Lesson 7.3.1
7.3.1 Identifying customer needs Quiz: OCR Business, Unit 7
20 questions
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Lesson 7.3.1, Identifying customer needs: 20 multiple choice questions for the OCR Business (H431), Unit 7: Marketing, written with Revision Ninja.
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The 20 questions
-
What type of market research gathers first-hand, new data directly from consumers?
- Macro research
- Desk research
- Primary research
- Secondary research
-
Which business approach focuses primarily on developing products based on existing customer demands?
- Production orientation
- Asset orientation
- Market orientation
- Product orientation
-
What type of research data is expressed in numerical form and statistical data?
- Subjective data
- Quantitative data
- Anecdotal data
- Qualitative data
-
Segmenting a market based on consumer income, age, and gender is known as what?
- Behavioural segmentation
- Psychographic segmentation
- Demographic segmentation
- Geographic segmentation
-
What term describes a specific group of customers at which a business aims its products?
- Target market
- Mass market
- Market share
- Market segment
-
Gathering existing reports, government statistics, and industry journals is an example of what?
- Primary research
- Secondary research
- Field research
- Observational research
-
Dividing a market based on consumer attitudes, values, and lifestyle choices is called what?
- Psychographic segmentation
- Behavioural segmentation
- Demographic segmentation
- Geographic segmentation
-
Which sampling method selects participants based on specific pre-set proportions of demographic groups?
- Quota sampling
- Random sampling
- Cluster sampling
- Stratified sampling
-
Which type of research data is the bakery primarily gathering in this scenario?
- Quantitative data
- Secondary data
- Qualitative data
- Desk data
-
Which form of market segmentation is the supermarket using based on store visit frequency?
- Behavioural segmentation
- Geographic segmentation
- Psychographic segmentation
- Demographic segmentation
-
Which business orientation relies on internal product innovation rather than consumer demand research?
- Customer orientation
- Product orientation
- Market orientation
- Sales orientation
-
Which customer need is the boutique primarily addressing by launching an online store?
- Brand image
- Product testing
- Convenience
- Lower price
-
What is the main advantage of this business using government census data?
- Low cost
- High exclusivity
- Perfect relevance
- Complete accuracy
-
What is the primary business objective of introducing this free-coffee loyalty card scheme?
- Customer retention
- Primary research
- Market positioning
- Product diversification
-
Which major limitation will affect the market research results gathered in this scenario?
- Qualitative overload
- High cost
- Secondary bias
- Sample bias
-
Why might a business choose stratified sampling instead of simple random sampling?
- Lower total cost
- No sample needed
- Better population representation
- Faster data collection
-
What is the main risk for a product-orientated business in a dynamic market?
- Changing consumer tastes
- High production efficiency
- Strict regulation
- Excessive research costs
-
What is a major drawback for a firm relying exclusively on qualitative research?
- Lacks detail
- Guaranteed bias
- Hard to statisticalise
- Too cheap
-
Identifying an unfulfilled customer need in a market map primarily allows a firm to do what?
- Eliminate variable costs
- Gain competitive advantage
- Guarantee high sales
- Avoid market research
-
What type of market segmentation divides consumers based on their location or regional climate?
- Psychographic
- Geographic
- Behavioural
- Demographic
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