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January 2023 term · Market Research · BSMS3002

Market Research Quiz 2: 2 April 2023, Set QPE2 (January 2023 term)

The IIT Madras BS Market Research (Market Research) Quiz 2 paper sat on 2 Apr 2023, in the January 2023 term, set QPE2: 25 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
25
Marks
50
Duration
120 min
MCQ
17
MSQ
7
Numerical
1

Updated

Official paper: IIT M DEGREE AN3 EXAM QPE3 02 Apr 2023 · No negative marking.

Question 1

+2 marksOne correct option

Given below are a series of measures. Please classify them into the study type that they are likely to come into. Some of the measures can come in more than one kind of study, so multiple responses are ok and answer the given subquestions.

Satisfaction with salesperson’s frequency of visit

  1. A

    Brand health

  2. B

    Customer satisfaction

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee satisfaction

  7. G

    Chanel satisfaction

Show answer

Correct answer

  • G

    Chanel satisfaction

Question 2

+2 marksOne correct option

Given below are a series of measures. Please classify them into the study type that they are likely to come into. Some of the measures can come in more than one kind of study, so multiple responses are ok and answer the given subquestions.

Intention to continue in the organization

  1. A

    Brand health

  2. B

    Customer satisfaction

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee satisfaction

  7. G

    Chanel satisfaction

Show answer

Correct answer

  • F

    Employee satisfaction

Question 3

+2 marksOne or more correct options

Given below are a series of measures. Please classify them into the study type that they are likely to come into. Some of the measures can come in more than one kind of study, so multiple responses are ok and answer the given subquestions.

Willingness to recommend to friends and associates

Select all that apply.

  1. A

    Brand health

  2. B

    Customer satisfaction

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee satisfaction

  7. G

    Chanel satisfaction

Show answer

Correct answers

  • A

    Brand health

  • B

    Customer satisfaction

  • F

    Employee satisfaction

  • G

    Chanel satisfaction

Question 4

+2 marksOne or more correct options

Given below are a series of measures. Please classify them into the study type that they are likely to come into. Some of the measures can come in more than one kind of study, so multiple responses are ok and answer the given subquestions.

Top of mind brand awareness

Select all that apply.

  1. A

    Brand health

  2. B

    Customer satisfaction

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee satisfaction

  7. G

    Chanel satisfaction

Show answer

Correct answers

  • A

    Brand health

  • C

    Ad pretesting

Question 5

+2 marksOne or more correct options

Given below are a series of measures. Please classify them into the study type that they are likely to come into. Some of the measures can come in more than one kind of study, so multiple responses are ok and answer the given subquestions.

Ad recognition

Select all that apply.

  1. A

    Brand health

  2. B

    Customer satisfaction

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee satisfaction

  7. G

    Chanel satisfaction

Show answer

Correct answers

  • A

    Brand health

  • C

    Ad pretesting

Question 6

+2 marksOne or more correct options

Given below are a series of measures. Please classify them into the study type that they are likely to come into. Some of the measures can come in more than one kind of study, so multiple responses are ok and answer the given subquestions.

NPS

Select all that apply.

  1. A

    Brand health

  2. B

    Customer satisfaction

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee satisfaction

  7. G

    Chanel satisfaction

Show answer

Correct answers

  • A

    Brand health

  • B

    Customer satisfaction

  • F

    Employee satisfaction

  • G

    Chanel satisfaction

Question 7

+2 marksOne or more correct options

Given below are a series of measures. Please classify them into the study type that they are likely to come into. Some of the measures can come in more than one kind of study, so multiple responses are ok and answer the given subquestions.

Perceived differentiation

Select all that apply.

  1. A

    Brand health

  2. B

    Customer satisfaction

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee satisfaction

  7. G

    Chanel satisfaction

Show answer

Correct answers

  • C

    Ad pretesting

  • E

    Concept testing

Question 8

+2 marksOne correct option

Given below are a series of measures. Please classify them into the study type that they are likely to come into. Some of the measures can come in more than one kind of study, so multiple responses are ok and answer the given subquestions.

Taste preference in blind form

  1. A

    Brand health

  2. B

    Customer satisfaction

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee satisfaction

  7. G

    Chanel satisfaction

Show answer

Correct answer

  • D

    Product testing

Question 9

+2 marksOne or more correct options

Given below are a series of measures. Please classify them into the study type that they are likely to come into. Some of the measures can come in more than one kind of study, so multiple responses are ok and answer the given subquestions.

