Tuesday, 22 September 2020

RESEARCH QUESTIONS SET 4

 RESEARCH QUESTIONS SET 4

 

________ refers to the information a customer has stored in their memory about a product / service

a.    Cognitive dissonance

b.    Product knowledge

c.    Marketing research

d.    Product research

Ans: b. product knowledge

 

In pricing research, Respondents are presented with a product concept and asked how likely they are to purchase this product at a specific price

a.    Gabor Granger Method

b.    Van Westendorp Price Sensitivity Meter

c.    Concept test

d.    Brand Price Trade Off (BPTO)

Ans: c. concept test

 

In pricing research, a method used to measure preferences for product features, to learn how changes to price affect demand for products / services and to forecast the likely acceptance of a product if brought to the market

a.    Gabor Granger Method

b.    Van Westendorp Price Sensitivity Meter

c.    Brand Price Trade Off (BPTO)

d.    Conjoint Analysis

Ans: d. Conjoint analysis

 

In pricing research, several brands are shown at once and the customer chooses the preferred option

a.    Gabor Granger Method

b.    Van Westendorp Price Sensitivity Meter

c.    Concept test

d.    Brand Price Trade Off (BPTO)

Ans: d. Brand Price Trade Off (BPTO)

 

Packaging and labeling are associated with:

a.    Price mix

b.    Place mix

c.    Product mix

d.    Promotion mix

Ans: c. Product mix

 

A productions position refers to

a.    Its shelf location in retail stores

b.    An image of the product in the consumers mind relative to competing products

c.    Its price relative to competitor’s product

d.    Its price relative to other products in the product line of the company

Ans: b. An image of the product in the consumers mind relative to competing products

 

________ is the amount of money one must pay to obtain the right to use the product

a.    Consumer cost

b.    Price

c.    Total cost

d.    Value

Ans: b. Price

 

The famous washing powder challenge had customers test two brands of detergent power without letting them know the brand name of either. Which type of test is this?

a.    Perceptual test

b.    Blind test

c.    Generic test

d.    Surrogate test

Ans: b. Blind test

 

Original products, product improvements, product modifications and new brands that a firm develops through its own research and development efforts are called

a.    New products

b.    Concept products

c.    Altered products

d.    Supplemental products

Ans: a. new products

 

Presenting new-product ideas to consumers in symbolic / physical ways to measure their reactions occurs during which of the following steps?

a.    Idea generation

b.    Screening

c.    Concept testing

d.    Marketing strategy

Ans: c. concept testing

 

The __________ identifies the product or the brand. It might also describe several things about the product

a.    Line extension

b.    Social marketing

c.    Specialty product

d.    Label

Ans: d. label

 

Rahul participating in a market research study was asked to describe the criteria someone who needs a walker might use to evaluate alternatives. The researcher was not asking Rahul what criteria he would use, but rather the criteria he thinks someone else would use. Name the technique the researcher used

a.    Tangible technique

b.    Intangible technique

c.    Projective technique

d.    Conjoint analysis

Ans: c. Projective technique

 

A technique that requires consumers to judge the similarity of alternative brands is

a.    Conjoint analysis

b.    Altitude survey

c.    Semantic differential scale

d.    Perceptual mapping

             Ans: d. Perceptual mapping

 

Which of the following is the most widely used technique for measuring consumers judgements of brand performance on specific attributes?

a.    Rank ordering scales

b.    Semantic differential scales

c.    Nominal scales

d.    Likert scale

Ans: b. Semantic Differential scales

 

After idea generation has occurred in the new product development process, the next stage is most likely to be

a.    Ideation

b.    Idea screening

c.    Concept development testing

d.    Test marketing

Ans: b. idea screening



FOR MORE PRACTICE QUESTIONS CLICK ON THE LINKS BELOW:

SET 1

https://www.blogger.com/blog/post/edit/preview/8282621946423313561/6494755795687094323

 

SET 2

https://sstuffsimplified.blogspot.com/2020/09/research-questions-set-2.html

 

SET 3

https://sstuffsimplified.blogspot.com/2020/09/research-questsions-set-3.html

 

SET 5

https://sstuffsimplified.blogspot.com/2020/09/research-qu

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