Mary’s Bakery is trying to determine what price to charge for its cookies, so Mary places a low price on them and raises it each week, keeping track of how many she sells. Then she determines what her cost was for the cookies and determines which price was the most profitable. What form of research was Mary conducting?

The marketing research process follows five steps, and researchers

Which of the following types of research would be considered quantitative research?

Which of the following is the best statement reflecting the purpose of marketing research?

Frank is a brand manager for Heinz. He hires a research firm and when he meets the research company representative he states: “Here’s the information I want to know. Tell me the change in market shares every time my top three competitors change advertising strategies.” The most important question the researcher should ask is:

When is marketing research NOT needed?

Golf Digest Companies marketing research department used focus groups, consumer diaries and in-depth interviews to help their client Callaway Golf Company. These research methods are called:

Just as marketers create value by meeting the needs and wants of consumers, marketing researchers create value if

Randall wants to do an online survey of college professors about the factors that influence their textbook selection. He would like to use a structured survey but is not sure what responses to include for each question. Randall could use ________ to help him develop his survey.

Frederica manages an upscale women’s clothing store. She wants more information about her customers’ general feelings about upcoming fall fashions. Frederica will most likely use ________ to gather this type of data.