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XYZ Marketing Research Is Testing How Customers React to a Proposed

question 40

Multiple Choice

XYZ Marketing Research is testing how customers react to a proposed advertising campaign for Go Fast Sports Cars.They have consumers sit in an MRI machine and monitor which areas of the brain are activated as the participants watch a series of commercials and print ads.They are using _______ to collect the data needed to solve the research problem.

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Definitions:

Operations

The day-to-day activities involved in the running of a business to produce goods or provide services efficiently.

Constituency Development

The process of building and maintaining relationships with stakeholders or groups that an organization or political entity depends on for support and advocacy.

Strategic Constituencies

Groups or stakeholders whose support is essential for an organization's survival and success, such as customers, employees, suppliers, and investors.

Value Creation

The process by which goods or services are provided that offer customers better value than those of competitors, either through lower price or by providing greater benefits and service that justifies higher prices.

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