Question

In: Operations Management

Quantitative research does come with its drawbacks such as non-response bias. Why is this an issue...

Quantitative research does come with its drawbacks such as non-response bias. Why is this an issue that a marketer needs to be concerned about?

Solutions

Expert Solution

Non-response bias occurs when there is a systematic and significant differences between people who responded to the survey and people who have not responded to the survey. many such biases occur when conductive a quantitative research due to which the correct picture does not emerge. Marketers need to be concerned about this since it gives a wrong conclusion and upon which wrong decision making takes place. Biases should be reduced as much as possible to eliminate this difference in outcome and research. Marketers create strategies and target segments based on research. They position their products at price points versus their competitors by conducting researches. If the research has various biases in it, then the marketer entire strategy, segmentation and promotion will fail and it will cost the company financially as well as its image. Marketers should take care not to introduces biases such a sample bias, perception bias, non-response bias, income bias etc. The survey should be framed taking into all these biases and questions should be reframed if needed. Biases will invalidate the research conclusions and marketers won't know it until it is late. Therefore, it is important that strategy is framed upon the research with least biases to beat the competition.


Related Solutions

Discuss sources of bias for both quantitative and qualitative research. For quantitative research, be sure to...
Discuss sources of bias for both quantitative and qualitative research. For quantitative research, be sure to address both random and systematic bias. You may use examples from the articles you selected as illustrations of bias and/or preventing bias.
Briefly describe what is meant by​ non-response bias in a survey and why you would expect...
Briefly describe what is meant by​ non-response bias in a survey and why you would expect to see it in teacher evaluations.
What is a real life example of stratisfied sampling that has a bias of non-response and...
What is a real life example of stratisfied sampling that has a bias of non-response and measurment ?
Explain what is qualitative research and why it might be useful to marketers. What are its major drawbacks?
Explain what is qualitative research and why it might be useful to marketers. What are its major drawbacks?  
Why has Quantitative easing met some backlash from economists? What are the drawbacks for QE and...
Why has Quantitative easing met some backlash from economists? What are the drawbacks for QE and their potential ramifications?
500 word response What is Big Data? Why is it important? Where does Big Data come...
500 word response What is Big Data? Why is it important? Where does Big Data come from? 500 word NO SCREEN SHOTS OR IMAGES OF RESPONSE. PLEASE TYPE YOUR ANSWER OR UPLOAD DOCUMENT IF REQUIREMENTS MENTIONED ABOVE ARE NOT MET I WILL GIVE A NEGATIVE RATING
Why does the balanced scorecard include both financial performance measures and non-financial measures? (This response should...
Why does the balanced scorecard include both financial performance measures and non-financial measures? (This response should be 200-250 words in length)
True or False: 1) Non-response bias always causes downward because fewer people respond and hence we...
True or False: 1) Non-response bias always causes downward because fewer people respond and hence we have less data. 2) A sample that is created by randomly selecting individuals from the population to participate in a survey is always representative of the population. 3) When the median is higher than the mean, the share of observations to the left of the mean is greater than the share of observations to the right.
1) Does the U.S. have a monopoly problem? Why/not? Support your response with research. 2) Listen...
1) Does the U.S. have a monopoly problem? Why/not? Support your response with research. 2) Listen to the Planet Money Indicator podcast "Google's Mobile Monopoly" (Links to an external site.) and identify the barriers to entry in the tech industry that enable Google to realize it's monopoly/near monopoly. (remember to use additional resources as well) 3) Provide a separate example of a monopoly/near monopoly (natural or not) and comment on the barriers to entry in that industry. Please be specific....
What are the drawbacks for a company who does not allocate overhead costs to its products?...
What are the drawbacks for a company who does not allocate overhead costs to its products? Why might a company do this and what other controls would they have to implement to insure optimal performance?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT