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Solution Manual for Basic Marketing Research 10th Edition by Tom J. Brown, Tracy A. Suter, Gilbert A. Churchill

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Solution Manual for Basic Marketing Research 10th Edition by Tom J. Brown, Tracy A. Suter, Gilbert A. Churchill

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Instructor Manual: Basic Marketing Research 10th Edition Tom J. Brown, Tracy A. Suter, Gilbert A.
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Churchill
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SOLUTION MANUAL FOR fd fd




Basic Marketing Research 10th Edition Tom J. Brown, Tracy A. Suter, Gilbert A. Churchill
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Chapter 1-20 fd




Chapter 1: The Role of Marketing Research
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TABLE OF CONTENTS FD FD




Purpose and Perspective of the Chapter ................................................................................................ 2
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Chapter Objectives .................................................................................................................................. 2
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Complete List of Chapter Activities and Assessments ........................................................................... 2
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Key Terms ................................................................................................................................................ 2
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What's New in This Chapter .................................................................................................................. 3
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Chapter Outline ....................................................................................................................................... 3
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Review Questions ..................................................................................................................................... 6
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Additional Insights and Activities ........................................................................................................... 7
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© 2024 Cengage Learning, Inc. All Rights Reserved. May not be scanned, copied or duplicated, or posted
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1
to a publicly accessible website, in whole or in part.
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, Instructor Manual: Chapter 1: The Role of Marketing
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Research
fd




PURPOSE AND PERSPECTIVE OF THE CHAPTER FD FD FD FD FD




The purpose of this chapter is to introduce marketing research as a much broader and more common
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activity than many people realize. In this chapter, we begin with the definition of marketing research
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before moving on to discuss the different types of firms that conduct marketing research. The variety of
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firms conducting research leads naturally into a brief introduction of the jobs in marketing research and
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the skills needed. The chapter concludes with the reasons anyone can benefit from a better understanding
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of marketing research.
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CHAPTER OBJECTIVES FD




The following objectives are addressed in this chapter:
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fd 1-1 Define marketing research. fd fd




1-2 Discuss different kinds of firms that conduct marketing research.
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fd 1-3 List at least three different types of jobs in marketing research.
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1-4 List three reasons for studying marketing research.
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COMPLETE LIST OF CHAPTER ACTIVITIES AND ASSESSMENTS FD FD FD FD FD FD




The following table organizes activities and assessments by objective, so that you can see how all this
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content relates to objectives and make decisions about which content you would like to emphasize in
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your class based on your objectives. For additional guidance, refer to the Teaching Online Guide.
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Chapter PPT slide fd Activity/Assessment Duration
Objective
1-1 PPT slide 9 fd fd Knowledge Check 1.1 fd fd < 5 min
fd fd



1-2 PPT slides 13–14 fd fd Discussion Activity fd 10–20 min fd



1-3 PPT slide 18 fd fd Group Activity fd 15–30 min fd



1-4 PPT slide 21 fd fd Polling Activity fd 5–10 min fd



1-1–1-4 PPT slide 22 fd fd Self-Assessment 10–20 min fd




[return to top] fd fd




KEY TERMS FD




Marketing research The process of gathering and interpreting data for use in developing, implementing,
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and monitoring the firm’s marketing plans.
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[return to top] fd fd




© 2024 Cengage Learning, Inc. All Rights Reserved. May not be scanned, copied or duplicated, or posted
fd fd fd fd fd fd fd fd fd fd fd fd fd fd fd fd
2
to a publicly accessible website, in whole or in part.
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, Instructor Manual: Chapter 1: The Role of Marketingfd fd fd fd fd fd fd


Research
fd




WHAT'S NEW IN THIS CHAPTER FD FD FD FD




The following elements are improvements in this chapter from the previous edition:
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 Several new examples to illustrate the role of marketing research include Rovio
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Entertainment, Starbucks, and the LEGO Group.
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 Data in Exhibit 1.3 reflects recent revenue figures for largest U.S. marketing research firms.
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 Research Window 1.2 has been updated with more recent compensation figures.
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[return to top] fd fd




CHAPTER OUTLINE FD




The following outline organizes activities (including any existing discussion questions in PowerPoints or
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other supplements) and assessments by chapter (and therefore by topic), so that you can see how all the
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content relates to the topics covered in the text.
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1-1. The Problem: Marketers Need Information (1-1, PPT Slides 4–9)
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a. Different companies need different kinds of information. fd fd fd fd fd fd




