• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 2 out of 14 pages
Exam (elaborations)

Full Model Answer for MNM3702 Assignment 01 (Semester 1 2026); University of South Africa (Unisa); Marketing Research Mastery; Action First Funerals Case Study; Updated 2026 Version

Document preview thumbnail
Preview 2 out of 14 pages

Complete Model Answer Set for MNM3702 Assignment 01. This premium, 2026 Semester 1 Version provides expert solutions for the "Action First Funerals" case study. It guides students through the critical transition from a management dilemma to a technical marketing research design, emphasizing data-driven decision-making in the South African funeral service industry. Key Components Covered: Management vs. Research Problem (Question 1a): Clearly distinguishing between the action-oriented management decision (whether to expand into lower-income segments) and the information-oriented research problem (identifying consumer preferences and affordability). Research Objectives & Hypotheses (Question 1b): Developing SMART (Specific, Measurable, Achievable, Relevant, and Time-bound) research objectives and null/alternative hypotheses regarding market demand. Research Design (Question 2): Selection of a Descriptive Research Design using a cross-sectional survey to capture a "snapshot" of the Gauteng funeral market. Sampling Strategy (Question 3): Justifying the use of Non-probability Sampling (specifically Quota or Convenience sampling) given the specific demographic focus and resource constraints. Data Collection & Ethics: Drafting a formal Informed Consent Form and designing a survey instrument that addresses sensitive topics like death and financial constraints with empathy and professionalism. Secondary Data Analysis: Utilizing FinScope 2025 and Stats SA data to contextualize the funeral industry's market share and consumer behavior. The Marketing Research Framework applied: | Step | Application to Action First Funerals | | :--- | :--- | | Problem Definition | Should we launch affordable plans? | | Research Design | Quantitative survey (Questionnaire). | | Sampling | Lower-income segments in Gauteng. | | Data Collection | Field interviews or mobile surveys. | QUESTION 1 a) Identify ONE critical management decision currently facing Action First Funerals. Translate this into ONE management problem (2 marks) and ONE marketing research problem (2 marks). b) Based on the marketing research problem identified in question 1a, develop three research objectives (3 marks) and three corresponding research questions (3 marks). c) Choose a suitable research design that will address the research objectives developed in question 1b (2 marks) and justify your choice (2 marks). d) Identify the target population for the study based on the marketing research problem and research objectives (2 marks). [16] 4 Downloaded by Pied Zulu () lOMoARcPSD| MNM3702/102/1/2026 QUESTION 2 a) Identify TWO real secondary data sources that Action First Funerals can use to achieve the objectives identified in question 1b. For each source, provide a full reference (2 marks), explain the type of data that can be obtained (2 marks), how it will help achieve the objectives (2 marks), and one limitation of the data (2 marks). [8] QUESTION 3 Conduct ONE in-depth interview with a participant who has a funeral or burial plan with any organisation. Develop a question guide with six (6) open-ended questions. The questions must relate to funeral services, affordability or awareness. Submit the following as part of your assessment: ● an interview guide (6 marks) ● a summary of the responses (6 marks) ● a signed consent form including the name and contact details (4 marks) This resource is the definitive guide for Unisa students to master the technicalities of marketing research and achieve an A+ in MNM3702.

Content preview

MNM3702
ASSIGNMENT 1 – SEMESTER 1 2026


MARKETING RESEARCH


COMPLETE ANSWERS




STUDENT DETAILS

Detail Information


Module Code MNM3702


Assignment 01

, Detail Information


Semester 1 2026


Due Date 28 March 2026



QUESTION 1 [16 marks]


1a) Management Decision vs. Marketing Research Problem [4 marks]

Critical Management Decision Facing Action First Funerals:
Action First Funerals must decide whether to expand its service offerings
to include more affordable, flexible burial plans targeting lower-
income segments or maintain its current premium-focused positioning.
Management Problem:
Should Action First Funerals introduce a range of affordable, flexible
funeral plans to capture the lower-income market segment?
This is a management problem because it involves an action-oriented
decision that management must make—whether to change their product
strategy, allocate resources, and pursue a new market opportunity .
Marketing Research Problem:
Determine the funeral service preferences, affordability constraints, and
awareness levels of lower-income consumers in Gauteng regarding funeral
plans.
This is a marketing research problem because it focuses on gathering
information to reduce uncertainty and inform the management decision. It
specifies what information is needed (preferences, affordability,
awareness), who to gather it from (lower-income consumers), and where
(Gauteng) .

Connected book
 image
Naresh K. Malhotra, Dan Nunan Marketing Research
Publisher: 2017-06-08 ISBN: 9781292103129 Edition: 5

Document information

Uploaded on
March 9, 2026
Number of pages
14
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$5.10

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Sold
3
Followers
0
Items
19
Last sold
6 months ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions