Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

e Tools View Mark 1115-04-Marketing Research Be careful files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in

image text in transcribed
image text in transcribed
e Tools View Mark 1115-04-Marketing Research Be careful files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in PROTECTED VIEW Full Name: Full Name: Full Name: Full Name: Marketing Research for a New Product LOGIiX recently launched their Piston Power Slim 360 product with great results. This "ultra-slim and attractive on-the-go portable battery can charge most smartphones up to three times before needing to be re-charged itself. Before launching their new product, LOGIIX likely conducted marketing research to understand: Who are the potential buyers? What are their needs and wants? 1) List two secondary research data sources LOGIiX could have used. Briefly explain why/how each source would help them answer one or both of their questions. 1 Type here to search O NG 2) List two primary research data collection techniques LOGIiX could have used. Briefly explain why/how each technique would help them answer one or both of their questions. 3) For one of the four marketing research strategies you listed above, briefly describe an ethical issue that could arise at some step in the process (e.g., when designing the research or when collecting, analyzing, interpreting, or storing the data). Then briefly describe a strategy to avoid, mitigate, or manage the ethical issue you identified. a) Ethical issue: b) Strategy: End of document e Tools View Mark 1115-04-Marketing Research Be careful files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in PROTECTED VIEW Full Name: Full Name: Full Name: Full Name: Marketing Research for a New Product LOGIiX recently launched their Piston Power Slim 360 product with great results. This "ultra-slim and attractive on-the-go portable battery can charge most smartphones up to three times before needing to be re-charged itself. Before launching their new product, LOGIIX likely conducted marketing research to understand: Who are the potential buyers? What are their needs and wants? 1) List two secondary research data sources LOGIiX could have used. Briefly explain why/how each source would help them answer one or both of their questions. 1 Type here to search O NG 2) List two primary research data collection techniques LOGIiX could have used. Briefly explain why/how each technique would help them answer one or both of their questions. 3) For one of the four marketing research strategies you listed above, briefly describe an ethical issue that could arise at some step in the process (e.g., when designing the research or when collecting, analyzing, interpreting, or storing the data). Then briefly describe a strategy to avoid, mitigate, or manage the ethical issue you identified. a) Ethical issue: b) Strategy: End of document

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Connect For Computer Accounting With Quickbooks 2021

Authors: Author

20th Edition

1264069200, 9781264069200

More Books

Students also viewed these Accounting questions

Question

Which attribute most directly impacts a borrowers cost of capital?

Answered: 1 week ago