Marketing firms gather information from online sources

Assignment Help Operation Management
Reference no: EM131027415

For this week, you would need to answer each of these 3 questions.

1. A top client of your marketing research firm has just made the following statement to you "You guys are always creating new terms to describe the same old concepts. MIS is just another name!" Explain to your client what MIS(Marketing information system) means and how valuable it is.

2. Based on your experience, provide examples of 4 different ways in which the marketing firms gather information from online sources.

3. Evaluate the following questions found in a consumer survey. How well will each question elicit the information desired? How is the consumer likely to respond to each question? Discuss.

a. What is your spouse's favorite brand of golf ball?

b. What TV programs did you watch last Monday?

c. How many times did you eat pizza last year?

d. What was the total income you reported on your federal tax return last year?

e. What are the food and nonfood products that you typically buy at the supermarket each month?

Reference no: EM131027415

Questions Cloud

Satisfactory production sequence for unit production : Swenson Saws produces bows, frame, dovetail, and tenon saws used by craft furniture makers. During an 8-hour shift, a saw is produced every 6 minutes. The demand for the bow, frame, and dovetail saws is about the same, but the demand tenon saw is twi..
Identify the customer attributes-their relative importance : Choose a very simple product or service and create a simple QFD matrix for it . For example, you may choose to create a simple QFD matrix for a cup of coffee, but any simple product or service will do. Keep the product simple because the matrix becom..
Eliminate needless blindness : The mission of Aravind is “Eliminate needless blindness, providing compassionate & high quality eye care to all”. However, providing health care for all can be expensive: in Europe represents 9% of the GDP and could rise to 20% in a few years. As the..
Marketing firms gather information from online sources : A top client of your marketing research firm has just made the following statement to you "You guys are always creating new terms to describe the same old concepts. MIS is just another name!" Explain to your client what MIS(Marketing information syst..
Define the terms e-business-electronic commerce : Define the terms ‘e-business’, ‘electronic commerce’ and ‘mobile electronic commerce’, and describe how they differ from one another?
How to change a tire and the federal budget : Write the name of the organizational pattern best suited to a speech on each of the following topics. In addition to listing the organizational pattern, give three main points that might be used to develop the topic. How to change a tire. The federal..
What personal attributes influences you in decision making : What personal attribute/s influence/s you in decision making? Imagine the time when you first considered studying at the university. Please use the 7 step process to describe your decision making at that time. Even though each of you eventually decid..
Three different types of purchasing decisions influence time : How do the three different types of purchasing decisions (straight rebuy, modified rebuy, new task) influence the time and effort a buyer might allocate to the different steps of the purchase decision process?

Reviews

Write a Review

Operation Management Questions & Answers

  Identify key performance objectives

The Green Organization has contracted with you to develop a training program for improving performance and effectiveness in their regional offices globally in the Real Estate Group. The Group accounts for over 10% of gross revenues to the organizatio..

  About criminal activity

Discuss the impact of these and other social media as it relates to the role of a prosecutors to inform the citizens of their jurisdiction about criminal activity; (2) respond to inaccurate media portrayals of criminal justice; (3) protect the victim..

  Set up a control chart for irregularities

A textile manufacturer wants to set up a control chart for irregularities (e.g., oil stains, shop soil, loose threads, and tears) per 100 square yards of carpet. The following data were collected from a sample of twenty 100-square-yard pieces of carp..

  Describe what an innovation measurement system

Describe what an innovation measurement system would focus on in a frozen foods company. Identify how you might use it to support your innovations.

  What role does analyzing customer needs play in shaping

What role does analyzing customer needs play in shaping an effective value chain?

  Compare and contrast the key challenges that the managers

Choose an example of a global value chain and an example of domestic value chain. Compare and contrast the key challenges that the managers would face

  Compare and contrast the rights and obligations

Compare and contrast the rights and obligations of Racer and Owner under the contract as of July 1.

  Blends regular and premium products from two types

The Carrington Oil Company blends regular and premium products from two types of crude oil, heptane (H) and octane (O). Each liter of regular is composed of at least 50% H. Each liter of premium is composed of at least 40% H. During this planning per..

  Provide a high-quality-organic beverage to consumers

Sweet Leaf Tea, a Texas-based maker of bottled iced tea, is a small but fast-growing firm that has gained a loyal following for its use of fresh, organic ingredients in its beverages. Although beverage industry experts recommended that Sweet Leaf rep..

  Which of the two ways to embed organizational culture

Which of the two ways to embed organizational culture has SAS used to create its current culture? Provide examples to support your conclusions.

  Suppose the manufacturer produces at a cost

Suppose the manufacturer produces at a cost of $20/unit. The distributor sells to end customers for $50/unit during season and unsold units are sold for $10/unit after season.a) What is the system optimal production quantity and expected profit ..

  What are two items regarding the manufacturing process

select a manufacturing organization the team members are familiar with. review the companys website and other available

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd