Shared Flashcard Set

Details

International Marketing Chpt. 6
terms
63
Marketing
Undergraduate 3
03/13/2016

Additional Marketing Flashcards

 


 

Cards

Term
advertising effectiveness research
Definition
studies conducted to examine the effectiveness and appropriateness of advertisements aimed at individual markets
Term
analogy method
Definition
method for estimation that relies on developments and findings in similar markets or where product is the same life cycle stage.
Term
back translation
Definition
translation of translated text back into its original language, by a different individual, to ensure that the instrument has been translated as intended.
Term
brand awareness research
Definition
research investigating how consumers' knowledge and recognition of a brand name affect their purchasing behavior.
Term
brand name generation and testing
Definition
testing of brand names and logos; necessary when companies market their products nationally
Term
buyer behavior research
Definition
research examining brand preferences and brand attitudes
Term
causal research
Definition
research that examines cause and effect relationships
Term
channel performance and coverage studies
Definition
studies investigating whether existing channels are appropriate for communication, if channels exist at all, or whether they are appropriate for international marketing communications
Term
competitive pricing analysis
Definition
pricing studies that determine the price the market will bear for the respective product category
Term
concept development and testing studies
Definition
concept tests usually performed in developed countries evaluating the product/service offering and the related marketing mix in light of the different international target markets
Term
conceptual equivalence
Definition
extent to which meanings remain the same in different cultural environments
Term
consumer segmentation studies
Definition
research conducted to identify market segment profiles
Term
content analysis
Definition
method that assesses the content of advertisements in a medium with verbal and visual content
Term
cost analyses
Definition
methods used for projecting the cost of research.
Term
data collection instrument
Definition
used to collect data, such as printed questionnaire, a paper and pencil measure, or electronic measurement device
Term
decentering
Definition
successive translation (by different translators) of instrument between original language and the language of administration with the purpose of obtaining an instrument that is closest in meaning to the original.
Term
decision support system
Definition
coordinated collection of data, systems, told, and techniques, complemented by supporting software and hardware designed for gathering and interpretation of business and environmental data
Term
delphi method
Definition
method of forecasting sales by asking a number of experts to estimate market performance, aggregating the results, and sharing this information with the said experts; the process is repeated several times, until a consensus is reached
Term
depth interview
Definition
qualitative research method involving extensive interviews aimed at discovering consumer motivations, feelings and attitudes toward an issue of concern to the sponsor using unstructured interrogation
Term
descriptive research
Definition
all research methods observing or describing phenomena
Term
econometric model
Definition
Term
emic instrument
Definition
data collection instrument constructed for each nationality to measure a particular factor; its the best measure for culture-specific phenomena.
Term
etic instrument
Definition
a culture-free data collection instrument that can be used to measure the same phenomenon in different cultures
Term
experimental research
Definition
research that examines cause and effect relationships; it has highest validity and reliability of all types of research
Term
exploratory research
Definition
research conducted early in research process that helps further define a problem or identify additional problems that need to be investigated
Term
external secondary data
Definition
data collected for purposes other than the problem at hand
Term
focus group interview
Definition
qualitative research approach investigating a research question using a moderator to guide discussion within a group of subjects recruited to meet certain characteristics
Term
functional equivalence
Definition
difference in purposes for which products may be used in different country environments
Term
import/export analyses
Definition
aids companies in identifying necessary logistics that serve their needs in a timely and cost effective manner
Term
internal secondary data
Definition
data collected by a company to address a problem not related to the current research question
Term
international market potential studies
Definition
studies conducted to evaluate the potential that a particular country offers for a company
Term
international marketing research
Definition
systematic design, collection, recording, analysis, interoperation, and reporting of information pertinent to a particular marketing decision facing a company operating internationally
Term
jury of expert opinion
Definition
approach to sales forecasting based on the opinion of different experts
Term
media research
Definition
studies that evaluate media availability and appropriateness of medium for a company's message
Term
observational research
Definition
research approach used frequently in international markets, whereby subjects are observed interacting with a product and related components of marketing mix
Term
open-ended questions
Definition
questions with free-format responses that the respondent can address as he or she sees appropriate
Term
parallel translation
Definition
process of translating original instrument by different translators and comparing translations
Term
plant/warehouse location studies
Definition
studies that evaluate appropriateness of plant or warehouse location to ensure that its in accordance with limitations of national environment and with needs of company
Term
point-of-sale- based projections
Definition
market share and other relevant market dimensions assessed by use of store scanners in weekly and biweekly store audits
Term
price elasticity studies
Definition
studies examining extent to which a particular market is price sensitive
Term
primary data
Definition
data collected for purpose of addressing problem at hand
Term
product packaging design studies
Definition
studies that evaluate consumers' reaction to a package, extent to which package adequately communicates information to consumer, and distribution implications of package
Term
product testing
Definition
studies that estimate product preference and performance in a given market
Term
profit analyses studies
Definition
studies that estimate product profit in specific international markets
Term
purchase behavior studies
Definition
research aimed at evaluating consumers' reaction to and interaction with a company's products
Term
qualitative research
Definition
research that uses nonsystematic processes, such as nonrandom sampling and open ended data, as well as involves researcher as participant
Term
quantitative research
Definition
structured type of research that involves either descriptive research approaches, such as survey research, or causal research approaches, such as experiments.
Term
reliability
Definition
extent to which data is likely to be free from random error and yield consistent results
Term
research approach
Definition
method used to collect data
Term
sales forecast
Definition
projected sales for a particular territory
Term
sales potential studies
Definition
studies forecasting optimal sales performance
Term
sales force compensation, quota and territory studies
Definition
different studies pertaining to personal selling activities; they are crucial in helping to determine appropriate strategies for certain international markets
Term
sales force composite estimates
Definition
research studies wherein sales forecasts are based on personal observations and forecasts of local sales force
Term
sample size
Definition
number of study participants necessary to obtain a high study reliability
Term
sampling frame
Definition
list from which sample units are selected
Term
sampling procedure
Definition
decision involving selection of sampling units
Term
sampling unit
Definition
entity included in study; it may be individuals or representatives belonging to particular groups
Term
secondary data
Definition
data collected to address a problem other than the problem at hand
Term
studies of premiums, coupons, and deals
Definition
studies that help identify practices in each target country where a promotion is planned by investigating practice and legality of premiums, coupons, and special deals
Term
survey research
Definition
descriptive research that involves administration of personal, telephone, or mail questionnaires.
Term
test marketing
Definition
testing new product performance in a limited area of national or regional target market to estimate product performance in respective country or region
Term
time series model
Definition
models that use the data of past performance to predict future market demand
Term
validity
Definition
extent to which data collected is free from bias
Supporting users have an ad free experience!