MK0013- MARKET RESEARCH

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Master of Business Administration- MBA Semester 3

Drive- fall 2014

 (Book ID: B 1711) Assignment (60 marks)

MK0013- MARKET RESEARCH

 

 

Q1. Define Research and its characteristics. Also explain any seven types of research. (Definition and characteristics of research, types of Research) 3, 7

Answer:

Research and experimental development (R&D) comprise creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society, and the use of this stock of knowledge to devise new applications.”  It is used to establish or confirm facts, reaffirm the results of previous work, solve new or existing problems, support theorems, or develop new theories. A research project may also be an expansion on past work in the field. To test the validity of instruments, procedures, or experiments, research may replicate elements of prior projects, or the project as a whole.

 

 

Q2. Explain the various types of Consumer and Business to Business (B2B) market research. (Types of Consumer market research, Types of B2B market research) 6, 4

 

Answer:

Types of Consumer market research

Table: Types of Consumer Market Research

 

Types of consumer

research

Purpose

 

 

Q3. Discuss the various Techniques of Sales Analysis and forecasting in estimating the current market demand. (Qualitative techniques, quantitative techniques) 5, 5

 

Answer:

Forecasting techniques used for estimating demand

An organisation can predict sales either by predicting market sales and by deciding what share will be of the company or by forecasting the share of the company. Let’s understand the process of forecasting.

The process: In the forecasting process, we need a chain of procedures to forecast. It starts with the objectives which are determined. For example, the demand objective of a company can be met by estimating the demand of t

 

Q4. Discuss the Various techniques of Probability sampling techniques in detail with examples. (Definition of probability sampling, techniques of probability sampling) 2, 8

Answer:

 

Probability Sampling

In a probability sample, every unit in the population has equal chances for being selected as a sample unit. Probability sampling includes random sampling (stratified random sampling and systematic sampling), cluster sampling, and multistage sampling.

 

 

Q5. Explain the process of sampling and classification of non- probability sampling techniques. (Definition of sampling, process of sampling, classification of non-probability sampling) 1, 5, 4

Answer:

Definition of sampling

Sampling is the process of selecting a suitable sample, or a representative part of a population for the purpose of determining characteristics of the whole population. The main aim of sampling is to draw inferences about populations from samples, rather than a complete enumeration (a census) of the population. To study a portion rather than the whole is cheaper and more convenient.

A population is a group of persons, individuals, items or objects from which samples are taken for measurement.

 

 

Q6. Discuss the features of online marketing research and its types. (Definition, Features, types) 2, 3, 5

Answer:

Online Marketing Research

A survey or research is a term which means analyzing the latest trends and collecting the related facts and figures for a particular research. Online marketing research is the process by which companies use the Internet to gather data to evaluate how well a product or service is selling to consumers.

Online survey

It is one of the latest research styles. Internet is the key factor that helps in conducting online surveys. They help in providing the infor

Dear students get fully solved  SMU MBA Fall 2014 assignments

Send your semester & Specialization name to our mail id :

 

  “ help.mbaassignments@gmail.com ”

or

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 (Prefer mailing. Call in emergency )

 

 

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