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NoreproductionordistributionwithoutthepriorwrittenonsentofMcGraw-HillEducation.
InternationalMarketing,18e(Cateora)
Chapter13ProductsandServicesforConsumers
1)Globalcompetitionhasputmorepowerinthehandsoftheseller.
2)Thecostandqualityoftheproductareamongthemostimportantcriteriabywhichpurchasesaremade.
3)Consumerperceptionsofaqualityproductoftenhavemoretodowithmarket-perceivedqualitythanperformancequality.
4)Whentherearealternativeproductsinamarket,allofwhichmeetperformancequalitystandards,theproductchosenistheonethatmeetsmarket-perceivedqualityattributes.
5)Thedecisiontostandardizeoradaptaproductislessimportantindeliveringqualitythanprice.
6)Thetermproducthomogenizationisusedtodescribethechangesmandatedbylocalproductandservicestandards.
7)Greenmarketingisthetermfrequentlyusedtoidentifyamarketer'seffortstoreduceitsdependencyonU.S.dollarsasthestandardforinternationalexchange.
8)TheEuropeanCommission(EC)mandaterequiresaproducttobeevaluatedonallsignificantenvironmentaleffectsthroughoutitslifecycle,frommanufacturingtodisposal.
9)Animportantfirststepinadaptingaproducttoaforeignmarketistodeterminethecost-benefitasperceivedbytheintendedmarket.
10)Adaptationofthenonphysicalfeaturesofaproductshouldbeavoidedwhenadaptingtheproducttoanewculture.
11)Fromasociologicalpointofview,anyideaperceivedasnewbyagroupofpeopleisaninnovation.
12)AccordingtoEverettRogers,theelementoftimedifferentiateselementsinthediffusionofnewideasfromothertypesofcommunicationresearch.
13)Oneofthethreevariablesthataffecttherateofdiffusionofaproductistheperceivedattributesofproductinnovation.
14)Onevariablethataffectstherateofdiffusionofaproductistheactualattributesoftheinnovation.
15)Ingeneral,therateofdiffusionofaproductisnegativelyrelatedtoitsrelativeadvantage.
16)Productdiffusionoracceptanceismorerapidwhenproductperceptionsaresimilartocurrentculturalvalues.
17)ThepackagingcomponentoftheProductComponentModelconsistsofthephysicalproduct—theplatformthatcontainstheessentialtechnology—andallitsdesignandfunctionalfeatures.
18)OneofthecorecomponentsintheProductComponentModelistheproductplatform.
19)AccordingtotheProductComponentModel,theinstructionsforusingtheproductandthewarrantyoftheproductareincludedunderthepackagingcomponent.
20)Oneoftheconsistenciesthatmarketerscanlookforwardtowhenmarketingproductsabroadisthatalmostalllabelinglawsworldwideareessentiallythesame.
21)Incountrieswithlowliteracyrates,thepicturesandsymbolsonproductsaretakenliterallyasinstructionsandinformation.
22)Thesupportservicescomponentoftheproductcomponentmodelcontainssuchitemsasrepairandmaintenanceandavailabilityofspareparts.
23)Servicessuchasinsuranceanddrycleaningtypicallyareclassifiedastangible.
24)Servicesaredistinguishedfromproductsonthebasisoftheirdurability,homogeneity,andseparability.
25)Themajorityofservicesenterforeignmarketsbylicensing,franchising,ordirectinvestment.
26)Culturalbarriersplayabiggerroleinservicesthaninmerchandisetrade.
27)Inthecontextofglobalmarketing,aproduct'scountryoforigindoesnotaffectitsbrand'simagesignificantly.
28)Brandimageisattheverycoreofbusinessidentityandstrategy.
29)Productsfromdevelopingcountrieshavethehighestqualityimage.
30)Effectiveadvertisingandproperpositioningofproductscanhelpbrandstoimprovealess-than-positivecountrystereotype.
31)Whatimpacthasglobalcompetitionhadonbusinessactivitiesintheinternationalmarketplace?
A)Ithasshiftedthefocusfromaconsumer'smarkettoaseller'smarket.
B)Ithasincreasedproductlifecycles.
C)Ithasputmorepowerinthehandsofthecustomer.
D)Ithasreducedthecompetitivespiritofmostbusinessesinamarketplace.
E)Ithaslimitedthechoicesoftheconsumers.
32)Whatisoneofthetoptwocriteriaforglobalmarketconsumerswhenmakingpurchasedecisions?
A)appearance
B)size
C)technology
D)quality
E)service
33)Whatarethetwodimensionsthatdefinethequalityofaproductorservice?
