• 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
Start selling Create your account
Document preview thumbnail
Preview 1 out of 2 pages
Essay

Unit 3 M2 - Explain the limitations of marketing research used to contribute to the development of a selected organisations marketing plans

Document preview thumbnail
Preview 1 out of 2 pages

Unit 3 M2 - Explain the limitations of marketing research used to contribute to the development of a selected organisations marketing plans

Content preview

Unit 3 Introduction to marketing
Merit Criteria 2

M2 – Explain the limitations of marketing research used to contribute to the
development of a selected organisations marketing plans
There are limitations of market research, each type of marketing research has its own
limitations. These limitations may mean that Kellogg’s shouldn’t use the method or it means
that they should make sure they keep in mind the limitations when they are looking at the
data they find.
Primary researchi

Advantages Disadvantages
 The issues that Kellogg’s wants to be  Primary research is expensive
addressed, will be because they because Kellogg’s has to carry it out
have more control over how the themselves
research is carried out  In a similar way to the cost, it is very
 The interpretation of the data is time consuming for Kellogg’s to
better because they rely on their have to carry out the data collection
own interpretations instead of the  The data can be biased because
collective interpretation from either the interpretation is done by
secondary data the organisation which means they
 The data is up-to-date because could see something in the wrong
Kellogg’s has specifically carried it light or if they are taking feedback
out from a target audience it is likely to
 Kellogg’s is the owner of the data so be biased
there will be no legal issues over  Need lots of resources, such as
how the data can be used people to carry out the research
that the organisation may not have




Secondary researchii

Advantages Disadvantages
 Cheaper and quicker to find than it  The complete accuracy of the data is
is to collect primary data unknown because someone else
 The data is a lot more likely to be carried out the data collection
more extensive than primary data is  The data may not be fully up-to-
 Can be used to back-up primary date
research, and also can be an easy  May not be specific enough for
starting point for primary research what Kellogg’s needs to know
 Can be legal complications if the
data is copyrighted

Document information

Study Level
Uploaded on
December 13, 2016
Number of pages
2
Written in
2015/2016
Type
Essay
Professor(s)
Unknown
Grade
Unknown
£3.99
Purchased by 17 students

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

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
shellsbells04
3.9
(484)
Sold
1509
Followers
1040
Items
89
Last sold
8 months ago

Reviews from verified buyers




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