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MKT 3413 Exam 2 Wu Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 2026 latest update!!

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MKT 3413 Exam 2 Wu Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 2026 latest update!!

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a framework or blueprint for research design
conducting the marketing research
project


research design is defined by what 2 purpose
elements methods




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3 main types of research design exploratory
descriptive
casual


exploratory research - conducted to gain insights and ideas into the
problem confronting the management or
researcher.
- should be used when management realizes a
problem exists but does not yet understand why.
-info is loosely defined
-process is flexible and unstructured
-sample is small and non-representative
-qualitative
-tentative


methods of exploratory research -survey experts
-pilot data
-secondary data analysis
-qualitative research


A type of research design that has its exploratory research
primary objective the provision of
insights into and comprehension of
the problem situation confronting
the researcher.


conclusive research -test specific hypotheses and examine
relationships
-based on the assumption that the researcher has
an accurate understanding of the problem at hand
-info is clearly defined
-process is formal and structured
-sample is large and representative
-quantitive


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Which research design is more conclusive research
formal and structured?


descriptive research - useful whenever research questions relate to
describing a market phenomenon
-assumes that the researcher has prior knowledge
about the problem situation
- quantitative data
- collection of data in a structured fashion
-based on the specification of the information
needed
-based on specific hypothesis


methods of descriptive statistics - surveys/ observation methods
- panels
- observational and other data


involve questioning of respondents surveys
by administering a questionnaire


involve recording people's behavior observations
without asking them questions


descriptive research can be -cross-sectional designs
classified into 2 designs -longitudinal designs


cross-sectional designs involve the one-time collection of information from
any given sample of population elements


longitudinal designs a type of research design involving a fixed sample
of population elements that is measured
repeatedly




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