A)consumerchoicequalityandprocessquality
B)market-perceivedqualityandperformancequality
C)productqualityandmarketquality
D)actualqualityandassumedquality
E)absolutequalityandrelativequality
34)Product________isthetermusedtodescribethechangesmandatedbylocalproductandservicestandards.
A)localization
B)protectionism
C)disapprobation
D)dilution
E)homologation
35)ExerciseAwayProductsfoundoutitneededtoshortenthelegsofitstreadmillssoldinChinaowingtotheheightoftheaverageChineseperson.Bydoingthis,ExerciseAwayProductshasachieved
A)producthomologation.
B)globalproductstandardization.
C)productdilution.
D)productobsolescence.
E)productdisapprobation.
36)AEuropeanchocolatemanufacturerreceivedseveralcomplaintsfromcustomersaboutthequalityofitsproductswhenitbegansellingtheminatropicalcountry.Thefirmhadtorepackageitschocolatebarswithanextraplasticwrappertoprotectitfromtheheatanddust.Whichfactorinthelocalmarketismostlikelytohavedictatedthecompany'sproductadaptationinthisscenario?
A)legalrequirements
B)economicrequirements
C)politicalrequirements
D)climaticrequirements
E)technologicalrequirements
37)BragsterBar,abrandofenergybarsinCanada,sellsitsbarssinglyorinpacksoftwoinSouthAsianmarketsinsteadoftheirregularmultiple-itempackagingthatcontains10or20bars.WhatrequirementofthelocalmarketmostlikelyinfluencedBragsterBar'spackagingdecision?
A)legal
B)political
C)economic
D)technological
E)cultural
38)DownwardDogWineshadtomarketitsproductswithadifferentnameinaforeignmarketasitwasmandatorytotranslatethenameintothelocallanguage.WhichfactorhasmostlikelyinfluencedthecompulsorychangeofDownwardDog'sproductnameintheforeignmarketinthisscenario?
A)legalrequirement
B)climaticrequirement
C)technologicalrequirement
D)monetaryrequirement
E)economicrequirement
39)AU.S.cosmeticscompanyhadtoincreasetheSPFvalueofitssunscreenlotionsmarketedintheMiddleEasttoprovidemoreprotectionagainstUVradiation.Whichrequirementdictatedtheproductadaptation?
A)legal
B)cultural
C)economic
D)climatic
E)political
40)AtelevisionmanufacturerinSouthKoreahadtosimplifyitstelevisionsbeforeintroducingthemtotheNigerianmarkets,asthecountrylackedtheskillstorepairtheproductincaseofamalfunction.Thelocalsalesforcealsodidnothavethesufficientknowledgeabouttheinstallationoftheproduct.Therequirementthatisinfluencingproductadaptationinthisscenariois
A)legal
B)climatic
C)political
D)cultural
E)technological
41)Awomen'sclothingcompanybasedinSingaporehadtomodifyitsclothesbeforeintroducingtheminIran,asitneededtomeettheneedsofthewomenwhoaregenerallyexpectedtocoverthemselvescompletelyaspersocietalnorms.ToadaptitsclothestoIranianmarkets,thecompanyusedopaquematerialandprovidedaccessorieslikescarves.Whichrequirementhasdictatedtheproductadaptation?
A)legal
B)cultural
C)technological
D)economic
E)climatic
42)Whatisthedefinitionofgreenmarketing?
A)Itreferstoword-of-mouthmarketing,whereacompanydevelopscustomerswhobecomevoluntaryadvocatesofaproduct.
B)Itreferstoinboundmarketingusedonwebsitesintheformofabanner,text,orgraphic.
C)ItreferstothetypeofmarketingthattakesplaceontheInternet,whereallthemarketingresourcesandassetsaretransferredonline.
D)Itisusedtoidentifyconcernswiththeenvironmentalconsequencesofavarietyofmarketingactivities.
E)Itreferstonontraditionalorstealthmarketingcampaigns.
43)PGAutosintroducesanewtechnologyinitscarstoimprovetheirmileageandreducecarbonemissions.Italsotakesmeasurestoimproveitsproductionfacilitiesinordertoreduceitscarbonfootprint.ActualintroductionofgreenmeasurestomeetthegovernmentguidelinesratherthanjustthroughadvertisingandmarketingshowsthatPGAutosengagesin________marketing.
A)permission
B)recycle
C)green
D)black
E)greenwash
44)Whichcountryorgroupofcountrieshasbeenattheforefrontofthe"greenmovement"?
