1. What should market researchers do in situations such as those described? Visit www.iccindiaonline.org/policy_state/esomar.pdf and discuss whether the International Code of Marketing and Social Research Practice provide guidance in dealing with such issues.
2. Describe an example in which marketing research could cause harm to participants. Many companies have a review process similar to that required for government-funded research to ensure research participant safety, with most following the government's "Common Rule." Write a brief report explaining this rule and how you would apply it your example.
As the Pepsi, P&G, and Lexus examples in the chapter illustrate, companies are increasingly using qualitative research methods such as observation, ethnography, and in-depth interviews to gain customer insights. However, qualitative research brings up ethical issues. Unlike quantitative data collection methods that use surveys or mechanical means, qualitative research puts researchers in close physical proximity to consumers-even in their homes-where the researchers may see or hear private and confidential things. Most research extends confidentiality to research subjects so they will be open in responding to questions, but what if a researcher learns something troublesome? For example, marketing research is advancing into more sensitive consumer behaviors related to product abuse and deviant behaviors, and consumers may reveal harmful or illegal behavior to the researcher. Alternatively, like all experiments, marketing research experiments, such as a researcher pretending to shoplift in a store to observe other customers' reactions, necessarily involve some type of deception. Such experiments can be conducted without customer knowledge, or customers may even be induced to participate in the deception. They may be told later and feel uncomfortable with their actions. These are just a few of the ethical issues related to qualitative marketing research.
The chapter describes many companies\' individual marketing efforts that customize products for individual customers, such as M&Ms, PUMA, and Harley-Davidson. Find and describe another example and discuss whether the cost of customizing is worth the value provided to...
1. For each of the accounting issues discussed in the body of the case and in Exhibit 2: a. Discuss whether the accounting rule seems reasonable. b. Discuss whether it seems likely that Dell recorded the transaction improperly to manipulate results or whether it was more likely an honest mistake...
Great Fit, Inc., is a company that makes clothing. The company has a product line that produces women’s tops of regular sizes. The same machine could be used to produce petite sizes as well. However, the remaining life of the machines will be reduced from four years to two years if the petite...
Consider a system consisting of three components (labeled 1, 2, 3) that operate simultaneously. The system is able to function satisfactorily as long as any two of the three components are still functioning satisfactorily. The goal is for the system to function satisfactorily for a length of time...
1. Given that Blades expects to use the cash flows generated by the Thai subsidiary to pay the interest and principal of the notes, would the effective financing cost of the baht-denominated notes be affected by exchange rate movements? Would the effective financing cost of the yen-denominated...
Machinery that cost $192,000 on 1 January 20X1 was sold for $72,000 on 30 June 20X6. It was being depreciated over a 10 year life by the straight line method, assuming its residual value would be $12,000. A building that cost $1,700,000, residual value $100,000, was being depreciated over 20 years...
1. Discuss ways that Oracle could provide client customers with the ability to form better relationships with customers. 2. Discuss the similarities and differences between big data and the more traditional marketing research concepts found in Chapter 4. 3. Does competition from small start-ups...
a. Write a paragraph describing the particle model. What is it, and why is it important? b. Give two examples of situations, different from those described in the text, for which the particle model is appropriate. c. Give an example of a situation, different from those described in the text, for...