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Chapter2 Testbank
Chapter2:SecondaryData:APotentialBigDataInput
MultipleChoice
Whichofthefollowingisnotcharacteristicofsecondarydata?
a.observationdatacollectedfortheprojectathand
b.mightberelevanttotheproblemathand
c.gatheredpreviouslyforanotherpurpose
d.mightberelevanttoproblemandgatheredpreviouslyforanotherpurpose
e.Allarecharacteristicofsecondarydata.
Answer:a
Whichofthefollowingwouldnotbeasourceofinternallygeneratedsecondarydata?
a.reportstostockholders
b.governmentdocuments
c.producttestingresults
d.annualreports
e.alloftheseareinternallygenerateddata
Answer:b
Whichofthefollowingisnotasourceofexternallygeneratedsecondarydata?
a.syndicatedmarketingresearchdata
b.newsmediareports
c.Web-basedreports
d.salespersonstrategicintelligencereports
e.Alloftheseareexternallygenerateddata.
Answer:d
USATodayconductedapollwhichfoundthat84%ofthepersonsrespondingtothepollindicatedtheyhadchangedinsomesignificantwaysince9/11.Thistypeofdatawouldbeconsideredwhichofthefollowing?
a.internallygeneratedsecondarydata
b.internallygeneratedprimarydata
c.externallygeneratedsecondarydata
d.externallygeneratedprimarydata
e.noneofthese
Answer:c
Whichofthefollowingisnotanadvantageofsecondarydata?
a.Secondarydatacanhelpclarifytheresearchproblem.
b.Secondarydatamayprovideasolutiontotheproblem.
c.Secondarydatamayprovidethesampleframe.
d.Alloftheseareadvantagesofsecondarydata.
Answer:d
Amarketingresearcherwantstoknowwhatpercentageofconsumerswouldpurchaseacarthathasnotyetbeenproduced.Shewouldlikelyhaveahardtimefindingsecondarydatatoaddressthisdueto__________.
a.lackofavailability
b.lackofrelevance
c.inaccuracy
d.insufficiency
e.noneofthese
Answer:a
Amarketresearcherwasnegotiatingwithaclientconcerningthebestwaytoaccomplishtheclient’sobjectives.Theresearcherdiscoveredastudy,whichhadsomecircumstancessimilartothatofthepresentclient.Whichofthefollowingbestdescribeswhathappened?
a.Secondarydataprovidedprimaryresearchalternatives.
b.Secondarydataactuallyprovidedthesolutiontotheproblem.
c.Secondarydatahelpedtoclarifytheproblem.
d.Secondarydataprovidednecessarybackgroundinformation.
e.noneofthese
Answer:a
Whichofthefollowingisnotalimitationofsecondarydata?
a.takesmoretimetocollectthanprimarydata
b.maylackrelevanceforthepresentstudy
c.maynotbeavailableintheformneededforthepresentstudy
d.maynotbeaccurate
e.Allofthesearepossiblelimitationsofsecondarydata.
Answer:a
Whichofthefollowingwouldbetheleastreliablesourceofsecondarydata?Datacompiledby_______.
a.theFederalGovernment
b.aUniversityBureauofBusiness&EconomicResearch
c.amajortradeassociation
d.city’sChamberofCommerce
e.Alloftheseareequallyreliable.
Answer:d
Whichofthefollowingwebsiteswouldincludethemostcredibledata?
a.U.S.CensusBureau
b.localnewspaper’swebsite
c.chamberofcommercewebsite
d.anindividual’shomepage
e.Wikipedia
Answer:a
Whattypeofcompanycouldmosteasilycompilealargeinternaldatabase?
a.CPG,suchasKellogg’s
b.service,suchasDeltaAirlines
c.Online,suchasGoogle
d.entertainment,suchasUniversal
Answer:c
Whenyouarenotsurewhogatheredsecondarydata,its__________maybequestionable.
a.availability
b.relevance
c.accuracy
d.timeliness
e.noneofthese
Answer:c
Amarketingdatabasewouldbeeasiesttosetupforwhichtypeofbusiness?
a.traditionalretailer
b.internationalretailer
c.onlineretailer
d.specialtyretailer
Answer:c
Allofthefollowingareadvantagesofsecondarydataexcept:
a.Itcanhelpclarifyorredefinetheproblemduringtheexploratoryresearchprocess.
b.Itmayprovideasolutiontotheproblem.
c.Itmayprovideprimarydataresearchmethodalternatives.
