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26 questions
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- Q1Put the steps in the marketing research process in the correct order:Users re-arrange answers into correct orderJumble30s
- Q2The process of gathering and analysing data based on solving a problem or exploiting an opportunity and then reporting information on this opportunity or problem in such a way that marketing management can utilise it in its decision-making is called ...marketing researchprobability samplingquantitative researchmarketing30s
- Q3Market research adds value by identifying employee needsTrueFalse30s
- Q4Market research adds value by helping companies plan ahead.TrueFalse30s
- Q5Market research adds value by making it possible to improve its competitive advantageTrueFalse30s
- Q6Relevance, data quality, timely information and information completeness is characteristics of valuable information.FalseTrue30s
- Q7Which ONE of the following is not part of the extensive marketing information system?marketing research subsystemstatistical subsystemexternal reporting subsystemmarketing intelligence subsystem30s
- Q8Accounting, production, sales, engineering and goods returned reports can be found in the … subsystem.marketing researchmarketing intelligencestatisticalinternal reporting30s
- Q9Procedures and sources whereby management obtains information concerning current and relevant occurrences in the marketing environment is part of the …. subsystem.statisticalmarketing researchmarketing intelligenceinternal reporting30s
- Q10The creation of projections, scenarios and models, which provide a better grasp of the alternatives for decision-making is part of the …. subsystem.internal reportingmarketing researchmarketing intelligencestatistical30s
- Q11Which subsystem gathers information not collected by the other MIS component subsystems.marketing researchinternal reportingstatisticalmarketing intelligence30s
- Q12Tentative solutions or actions for the problem or opportunity is called a/anHypothesisResearch designData collection instrumentObjective30s
- Q13Once the problem has been identified and clearly defined, and hypotheses have been formulated, the researcher can determine the ...Data collection instrumentObjectivesResearch design30s
- Q14To explore is a type of objective in marketing research.TrueFalse30s
- Q15The forecasting of future values such as sales income is an example of which type of objective?ExploratoryDescriptivePredictive30s