Expert Answer :Module 4 Assume that a breakfast cereal manufactur

Solved by a verified expert :Module 4 Assume that a breakfast cereal manufacturer wants to learn more about the breakfast habits and preferences of the general population so that as they evaluate marketing opportunities in different metropolitan areas they will be better able to predict the success of different approaches to their marketing mix. Assignment 1: LASA 2: Marketing Project: Breakfast Cereal ManufacturerRefer to the cereal company scenario described in Module 4in which you are to assume that a breakfast cereal manufacturer wants to learn more about the breakfast habits and preferences of the general population so that, as they evaluate marketing opportunities in different metropolitan areas, they will be better able to predict the success of different approaches to their marketing mix. You have decided to use a survey to gather the data you need.As part of the project, you would like to test several hypotheses you have developed regarding the company’s marketing mix. Your marketing research firm’s manager has asked for certain details of your plan for the project. Your response must include:An explanation of the advantages and the disadvantages of survey methods.A description of the situational characteristics, the task characteristics and the respondent characteristics that are factors that should be considered when selecting the survey research design for a marketing research project.Your recommendation for use of either a person-administered survey method, a telephone-administered survey method, an e-mail survey, or an Internet survey method and the justification for your choice. Statements of each of the four hypotheses to be tested (one for each element of the marketing mix).A statement of the null hypothesis to accompany each hypothesis statement.An explanation of the benefits of hypothesis testing.A description of the statistical technique that should be used for testing each of the hypotheses and an explanation of why that technique should be used.An example or description of a perceptual map and a supported recommendation of whether perceptual mapping should be part of the project.Write a 6- to 8-page paper in Word format. Apply APA standards for writing style to your work.By Saturday, July 12, 2014 deliver your assignment to the M5: Assignment 1 Dropbox.Assignment 1 Grading CriteriaMaximum PointsExplained the advantages and disadvantages of survey methods.28Described the situational, task, and respondent characteristics that should be considered when selecting the research design.36Recommended and justified a survey method.24Hypotheses are precisely phrased, testable, and relevant to the research needs.40Null hypotheses are precisely phrased and appropriately correspond to the hypotheses.24Explained the benefits of hypothesis testing.32Statistical techniques are appropriate to the hypotheses and are justified.32Perceptual maps are illustrated or described and a recommendation regarding their use is supported.24Written Components: Organization (16)Usage and mechanics (16)Style (8)APA elements (20)60Total:300