16) A producer of toys for small children asks a marketing research firm to conduct a
survey to determine what percentage of the households in a region have children under 6
years of age. The marketing research firm should probably decline the project because of
which of the following?
a. toy managers confused about what information is needed
b. costs of research outweigh the benefits
c. decision has already been made
d. decision-making information already exists
e. none of the above
17) Why would a bank not be interested in a study that would tell them which of their
male customers have a poor self-concept and tend to be introverted?
a. resources for the study are lacking
b. the research results would not be useful
c. the managerial decision has already been made
d. decision-making information already exists
e. none of the above
18) A marketing research firm is discussing the possibility of a major project for a
real estate company. The research firm has already conducted extensive exploratory
research for the project and has been compensated. For the subsequent survey, the top
managers in the real estate firm cannot agree on exactly what the specific research
objectives should be. What should the marketing research firm do?
a. decline the project
b. conduct more exploratory research
c. tell the top managers what the research objectives should be and do the project