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Market Research · End Term · 22 Dec 2024 · September 2024 term · Set QDB1

Question 4: See the list of terms and definitions / explanation below…

Question 4

+2 marksOne correct option

See the list of terms and definitions / explanation below and match them correctly in the given subquestions.

CDJ

  1. A

    The kind of study that traces a consumer’s process of purchase from the initial trigger to the actual purchase

  2. B

    The number of consumers who have tried a brand and then stopped using it divided by the total number who have tried it

  3. C

    The range where the performance is below optimal but not low enough for the customers to get very unhappy

  4. D

    The percentage of consumers who use a brand as their main brand

  5. E

    The set of brands that the consumer will consider buying or will be open to switching between

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Correct answer

  • A

    The kind of study that traces a consumer’s process of purchase from the initial trigger to the actual purchase

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Question 4 of 20 in the IIT Madras BS Market Research (Market Research) End Term paper sat on 22 Dec 2024, in the September 2024 term (IIT M DEGREE AN EXAM QDB3 22 Dec 2024). It carries 2 marks.

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