Data classified by their nature, Management Theories

Assignment Help:

Data Classified by Their Nature:

The nature of data may be classified according to various categories. Facts knowledge opinion intention motivation and behaviour.

a. Facts refer to actuality but they not necessarily be material. The measured precisely and definitely. The descriptive facts relating to people may be demographic and sociological. These characteristics represent the attributes of people e, g, age, sex, income and level of education. The sociological data are related to how people are organized in and related to society.

b. Knowledge: Knowledge refers to what people know potential buyers knowledge and awareness of products or brands are important data of marketing research. The respondents awareness and knowledge are evaluated to get sufficient data for marketing research.

c. Opinions : Opinions are people perceptions. What people think or what is their minds are called opinions. Their perceptions may or may not be true. Thus they may be well defined as attitudes. These are products to mental sets and may be referred to as images..

d. Intentions : Intention are acts that are in the minds of people these are expectations of behaviour or intentions to indulge in particular marketing behaviour.

e. Motivation: Motivation is how to steer and direct people actions . it is known as the inner state of mind that energizes activates and moves or directs the behaviour of people.


Related Discussions:- Data classified by their nature

What do you understand by management science theory, Q. What do you underst...

Q. What do you understand by management science theory? Management science theory makes use of various quantitative techniques to maximize resources. Operations Management, Tot

Limitations of management, Limitations: 1. Workers feared that they req...

Limitations: 1. Workers feared that they require working harder and faster and may lead to exhaust whatever work was available causing lay off and therefore they formed unions

Management processes in the scor model, Question 1: Describe in detail ...

Question 1: Describe in detail the management processes in the SCOR model. Diagram & Definition of each process Ambit, Main aspects and functions of SCOR model

Business, What theories from the chapter are relevant for analyzing the cas...

What theories from the chapter are relevant for analyzing the case?

Methods of observation, Methods of Observation : There many methods of o...

Methods of Observation : There many methods of observation. Any one of them can be used by the researcher. These are as: 1. Structured or Unstructured Observation : This obs

MGMT-311, List down the systems of puechasing activities.What are the essen...

List down the systems of puechasing activities.What are the essential features of all purchase decision making problem ?

Lean management, I want an essay of 500 words on lean management.

I want an essay of 500 words on lean management.

Finance mgmt., Suggestion regarding credit limit should it be approved or n...

Suggestion regarding credit limit should it be approved or not .what should be the amounts of credit limit that electronics give to booth plastics

Write Your Message!

Captcha
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