d.Itmayprovidethenecessarybackgroundinformationandbuildcredibilityfortheresearchreport.
e.Alloftheseaboutareadvantages
Bigdataoffersafirmwhichofthefollowing:
a.broaderinsights
b.deeperinsights
c.inactiveinsights
d.Bothbroaderanddeeperinsights
e.Noneofthese
Answer:d
Whichofthefollowingquestionscanhelpimprovewithcheckingtheaccuracyofsecondarydata?
a.Whogatheredthedata?
b.Whatwasthepurposeofthestudy?
c.Whatinformationwascollected?
d.Whenwastheinformationcollected?
e.Allofthesewouldhelp
Answer:e
Afirm’sinternaldatabase.
a.Firstpartydata
b.Secondpartydata
c.Thirdpartydata
d.Fourthpartydata
e.Noneoftheabove
Answer:a
Datathattwoormorefirmsdecidetoshareona“privatebasis”.
a.Firstpartydata
b.Secondpartydata
c.Thirdpartydata
d.Fourthpartydata
e.Noneoftheabove
Answer:b
Datacollectedaboutpeoplewhoaren’tknowntoyourorganization.
a.Firstpartydata
b.Secondpartydata
c.Thirdpartydata
d.Fourthpartydata
e.Noneoftheabove
Answer:c
Afirm’sdatathatiscollectedactively,suchasthroughaquestionnaire,orpassively.
a.Firstpartydata
b.Secondpartydata
c.Thirdpartydata
d.Fourthpartydata
e.Noneoftheabove
Answer:a
Requiresfinancialcorporationstotelltheircustomershowtheyusetheirpersonalinformationandtohavepoliciesthatpreventfraudulentaccesstoit.
a.Gramm-Leach-BlileyAct
b.HealthInsurancePortabilityandAccountabilityAct
c.TheFairCreditReportingAct
d.TheChildren’sOnlinePrivacyProtectionAct
e.TheGeneralDataProtectionRegulation
Answer:a
Limitsdisclosureofindividuals’medicalinformationandimposespenaltiesonorganizationsthatviolateprivacyrules.
a.Gramm-Leach-BlileyAct
b.HealthInsurancePortabilityandAccountabilityAct
c.TheFairCreditReportingAct
d.TheChildren’sOnlinePrivacyProtectionAct
e.TheGeneralDataProtectionRegulation
Answer:b
Promotesaccuracyinconsumerreports.
a.Gramm-Leach-BlileyAct
b.HealthInsurancePortabilityandAccountabilityAct
c.TheFairCreditReportingAct
d.TheChildren’sOnlinePrivacyProtectionAct
e.TheGeneralDataProtectionRegulation
Answer:c
Ismeanttoensuretheprivacyoftheinformationinconsumerreports.
a.Gramm-Leach-BlileyAct
b.HealthInsurancePortabilityandAccountabilityAct
c.TheFairCreditReportingAct
d.TheChildren’sOnlinePrivacyProtectionAct
e.TheGeneralDataProtectionRegulation
Answer:c
Aimstogiveparentscontroloverwhatinformationiscollectedfromtheirchildrenonlineandhowsuchinformationmaybeused.
a.Gramm-Leach-BlileyAct
b.HealthInsurancePortabilityandAccountabilityAct
c.TheFairCreditReportingAct
d.TheChildren’sOnlinePrivacyProtectionAct
e.TheGeneralDataProtectionRegulation
Answer:d
Isthetoughestdataprivacylawintheworld.It
a.Gramm-Leach-BlileyAct
b.HealthInsurancePortabilityandAccountabilityAct
c.TheFairCreditReportingAct
d.TheChildren’sOnlinePrivacyProtectionAct
e.TheGeneralDataProtectionRegulation
Answer:e
WaspassedbytheEuropeanUnion(EU)andputintoeffectin2018.
a.Gramm-Leach-BlileyAct
b.HealthInsurancePortabilityandAccountabilityAct
c.TheFairCreditReportingAct
d.TheChildren’sOnlinePrivacyProtectionAct
e.TheGeneralDataProtectionRegulation
Answer:e
WhichofthefollowingisnotrequiredbytheGeneralDataProtectionRegulation?
a.Thecompanymustdesignateapersonfordataprotection.
b.Thecompanymustcertifythatprocessesminimizetheimpactonprivacyrights.
c.Thecompanymustcollectonlydataneededimmediatelyandnotstoredataforunspecifieduseatalaterdate.
d.Thecompanymustlistallthedataitcollectsonapublicwebsite.
e.Intheeventofadatabreach,thefirmmustinformthedatasubjects(personsimpactedbythelossortheftofdata)within72hours.
