Exam 1 Review - Marketing Research

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1
Primary data
info collected for a current research problem or opportunity
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Secondary Data
info previously collected for some other problem or issue
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Quantitative Research
Places heavy emphasis on using formal standard questions and predetermined response options in questionnaires or surveys administered to large numbers of responders
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Qualitative Research
Collection of data in the form of text or images using open-ended questions, observation, or "found" data
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Variable
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Construct
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Relationship
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Dependent Variable
the variable that is measured to answer the research question
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Independent Variable
variable that is manipulated
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Control Variables
do not vary freely or systematically with independent variables
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In Depth Interview
A one-on-one interview between a professional researcher and a research respondent
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Focus Group
responses to open ended questions are collected from a small group of participants who interactively and spontaneously discuss topics of interest to the researcher
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Ethnography
have someone live in a certain culture
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Projective Techniques
a standard series of ambiguous stimuli designed to elicit unique responses that reveal inner aspects of an individual's personality
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Nominal Scale
a scale in which objects or individuals are assigned to categories that have no numerical properties
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Ordinal Scale
a scale that allows a respondent to express relative magnitude between the answers to a question (answers can be ranked in order)
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Interval Scale
a scale of measurement in which the intervals between numbers on the scale are all equal in size
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Likert Scale
Asks respondents to indicate the extent to which they agree or disagree with a series of mental belief or behavioral belief statements about a given object
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Semantic Differential Scale
A unique bipolar ordinal scale format that captures a person's attitudes or feelings about a given object
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Balance Scale
has an equal number of positive (favorable) and negative (unfavorable) response alternatives
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Unbalanced Scale
has a larger number of response options on one side, either positive or negative
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Forced Choice Scale
A scale that doesn't have a neutral descriptor to divide the positive and negative answers
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Non Forced Choice Scale
a scale that has a neutral descriptor
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Descriptive Research
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Causal Research
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Validity
the extent to which the conclusions drawn from an experiment are true
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Internal Validity
the extent to which the research design accurately identifies causal relationships
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External Validity
the extent to which a causal relationship found in a study can be expected to be true for the entire target population
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Field Experiment
causal research designs that manipulate the independent variables in order to measure the dependent variable in a natural setting
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Sampling
The process of selecting representative units from a total population
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Probability Sampling
each sampling unit in the defined target population has a known probability of being selected for the sample
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Nonprobability Sampling
sampling designs in which the probability of selection of each sampling unit is not known. The selection of sampling units is based on the judgment of the researcher and may or may not be representative of the target population.
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Simple Random Sampling
a probability sampling procedure in which every sampling unit has a known and equal chance of being selected
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systematic random sampling
similar to simple random sampling but the defined target population is ordered in some way, usually in the form of a customer list, taxpayer roll, or membership roster, and selected systematically
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Stratified Random Sampling
separation of the target population into different groups, called strata, and the selection of samples from each stratum
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Area Sampling
all populations of customers divided based on their state (or zip code or street) and sample is picked randomly from each cluster
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Convenience Sampling
a nonprobability sampling method in which samples are drawn at the convenience of the researcher
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Judgment Sampling
a nonprobability sampling method in which participants selected according to an experienced individual's belief that they will meet the requirements of the study
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Quota Sampling
a nonprobability sampling method in which elements are selected according to pre-specified quotas regarding demographics, attitudes, behaviors, or some other criteria
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Snowball Sampling
a set of respondents is chosen and they help the researcher identify additional people to be included in the study
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Unstructured Questions
open-ended questions that allow respondents to answer in their own words
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Structured Questions
closed-ended questions that require the respondents to choose from a predetermined set of responses or scale points
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Screening Questions
Identify qualified prospective respondents
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Research Questions Section
the second section of the questionnaire that focuses on the research questions
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Response Order Bias
when the order of the questions or the closed-end repsonses to a particular question, influences the answer given
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common method variance (CMV)
a biased variance that results from the measurement method used in a questionnaire
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What are the steps in creating a survey?
Step 1: Confirm Research Objectives:
Step 2: Select Appropriate Data Collection Method
Step 3: Develop Questions and Scaling
Step 4: Determine Layout and Evaluate Questionnaire
Step 5: Obtain Initial Client Approval
Step 6: Pretest, Revise, and Finalize the Questionnaire
Step 7: Implement the Survey
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