BA585 midterm exam
Question 1.1.
_____ is conducted to address a specific business decision for a specific firm or organization.
(Points : 1)
Basic business research
Qualitative business research
Quantitative business research
Applied business research
Question 2.2.
All of the following are important aspects of the business research process EXCEPT _____.
(Points : 1)
gathering information
idea and theory development
analyzing data
making results publicly available
Question 3.3.
Campbell’s Soup is considering launching a new gumbo product and is testing different recipes with consumers before full commercialization. What type of research is Campbell’s using to determine which soup consumers will like the best?
(Points : 1)
secondary research
basic research
applied research
test research
Question 4.4.
All of the following are factors considered when deciding whether or not research is needed EXCEPT _____.
(Points : 1)
nature of the decision
availability of data
managerial experience
benefits versus costs
Question 5.5.
A business professor is examining the relationship between age and ethical business behavior. The research is not being conducted for any specific business or even industry, but rather it is intended to better understand and predict this behavior across all aspects of business. This professor is conducting which type of business research?
(Points : 1)
basic business research
formal business research
applied business research
abstract business research
Question 6.6.
In general, the ______ important a decision is strategically to the organization, the ______ likely that research will be undertaken.
(Points : 1)
less; more
more; more
more; less
none of these choices
Question 7.7.
Consumer research conducted in the United States indicates that many consumers consider the country of origin when purchasing products, and consumers tend to prefer products that are made in the U.S.A. To determine if consumers in other countries are partial to their own country’s products, what must be done before the empirical findings from the research conducted among U.S. consumers also exist and behave similarly in another culture?
(Points : 1)
reliability assessment
cultural cross-validation
benefit/cost analysis
cultural-monitoring research
Question 8.8.
When a manager decides not to do research because a decision needs to be made before the results of the study can be analyzed, this is an example of which aspect in the determination of the need for marketing research?
(Points : 1)
nature of the decision
time constraints
availability of the data
cost considerations
Question 9.9.
When a manager is trying to decide whether a new product launch decision should be postponed until some additional research can be conducted, which of the following questions should this manager ask himself or herself?
(Points : 1)
Is the proposed research expenditure the best use of the available funds?
Will the information gained by business research improve the quality of the business decision enough to warrant the expenditure?
Will the payoff from the research be worth the dollar expenditures for research?
all of these choices
Question 10.10.
A firm focusing more on how to provide value to customers than on the physical product or production process is embracing which business orientation?
(Points : 1)
marketing orientation
quality orientation
external orientation
value orientation
Question 11.11.
Wal-Mart is the low-cost leader in retail. This company achieves this success by prioritizing efficiency in its distribution process. Which business orientation is Wal-Mart exhibiting when it prioritizes efficiency and effectiveness of the supply chain process (i.e., getting products into the stores) in making decisions?
(Points : 1)
production-orientated
product-oriented
marketing-oriented
technically-oriented
Question 12.12.
_____ is the formal, objective measurement and appraisal of the extent a given activity, project, or program has achieved its objectives or whether continuing programs are presently performing as projected.
(Points : 1)
Monitoring research
Performance research
Comprehensive research
Evaluation research
Question 13.13.
All of the following are business orientations EXCEPT _____.
(Points : 1)
management-oriented
product-oriented
production-oriented
marketing-oriented
Question 14.14.
Which of the following is the first step in developing a business strategy?
(Points : 1)
analyzing firm performance
identifying problems or opportunities
selecting and implementing a course of action
diagnosing and assessing problems or opportunities
Question 15.15.
When conducting research internationally, it is important to _____ research results, which means the researcher verifies that the empirical findings from one culture also exist and behave similarly in another culture.
(Points : 1)
cross-validate
simulate
integrate
cross-analyze
Question 16.16.
When Target stores monitors the sales activities of its retail stores in order to detect any indication of dollar sales changes, this is an example of which type of research?
(Points : 1)
relationship marketing research
total quality management research
basic research
performance-monitoring research
Question 17.17.
