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Mission
The mission of the Office of Consumer Research is to provide
excellence in student learning and consumer market research
by guiding, supporting, and conducting market research of
consumers in the Middle Tennessee area and providing a means
for interaction between the academic community in the COB
and business practitioners.
Objectives
Of The OCR
- Conduct
telephone surveys to measure consumer confidence in the
Middle Tennessee area. Students enrolled in the Marketing
Research course (MKT 3930) at MTSU conduct the telephone
surveys, and the results are disseminated to local news
media.
The
overall purpose of a consumer confidence index is to gauge
the “pulse,” or “mood” of consumers.
It reflects prevailing business conditions and likely developments
in the future. It measures consumers' perceptions of current
business and economic conditions, as well as their expectations
for the future. Because consumer expectations and confidence
can have dramatic effects on business and the economy, a
measure of expectations and confidence can prove extremely
valuable to business planners.
- Support
faculty research efforts that are intended for publication
in scholarly journals by providing a means for collecting
primary data from and about consumers in the Middle Tennessee
area. A faculty member's survey questions will be included
in the consumer confidence survey.
One of the most difficult aspects of scholarly research
is collecting the data. Questions that have been approved
by the Institutional Review Board will be asked following
the consumer confidence questions. For example, areas of
research that can be supported by the OCR are:
- Consumer
perceptions of service quality and important service
quality variables.
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Consumer perceptions and beliefs regarding public policy
issues.
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Consumers’ use of coupons and rebates as purchase
incentives.
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Consumers’ perceptions of local sports franchises.
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Provide consumer market research services – including
developing research objectives, developing appropriate surveys
and research materials, data collection and analysis, and
a complete consumer market research report – to local
/ regional businesses. Research projects will be conducted
by students enrolled in the Applied Marketing Research course
(MKT 4880) at MTSU. This provides students with a unique
and high quality educational experience where they learn
through first hand experience how market research data is
collected, analyzed, presented, and used in making business
decisions.
Companies
interested in having the OCR conduct research projects for
them first contact the Director to be included in the set
of research projects to be conducted during a semester.
Students enrolled in the Applied Marketing Research course
(working on projects in groups of 4 to 5 students each)
conduct these approved projects. The type of research conducted
for such projects could include telephone surveys, intercept
surveys, customer exit interviews, and focus groups. Students
meet with a representative from the business at the beginning
of the semester to form an initial set of research objectives.
Students prepare a final list of research objectives and
a description of the research methodology, which will be
approved by the business representative. By the end of the
semester, students collect, analyze, and prepare a report
of the data, which is presented to the business representative.
Benefits
Of The OCR
By
performing these three functions, the OCR:
- Provides
students with a unique learning opportunity by participating
in “real-life” market research projects.
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Provides businesses with needed market research specific
to their business.
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Provides the entire Middle Tennessee business community
with key measures of consumers’ level of confidence
and future expectations.
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Enables the COB to fulfill its public service requirement.
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Provides for a linkage between academics and practitioners.
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Facilitates the scholarly research activities of COB faculty.
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Helps the COB to achieve its stated mission with regard
to teaching and student learning; service to the local business
community; and faculty scholarly research.
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