Answer:d
True/False
Secondarydataismorecurrentthanprimarydata.
Answer:False
Secondarydatacansometimessolveamarketingproblem.
Answer:True
Secondarydataispreviouslygathereddatathatmightberelevanttotheproblemathand.
Answer:True
Generally,thecostofcollectingsecondarydataisaboutthesameasthecostofcollectingprimarydata.
Answer:False
Secondarydatacansometimesbeusedasasampleframe.
Answer:True
Traditionally,thestartingpointforthedevelopmentofaninternaldatabasewasbasedonafirm’ssalesorinquiryprocessingandtrackingsystem.
Answer:True
Mostconsumerswillnevergiveuppersonalinformationtomarketers.
Answer:False
Secondarydataisavailablefornearlyeveryresearchquestion.
Answer:False
Gatheringsecondarydataisoftenaneffectivewaytoclarifyamarketingproblem.
Answer:True
Acompanymayalreadypossesssecondaryinformation.
Answer:True
AdatabasecouldbecreatedeasierforatraditionalstorethanforaWebretailer.
Answer:False
Bigdataanalyticstakesintoaccountallthedata,structuredandunstructured,tounderstandthecomplex,evolving,andinterrelatedconditionstoproducemoreaccurateinsights.
Answer:True
Bigdataismoreabout“why”than“what.”
Answer:False
Untilrecently,complexcomputerprograms,suchasprogramsforbigdataanalysis,neededtorunonexpensivehardware,suchasenormousmainframecomputers.
Answer:True
Bigdataresearchershaveinsightsintoalltheindividual,alltheproducts,alltheparts,alltheevents,andallthetransactions.
Answer:True
DatafromtheInternetofThingsisconsideredadatachannel.
Answer:True
Datafromthewearablesisconsideredadatachannel.
Answer:True
Passivedatacollectionisusingamethodologywhichtakesplacewithoutthe“participants”awareness
Answer:True
Privatedataiscollectedaboutpeoplewhoaren’tknowntoyourorganization.
Answer:False
Traditionalmarketingresearchwantstolearnabouthowpeoplefeelaboutaproduct,acompany,oranad.
Answer:True
Withbigdata,whypeopledothingsiscriticallyimportant.
Answer:False
Thehugegrowthofbigdatahasresolvedanumberofdataprivacyproblemsandissues.
Answer:False
Thereisnogeneralfederallawondataprivacy.
Answer:True
Asof2020,onlyCaliforniaandVermonthaveenactedstateprivacylaws.
Answer:True
TheCaliforniaConsumerPrivacyActof2018wentintoeffectonJanuary1,2020andonlyimpactscompaniesheadquarteredinCalifornia.
Answer:False
EssayQuestions
Whataresomeoftheadvantagesofsecondarydata?Morespecifically,whataretheadvantagesofsecondarydataoverprimarydata?
Answer:AdvantagesofSecondaryData:
Helpclarifyaproblemduringexploratoryresearch
Mayprovideasolutiontoaproblem
Provideprimarydataresearchalternatives
Providebackgroundinformation
Alertmarketerstopotentialproblems
Canbecollectedmuchmorequicklythanprimarydata
Costsareafractionofthecostofacquiringprimarydata
Anentrepreneuriscontemplatingestablishingafuneralhomeinasmalltown.Thispersonbelievesthedemandforfuneralhomeservicesisgreaterthantheservicesbeingprovided.Initially,theentrepreneurcontactsaconsultantandtellstheconsultantheneedsacommunitysurveytodeterminethetotaldemandforfuneralhomeservicesinthesmalltownandsurroundingcommunities.Ifyouweretheconsultant,howwouldyoureacttotheentrepreneur’srequestforasurvey?Whatkindofcounterproposalwouldyoumake?
Answer:Asurveywouldnotbethebestwaytoapproachforecastingfuneralhomedemand.Theconsultantcouldfindsecondarydata,probablyfromtheCensus.Thatwouldyielddeathratesforthecommunityinquestion,whichcouldbeextrapolatedforthepopulationgrowthtoyieldanestimatesofthenumberofdeathsinaparticulargeographicarea.
Whyshouldcompaniesco
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