Exam 12: Developing and Marketing Products
Exam 1: Globalization142 Questions
Exam 2: Cross-Cultural Business176 Questions
Exam 3: Politics and Law136 Questions
Exam 4: International Ethics16 Questions
Exam 5: Economics and Emerging Markets136 Questions
Exam 6: International Trade18 Questions
Exam 7: Foreign Direct Investment135 Questions
Exam 8: Regional Economic Integration149 Questions
Exam 9: International Financial Markets and Foreign Exchange155 Questions
Exam 10: International Strategy and Organization138 Questions
Exam 11: Selecting and Managing Entry Modes140 Questions
Exam 12: Developing and Marketing Products141 Questions
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When distribution channels are lengthy,a push strategy is typically most successful.
(True/False)
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Scenario: Old World,Ltd.
Old World,Ltd. ,a London-based furniture manufacturer,is establishing its global distribution,pricing,and promotion strategies.Being new to global business,the firm is seeking your help in making its decisions.
-If Old World adopts a pricing policy of different selling prices in export markets than it has in the British market,it would be following a ________ strategy.
(Multiple Choice)
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________ is often necessary when many important differences exist between the home and target markets.
(Multiple Choice)
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Lower levels of education and less buying experience mean that consumers in developing countries are ________.
(Multiple Choice)
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The ________ a product's value density,the more ________ the distribution system.
(Multiple Choice)
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A company's ________ comprises its efforts to reach distribution channels and target customers through communications,such as personal selling,advertising,public relations,and direct marketing.
(Essay)
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Using examples,explain in detail the circular process of marketing communications.
(Essay)
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________ is the name of one or more items in a product line that identifies the source or character of the items.
(Essay)
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A pull strategy is most appropriate under which of the following circumstances?
(Multiple Choice)
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Because it is so costly,a ________ strategy is not common.
(Multiple Choice)
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Discuss in detail the concept of value density and its impact on an organization's distribution policy.
(Essay)
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Discuss,with examples,the primary concerns of managers when establishing distribution policies.
(Essay)
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Upper or lower limits placed on the prices of products sold within a country are known as ________.
(Multiple Choice)
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The term ________ refers to the number of intermediaries between producer and buyer.
(Multiple Choice)
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A brand name can function as legal property that owners can protect from trespass by competitors.
(True/False)
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________ is one in which a manufacturer grants the right to sell its product to only one or a limited number of resellers.
(Essay)
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Which of the following methods extends the same home-market product and marketing promotion into target markets?
(Multiple Choice)
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The lower a product's value density,the more localized the distribution system for that product.
(True/False)
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Product standardization is more likely when nations share the same level of economic development.
(True/False)
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