Relevance of promise

Select all that apply.

  1. A

    Brand health

  2. B

    Customer satisfaction

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee satisfaction

  7. G

    Chanel satisfaction

Show answer

Correct answers

  • C

    Ad pretesting

  • E

    Concept testing

Question 10

+2 marksOne correct option

Given below are a series of measures. Please classify them into the study type that they are likely to come into. Some of the measures can come in more than one kind of study, so multiple responses are ok and answer the given subquestions.

Rejected brands

  1. A

    Brand health

  2. B

    Customer satisfaction

  3. C

    Ad pretesting

  4. D

    Product testing

  5. E

    Concept testing

  6. F

    Employee satisfaction

  7. G

    Chanel satisfaction

Show answer

Correct answer

  • A

    Brand health

Question 11

+5 marksOne correct option

Given below are the brand health results of two brands. (Note, some degree of subjectivity will be required here. The subjectivity should be based on conceptual clarity about the importance of each variable. You can also mention your reason for your choice in subquestions).

Given below are the brand health results of two brands. (Note, some degree of subjectivity will be required here. The subjectivity should be based on conceptual clarity about the importance of each variable. You can also mention your reason for your choice in subquestions).
Based on the above data, answer the given subquestions.

Which brand is doing better?

  1. A

    Brand A

  2. B

    Brand B

Show answer

Correct answer

  • A

    Brand A

Question 12

+5 marksOne or more correct options

Given below are the brand health results of two brands. (Note, some degree of subjectivity will be required here. The subjectivity should be based on conceptual clarity about the importance of each variable. You can also mention your reason for your choice in subquestions).

Given below are the brand health results of two brands. (Note, some degree of subjectivity will be required here. The subjectivity should be based on conceptual clarity about the importance of each variable. You can also mention your reason for your choice in subquestions).
Based on the above data, answer the given subquestions.

Identify the correct reason(s) for the brand that is doing better.

Select all that apply.

  1. A

    Unaided awareness is higher for A

  2. B

    Current use is higher for A

  3. C

    Total awareness is higher for B

  4. D

    Lapsing ratio is higher for A

Show answer

Correct answers

  • A

    Unaided awareness is higher for A

  • B

    Current use is higher for A

Question 13

+2 marksNumerical answer

Given below are the results of the intention to recommend question for a brand which has done a “c sat” study. Calculate the NPS

Given below are the results of the intention to recommend question for a brand which has done a “c sat” study. Calculate the NPS

Show answer

Correct answer: -12

Question 14

+4 marksOne correct option

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

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 % of employees has got top box in ALL three questions?

  1. A

    8%

  2. B

    10%

  3. C

    12%

  4. D

    15%

  5. E

    25%

Show answer

Correct answer

  • B

    10%

Question 15

+4 marksOne correct option

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

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 bottom two boxes in satisfaction OR intention to continue?

  1. A

    15%

  2. B

    25%

  3. C

    10%

  4. D

    12%

  5. E

    33%

Show answer

Correct answer

  • C

    10%

Question 16

+1 markOne correct option

In an ideal world, a new product will go through first concept testing and then product testing before getting into the next stage

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 17

+1 markOne correct option

If an ad fails to cut through the clutter but does well on forced exposure, it can still be launched since media expenditure can ensure cut-through

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • B

    FALSE

Question 18

+1 markOne correct option

Ads can persuade in the short-term by changing the disposition of the consumer towards the brand

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 19

+1 markOne correct option

A satisfied customer is likely to recommend the brand to his friends and associates

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 20

+1 markOne correct option

NPS is a measure that is customized to Indian audiences

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • B

    FALSE

Question 21

+1 markOne correct option

A brand that does well on key metrics makes the marketer’s job easier

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 22

+1 markOne correct option

Blind product testing is one way to ensure that the respondent answers seriously without giving false responses

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • B

    FALSE

Question 23

+1 markOne correct option

A concept test done with a robust sample size helps to determine if the idea has a profitable market demand

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE

Question 24

+1 markOne correct option

If a concept test is positive and then the following product test is negative, it means the idea will not work

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • B

    FALSE

Question 25

+1 markOne correct option

Brand health metrics can be measured better using group discussions

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • B

    FALSE