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Foreign national pricing is the use of the home-country price in foreign markets.

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In general, the deeper the desired immediate market penetration is:


A) the more the physical product should be standardized.
B) the greater the product must be modified.
C) the more the total product should be standardized.
D) the lower the pricing must be.
E) none of the above.

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Why is the international marketing manager's task complex?

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Answers may vary but may include the fol...

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Services are generally less complex to market globally than:


A) consumer products.
B) industrial products.
C) luxury products.
D) basic consumer staples.
E) None of the above.

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Sales promotion provides the selling aids for the marketing function and includes activities such as the preparation of point-of-purchase displays, contests, premiums, trade show exhibits, money-off offers, and coupons.

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In cases where the product serves the same function but must be adapted to different conditions, the product may be left unchanged but a different message is required.

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The various methods of communicating with the firm's publics to secure a favorable impression are:


A) advertising.
B) promotion.
C) public relations.
D) marketing.
E) none of the above.

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Marketers everywhere need to be able to:


A) price the products or services so they are acceptable.
B) produce products that satisfy customers' needs.
C) inform potential customers.
D) two of the above.
E) all of A, B, and C.

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Why is the closer integration of functions important for new product development?

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Answers may vary but may include the fol...

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Dissimilar cultural patterns generally necessitate changes in marketing of food and other consumer goods.

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Buyers of industrial goods and luxury products usually act on the same motives the world over, lending themselves to a standardized approach.

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Evidence suggests that:


A) the Internet can be an effective tool in personal selling, when used to build trust.
B) the Internet is more effective in personal selling than is face-to-face communication.
C) the Internet is an inappropriate choice for personal selling when trust building is important.
D) all of the above.
E) two of A, B, and C.

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In spite of the advantages of global standardization, many firms find it necessary to:


A) use the domestic marketing mix overseas.
B) modify the present mix or develop a new one for overseas markets.
C) use different marketing mixes overseas, to save money.
D) two of the above.
E) all of A, B, and C.

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The product is:


A) the central focus of the marketing mix.
B) more than a physical object.
C) the result of economies of scale.
D) A and B.
E) all of A, B, and C.

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The benefits from standardization of the marketing mix are lower costs, easier control, and reduction of time in preparing the marketing plan.

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The attractions of using the Internet as an international advertising medium include:


A) a high number of users of the Internet read English or other common languages well.
B) Internet communications are two-way, rather than one-way like newspaper ads.
C) it is possible to tailor messages to the customer, based on answers to prior questions.
D) all of the above.
E) two of A, B, and C.

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The marketing mix is a set of strategy decisions made in the areas of product, production, promotion, and pricing in order to satisfy the needs and desires of customers in a target market.

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As exemplified by companies such as Campbell's, international firms seldom have to change name, labels, or colors due to cultural differences.

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Advertising is generally more effective than the other promotional mix elements.

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A middle ground between an ad campaign that is standardized worldwide and an entirely local ad campaign is called a:


A) hybrid advertising campaign.
B) programmed-management approach.
C) computerized-management approach.
D) shared-management approach.
E) none of the above.

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