Which of the following refers to the way researchers go about using knowledge and evidence to reach objective conclusions about the real world?
(Points : 1)
qualitative method
quantitative method
scientific method
primary method
Question 18.18.
The Chief Financial Officer (CFO) requested research to determine if the financing option the company implemented for a new capital investment initiative achieved the objective of reducing the company’s tax liability. Which type of research is appropriate for evaluating this course of action?
(Points : 1)
basic research
post-hoc research
evaluation research
financial research
Question 19.19.
Which of the following is FALSE regarding business research?
(Points : 1)
Business research covers a wide range of phenomena.
Business research is not considered rigorous enough to apply the scientific method.
The purpose of business research is to provide knowledge to managers.
Business research can be directed toward an element of an organization’s internal operations.
Question 20.20.
Which type of research tries to verify a theory or to learn more about a business concept and is not intended to solve a particular business problem?
(Points : 1)
performance-monitoring research
basic research
total quality management
the scientific method
(answer-http://www.studymode.com/essays/Example-Question-836698.html available here)
Question 21.21.
Which of the following is a method of data collection that is used in surveys?
(Points : 1)
telephone
the Internet
all of these choices
Question 22.22.
Companies, such as Kraft and Procter & Gamble, conduct research to clarify ambiguous situations or discover ideas that may be potential business opportunities. What type of business research is this?
(Points : 1)
inferential
causal
descriptive
exploratory
Question 23.23.
Carol was invited to participate in a research study along with ten other employees to discuss their experiences using the company intranet. The group was asked to discuss their experiences and were encouraged to feed on each other’s comments. What is this type of study called?
(Points : 1)
multivariate research
literature review
pretest
focus group interview
Question 24.24.
Jackie has noticed that when the temperature rises, sales at her clothing boutique also rise. This is an example of _____.
(Points : 1)
concomitant variation
nonspurious variation
linear variation
absolute variation
Question 25.25.
When the researcher has only one or a small number of research objectives that can be addressed in a single study, that study is referred to as a _____.
(Points : 1)
research project
research program
research assessment
research snapshot
Question 26.26.
Which type of association is said to occur when any covariation between a cause and effect is indeed due to the cause and not simply due to some other variable?
(Points : 1)
nonspurious association
spurious association
concomitant association
temporal association
Question 27.27.
When drivers are unaware that a machine is recording how many cars pass a certain intersection that is being considered for a site for a new Wendy’s franchise, this is an example of a(n) _____.
(Points : 1)
obtrusive method
unobtrusive method
experiment
exploratory research study
Question 28.28.
_____ is the process of developing and deciding among alternative ways of resolving a problem or choosing from among alternative opportunities.
(Points : 1)
Business
Business research
Decision making
Verification
Question 29.29.
Which degree of causality means that the cause is necessary and sufficient to bring about the effect?
(Points : 1)
first-degree causality
absolute causality
conditional causality
contributory causality
Question 30.30.
Which of the following means that the decision maker has all information needed to make an optimal decision?
(Points : 1)
certainty
ambiguity
concomitant variation
non-spurious association
Question 31.31.
_____ means that the researcher alters the level of the experimental variable in specific increments.
(Points : 1)
Causality
Testing
Analyzing
Manipulation
Question 32.32.
The Small Business Development Center is conducting an email survey with 25 of its client small businesses to examine the use of mobile marketing applications. This is a precursor to a larger study in which the questionnaire will be sent nationwide to more than 1,000 similar small businesses. This initial small-scale project is known as a _____.
(Points : 1)
testing study
pilot study
preliminary study
test market
Question 33.33.
All of the following are examples of exploratory research techniques EXCEPT _____.
(Points : 1)
previous research
pilot studies
case studies
experimentation
Question 34.34.
Which of the following is a carefully controlled study in which the researcher manipulates a proposed cause and observes any corresponding change in the proposed effect?
