MK0013-Marketing Research

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ASSIGNMENT

DRIVE	SUMMER  2016
PROGRAM	MBADS (SEM 3/SEM 5),MBAFLEX/ MBA (SEM 3)
SUBJECT CODE & NAME	MK0013-Marketing Research
BK ID	B 1711
CREDIT & MARKS	4 Credits, 60 marks

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Question.1. What do you mean by research? State some of its characteristics.

Answer:Research comprises "creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of humans, 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

Question. 2.Why you must plan before you start researching on a topic?

Answer:A dissertation is a particular kind of academic task. You will usually be asked to generate a topic for yourself; to plan and execute a project investigating that topic; and to write-up what you did and what your findings were. Important stages in the dissertation process include:

·         Choosing a topic;

·         Developing a research question;

·         Effective planning of the research;

·       Being organised and methodical while conducting

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Question. 3.Write short notes on:

a) Exploratory research design

Answer:Exploratory research is research conducted for a problem that has not been clearly defined. It often occurs before we know enough to make conceptual distinctions or posit an explanatory relationship. Exploratory research helps determine the best research design, data collection method and selection of subjects. It should draw definitive conclusions only with extreme caution. Given its fundamental nature, exploratory research often concludes that a perceived problem does not actually exist.

b) Conclusive research design

Answer:Conclusive research design, as the name implies, is applied to generate findings that are practically useful in reaching conclusions or decision-making. Conclusive research design usually involves the application of quantitative methods of data collection and data analysis. Moreover, conclusive studies tend to be deductive in nature and research objectives in these types of studies are achieved via testing hypotheses.

Question.4.Define the term 'sampling' and explain the importance of sampling in marketing research.

Answer:Brooke is a psychologist who is interested in studying how much stress college students face during finals. She works at a university, so she is planning to send out a survey around finals time and ask some students to rank on a scale of 1 to 5 how stressed out they are.

But which students should she survey? All of the students at the university?Only the students in the psychology department?Only freshmen? There are a

Question.5. Analyse the steps involved in hypothesis testing.

Answer:A hypothesis test is a statistical test that is used to determine whether there is enough evidence in a sample of data to infer that a certain condition is true for the entire population.

A hypothesis test examines two opposing hypotheses about a population: the null hypothesis and the alternative hypothesis. The null hypothesis is the

Question.6.What are the characteristics of a report?

Answer:When you write a business report, focus on the subject at hand. Information included in the document should be accurate, relevant and informative to its readers. When reading a report to gain a deeper understanding of an issue, a businessperson shouldn’t have to sift through paragraphs of filler content. A good report speaks to the reader in terms she can understand.

Clearly Defined Purpose: The purpose of a report should be clear to the reader from the beginning. The purpose should be stated in the title of the report if possible and included in the introduction. Identify whether the intent is to persuade the reader to do

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