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Secondary data consists of


A) internal data only
B) external data only
C) existing information
D) newly developed primary research

E) A) and D)
F) B) and C)

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Mobile social media applications can be differentiated based on location-sensitivity as well as on time-sensitivity.

A) True
B) False

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All of the following techniques are used in gathering primary data except


A) observational methods
B) analysis of financial records
C) surveys
D) experimentation

E) A) and B)
F) None of the above

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What is meant by pricing for the life cycle?


A) that pricing needs to be adjusted at each stage in a product's life cycle
B) that pricing needs to be increased at each stage in a product's life cycle
C) that pricing of new products needs to start out low and end high
D) that pricing of new products needs to start out high and end low

E) B) and C)
F) All of the above

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Inhibitors to marketing research include all of the following except:


A) cost
B) irrelevancy
C) complexity
D) distribution

E) All of the above
F) C) and D)

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Of the following,which does the textbook identify as critical to the marketing planning process?


A) market niche
B) market segmentation
C) marketing research
D) marketing myopia

E) None of the above
F) C) and D)

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A market is


A) a group of consumers who have purchasing power and unsatisfied needs
B) a way of gaining consumer data
C) a segment of the economy
D) a group of known purchasers

E) A) and C)
F) B) and D)

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Of the following,which is not associated with entrepreneurial tactics in market research?


A) guerrilla marketing
B) lead user research
C) in-person interviews
D) blog monitoring

E) A) and B)
F) A) and C)

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What is skimming and what are its effects?

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Skimming is deliberately setting a high ...

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Social media marketing is the application of online collaborative media for marketing purposes.

A) True
B) False

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