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

Should Research Firms Pay Respondents - Assignment Example

Cite this document
Summary
This assignment "Should Research Firms Pay Respondents" focuses on companies that often carry out research in order to obtain critical information from clients and customers concerning the quality of their services or goods. These companies rely on marketing research firms…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.3% of users find it useful
Should Research Firms Pay Respondents
Read Text Preview

Extract of sample "Should Research Firms Pay Respondents"

Should Research Firms Pay Respondents Should Research Firms Pay Respondents Companies often carry out research in order to obtain critical information from clients and customers concerning the quality of their services or goods. These companies rely on marketing research firms to carry out qualitative research through surveys in order to solicit information from the customers. However, surveys are often tedious, and time-consuming for the customers and clients, leading to limited responses. Marketing research firms face the compulsion of turning to the use of incentives in order to encourage the public to participate in such surveys.

Some of the incentives considered are often monetary. This paper will consider whether awarding respondents with monetary incentives is ethical. Marketing research firms use monetary incentives as one of the strategies that serve to increase responses from the public so that they can attain an appropriate sample size (Gitman, & McDaniel, 2009). Most marketing firms seem to approve of the use of monetary incentives because of the potential they present in persuading customers to participate in surveys.

However, there is an urgency to address the consequences of using monetary incentives to persuade people to participate in surveys. There is immense value in using monetary incentives because research firms get adequate responses from the public. The information solicited from the public is of crucial use in determining the perception of the target market concerning the goods and services they offer. Such an understanding of the opinion of the target market is critical in making decisions in the company (Kurtz, 2012).

This explains why research firms will do anything to get an adequate representation of the target market in the surveys. Monetary incentives increased the number of participants and the quality of responses. However, there are numerous ethical issues surrounding the use of monetary incentives to motivate the public to participate in their surveys (Zikmund, &Babin, 2007). In some cases, offering respondents incentives reflects an act of bribing the respondents into participation, compelling them to take part.

The information gathered may exhibit bias. Moreover, many marketing research firms may be mistaken for scams that are common on many online sites affecting the integrity of the company.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“M2 A1/ 1 Assignment Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.org/marketing/1622472-m2-a1-1
(M2 A1/ 1 Assignment Example | Topics and Well Written Essays - 250 Words)
https://studentshare.org/marketing/1622472-m2-a1-1.
“M2 A1/ 1 Assignment Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/marketing/1622472-m2-a1-1.
  • Cited: 0 times

CHECK THESE SAMPLES OF Should Research Firms Pay Respondents

Youth-Police Interaction

In this research, the researcher has employed the use of a questionnaire to serve as a guide in collecting raw data from the respondents in a structured interview.... The respondents will be given the freedom to express their answers in a better way.... This will enable the researcher to collect a lot of data from the respondents, as open ended questionnaires allow the respondent to offer unlimited responses.... However, the researcher is likely to encounter problems when collecting data especially where some respondents might engage him in long discussions....
9 Pages (2250 words) Dissertation

Hiring an Unqualified or an Unsuitable Employee

By incorporating the proper techniques during the interview process, interviewers can easily find out the respondents' personality, personal information, social skills, and even the accuracy of the information provided (Land, 2005:3).... Although they are said to be more unreliable than structured interviews, research conducted by Reed Consulting showed that seventy per cent of firms in Britain use unstructured interviews (Lakshman, 2013)....
11 Pages (2750 words) Essay

Discrimination and Racism against foreign immigrant people in United States

This paper looks at the relationship between age of the respondents, last level of education attained by the respondents, the fluency with which the respondent can speak English and status of the respondent's citizenship and how these factors affected their opinion of how they.... The study could not find statistically significant relationship either between citizenship and discrimination, or between knowledge of English and discrimination, nor could it find any statistically significant relationship between discrimination and education expectation of respondents when controlling for age....
17 Pages (4250 words) Essay

Family Owned Real Estate Properties in London

hilst focusing on family owned real estate companies in London, the research study focused on the aspect of management in these companies and in particular how the collaborations of property agents work with these family owned businesses.... The current study "Family Owned Real Estate Properties in London" is primarily purposed to focus on family-owned real estate businesses and is also purposed to establish and analyze the views of the few property agents that were located within London....
38 Pages (9500 words) Dissertation

Consumer Behavior Involved in Obtaining, Consuming and Disposing of Products

The subject matter of consumer behavior is very interesting and fascinating but it is regarded difficult to research because many qualitative factors come in to play when a consumer is trying to make a purchase.... he subject matter of consumer behavior is very interesting and fascinating but it is regarded difficult to research because many qualitative factors come in to play when a consumer is trying to make a purchase....
11 Pages (2750 words) Essay

Have Small Business Enterprises Made Use of Information Technology

In Europe alone, small and medium-sized firms comprise approximately 99% of all businesses and employ about 65 million people (European Commission, 2010).... This research 'Have Small Business Enterprises Made Use of Information Technology?... A detailed literature review presents a clear picture of the research.... The paper talks about the design of the instrument that has been used to carry out the research for this paper....
40 Pages (10000 words) Research Paper

Cross Borders Mergers and Acquisitions on Management Activities in Market Economies

The paper "Cross Borders Mergers and Acquisitions on Management Activities in Market Economies" is a perfect example of a marketing research paper.... The paper "Cross Borders Mergers and Acquisitions on Management Activities in Market Economies" is a perfect example of a marketing research paper.... The paper "Cross Borders Mergers and Acquisitions on Management Activities in Market Economies" is a perfect example of a marketing research paper....
14 Pages (3500 words) Research Paper

The Role of the Management at British Midland International

Some of the respondents might reveal some incriminating or offending information about the organization as whole or fellow managers.... Furthermore, the researcher must cultivate trust from respondents in order to obtain sensitive information such as the respondent's personal opinions on fellow managers.... The research proposes to use a stratified sample size of eight respondents from 3-4 senior management levels at BMI.... This is different from a random sample as a random sample might include irrelevant respondents a problem which is taken care of by stratified sampling....
5 Pages (1250 words) Research Proposal
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