MARKETING 310 Question 10 (1 point) What element of a marketing information syst
ID: 450952 • Letter: M
Question
MARKETING 310
Question 10 (1 point)
What element of a marketing information system is designed to pull and make sense of internally generated information?
Question 10 options:
marketing intelligence
analytics software
data mining
intranet
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Question 11 (1 point)
Which of the following are good sources of information on competitors?
Question 11 options:
Scanning newspapers, trade magazines, economic data
Asking friends who use a competitive product to check out competitors' websites
Reverse engineer competitor products
Infiltrating the competitor with one of your own employees wearing a hidden microphone
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Question 12 (1 point)
When should a company use primary market research?
Question 12 options:
Just before a product or service offering is launched
At the beginning of the new product development process
When the research will answer questions not available in existing data and the benefits of having those answers outweighs the cost of the research
When deciding on which target markets to pursue with a new offering
Amarketing intelligence
Banalytics software
Cdata mining
Dintranet
Explanation / Answer
Q10: Marketing intelligence is designed to pull and make sense of internally generated information
Q11: Scanning newspapers, trade magazines, economic data are good sources of information on competitors
Q12. When deciding on which target markets to pursue with a new offering, then the company should use primary research
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