Proctor 1 Exam DESIGN AND DATA/ QNR&MEASUREMENT DESIGNS Flashcards
This deck has QNR&MEASUREMENT DESIGNS and QUALITATIVE NOTES (310 cards)
What is Secondary research?
Defining the business problem or how to address It, however it needs to be carefully evaluated, since it was gathered for another business problem.
Example of Internal secondary research
prior research, customers database
Example of External secondary research
political articles, papers, syndicated research, government data
The business problem IS the problem confronting the clients
The business problem IS the problem confronting the clients
Business Problem:
- Ask what the decision makers need to know
- Action-oriented
- Focuses on symptoms
Market Research Problem
- Ask what information is needed and how it should be obtained
- Information oriented
- Focuses on the underlying causes
The information gathered to address the market research problem is used to take action to address the business problem
The information gathered to address the market research problem is used to take action to address the business problem
Business problem examples:
- Should a new product be introduced by a tech company?
- Should the advertising campaign of an innovative manufacturer be changed?
- Should the price of a laundry detergent brand increase?
Market research problem examples
- Determine consumer preferences and purchase intentions for the proposed new product.
- Determine the effectiveness of the current ad campaign
- Determine the price elasticity of demand and impact on sales and profit of various levels of price changes
The market research problem needs to allow the researcher to obtain all the information required to address the business problem and it guides the researcher throughout the rest of the market research process.
The market research problem needs to allow the researcher to obtain all the information required to address the business problem and it guides the researcher throughout the rest of the market research process.
Business problem can have two issues too broadly or too narrowly. What do both mean?
Too broadly: not specific enough to determine an approach and research design.
Too narrowly: all possible courses of action may not be defined.
Business Problem + Market Research Problem equal what ?
Research Objective
What are the terms Research Objective ?
- Goal oriented – questions that specifies what information is needed to solve a problem
- What researchers must do; have to be clean, specific, and actionable
- Designed to address both business and market research problem
- It’s the foundation of the research plan
Think of the market research problem as broad /general statement while research objectives are specific components of the market research problem.
Think of the market research problem as broad /general statement while research objectives are specific components of the market research problem.
Purpose of Research
- To prove a point/advance an interest of those conducting the research
- Can help identify limitation of using the research
- Hard to determine the true purpose – caution must be exercised
Reliability of the information
- Who conducted the research
* Quality, consistency, expertise, creditability are extremely important
Data collection Methodology
- Who was sampled, type of people, sample size, mode of collection (phone, online)
- Understanding the target population is adequately represented
Nature of the data collected
how questions were asked and analyzed
Accuracy of Secondary data
Its difficult; however you can verify with other research to compare results
Timeliness of the research
when the data was collected
Research Types
- Research evolves over time; qualitative was distinctly different from quantitative research
- Primary was different from secondary ; it was rare that a project could accommodate both descriptive and exploratory research
- As tools are becoming more sophisticated; lines are becoming blurred
Qualitative Research
- Smaller sample
- Flexible and unstructured
- Open-ended questions and probing
- Analysis is non statistical and subjective
- Tentative and Directional
- Meant for initial understanding; usually followed up with additional research
- Examples include: focus groups, IDIs, Observations, Ethnographies and online bulletin boards
Quantitative Research
- Large sample, statistically projectable
- Formal structure questions
- Clearly defined
- Statistical and objective
- Conclusive and definitive
- Findings are needs as input into decision making and reconvened course of action
- Examples include; online surveys, mobile surveys, telephones surveys, mail surveys, and in person interviews
Sequential
research methods followed by one another