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CIMAPRA19-E02-1 Exam - Topic 7 Question 86 Discussion

Actual exam question for CIMA's CIMAPRA19-E02-1 exam
Question #: 86
Topic #: 7
[All CIMAPRA19-E02-1 Questions]

A company is considering introducing a new product into the market but has been advised to undertake some qualitative researchprior to doing this. The marketing manager is uncertain as to what informationitwill get from thistype of research.

Which of the followingcan be identifiedby carrying out qualitative research?

Show Suggested Answer Hide Answer
Suggested Answer: A, B

Contribute your Thoughts:

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Isaiah
3 months ago
Totally agree with A, it’s crucial for brand strategy!
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Kendra
3 months ago
Wait, can qualitative research really uncover that?
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Domingo
3 months ago
A is the only one that fits qualitative research.
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Clement
4 months ago
Not so sure about that, I think it’s more about numbers.
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Chaya
4 months ago
Definitely A! It’s all about understanding customer motivations.
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Beckie
4 months ago
I thought qualitative research was more about feelings and opinions, so I'm not sure how option D about competitor profitability fits in.
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Harrison
4 months ago
I practiced a similar question where we talked about customer insights, and I think option A is definitely what qualitative research aims to uncover.
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Tamekia
4 months ago
I'm not entirely sure, but I feel like qualitative research wouldn't really give us hard numbers, so options B and C seem off.
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Hubert
5 months ago
I remember discussing how qualitative research focuses on understanding motivations and behaviors, so I think option A makes sense.
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Deja
5 months ago
I'm a bit confused by this question. Qualitative research is more about understanding the "how" and "why" rather than the "what" and "how much." I'm not sure if any of these options fully capture the essence of qualitative research.
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Maxima
5 months ago
Okay, I think I've got this. Qualitative research is all about exploring the deeper, subjective experiences of customers, so option A seems like the best fit. The other options are more quantitative in nature.
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Jennie
5 months ago
Hmm, I'm a bit unsure here. Qualitative research can provide insights into customer attitudes and motivations, but I'm not sure if it can directly identify the reasons for buying a certain brand. I might need to think this through a bit more.
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Marcelle
5 months ago
This question seems straightforward - qualitative research is all about understanding the "why" behind customer behavior, so I'd go with option A.
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Christiane
5 months ago
I'm a bit confused by the different rule options here. I'll need to make sure I understand the implications of each one before selecting an answer. Maybe I'll jot down some notes to work through this step-by-step.
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Genevieve
5 months ago
I definitely think logging to the event log is a strong option since that's pretty standard for error tracking.
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Haydee
5 months ago
This question looks pretty straightforward. I think I can handle pricing the forward contract on the Treasury bond using the information provided about the bond, the LIBOR spot curve, and the risk-free rates.
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Omega
5 months ago
Relative filters are used to filter spam emails from reaching the email queues, right? I'm pretty sure that's the purpose, so I'll select option C.
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Tomas
5 months ago
Wait, I'm not sure. Is it something to do with the supplier sharing the risk of holding inventory? I'll have to review that concept.
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Daniela
9 months ago
I think Option A is the way to go. After all, if you don't understand why your customers are buying (or not buying), how can you expect to succeed in the market?
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Stevie
10 months ago
You know, this question reminds me of that time I tried to conduct a focus group with my cat. Needless to say, the results were a bit 'purr-plexing'.
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Richelle
8 months ago
D) The profitability of a competitor.
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Daniel
8 months ago
B) The number of customer complaints received in a given period.
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Catherin
9 months ago
A) The reason why a customer might buy a certain brand.
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Christene
10 months ago
Hmm, I'm not so sure. Shouldn't the marketing manager also be looking at quantitative data like sales figures and customer complaints? I hope they don't get too carried away with the 'feels' and forget the 'facts'.
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Laine
9 months ago
Hmm, I'm not so sure. Shouldn't the marketing manager also be looking at quantitative data like sales figures and customer complaints? I hope they don't get too carried away with the 'feels' and forget the 'facts'.
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Makeda
9 months ago
B) The number of customer complaints received in a given period.
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Martina
9 months ago
A) The reason why a customer might buy a certain brand.
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Huey
10 months ago
I agree with Soledad. Qualitative research is all about understanding the 'why' behind consumer decisions, not just the 'what'.
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Buddy
9 months ago
A) Exactly, it's not just about the numbers but the motivations behind them.
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Daron
9 months ago
B) I think that's right. Qualitative research helps us understand consumer behavior on a deeper level.
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Luke
10 months ago
A) The reason why a customer might buy a certain brand.
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Soledad
11 months ago
Option A is the correct answer. Qualitative research can provide insights into the reasons behind customer behavior and preferences.
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Bobbye
9 months ago
D: I agree, it can help us make informed decisions based on customer insights.
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Olene
9 months ago
C: It's important to know the reasons behind their preferences before launching a new product.
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Eladia
9 months ago
B: That's true, it can give us valuable insights into customer behavior.
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Annalee
9 months ago
A: Qualitative research can help us understand why customers choose a certain brand.
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Haydee
11 months ago
But what about the number of customer complaints? Wouldn't that also be important to consider before launching a new product?
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Ranee
11 months ago
I agree with Rhea. Knowing the reasons behind customer choices can help us tailor our new product to meet their needs.
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Rhea
11 months ago
I think qualitative research can help us understand why customers choose a certain brand.
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