A)TheUnitedStates
B)Japan
C)Europe
D)OPECcountries
E)NAFTAcountries
45)Aspartofthe"greenmovement,"theEuropeanCommissionhaspassedlegislationtocontrolallkindsofpackagingwastethroughouttheEuropeanUnion.Twocriticalissuesthataffectproductdevelopmentarethecontrolofthepackagingcomponentofsolidwasteand
A)theprevalenceofsimilarenvironmentalstandardsacrossdifferentmembercountries.
B)consumerdemandforenvironmentallyfriendlyproducts.
C)highergovernmentsubsidiesforgreenertechnologies.
D)thecontinuousavailabilityofalternativeenergyresourcesforproduction.
E)theprovenefficientmanagementofinventoryofconventionalenergyproducts.
46)Whatisaphysicalattributeofamotorcyclethatisessentialforitsprimaryfunction?
A)color
B)price
C)mobility
D)design
E)popularity
47)Animportantfirststepinadaptingaproducttoaforeignmarketistodeterminethe
A)degreeofnewnessoftheproductasperceivedbytheintendedmarket.
B)personalethicsofindividualsinthetargetmarket.
C)regionalpoliticalpartiespresentinthedomesticmarket.
D)languageproblemoftheintendedmarket.
E)product'scompliancytoirrationalbeliefsofitspotentialforeignconsumers.
48)Fromasociologicalviewpoint,anyideaperceivedasnewbyagroupofpeopleisconsideredas
A)acreation
B)anadaptation
C)adeclension
D)atradition
E)aninnovation
49)Innovationspreadsbytheprocessof
A)diffusion.
B)filtering.
C)dissolution.
D)flighting.
E)liquidation.
50)AccordingtoEverettRogers,thegoalsofthediffusionresearcherandthemarketeraretoshortenthetimelagbetween
A)thedispatchoftheproductfromthecompanyandthetimeittakestoreachthecustomer.
B)thetimethatabudgetisdeterminedandthetimeneededforthefundstoreachthecommunicationchannels.
C)initialinvestmentandtheprofitsobtainedfromthoseinvestments.
D)introductionofanideaorproductanditswidespreadadoption.
E)introductionofanideaorproductandwhenrevisionscanbemade.
51)Whatisoneoftheextraneousvariablesthataffectstherateofdiffusionofanobject?
A)theabsolutemarginalvalueoftheinnovationrelativetotheold
B)theactualattributesoftheinnovation
C)theclimaticconditionsinwhichthemarketislocated
D)themethodusedtocommunicatetheidea
E)thedegreeofactualnoveltyoftheinnovation
52)Phineasiscomparingtheinnovationcharacteristicsofhiscompany'swaterfilterswiththosethatarealreadybeingmarketedinthelocalmarket.Hebelievesthereislotofpotentialforhisfiltersastheyarefunctionallymoreadvanced,havealongerlife,andcanalsobemarketedatamorecompetitivepricethanthoseofothersellersinthelocalmarket.TheinnovationcharacteristicofPhineas'sproductthatwillhelpinwideacceptanceofhisproductinthelocalmarketisits
A)compatibility.
B)complexity.
C)trialability.
D)relativeadvantage
E)observability.
53)Intermsofinnovationcharacteristics,aproductissaidtobecompatibleif
A)itprovidesgreatervaluetothemanufacturersthantotheconsumers.
B)thedegreeofsocialrepercussionsassociatedwithitishigh.
C)itsbenefitscanbecommunicatedeasily.
D)ithasahigherdegreeofcomplexitycomparedwithitscounterparts'.
E)itcomplieswiththeacceptedbehavior,values,andnormsofthelocalmarket.
54)Karyn,whoisinterestedinmarketinghercompany'sdietproductsinAsia,studiestheacceptablebehavior,norms,andvaluesinAsianmarketsastheyrelatetoherproduct.Inotherwords,Karynisstudyingherproduct's________intheAsianmarkets.
A)observability
B)compatibility
C)dissidence
D)trialability
E)complexity
55)Acompanyfocusingitseffortsonmakingitsnewinnovationmoreuser-friendlythanbeforeisworkingonthe_______oftheproduct.
A)compatibility
B)trialability
C)complexity
D)discordancy
E)observability
56)Mayawashappythatshedidnothavetoreadtheinstructionmanualtodeterminehowtoturnonhernewcamera,snapadigitalpicture,andexportthepicturetohercomputer.Thesigns(symbols)onthecamerabodymadeitveryclearwhatshewastodotoachievedigitalphotographysuccess.WhatcharacteristicofMaya's"newproduct"makesiteasyforhertobeginherdigitalexperience?
