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Chapter 4
marketing
38
Marketing
Undergraduate 2
09/21/2009

Additional Marketing Flashcards

 


 

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Term
Marketing Information System (MIS)
Definition
A process that first determines what information marketing managers need and then gathers, sorts, analyzes, stores, and distributes relevant and timely marketing information to system users.
Term
Intranet
Definition
An internal corporate communication network that uses internet technology to ink company departments, employees, and databases.
Term
Maketing Intelligence System
Definition
A method by which marketers get information about everyday happenings in the marketing environment.
Term
Scenario
Definition
Possible future situation that futurists use to asses the likely impact of alternative marketing startegies.
Term
Marketing research
Definition
The process of collecting, analyzing, and interpreting data about customers, competitors, adn the business environment in order to imporve marketing effectiveness.
Term
Syndicated Research
Definition
Research by firms that collect data on a regular basis and sell te reports to multiple firms.
Term
Custom Research
Definition
Research conducted for a single firm to provide specific information its managers need.
Term
Prediction Markets
Definition
Approach to forecasting and trend identification that pools opinions from a group of knowledgable people about a product or service.
Term
Market Decision Support System (MDSS)
Definition
The data, analysis software, and interactive software that allow managers to conduct anaylses and find the info they need.
Term
Data Mining
Definition
Sophisticated analysis techniques to take advantage of the massive amount of transaction info now available.
Term
Behavioral Targeting
Definition
The practice of using data to track a users on-line travels in order to show an ad for a product to someone who has visited a related web site.
Term
Research Design
Definition
A plan that specifies what info marketers will collect and what type of study they will go.
Term
Secondary Data
Definition
Data that have been collected for some purpose other than the problem at hand.
Term
Primary Data
Definition
Data from research conducted to help make a specific decision.
Term
Exploratory Research
Definition
A technique that marketers use to generate insights for future more rigorous studies.
Term
Consumer Interview
Definition
One-on-one discussion between a consumer and a researcher.
Term
Focus Group
Definition
A product-oriented discussion among a small group of consumers led by a trained moderator.
Term
Projective Technique
Definition
A test that marketers use to explore peoples underlying feelings about a product; especially appropriate when consumers are unable to unwilling to express their true reactions.
Term
Case study
Definition
A comprehensive examination of a particular firm or organization.
Term
Ethnography
Definition
An approach to research based on observations of people their own homes or communities.
Term
Descriptive Research
Definition
A tool that probes more sytematically into the problem and beses its conclusions on large numbers of observations.
Term
Cross-Sectional Design
Definition
A type of descriptive technique that involves the systermatic collection of quantitative information.
Term
Longitudinal Design
Definition
A technique that tracks the responses of the same sampe of respondants over time.
Term
Casual Research
Definition
A technique that attempts to understand cause and effect relationships
Term
Experiment
Definition
A technique that tests prespecified relationships among variables in a controlled environment.
Term
Telemarketing
Definition
The use of the telephone to sell directly to consumers and business customers.
Term
Mall-Intercept
Definition
A study in which researchers recruit shoppers in malls or other public areas.
Term
Unobtrusive
Definition
Measuring traces of physical evidence that remain after some action has been taken.
Term
Cookie
Definition
Text file inserted by a Web site sponsor into a Web surfer's hard drive that allows the site to track the surfers moves.
Term
Validity
Definition
The extent to which research actually measures what it was intended to measure.
Term
Reliability
Definition
The extent to which research measurement techniques are free of errors.
Term
Represntatives
Definition
The extent to which consumers in a study are similar to a larger group in which the organization has an interest.
Term
Sampling
Definition
The process of selecting respondents for a study.
Term
Probability Sample
Definition
A sample in which each member of the population has some known chance of being included.
Term
Nonprobabilty Sample
Definition
A sample in which personal judgment is used to select respondents.
Term
Convenience Sample
Definition
A nonprobability sample composed of individuals who just happen to be available when and where the data are being collected.
Term
Back-Translation
Definition
The process of translating material to a foreign language and then back to the original language.
Term
Marketing Research Ethics
Definition
Taking an ethical and above-board approach to conducting marketing research that does no harm to the participant in the process of conducting the research.
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