Monday, November 28, 2016

Chapter 29 Study Guide

Vocabulary:

Problem Definition- occurs when a business clearly identifies a problem or research issue and the information that is necessary to solve it

Primary Data- data obtained for the first time and used specifically for the particular problem or issue under study (Survey Method, Observation Method, The Experimental Method)

Secondary Data- already been collected for some purpose other than the current study (Internet Sources, U.S. Government Sources, Consumer and Business Information Companies, Business and Trade Publication)

Survey Method- a research technique in which information is gathered from people through the use of surveys or questionnaires

Sample- part of a target population that is assumed to represent the entire population

Observation Method- research technique in which the actions of people are watched and recorded either by cameras or observers

Point-of-Sale Research- powerful form of research that combines natural observation with personal interviews to get people to explain buying behavior

Experimental Method- research technique in which a researcher observes the results of changing one or more marketing variables while keeping certain other variables constant under controlled conditions

Data Analysis- the process of compiling, analyzing, and interpreting the results of primary and secondary data collection

Validity- exsits when the questions asked measure what was intnded to be measured

Reliability- exists when a research technique produces nearly identical results in repeated trials

Open-Ended Questions- ask respondents to construct their own response to a question; for example, "How can we serve you better?"

Forced-Choice Questions- ask respondents to choose answers from possibilities given on a questionnaire, simplist question to write and easist to tabulate
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Research Steps
  1. Defining the Problem
  2. Obtaining Data
  3. Analyzing the Data
  4. Recommending Solutions to the Problem
  5. Applying the Results
Other Points

Basic Guidelines to Writing Questions
  1. Written clearly and as briefly as possible 
  2. Ranking questions or scale 
  3. Don't ask leading questions and don't be bias
  4. Avoid "guessing" questions
Formatting
  • Must have excellent visual appearance
  • Dark Ink (usually black)- Easy to Read
  • Headings and or numbers on individual sections of a survey
  • More than one page- button at the bottom indicating there's another page
  • Directions must be clear
  • General Demographic Questions (gender, age, ethnic background, education, etc.)
Administering the Questionnaire-
  • Deadlines
  • Personalized
  • Cover should explain the purpose
  • Paid postage envelope should be paid for the return of the survey
Computer Techniques-
  • Information can be stored, sorted and used to improve processes in the future


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