(Points : 1)
survey
unobtrusive observation
diagnostic analysis
experiment
analyzing the data
editing the data
coding the data
reporting the results
|
diagnostic analysis
manipulation
causal inference
deliverable
|
business threat
forward linkage
symptom
business opportunity
|
exploratory study
descriptive study
experiment
diagnostic analysis
|
sampling
theorizing
segmenting
causal inference
|
business threat
business opportunity
backward linkage
test market
|
actual business performance is less than possible business performance
actual business performance is greater than expected business performance
actual business performance is worse than expected business performance
expected business performance is greater than possible business performance
|
primary
interactive
independent
first-order
|
problem definition
decision statement
research proposal
hypothesis
|
peeling techniques
iceberg technique
80/20 techniques
interrogative techniques
|
determine the unit of analysis
write managerial decision statement and corresponding research objectives
determine the relevant variables and how to measure them
write research questions and/or research hypotheses
|
gap analysis
pre-research analysis
basic analysis
situation analysis
|
an employee
a sales region
a zip code area
all of these choices
|
continuous variable
primary variable
dependent variable
categorical variable
|
continuous variable
categorical variable
lexicographic variable
dependent variable
|
situation analysis
exploratory review
environmental scan
preliminary analysis
|
situation is recurring or routine
a dramatic change occurs
symptoms are scattered
symptoms are consistent
|
probing
peeling
immersion
ethnography
|
continuous
categorical
constant
dependent
|
primary variable
absolute variable
dependent variable
independent variable
|
identify key problem(s) from symptoms
determine the unit of analysis
develop dummy tables
determine relevant variables
|
How does that make you feel?
Why do you think that is so?
What has changed?
What does _____ make you think of?
|
applied business research
dependent business research
funded business research
analytical business research
|
determine the unit of analysis
identify the problem
identify key symptoms in the situation
determine the relevant variables
|
dependent variable
categorical variable
classificatory variable
independent variable
|
research proposal
research statement
research blueprint
managerial action statement
|
data conversion
reliability assessment
cross-checking
data mining
|
neural networking
scandowns
database marketing
market-basket analysis
|
data conversion
cross-check
data mining
data enhancement
|
data mining
data division
data conversion
data validation
|
advertising research
market-share data
consumer attitudes and public opinions
all of these choices
|
environmental scanning
model building
database marketing
data mining
|
primary data
single-source data
compound data
integrated data
|
model building
database marketing
data conversion
diary panel data |
Data transformation
Data analysis
Model building
Fact-finding
|
Are the data in the correct unit of measurement?
Do the data apply to the time period of interest?
Are the data supplied by a reputable source?
Do the data show evidence of reliability and validity?
|
data conversion
validation
reliability
model building
|
fact-finding
model building
forecasting sales
database marketing
|
proprietary data
external data
internal data
primary data
|
libraries
trade associations
government
media
|
3.56
12.65
159.99
330.06
|
database marketing
neural networks
customer discovery
electronic marketing
|
data mining
data digging
sugging
neural networking
|
Most of the data published by the U.S. federal government can be counted on for accuracy and quality of investigation.
Provides a real-time view of business news and financial statistics including stock values, exchange rates, and more.
Provides customer satisfaction ratings for hundreds of large firms doing business in the United States.
Reports market-share data using Universal Product Codes (UPC) and optical scanning at retail store checkouts.
|
faster; more
slower; more
faster; less
slower; less
|
The moving average forecasting is best suited to a dynamic competitive environment.
Accurate sales forecasts frequently come from secondary data research.
Simple moving averages are often applied in practice.
Marketing researchers often use internal company sales records to project sales.
|
variable |
empirical
level |
deductive
reasoning |
causality |
conceptual
hierarchy |
latent
construct |
empirical level |
hypothesis |
hypothesis |
hypothesis |
hypothesis |
confirmed |
deductive
reasoning |
validation |
theory |
assessment
of relevant existing knowledge of a phenomenon |
speculating
and confirming |
concept |
indirect
construct |
variable |
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Rating:
/5
Solution: BA585 midterm exam