 Information can be gathered in diverse ways. fd fd fd fd fd fd




 The goal of marketing is to create exchanges with customers that satisfy the fd fd fd fd fd fd fd fd fd fd fd fd



needs of both customers and marketers. fd fd fd fd fd fd



b. Key elements of marketing managers’ focus: fd fd fd fd fd



 The product or service fd fd fd




 Price
 Placement or channels of distribution fd fd fd fd




 Promotion
 Tangible elements at point of contact fd fd fd fd fd




 Processes and people involved fd fd fd



c. Not all factors in the marketing environment are under a marketer’s control.
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 Exhibit 1.1: The Environments Affecting Marketing fd fd fd fd fd



d. Marketing research is the process of gathering and interpreting data for use in fd fd fd fd fd fd fd fd fd fd fd fd



developing, implementing, and monitoring the firm’s marketing plans.
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e. Phases of the information management process: fd fd fd fd fd



 Specifying what information is needed fd fd fd fd




 Gathering relevant data from internal and external sources fd fd fd fd fd fd fd




 Analyzing and interpreting data fd fd fd




 Communicating results to decision makers fd fd fd fd



f. Another way to look at marketing is to consider how management uses the information:
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 For planning fd




 For problem solving fd fd




 For control fd




 Exhibit 1.2: Examples of Questions Marketing Research Can Help Answer fd fd fd fd fd fd fd fd fd



g. Knowledge Check 1.1: < 5 minutes total. (PPT Slide 9) fd fd fd fd fd fd fd fd fd




 Of the following, which provides the best definition of marketing research?
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© 2024 Cengage Learning, Inc. All Rights Reserved. May not be scanned, copied or duplicated, or posted
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3
to a publicly accessible website, in whole or in part.
fd fd f d fd fd fd fd fd fd fd

, Instructor Manual: Chapter 1: The Role of Marketing
fd fd fd fd fd fd fd


Research
fd




(a) Creating exchanges with customers that satisfy the needs of both customers and
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marketers fd




(b) Specifying what information is needed, gathering relevant data, and fd fd fd fd fd fd fd fd



communicating results to decision makers
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(c) Gathering and interpreting data for use in developing and implementing a firm’s fd fd fd fd fd fd fd fd fd fd fd



marketing plans fd fd



(d) Working behind the scenes to determine market segments and then taking fd fd fd fd fd fd fd fd fd fd



marketing action fd fd




 Answer: c—Marketing managers have an urgent need for information—and
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marketing research is responsible for providing it. Marketing research is the
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firm’s formal communication link with the environment, which often contains
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factors not under an organization’s control.
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1-2. Who Does Marketing Research? (1-2, PPT Slides 10–14)
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a. In 1879, advertising agency N. W. Ayers & Sons formalized the practice of
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marketing research by constructing a crude market survey of states’ and counties’
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expected grain production.
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b. Three major categories of firms conduct marketing research:
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 Producers of products and services fd fd fd fd



 Advertising agencies fd




 Marketing research companies fd fd




1-2a. Companies That Produce or Sell Products and Services
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a. When firms could no longer sell all they could produce, they used marketing research
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to better gauge market needs and produce accordingly.
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b. Marketing research departments are common among industrial and consumer
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manufacturing companies.
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c. Publishers and broadcasters construct demographic profile data in order to sell
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advertising space/time.
fd fd



d. Financial institutions’ research includes forecasting, measuring market potential, market
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and sales analyses, and so on.
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1-2b. Advertising Agencies
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a. Much agency research gauges consumer brand awareness and related advertising
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campaigns.
fd



b. They attempt to better understand consumer interest and behavior.
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1-2 c. Marketing Research Companies
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a. U.S. marketing research is a $47.1 billion industry.
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b. Some firms are large, with global reach (see Exhibit 1.3: The 10 Largest
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Marketing Research Firms in the United States), and may provide:
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 Standardized or syndicated research. fd fd fd




 Information regularly collected and then sold to clients. fd fd fd fd fd fd fd




 Custom-designed research. fd



c. Other organizations that provide or conduct marketing research include government
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agencies, trade associations, and universities.
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d. Discussion Activity: 10–20 minutes total. (PPT Slides 13–14) fd fd fd fd fd fd fd




© 2024 Cengage Learning, Inc. All Rights Reserved. May not be scanned, copied or duplicated, or posted
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4
to a publicly accessible website, in whole or in part.
fd fd f d fd fd fd fd fd fd fd
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