StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

A Quantitative Method of Study - Case of Kellogg's - Assignment Example

Cite this document
Summary
The paper "A Quantitative Method of Study - Case of Kellogg's" outlines some of the research methods that will prove more worthwhile for the company to apply, as they are best placed to derive the required and anticipated feedback, with a high degree of validity, reliability, and accuracy…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.6% of users find it useful
A Quantitative Method of Study - Case of Kelloggs
Read Text Preview

Extract of sample "A Quantitative Method of Study - Case of Kellogg's"

Market research Market research is an important aspect that can help a company or any other business entity understand the nature of the market the business aims to serve, who are the likely competitors and how the business can apply marketing strategies to overcome its competitors (Kish, 1965 p21). Thus, there are various research methods that Kellogg's can adopt while undertaking its research, in a bid to measure shoppers attitudes and behavior towards their products. However, some of the research methods will prove more worthwhile for the company to apply, as they are best placed to derive the required and anticipated feedback, with a high degree of validity, reliability, and accuracy, than others. Owing to the fact that, it is well known in advance, what the research is seeking to understand, then, a quantitative market research is the method most appropriate for application by Kellogg's, as compared to the qualitative method. While a qualitative method of research offers a complete description of the company’s situation, quantitative research will go an extra mile to classify and express the situation in a quantifiable manner (Herbert, 2005 p229). The quantitative method of research proves the most appropriate in the sense that the objective of this method is to seek precise measurement and analysis of shoppers behaviors and attitudes, where the results are presented inform of data and statistics. This serves to create a clear and precise understanding of the issues at hand, in that the specifics of these issues are brought into the limelight in ways that are easily quantifiable (Bethlehem, 2012 p51). Paramount is the fact that a research by Kellogg’s, in trying to understand the attitudes and the behaviors of the buyers towards its products, will be well depicted under the application of quantitative methods of research, in that, the data obtained is more efficient (Groves, 1989 p23). The method also allows the opportunity to develop and test hypotheses, while allowing for the generalization of the results and findings of the study, through an inference into the general population. This is a significant aspect of the research that Kellogg's should undertake, in that it will go a long way in helping the company observe the behaviors and attitudes of the shoppers in a broader perspective, while generalized to the whole of the Australian shoppers (Fricker, 2008 p195). Quantitative method of study allows the researchers to remain more objective, as opposed to qualitative research, where the researcher is highly subjected to the subjects of study. Additionally, the ability of the quantitative research to give rise to findings that can be verified and validated statistically is very vital for Kellogg’s since it creates a better understanding of the market environment of its products, which can easily be validated, increasing the reliability and accuracy associated with the data (Weimer, 1995 p18). The ability to control the research by the researchers, through the application of certain rules and procedures makes quantitative the most appropriate method of research for Kellogg’s to apply. Most advantageous is the ability of this method to yield results, which are measurable and with low chances of bias (Davies, 2006 p14). However, the limitation associated with the application of quantitative methods of research is the fact that, the study will be limited to the analysis of certain variables, guided by the rules and procedures of the research that are predetermined (Romney, 1988 p9). Additionally, some aspects of the shoppers’ behaviors and attitudes that are not quantifiable may be ignored through the application of the quantitative method of study, yet they could be informative and of great importance for appropriate decision making regarding the products and marketing strategies for this company (Davies, 2006 p15). Data collection helps in obtaining information that can be analyzed later and applied in decision making by a business, regarding its products and marketing strategies. Sample survey is the data collection technique most suitable for application by Kellogg’s. Sample survey entails the division of the population into various subsets, based on various characteristics, and then measuring the attributes of such subsets of the population, in order to obtain a wider picture of the population attitudes and behavior (Given, 2008 p31). The benefit associated with sample survey as a method of data collection is the fact that it reduces the labor, time, the costs, and resources necessary for undertaking a research on the whole population. In so doing, the technique provides an