Exam 14: Developing and Marketing Products
Exam 1: Globalization213 Questions
Exam 2: Cross-Cultrual Busines232 Questions
Exam 3: Politics, Law, and Business Ethics218 Questions
Exam 4: Economic Systems and Development218 Questions
Exam 5: International Trade179 Questions
Exam 6: Business-Government Trade Relations194 Questions
Exam 7: Foreign Direct Investment173 Questions
Exam 8: Regional Economic Integration182 Questions
Exam 9: International Financial Markets195 Questions
Exam 10: International Money System182 Questions
Exam 11: International Strategy and Organization199 Questions
Exam 12: Analyzing International Opportunities169 Questions
Exam 13: Selecting and Managing Entry Modes212 Questions
Exam 14: Developing and Marketing Products187 Questions
Exam 15: Managing International Operations140 Questions
Exam 16: Hiring and Managing Employees157 Questions
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Manufacturers of products commonly sold through department and grocery stores often use a ________ strategy.
Free
(Short Answer)
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Correct Answer:
push
________ are imitation products passed off as legitimate trademarks, patents, or copyrighted works.
Free
(Multiple Choice)
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Correct Answer:
B
Under which of these methods does a company extend the same product into new target markets but alters its promotion?
Free
(Multiple Choice)
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Correct Answer:
B
The value customers obtain from a product is heavily influenced by the image of the country in which it is designed, manufactured, or assembled.
(True/False)
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The decoding process by the audience can be disrupted by the presence of ________.
(Short Answer)
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Manufacturers of products that are commonly sold through department and grocery stores often use a ________.
(Multiple Choice)
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Under which of these methods does a company adapt its product to the requirement of the international market while retaining the product's original marketing communication?
(Multiple Choice)
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Lower levels of education and less buying experience mean consumers in developing countries are less likely to need protection.
(True/False)
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Which of the following influences the decision to use a push or pull strategy?
(Multiple Choice)
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Firms that standardize their advertising usually control campaigns from the home office.
(True/False)
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Scenario: Silk Industries, LLC
Silk Industries, LLC comprises two major divisions: consumer products and industrial products. The consumer product line of the company enjoys a well-recognized brand name and loyal customers worldwide. The managers are considering different types of promotional strategies.
-Which of the following might be most appropriate for its consumer product line?
(Multiple Choice)
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How can companies better manage their salespeople in other cultures?
(Short Answer)
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The physical path a product follows on its way to customers is called a ________.
(Multiple Choice)
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Scenario: Scooters, Inc.
Scooters, Inc. is a producer of pricey scooters. The company's profits come mostly from sales of its luxury line that caters to the rich and famous, similar to the Vespa. Ben Driven, vice president of marketing for Scooters, Inc. has been asked to review the company's worldwide pricing strategy.
-Scooters, Inc. has traditionally sold its products at one price in the domestic market and at another price in export markets, which is called a(n) ________ strategy.
(Multiple Choice)
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Counterfeiting is common among all of the following products EXCEPT ________.
(Multiple Choice)
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Implementing a push strategy can be difficult when ________.
(Multiple Choice)
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An ________ channel does not create strong barriers to channel entry for other producers, nor does it provide much control over reseller decisions such as what competing brands to sell.
(Multiple Choice)
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Culture is causing people's needs and preferences to converge throughout the world.
(True/False)
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________ refers to anything that disrupts the audience's ability to receive and interpret the promotional message.
(Multiple Choice)
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When an idea is ________, it is translated into words, images and symbols.
(Short Answer)
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