3.2.1 Methods of market research (3)

Resources | Revision Questions | Business Studies

Login to see all questions

Click on a question to view the answer

1.

A clothing retailer conducted a survey to determine the popularity of different clothing styles among its customers. They asked 50 customers which of the following styles they preferred: Casual wear, Formal wear, and Sportswear. The results are presented in the pie chart below:

[Imagine a pie chart here - representing the following percentages: Casual wear - 40%, Formal wear - 30%, Sportswear - 30%]

Analyse the pie chart and explain two possible reasons for the distribution of preferences.

2.

A supermarket chain is considering introducing a new range of organic vegetables. They conducted a survey of 120 customers to gauge interest. The results are shown in the table below:

OptionNumber of Respondents
Organic Vegetables60
Non-Organic Vegetables30
No Preference30

Identify two limitations of this market research data and suggest one way the supermarket chain could improve its research methods.

3.

A business is planning to launch a new range of eco-friendly cleaning products. Describe three different sources of secondary research the business could use to gather information about the market demand for such products. For each source, explain what type of information it would provide and its potential limitations.