efficient avenue, through which the characteristics and behaviors of the whole population can be understood, through the inference of the sample results and findings to the general population (Bethlehem, 2012 p62). However, the technique is not free of limitations, in that, it is associated with sampling errors, which can give a wrong impression of the population characteristics, if not well controlled. Nevertheless, if the technique is well administered, it provides the ability to estimate the sampling errors, making the results obtained by the technique reliable (Hunter, 2008 p290). Considering that Kellogg's deals in a variety of foodstuff products, then, the research should target women, children, and the youth shoppers in Australia. This is because, women, children, and youths, are mostly the ones involved in the purchase of foodstuff products such as snacks and cereal products. The inclusion of this target groups in the study will thus be most appropriate to generate the feedback desired, as they are the ones involved in the shopping behavior, which is the most significant aspect that Kellogg's seeks to understand. Sample selection for women, children, and youths, is also informed by the fact that these are the groups, which spends most of their time shopping, as opposed to men, who simply picks a product needed and leaves the business premise. These groups spend most of their time scrutinizing and comparing products, in an attempt to include variety and flavors in their shopping basket (Groves, 1989 p22). A sample size of two thousand respondents, with different purchase behaviors and attitudes should be targeted by the research. This sample size is appropriate to consist of various shoppers with different purchase behaviors, tastes and preferences, an aspect of the research that serves to create a better understanding of the shoppers attitudes and behaviors, as desired by Kellogg's. In selecting such a sample, women should account for 50% of the sample selected, while the youths accounts for 35% and children for the remaining 15%. This sample sizes are more suitable in that women are the greatest shoppers of foodstuffs, followed by the youths and children in that order (Kish, 1965 p29). Stratified sampling technique should be applied in selecting the sample to be investigated in the research, as a sample selected in this manner is assured of diversity of the respondents’ characteristics, while minimizing the chances of sampling errors (Fricker, 2008 p207). This technique is most appropriate since it allows the population to be divided into various strata, for example, women, youth, and children. From each stratum, the members to be investigated are then selected by applying random sampling, where each member possesses an equal chance to be selected (Given, 2008 p34). In a situation where the recommendation is to be presented to the board of directors in two weeks time, then some aspects of the research method and sample size shall be modified. The research method will change from applying stratified sampling to applying random sampling, since random sampling requires less procedures and time to effect (Davies, 2006 p12). Additionally, the sample size selected will be reduced from the targeted two thousand shoppers to two hundred, an aspect that will allow the investigation to cover all the members of the sample. This change will be informed by the limitation of the time available to undertake such an investigation. References Bethlehem, J., 2012. Handbook of Web Surveys. Wiley Handbooks in Survey Methodology. New Jersey: John Wiley & Sons. 50-67. Davies, R., 2006. Qualitative Developmental Research Methods in Their Historical and Epistemological Contexts. 11-18. Fricker, D., 2008. Sampling Methods for Web and E-mail Surveys. London: SAGE. 195–216. Given, M., 2008. The Sage encyclopedia of qualitative research methods. Los Angeles, Calif.: Sage Publications. 32-35. Groves, M., 1989. Survey Costs and Survey Errors. New York: Wiley. 20-24. Herbert, F., 2005, The Total Survey Error Approach, University of Chicago Press: Chicago.228-231. Hunter, L., 2008. Collaborative Research in Sociology: Trends and Contributing Factors. American Sociologist. 290–306. Kish, L., 1965, Survey Sampling. New York: Wiley. 20-59. Romney, A., 1988. Systematic Data Collection (Qualitative Research Methods Series 10). Thousand Oaks, California: SAGE Publications. 8-17. Weimer, J., 1995. Research Techniques in Human Engineering. Englewood Cliffs, NJ: Prentice Hall. 16-20. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Market Research: Kelogg's Assignment Example | Topics and Well Written Essays - 1250 words”, n.d.)
Market Research: Kelogg's Assignment Example | Topics and Well Written Essays - 1250 words. Retrieved from https://studentshare.org/marketing/1451529-market-research-scenario-kelloggyies-wants-to
(Market Research: Kelogg'S Assignment Example | Topics and Well Written Essays - 1250 Words)
Market Research: Kelogg'S Assignment Example | Topics and Well Written Essays - 1250 Words. https://studentshare.org/marketing/1451529-market-research-scenario-kelloggyies-wants-to.
“Market Research: Kelogg'S Assignment Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/marketing/1451529-market-research-scenario-kelloggyies-wants-to.
  • Cited: 0 times

