A) marketing information systems gather, access, and analyze data from intracompany sources, while marketing research handles all external sources.
B) both tend to focus on nonrecurring information needs.
C) marketing information systems tend to increase the quantity of information available for decision making, but with some decrease in quality.
D) neither involves the use of big data.
E) None of these alternatives is true.
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Multiple Choice
A) most companies have much useful information, but it often isn't available or accessible when the manager needs it.
B) most market-oriented companies only need a certain type of information once or twice.
C) marketing research data is rarely as accurate as data from a marketing information system.
D) market-oriented managers can always use more data.
E) a company that can't afford marketing research should at least have a marketing information system.
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True/False
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Multiple Choice
A) cross-tabulation
B) validity
C) regularity
D) dependability
E) confidence
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Multiple Choice
A) qualitative
B) sample
C) population
D) response
E) expectancy
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Multiple Choice
A) may use both internal and external sources of information.
B) may need to make some decisions based on incomplete information.
C) may need to rely on his or her own instincts to make some decisions.
D) should have access to ongoing information about business performance.
E) all of these alternatives are correct.
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Multiple Choice
A) It is a procedure that develops and analyzes new information about a market.
B) It identifies a detailed breakdown of a company's sales records.
C) It refers to a plan that specifies what information will be obtained and how.
D) It is a statement of relationships among marketing variables.
E) It supports a software that organizes incoming information into a data warehouse.
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Multiple Choice
A) The input of marketing managers is not needed in developing an MIS; marketers should leave everything to information technology specialists.
B) Can be used to improve implementation and control.
C) A good MIS converts information into raw data.
D) An MIS provides an alternative to big data.
E) All of these statements about a marketing information system are correct.
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Multiple Choice
A) They are not effective for getting quick answers.
B) Fast data analysis is not possible.
C) Response rates are low.
D) They cannot be used in markets where illiteracy is a problem.
E) They are very expensive.
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Multiple Choice
A) In this step, managers use the research results to make decisions.
B) Research needs to have action implications to have value.
C) Managers should be able to apply the research findings to marketing strategy planning.
D) Research that does not provide information that is useful for decision-making is a waste of time and money.
E) All of these statements are True.
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Multiple Choice
A) means identifying the symptoms.
B) usually requires that problem specific data be collected and interpreted.
C) may have to wait until after a situation analysis has been completed.
D) All of these alternatives are true.
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Multiple Choice
A) U.S. Census Bureau reports.
B) Company records on sales, costs, and advertising.
C) Market tests.
D) A Google search.
E) None of these is a good choice.
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True/False
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True/False
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Multiple Choice
A) data warehouse
B) non-directive interview
C) response rate
D) consumer panel
E) situation analysis
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Multiple Choice
A) Internet searches often identify too many irrelevant sources.
B) Information on the Internet is readily available and very reliable.
C) Much of the information stored on the Internet is in database formats.
D) The key to the Internet is finding what's needed.
E) Powerful Internet search engines provide lists of links to websites that include words specified by the researcher.
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Multiple Choice
A) Focus group surveys
B) Library research
C) Marketing information system
D) U.S. government-published data
E) Internet research
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Multiple Choice
A) If a firm is well-established internationally, working with local market research firms in the countries of interest is less useful.
B) It is impossible to coordinate similar marketing research efforts under way in several countries due to language and cultural differences.
C) Accurate data (both primary and secondary data) may be hard to find in international markets.
D) It is impossible to standardize the elements of an international marketing information system.
E) Comparing the results of one market area to another complicates a home office manager's understanding of markets.
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True/False
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Multiple Choice
A) Are usually composed of 15-25 people.
B) Yield results that are largely dependent on the viewpoint of the researcher.
C) Always do a good job of representing the broader target market.
D) Are expensive compared to other marketing research methods.
E) Are conducted in a formal group setting.
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