The purpose of this project is to provide the student with the experience of applying marketing research techniques to an actual business problem of interest. This major class project is worth 30% of your final grade. You will be required to select a business or industry that you are interested in and to develop a problem that you think can be addressed through marketing research. It is important to utilize course terminology throughout your project. All project topics must be approved by the instructor before proceeding. Each student must present his or her final report at the end of the semester.
To fully comprehend the breadth and scope of a successful Marketing Research report, it is imperative to understand the nine key stages in conducting a market research project:
Stage 1. Formulating the marketing research problem
Stage 2. Method of Inquiry the Scientific Method & developing a hypothesis
Stage 3. Select a Research Method
Stage 4. Planning the Research Design
Stage 5. Select the data collection techniques
Stage 6. Sample Design and Procedures
Stage 7. Questionnaire development Please refer to the rubric for criterion & grading
standards.
Stage 8. Analysis and Interpretation
Stage 9. The Marketing Research Report Include survey results, conclusions and
recommended courses of action
Your final project must include the following elements:
-Defining the Research Problem
-Selecting the Research Design
-Development of a Questionnaire
-Analysis of Data
-Presentation of Findings and Final Report