Laboratory versus field experiments, Management Theories

Assignment Help:

Laboratory Versus Field Experiments:

Marketing experiments can be conducted in a laboratory or in the field. In laboratory experiments test subjects. Usually consumers are brought to a theatre or conference room and exposed to an experimental variable such as a television commercial. In field experiments the experiments variable is taken to the field for example a new package is tested in a store or a new product is taken to consumers and they are asked to try it in their homes. In each case some measurement is made to test subject reaction.

A concrete example will illustrate field and laboratory experiments in comparison with a descriptive study. All there were used to measure the price elasticity of demand for four different products. In the field experiments the products were placed in 16 different stores and the price varied according to a carefully controlled plan. Sales at each price level were recorded. In the laboratory experiments an artificial store was set up an homemakers were asked to ho through the store and select products as if on a regular shopping trip. Prices were varied in a manner similar to that used in the field experiment. Actual selection comparable to sales in the field experiments were recorded in the descriptive study homemakers were shown pictures of the different products at the different prices and asked what purchases they would makes if they saw the same items while on an actual sopping trip.

The researcher concluded that only the field experiment generated results that were significant and consistent. The laboratory experiment produced results more similar to those of the field experiment did the descriptive study method. Other test shown similar results in tests of alternative ads it is generally believed that laboratory experiments magnify differences between ads. The field is clearly the preferred research design if it is feasible from a cost and operational standpoint.


Related Discussions:- Laboratory versus field experiments

Management buyout (mbo), Management Buyout (MBO) MBO is the transfer of...

Management Buyout (MBO) MBO is the transfer of ownership to new owners of an entity where the old management and employee base are significant elements.

Modigliani and miller approach, discuss modigliani and miller approach. cri...

discuss modigliani and miller approach. critically analyse the hypothesis?

Moulting process, In biology, in the older pest the belly provides no appen...

In biology, in the older pest the belly provides no appendages other than some equipment on one more section to assist with egg-laying. Company exoskeleton stops bugs with bio

Calculate the expected return or loss, A couple has agreed to attend a "Cas...

A couple has agreed to attend a "Casino Night" as part of a fundraiser for the local hospital. They do not like to gamble because they believe that gambling is generally a losing p

Communication system, approaches to the collection, formatting, storage and...

approaches to the collection, formatting, storage and dissemination of information and knowledge

Microbiology, state 2 ways tuberculosis can be caught

state 2 ways tuberculosis can be caught

What are the reporting requirements of the auditor, Question : a) What ...

Question : a) What provisions have been in the Constitution as regard (i) the appointment of the Director of audit. (ii) reports of the Director of Audit. b) What are

Five forces model, Five Forces Model A framework built by Michael ...

Five Forces Model A framework built by Michael Porter that captures the dynamics of the prevailing environmental forces in which an organization operates.  These factors i

.HRM - SELECTION PROCEDURE, WHAT ARE THE ESSENTIAL POINTS TO BE KEPT IN MIN...

WHAT ARE THE ESSENTIAL POINTS TO BE KEPT IN MIND WHILE ASKING FOR ONLINE APPLICATIONS AND HOW TO DRAFT THE APPLICATION FOR A BANKING INDUSTY

Political characteristics of organisations, 1. What are the main political ...

1. What are the main political characteristics of organisations that need to be taken into Consideration in implementing a program of planned organisational change? Concisely outli

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