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

Principles and Practices of Management, how will you influence people to st...

how will you influence people to strive willingly for group objectives in your organization (target based industry)?apply interpersonal influence through communication process towa

What was the contributions of scientific management theory, CONTRIBUTIONS O...

CONTRIBUTIONS OF SCIENTIFIC MANAGEMENT THEORY The modern assembly line pours out finished products faster than Taylor could ever have imagined. This production "miracle" is jus

Marketing management, 3. People have a peculiar behaviour over a product an...

3. People have a peculiar behaviour over a product and why is it so. How a product is altered to attract customers? What are the techniques companies follow to retain and add new c

Cost of capital, Cost of Capital: The rate of return available in the ...

Cost of Capital: The rate of return available in the marketplace on investments comparable both in conditions of risk and other investment characteristics, such as marketabili

The price, how much the average price for assignment in management with 300...

how much the average price for assignment in management with 3000 words?

Linear program, management application of linear programming

management application of linear programming

External secondary data, External Secondary Data: The second form of ...

External Secondary Data: The second form of secondary data is external sources which are generally published and are available in different form and form different sources. A

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