Vocab:
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 of study.
Secondary data- already been collected for some other purpose other than the current study.
Survey method- a research technique in which information is gathered from people through the use of surveys.
Sample- a part of the target population that is assumed to represent the entire population.
Observation method- a research technique in which the actions of people are watched and recorded either by cameras or observers.
Point-of-sale research- a powerful type of research that combines natural observation with personal interviews to get people to explain buying behavior.
Experimental method- a 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 collection.
Validity- exists when the questions asked measure what was intended to be measured.
Reliability- exists when a research technique produces nearly identical results in repeated trials.
Open-ended questions- ask the respondents to construct their own answer.
Forced choice questions- ask the respondent to choose answers from possibilities given.
Research steps:
Step 1- Defining the problem
Step 2- Obtaining data
Step 3- Analyzing the data
Step 4- Recommending solutions to a problem
Step 5- Applying the results
Other main points:
How secondary data is obtained- internal and external sources. Internet, U.S. government sources, consumer and business information companies, business and trade publications.
The Advantages- can be obtained easily because their are so many sources.
How primary data is obtained- can be obtained through company research projects or commercial research organizations. Survey method, observation method, and experimental method.
Basic guidelines for writing questions- write each question clearly and briefly. Don't ask leading questions that would suggest a correct answer. Avoid bias.
Formatting- Use dark ink on light paper. Shade sections. Put section headings and number the questions. Put directions.
Administering the questionnaire- All mailed questionnaires should be sent first-class with a hand signed cover letter. The cover should explain the survey.
Minor points:
Multiple choice questions- gives the respondent multiple choices to choose from. always put and "other" category.
Rating scale questions- asking the respondent to rate a product. these can be very statistical or can also range from excellent to poor.
Level of agreement questions- writing statements based on attitudes or opinions. Strongly agree, agree, neutral, disagree and strongly disagree.
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