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

Posted by Fannie on Apr 28, 2024 at 09:58 AM

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?

Suggested Answer: A, B

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39 comments · newest first
IS
Isaiah 11 months ago
Totally agree with A, it’s crucial for brand strategy!
KE
Kendra 11 months ago
Wait, can qualitative research really uncover that?
DO
Domingo 11 months ago
A is the only one that fits qualitative research.
CL
Clement 12 months ago
Not so sure about that, I think it’s more about numbers.
CH
Chaya 12 months ago
Definitely A! It’s all about understanding customer motivations.
BE
Beckie 1 year ago
I thought qualitative research was more about feelings and opinions, so I'm not sure how option D about competitor profitability fits in.
HA
Harrison 1 year 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.
TA
Tamekia 1 year 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.
HU
Hubert 1 year ago
I remember discussing how qualitative research focuses on understanding motivations and behaviors, so I think option A makes sense.
DE
Deja 1 year 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.
MA
Maxima 1 year 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.
JE
Jennie 1 year 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.
MA
Marcelle 1 year ago
This question seems straightforward - qualitative research is all about understanding the "why" behind customer behavior, so I'd go with option A.
CH
Christiane 1 year 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.
GE
Genevieve 1 year ago
I definitely think logging to the event log is a strong option since that's pretty standard for error tracking.
HA
Haydee 1 year 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.
OM
Omega 1 year 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.
TO
Tomas 1 year 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.
DA
Daniela 1 year 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?
ST
Stevie 1 year 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'.
RI
Richelle 1 year ago
↳ replying to Stevie
D) The profitability of a competitor.
DA
Daniel 1 year ago
↳ replying to Stevie
B) The number of customer complaints received in a given period.
CA
Catherin 1 year ago
↳ replying to Stevie
A) The reason why a customer might buy a certain brand.
CH
Christene 1 year 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'.
LA
Laine 1 year ago
↳ replying to Christene
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'.
MA
Makeda 1 year ago
↳ replying to Christene
B) The number of customer complaints received in a given period.
MA
Martina 1 year ago
↳ replying to Christene
A) The reason why a customer might buy a certain brand.
HU
Huey 1 year ago
I agree with Soledad. Qualitative research is all about understanding the 'why' behind consumer decisions, not just the 'what'.
BU
Buddy 1 year ago
↳ replying to Huey
A) Exactly, it's not just about the numbers but the motivations behind them.
DA
Daron 1 year ago
↳ replying to Huey
B) I think that's right. Qualitative research helps us understand consumer behavior on a deeper level.
LU
Luke 1 year ago
↳ replying to Huey
A) The reason why a customer might buy a certain brand.
SO
Soledad 2 years ago
Option A is the correct answer. Qualitative research can provide insights into the reasons behind customer behavior and preferences.
BO
Bobbye 1 year ago
↳ replying to Soledad
D: I agree, it can help us make informed decisions based on customer insights.
OL
Olene 1 year ago
↳ replying to Soledad
C: It's important to know the reasons behind their preferences before launching a new product.
EL
Eladia 1 year ago
↳ replying to Soledad
B: That's true, it can give us valuable insights into customer behavior.
AN
Annalee 1 year ago
↳ replying to Soledad
A: Qualitative research can help us understand why customers choose a certain brand.
HA
Haydee 2 years ago
But what about the number of customer complaints? Wouldn't that also be important to consider before launching a new product?
RA
Ranee 2 years ago
I agree with Rhea. Knowing the reasons behind customer choices can help us tailor our new product to meet their needs.
RH
Rhea 2 years ago
I think qualitative research can help us understand why customers choose a certain brand.
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