CHECK THESE SAMPLES OF A Quantitative Method of Study - Case of Kellogg's

Market Analysis: Kelloggs Issues

Market Research: Case Study on kellogg's (Name) (University) (Course) (Tutor) (Date) Section 1 - Market Research & Qualitative and Quantitative Techniques A business such as kellogg's that need to achieve higher or superior performance in the current business climate must be able to develop and continuously sustain its competitive advantage.... Overall, market research forms the basis of short-term and long-term marketing strategies that are adopted by the firm as it is the case for kellogg's in its pursuit to serve the customers better (Roberts, 2002, pp....
9 Pages (2250 words) Essay

Qualitative and Quantitative Techniques

This paper ''Qualitative and Quantitative Techniques'' tells that Discuss the purpose of market research in a market-oriented company such as kellogg's and also explain some of the differences between qualitative and quantitative research and that kellogg's requires both these research methods....  For a market-oriented company like kellogg's, market research adds business value and improves the company's competitive advantage.... Before launching a new product, kellogg's usually conducts market research to understand the preference of consumers concerning new products and this helps them to reduce the chances of failure....
8 Pages (2000 words) Essay

Market Research into Kellogg

: Methods of research quantitative method of market research is data collection specifically for the purpose of market research.... Qualitative method of market research is done by internal and external sources and includes questionnaire, interviewing and attitude scales.... Marketing Research The kellogg's Case Author Name [Pick the date] Table of Contents Table of Contents 2 Executive Summary 3 Introduction 3 Section I 3 Section II: A brief analysis of research stages 5 2....
8 Pages (2000 words) Essay

Managing for the Future

Three environmental programs of kellogg's have obtained ISO 14001 certification which signifies its efficiency to comply with environmental standards.... Managing for the Future Introduction kellogg's is a multinational food corporation which specializes in manufacturing cereal and other convenience food like crackers, pastries, toaster, cereal bars, waffles and other vegetarian foods ( kellogg's, “Our Brands”).... hellip; The brand includes regular cornflakes, frosted flakes, Special K, Rice Krispies, Coco Pops, Pringles, Nutri Grain and Pop Tarts (kellogg's, “Bringing Our Best to the World”)....
19 Pages (4750 words) Essay

Masstige Brand and Products: The Impact of Brand and Price on Customer Purchase Habits

Clifton (2000) recalled the days when brands were perceived as either bottles of coca cola or cans of kellogg's and compared it to modern times when the concept can be applied to anything and everybody.... This paper outlines the impact of brand and price on customer purchase habits....
13 Pages (3250 words) Research Paper

Importance of Building a Brand for Kellogg

The reconciliation of other cereal fiber products of Kellogg Company with the master brand of kellogg's All-Bran brand.... One of the main features of kellogg's products is that the company offers goods marked for taste and quality.... One of the main features of kellogg's products is that the company offers goods marked for taste and quality.... he brand image of kellogg's All-Bran is outstanding as compared to other high fiber brands made by Kellogg....
10 Pages (2500 words) Essay

Stat assigment

Variables are names, such as; age, height, salary, temperature, gender, hair color, field of study, degree of satisfaction.... The frame is the published calorie values, and the sample size for this study is 30.... In statistics variables can be quantitative and categorical.... Selection of quantitative or categorical variables depends on the research type that one intends to carry.... In statistical research data are classified as quantitative and qualitative....
10 Pages (2500 words) Assignment

Ways in which Takei and Coates Approach Observation in Their Research: A Comparative Analysis

nbsp; At this age group, the delicate nature of children's skills and rate of development varies considerably, researchers often opt to use observational research as a prelude to a more structured or comprehensive form of study in the future.... While Coates employed the qualitative approach in observational research, Takei used the quantitative method to assess and analyze the findings from his study.... It identifies the basic difference between a qualitative versus a quantitative approach in the observation method....
6 Pages (1500 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us