Chapter 3

Descrição

The hardest quiz you'll ever take.
Nathan Bennett
Quiz por Nathan Bennett, atualizado more than 1 year ago
Nathan Bennett
Criado por Nathan Bennett mais de 5 anos atrás
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Resumo de Recurso

Questão 1

Questão
What chapter is this quiz on?
Responda
  • Chapter 1
  • Chapter 2
  • Chapter 3: Global Marketing
  • Chapter 4

Questão 2

Questão
An example of a joint venture is Talmage and Brooke Demille's relationship.
Responda
  • True
  • False

Questão 3

Questão
Joint Venture is...
Responda
  • When two companies share sales, manufacturing, distribution, and all other duties.
  • When two companies work together on a project, but do separate parts.
  • A good example of standardization.

Questão 4

Questão
Which of these strategies is highest risk but also possible highest return?
Responda
  • Exporting
  • Licensing
  • Joint Venture
  • Foreign Direct Investment

Questão 5

Questão
Which of these is the best example of customization?
Responda
  • Tanner buying an iPhone
  • Todd taking Payge to an MMA fight
  • Nate putting hot salsa on his Mexican Domino's pizza
  • Nate eating cinnabites with his Mexican Domino's pizza.

Questão 6

Questão
“go global but act local.” This strategy based on a standard platform (global) combined with some modification for the market (local)
Responda
  • Galactical
  • Standardization
  • Glocal
  • Global

Questão 7

Questão
Todd buys a Nike Air Jordan sweatshirt in South Africa at a super cheap price. After opening his eyes, he realizes that its a counterfeit. This type of risk is classified as....
Responda
  • Competitive Risk
  • Legal Risk
  • Political Risk
  • Copyright Risk

Questão 8

Questão
[blank_start]Competitive risk[blank_end] - competitors’ responses to the new product’s entry into the local market. [blank_start]Economic risk[blank_end] - potential mismanagement of a country’s economy, exhibited in inflation and government debt. [blank_start]Legal risk[blank_end] - inadequate protection of contracts and intellectual property. Without appropriate legal safeguards, the probability of broken contracts and stolen intellectual property increases significantly. [blank_start]Political risk[blank_end] - demonstrations, strikes, civil strife, abrupt government changes, violence, or terrorism, influences business performance.
Responda
  • Competitive risk
  • Economic risk
  • Legal risk
  • Political risk

Questão 9

Questão
... Another country is allowed to use the manufacturing, processing, trademark, know-how, patent, or some other skill or value. What is this?
Responda
  • Joint Venture
  • Licensing
  • Foreign Direct Investment
  • Exporting

Questão 10

Questão
What is the best definition of dumping?
Responda
  • A common social practice in Central Provo.
  • The pricing of goods at less than their cost of production or less than the price in the home market.
  • Pricing American products higher than the market average due to the level of respect
  • Putting large tariffs on foreign produce.

Questão 11

Questão
Which of these is NOT an example of an additional foreign cost?
Responda
  • Transportation
  • Food quality checks
  • Tariffs
  • Importer Margin

Questão 12

Questão
Which of these qualities make a foreign market more attractive?
Responda
  • Customer needs
  • Customer Purchasing Power
  • Language Compatibility
  • Market Size
  • Market Growth Rate
  • Famous people from that country
  • Market Access
  • Payge lives 8 minutes from the border of that country.

Questão 13

Questão
Which of these questions must one ask before deciding to go global?
Responda
  • Should we market abroad?
  • Which foreign markets are most attractive?
  • What are the risks?
  • How should we enter?
  • Should we alter our marketing mix to satisfy local preferences?
  • Should we ask the magic 8 ball if we should go in?

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