PRICE SURVEY MINI CASE: Capital Clothing Wants to Get a Better

question 84

Multiple Choice

PRICE SURVEY MINI CASE: Capital Clothing wants to get a better understanding of consumers' perceptions of the price and quality of its sweaters. After reviewing data from Yankelovich on consumer lifestyles and consumption patterns, Capital Clothing identified specific consumer characteristics of its target market, which helped it develop a screening questionnaire. The screening questionnaire was used to select participants for its price/quality survey. The following is the survey administered by Capital Clothing to evaluate customer perceptions of the price and quality of its sweaters.
1. Rank the following clothing companies in terms of the quality of their sweaters.
$$\begin{array} { l | l | l | l } \hline \text { Capital } & & & \\\text { Clothing } & \text { Executive Suit } & \text { Sweater Hut } & \text { A-List }\end{array}$$ 2. Do you agree or disagree with the following statement? (Check one)
Sweaters from Capital Style provide good value for price.
$$\begin{array} { | l | l | l | l | l } \hline \text { } &somewhat & nither agree&somewhat &strongly\\\text { strongly agree } & \text { agree } & \text { nor disagree } & \text { disagree }& \text { disagree }\end{array}$$ 3. Please check the point on the following continuum that best expresses your impression of the price of Capital Style Sweaters.
Expensive
Inexpensive
$$\begin{array} { l | l | l | l } \hline \text { } & & & \\\text { Expensive } & \text {} & \text {} & \text { Inexpensive }\\\hline \text { } & & & \\\end{array}$$ 4. How likely are you to purchase a Capital Style sweater in the next six months?
\begin{array} { | l | l | l | l | l } \hline \text { definitly  will } &probably  will &might  or  might  not&probably  will &definitly  will\\\text { purchase } & \text { purchase } & \text { purchase } & \text { not purchase }& \text { not purchase }\end{array}
-In the PRICE SURVEY MINI CASE, the screening questionnaire is developed based on ________ from Yankelovich.

• A) internal secondary data
• B) quantitative primary data
• C) external secondary data
• D) qualitative primary data
• E) qualified primary data

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Definitions:

Stress Reduction

A variety of techniques and methods aimed at decreasing psychological or physical stress.

Immune System

The complex network of cells, tissues, and organs in the body that defends against infections, diseases, and foreign substances.

Sense of Taste

One of the five senses, involving the ability to detect flavors through taste buds in the mouth.

Spoiled Food

Food that has gone bad due to bacteria, mold, or yeast growth, making it unsafe to eat and potentially causing illness.