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MM D7 Vocabulary

AB
Internal databaseElectronic collection of information obtained from data source within the company.
Marketing intelligenceThe systematic collection and analysis of publicly available information about competitors and developments in the marketing environment.
Marketing researchThe systematic design, collection, analysis, and reporting of data relevant to specific marketing situation facing an organization.
Exploratory researchMarketing research to gather preliminary information that will help define problems and suggest hypotheses.
Descriptive researchMarketing research to better describe marketing problems, situations, or markets, such as the market potential for a product or the demographics and attitudes of consumers.
Casual researchMarketing research to test hypotheses about cause-and-effect relationships.
Secondary dataInformation that already exists, having been collected for another purpose.
Commercial online databaseComputerized collections of information available from online commercial sources or via the internet.
Primary dataInformation collected for the specific purpose at hand.
Observational ResearchThe gathering of primary data by observing relevant people, actions, and situations.
EthnographicConsumer research that reveals the unspoken cultural and social patterns that shape consumer behavior and attempts to capture these personal characteristics.
Survey researchThe gathering of primary data by asking questions about their knowledge, attitudes, preferences, and buying behavior.
Experimental researchThe gathering of primary data by selecting matching groups of subjects, giving them different treatments, controlling related factors, and checking for differences in group responses.
Individual interviewingA one-to- one interview conducted in the homes or offices of individuals, on the street, or in shopping malls.
Focus group interviewingInterview process that involves a trained moderator and 6 to 10 people invited to talk about a product, service, or organization.
Online marketing researchCollecting primary data through Internet surveys and online focus groups.
Computer-assisted telephone interviewingCollecting data by having interviewers sit at computers, read questions from the computer screen to a person over the telephone, and key in the person’s responses.
Completely automated telephone surveysInterviewing that utilizes computer initiated telephone calls and prerecorded questions.
Data warehousesCentralized Company databases with detailed customer information that help researchers and marketing managers study customers’ habits and patterns
Marketing PlanA proposed course of action including strategic and tactical objectives that result in the positioning of the company and its products in support of its objectives.
Strategic ObjectivesGoals that create the environment in which sales efforts can be successful and that set the stage for carrying out the tactical objectives.
Tactical ObjectivesTangible, measurable tasks that have to be completed to accomplish the strategic objectives


Northern Vance High School
Henderson, NC

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