uiz Space

September 2024 term · Market Research · BSMS3002

Market Research Quiz 2: 1 December 2024 (September 2024 term)

The IIT Madras BS Market Research (Market Research) Quiz 2 paper sat on 1 Dec 2024, in the September 2024 term: 24 questions for 50 marks in 120 minutes. Every question is below with its answer. Take it as a timed mock test to be marked, or read it through first.

Questions
24
Marks
50
Duration
120 min
MCQ
21
Numerical
3

Updated

Official paper: IIT M DEGREE AN EXAM QDB2 01 Dec 2024 · No negative marking.

Question 1

+2 marksOne correct option

According to the given series of measures. Please classify them into the study type that they are likely to come into.
Based on the above data, answer the given subquestions.

Assessing the satisfaction level of the retailer with the service provided by the company and the distributor

  1. A

    Brand health

  2. B

    Customer sat

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee sat

  7. G

    Chanel sat

Show answer

Correct answer

  • G

    Chanel sat

Question 2

+2 marksOne correct option

According to the given series of measures. Please classify them into the study type that they are likely to come into.
Based on the above data, answer the given subquestions.

Employees’ feedback about their job content and the company culture

  1. A

    Brand health

  2. B

    Customer sat

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee sat

  7. G

    Chanel sat

Show answer

Correct answer

  • F

    Employee sat

Question 3

+2 marksOne correct option

According to the given series of measures. Please classify them into the study type that they are likely to come into.
Based on the above data, answer the given subquestions.

Whether the buying experience at the retail showroom was up to expectations

  1. A

    Brand health

  2. B

    Customer sat

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee sat

  7. G

    Chanel sat

Show answer

Correct answer

  • B

    Customer sat

Question 4

+2 marksOne correct option

According to the given series of measures. Please classify them into the study type that they are likely to come into.
Based on the above data, answer the given subquestions.

Standing of the brand on parameters such as awareness and consumer perception

  1. A

    Brand health

  2. B

    Customer sat

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee sat

  7. G

    Chanel sat

Show answer

Correct answer

  • A

    Brand health

Question 5

+2 marksOne correct option

According to the given series of measures. Please classify them into the study type that they are likely to come into.
Based on the above data, answer the given subquestions.

Likelihood of the planned new TV ad being effective

  1. A

    Brand health

  2. B

    Customer sat

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee sat

  7. G

    Chanel sat

Show answer

Correct answer

  • C

    Ad pretesting

Question 6

+2 marksOne correct option

According to the given series of measures. Please classify them into the study type that they are likely to come into.
Based on the above data, answer the given subquestions.

Feedback on the credit policy of company / distributor towards the retailer

  1. A

    Brand health

  2. B

    Customer sat

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee sat

  7. G

    Chanel sat

Show answer

Correct answer

  • G

    Chanel sat

Question 7

+2 marksOne correct option

According to the given series of measures. Please classify them into the study type that they are likely to come into.
Based on the above data, answer the given subquestions.

Researching whether the proposed new creative route will communicate well

  1. A

    Brand health

  2. B

    Customer sat

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee sat

  7. G

    Chanel sat

Show answer

Correct answer

  • C

    Ad pretesting

Question 8

+2 marksOne correct option

According to the given series of measures. Please classify them into the study type that they are likely to come into.
Based on the above data, answer the given subquestions.

Preference between three chocolates given for tasting to children

  1. A

    Brand health

  2. B

    Customer sat

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee sat

  7. G

    Chanel sat

Show answer

Correct answer

  • D

    Product testing

Question 9

+2 marksOne correct option

According to the given series of measures. Please classify them into the study type that they are likely to come into.
Based on the above data, answer the given subquestions.

Perceived uniqueness of the promised benefit of a potential new product

  1. A

    Brand health

  2. B

    Customer sat

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee sat

  7. G

    Chanel sat

Show answer

Correct answer

  • E

    Concept testing

Question 10

+2 marksOne correct option

According to the given series of measures. Please classify them into the study type that they are likely to come into.
Based on the above data, answer the given subquestions.

Extent to which consumers consider a brand to be their favourite brand

  1. A

    Brand health

  2. B

    Customer sat

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee sat

  7. G

    Chanel sat

Show answer

Correct answer

  • A

    Brand health

Question 11

+6 marksNumerical answer

Given below is the raw data from an employee sat study. Sample size is 10 employees.

Based on the above data, answer the given subquestions.

What is the mean score on satisfaction?

Show answer

Correct answer: 3.8

Question 12

+6 marksNumerical answer

Given below is the raw data from an employee sat study. Sample size is 10 employees.

Based on the above data, answer the given subquestions.

What % has got top two box in willingness to recommend?

Show answer

Correct answer: 30

Question 13

+1 markOne correct option

Answer whether the given subquestions are true or false

Brand disposition and top of mind awareness are key metrics to understand how healthy a brand is

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 14

+1 markOne correct option

Answer whether the given subquestions are true or false

Quantitative research is more appropriate than qualitative research for measuring brand health metrics

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 15

+1 markOne correct option

Answer whether the given subquestions are true or false

Group Discussions are the appropriate method for taste testing studies

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • B

    FALSE

Question 16

+1 markOne correct option

Answer whether the given subquestions are true or false

NPS is an indication of the extent of customer satisfaction

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 17

+1 markOne correct option

Answer whether the given subquestions are true or false

NPS question and satisfaction question tend to give similar results

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 18

+1 markOne correct option

Answer whether the given subquestions are true or false

Blind testing is done to remove the bias induced by the brand perception

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 19

+1 markOne correct option

Answer whether the given subquestions are true or false

The correlation between satisfaction and behavioural loyalty is a perfect 1

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • B

    FALSE

Question 20

+1 markOne correct option

Answer whether the given subquestions are true or false

Job content is one of the key variables that affect the level of employee satisfaction

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 21

+1 markOne correct option

Answer whether the given subquestions are true or false

A brand’s ever used % will always be higher than or atleast equal to the brand’s current use %

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 22

+1 markOne correct option

Answer whether the given subquestions are true or false

A brand’s unaided awareness % will always be lower than the brand’s top of mind awareness %

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • B

    FALSE

Question 23

+5 marksOne correct option

Given below are the brand health results of two brands. Which brand is doing better? (Note, some degree of subjectivity will be required here. The subjectivity should be based on conceptual clarity about the importance of each variable.)

  1. A

    Brand A

  2. B

    Brand B

Show answer

Correct answer

  • A

    Brand A

Question 24

+3 marksNumerical answer

Given below are the results of the intention to recommend question for a brand which has done a CSAT study. Pl calculate the NPS

Scale points%
04
14
25
34
42
511
614
719
826
93
108
Show answer

Correct answer: -33