of ethical behavior have yet to be proposed in the marketing research industry.
answer
false
question
Although sugging is considered unethical, it is not illegal
answer
false
question
Although frugging is considered unethical, it is not illegal.
answer
true
question
Most industry codes of ethics are for the purpose of self-regulating professionals' behavior.
answer
true
question
One ethical issue that does not affect the marketing research industry is research integrity. Because marketing research objectively gathers and reports information, there is no issue with withholding, altering, or intentionally misinterpreting information.
answer
false
question
An ethical issue arises in the marketing research industry when researchers are asked to conduct marketing research on topics such as: how to get more teens to smoke and how to develop Saturday a.m. TV ads, directed at children, whose purpose it is to increase sugar consumption.
answer
true
question
Although ethical issues abound in the conduct of marketing research, there is no evidence that any marketing research firms are being "proactive" and actually helping clients to determine how consumers may evaluate a client's proposed strategy in terms of ethical standards.
answer
false
question
Respondent cooperation rates have gone down in the marketing research industry
answer
true
question
An example of deception in marketing research is to observe shoppers in a supermarket without their permission.
answer
true
question
While you can go directly into marketing research after college, a graduate degree is highly desirable.
answer
true
question
In recent years, marketing researchers have come to view themselves as staff members who supply management with information, and information generated by their marketing research "tools." Marketing researchers, when confronted with a problem, determine which of their "tools" should be applied. This situation was discussed in your text and represents:
answer
a demise in the significance of research, in that the tools are too quickly applied instead of the researchers being involved in making strategy decisions for the firm.
Get an explanation on any task
Get unstuck with the help of our AI assistant in seconds
New