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Chapter 2 Summary
Describe
the major environmental factors that are directly influencing
marketing research, and explain some of their impact on
the research process.
Several key environmental factors have significant impact
on changing the tasks, responsibilities, and efforts associated
with marketing research practices. The Internet and e-commerce,
gatekeeper technologies, and data privacy legislation, new
global structure expansions, and repositioning marketing
research as a strategy are forcing researchers to balance
their uses of secondary and primary data to assist decision
makers in solving decision problems and taking advantage
of opportunities. Researchers are being asked to improve
their ability to use technology-driven tools and databases.
There are also greater needs for faster data acquisition
and retrieval, analysis, interpretation of cross-functional
data and information among decision-making teams within
global market environments.
Describe
and discuss the four phases and the 10 integrative task
steps involved with the research process, and explain some
of the key activities within each step.
The information research process was discussed in terms
of four major phases, identified as (1) determination of
the research problem, (2) development of the appropriate
research design, (3) execution of the research design, and
(4) communication of the results. To achieve the overall
objectives of each phase, researchers must be able to successfully
execute 10 interrelated task steps: (1) determine and clarify
management's information needs, (2) redefine the decision
problem as a research problem, (3) establish research objectives
and determine the value of the information, (4) determine
and evaluate the research design and data sources, (5) determine
the sample plan and sample size, (6) determine the measurement
issues and scales, (7) collect and process data, (8) analyze
data, (9) transform data structures into information, and
(10) prepare and present the final report to management.
The overview of the steps highlighted the importance of
each step and showed how it was related to the other steps
in the research process.
Explain
the differences between raw data, stat structures, and information,
and explain the process by which raw data are transformed
into information that managers can use.
Researchers and decision makers must understand that raw
data, data structures, and information are different constructs.
Raw data consist of the responses obtained by either questioning
or observing people or physical phenomena. Data structures
are created by submitting the raw data to some type of analysis
procedure. In turn, information is created only when either
the researcher or decision maker narratively interprets
data structures.
Identify
the most critical task step in the research process, and
explain why it is so important.
While all the task steps are necessary, Task step 2, redefine
the decision problem as a research problem, is the most
critical in the overall research process. How the information
problem in stated in research terms directly influences
many, if not all, of the other steps. It is in this step
that researchers identify the variables of the decision
problem and transform them into key how, when, what, where,
and why questions. Without an accurate definition of the
research problem, it is highly unlikely that the research
process will produce the high-quality and pertinent information
needed by the decision maker.
Distinguish
among exploratory, descriptive, and causal research designs.
The main objective of exploratory research designs is to
create information that the researcher or decision maker
can use to (1) gain a clearer understanding of the decision
problem; (2) define or redefine the initial problem, separating
the symptom variables from the independent and dependent
factors; (3) crystallize the problem and the objective;
or (4) identify the specific information requirements (e.g.,
facts, estimates, predictions, variable relationships).
Exploratory research designs are not intended to provide
conclusive information from which a particular course of
action can be determined.
Descriptive research designs focus on using a set of scientific
methods to collect raw data and create data structures that
are used to describe the existing characteristics (e.g.,
attitudes, intentions, preferences, purchase behaviors,
evaluations of current marketing mix strategies) of a defined
target population. The researcher looks for answers to how,
who, what, when, and where questions. Information from this
type of research design allows decision makers to draw inferences
about their customers, competitors, target markets, environmental
factors, or other phenomena of concern.
Finally, causal research designs are most useful when the
research objectives include the need to understand why market
objectives include the need to understand why market phenomena
happen. The focus of this type of research design is to
collect raw data and create data structures and information
that will allow the decision maker or researcher to model
cause-and-effect relationships between two or more variables.
List
the critical issues in the development of a sampling plan,
and explain the basic differences between a probability
and nonprobability sampling plan.
A sampling plan is a blueprint for correctly defining the
appropriate target population, establishing the procedural
steps needed to draw the required sample and determining
the appropriate size of the sample. Some of the critical
questions that researchers must address when developing
a sampling plan are the following: Who would be the best
type of person to question or observe? What explicit demographic
or behavioral traits should be used to identify population
membership? How many population elements must be drawn into
the sample to ensure the representativeness of the population
membership? How reliable does the resulting information
have to be for the decision maker? What technique should
be used in the actual selection of sampling units? What
are the time and cost constraints associated with developing
and executing the appropriate sampling plan?
Identify
and explain the major components of a solid research proposal.
Once the researcher understands the different phases and
task steps of the information research process, he or she
can develop a solid research proposal. The proposal serves
as a contract between the researcher and the decision maker.
There are nine specific content sections suggested for inclusion:
(1) purpose of the proposed research project, (2) type of
study, (3) definition of the target population and sample
size, (4) sample design, technique, and data collection
method; (5) specific research instruments; (6) potential
managerial benefits of the proposed study; (7) proposed
cost structure for the total project; (8) profile of the
researcher and company; and (9) optional dummy tables of
the projected results.
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