The diagnostic role of marketing research includes gathering and presenting factual statements.

Answer the following statement true (T) or false (F)


False

Marketing research has three roles: descriptive, diagnostic, and predictive. Its diagnostic role includes explaining data, such as determining the impact on sales of a change in the design of the package. See 9-1: The Role of Marketing Research.

Business

You might also like to view...

Which of the following statements is true about negotiation and settlement?

A) It is a formal ADR method that delivers a verdict. B) Most lawyers attempt negotiation before taking a case to trial. C) It involves an independent or neutral third party. D) It is mandatory for both the parties to be represented by a lawyer.

Business

When making a purchasing decision, deciding what product to buy is referred to as product brokering

Indicate whether the statement is true or false

Business

Inter-enterprise information systems are necessary to share consumer-demand information

Indicate whether the statement is true or false

Business

In a(n) ________ a lessor owns or acquires the assets that are leased to a given lessee.

A) operating lease B) financial lease C) sale-leaseback arrangement D) direct lease

Business