What is application of data mining

Assignment Help Marketing Management
Reference no: EM131188881

1) Using intuition, continuing what was done before, and copying a successful competitor's strategy are examples of ________.

2) An example of nonsystematic research in retailing, relating to the effect of a price rise on projected sales, is ________.

3) The information needs of retail managers are anticipated, collected, organized, and stored on a continuous basis in ________.

4) Which of these is not a benefit of the use of a retail information system?

5) The procedure to gather, integrate, apply, and store information related to specific subject areas is referred to as ________.

6) A major benefit to data warehousing is its ________.

7) An application of data mining is ________.

8) The use of micromarketing is an example of which target marketing strategy?

9) Which statement concerning the Universal Product Code (UPC) is not correct?

10) The Universal Product Code (UPC) system allows a retailer to ________.

11) Retailers and their suppliers regularly exchange information via their computers through the use of ________.

12) Marketing research in retailing involves ________.

13) Which stage of the marketing research process in retailing is concerned with the development of a clear statement of the topic to be examined?

14) Data that have already been gathered for purposes other than the problem or issue under study are ________.

15) Secondary data can be further broken down into ________ and ________ data.

16) Data generated through surveys, observation, experiments, and simulation to address the specific problem or issue under study are ________ data.

17) A major advantage of secondary data is the ________.

18) A major disadvantage of the use of secondary data is ________.

19) An example of internal secondary data is ________.

20) An example of external secondary data is ________.

21) Ongoing studies are made available to many clients for a fee from ________.

22) A major advantage of primary data is that the ________.

23) Sampling of stores, products, or customers in a nonprobability sample is conducted on the basis of ________.

24) Information is systematically gathered from respondents by communicating with them in a(n) ________.

25) Which of the following is not a survey?

26) The potential for interviewer bias is greatest in which survey technique?

27) In a nondisguised survey, a respondent is told the ________.

28) Disguised surveys are typically used to study consumer ________.

29) The semantic differential technique uses ________.

30) An appliance retailer is classified by consumers as friendly, reliable, moderately attractive, and as providing a relatively good value for the money. The research technique used by the retailer is ________.

31) A form of research in which present behavior or the results of past behavior are noted and recorded is ________.

32) The major disadvantage of observation is that ________.

33) One or more elements of a retail strategy mix are manipulated under controlled conditions in which research technique?

34) Which research technique is able to show cause and effect?

35) A mathematical model is constructed to explain the environment facing a retailer in which research technique?

36) A small movie theater plans to build a coffee and snack bar that features espresso based on the success of a much larger competitor that features six screens. This strategy represents ________.

37) Which does not represent a systematic method of research?

38) A major characteristic of a retail information system is ________.

39) A hotel chain found the following profile to exist for its guests: average stay is 2.4 nights, 54 percent had a car with them, 73 percent used an in-room phone for 3 or more calls, 8 percent watched a pay-per-view television program, and 15 percent purchased a snack item from the in-room refrigerator. Which form of marketing research was the retailer utilizing?

40) The difference between regular reports and exception reports is based on ________.

41) A retailer with 1,000 credit accounts has 50 with balances that are past due for over 45 days. How many accounts would be listed in the exception report?

42) An example of an exception report is ________.

43) A frequent-shopper program is an example of ________.

44) A retailer uses sophisticated software to evaluate large quantities to uncover emerging trends. This illustrates ________.

45) The data collection role of retailers in a distribution channel has been facilitated by ________.

46) The Universal Product Code (UPC) is most widely used in conjunction with ________.

47) An advantage of electronic data interchange (EDI) is ________.

48) Paperless communication between a retailer and its suppliers has been facilitated by ________.

49) The major difference between marketing research in retailing and a retail information system is that ________.

Reference no: EM131188881

Questions Cloud

Numeric and symbolic processing techniques : 1. Compare numeric and symbolic processing techniques. 2. Do you agree that using speech communication as the user interface could increase willingness to use expert systems? Why or why not?
Screen to search for students : There are 2 main ways to interface with the database: using stored procedures or passing in the raw queries directly. If the class scheduler needed a screen to search for students, how might each approach be used?
Examine the six types of marketing metrics : Examine why experiential marketing is an effective strategy for sports properties. Examine the ways that value is created for sponsors by sponsorship.
Determine the maximum power rating of the device : A 1-cm by 2-cm solar cell has a conversion efficiency of 9%. Determine the maximum power rating of the device.
What is application of data mining : Using intuition, continuing what was done before, and copying a successful competitor's strategy are examples of ________. An example of nonsystematic research in retailing, relating to the effect of a price rise on projected sales, is ________.
Economic knowledge and analytical skills : In no more than 250 words, please (1) describe how you feel this course has helped you to improve your economic knowledge and analytical skills, and (2) assess the course objectives you still do not understand and suggest how to improve the course..
Computing the risk-free interest rate : Suppose risk-free interest rate is 0.05. If there is one-year 5% coupon bonds with a face value of $100 and 10% default risk, show that the yield to maturity of this bond is higher than risk-free interest rate. Assume that if the bond defaults, th..
What is the resulting vertical break voltage for the diode : Determine the piecewise equivalent resistance for the vertical rise section of the characteristics.
Write a response paper to the prompt : Write a response paper to the prompt.- The Prompt is:- Compare and contrast "Farewell My Concubine" and "Sopyonje."

Reviews

Write a Review

Marketing Management Questions & Answers

  The body of your paper begins on the page following the

using apa style format write a 4-5 page paper describing the provisions of the following major labor laws as well as

  Product innovation and marketing are only enduring

designing the marketing planproduct innovation and marketing are the only enduring competitive advantage companies can

  Are there any market trends that you will be capitalizing on

Are there any market trends that you will be capitalizing on? Discuss Online and Internet market trends and how you will leverage them? Has there been any growth in the market? Please provide specifics.

  Marketing plan for international business expansion

Marketing Plan for International Business Expansion

  Final paper explain how the management practices of

final paper explain how the management practices of planning leading organizing staffing and controlling are

  Select two major public relations campaigns from any three

select two major public relations campaigns from any three different organizations. prepare and submit a two to three

  Wich of the following is a strategy that uses the

1.nbspnbspnbspnbspnbspnbsp what can enhance the value of web-based shopping experiences to serve as personal shopping

  Understanding of the materials

The Final Paper should demonstrate an understanding of the materials (texts, assignments, and discussions) covered in this course.

  Marketing of medical services to insurance companies

Marketing of Medical Services to Insurance Companies, You are responsible for marketing laboratory services to various managed care plans in your region. Compare three approaches for promoting these products to a preferred provider organization (P..

  Organic revenue growth

Organic revenue growth

  Write a paper in which you identify your favorite brand

Write a 700- to 1,050-word paper in which you identify your favorite brand and explain why it is your favorite. In the paper you should do the following

  Explain look and feel of barnes and noble website

select three related eBusiness Web sites and analyze the sites in terms of navigation, supply chain, marketing and legal ethical regulatory issues

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