A)highpartibility
B)lowsusceptibility
C)lowcomplexity
D)hightrialability
E)lowcompatibility
57)AnAmericancompanywantstolaunchanewproductinMadrid.Fredaasksherproductmanagertodistributesomesamplestopotentialcustomerstheresothatshecangaugetheconsumerpreferencestherebeforeintroducingtheproduct.Fredaisattemptingtoreducethedegreeofeconomicand/orsocialrisk,alsoknownas________,associatedwithproductuse.
A)compatibility
B)relativeadvantage
C)complexity
D)trialability
E)observability
58)Aproduct's________referstotheeasewithwhichitsbenefitscanbecommunicatedtothecustomers.
A)relativeadvantage
B)compatibility
C)complexity
D)trialability
E)observability
59)AllCleandevelopspromotionalmaterialsandproductdemonstrationstoclearlyandeasilycommunicatethebenefitsofitscleaningproducts.Inthisscenario,AllCleanisattemptingtoenhancethe________ofitsproducts.
A)relativeadvantage
B)compatibility
C)complexity
D)trialability
E)observability
60)Ingeneral,therateofacceptanceorresistanceofthemarkettoaproductisnegativelyrelatedto
A)relativeadvantage.
B)compatibility.
C)trialability.
D)complexity.
E)observability.
61)Whatfactorismainlyresponsibleforaperceptualbiaswheninterpretingthecharacteristicsofaproduct?
A)toomuchproductinformation
B)ashorterdistributionchannel
C)amarketanalyst'sself-referencecriterion
D)alownumberofproductcompetitors
E)authoritativeproductinformationofthemarketanalyst
62)Thesuccessachievedbyfirmswhentheytaketheirinventionstomarketisreferredtoas
A)conversion-ability.
B)liquidation.
C)formation-ability.
D)homologation.
E)consultation.
63)Theproductplatform,designfeatures,andfunctionalfeaturesareallfoundinthe________componentofthephysicalproductaccordingtotheProductComponentModel.
A)core
B)support
C)packaging
D)supplementary
E)auxiliary
64)Sarj,aspecialistinproductdesign,isresponsibleforaproduct'sfunctionaldesign.WithrespecttotheProductComponentModel,inwhichcomponentcategorywouldSarj'stalentsmostlikelybeused?
A)core
B)supportservices
C)packaging
D)invisible
E)auxiliary
65)Ifacompanywishedtoalteraproduct'splatformsothattheproductcouldbemanufacturedinavarietyofformstomeetlocaldifferencesinfivedifferentforeignmarkets,thecomponentoftheProductComponentModelthatismostlikelytobeunderconsiderationis
A)supportservices.
B)packaging.
C)delivery.
D)ancillary.
E)core.
66)Appliances-a-Rama,anIndiancompanythatmanufactureskitchenappliances,altersthedesignofitsrangestosuittheneedsofitsJapaneseconsumers.TheJapaneseprefercompactandefficientappliancestofittheirsmallkitchens.AccordingtotheProductComponentModel,whichproductcomponentisbeingaddressed?
A)packaging
B)invisible
C)core
D)ancillary
E)supportservices
67)Whenacompanyaltersthepriceofitsproducttocompetewithlocalcompaniesintheinternationalmarket,itisfocusingonthe________componentoftheproduct,accordingtotheProductComponentModel.
A)core
B)support
C)design
D)maintenance
E)packaging
68)ACanadiancomputercompanyhaddifficultieswhenitfirstenteredtheJapanesemarket.Someofitscomputerswerereturnedunusedaftercustomersfoundthewrappingontheinstructionmanualdamaged.ThoughthiswouldprobablybeaninsignificantprobleminCanada,itwascertainlyacauseofconcerninquality-consciousJapan.WhichcomponentoftheProductComponentModelshouldthecompanyconcentrateontofixthisproblem?
A)core
B)supportservices
C)packaging
D)functional
E)design
69)ABrazilianfoodcompanyhadtochangethelabelingonitsproductstomeetthespecificationsregardingvegetarianandnonvegetarianfoodssetbythegovernmentintheTaiwanmarket.ItalsohadtomentiontheingredientsinTaiwanesetoprovideclaritytolocalcustomers.Thecomponentoftheproductthatisaffectedisthe________component.
A)supportservices
B)packaging
C)functional
D)design
E)core
70)EugeneboughtanewwatchinJanuary,andbyMarchitstoppedkeepingtimeaccurately.Thewarrantywasstillvalid,sohesentitbacktothemanufacturerforrepair.AccordingtotheProductComponentModel,thisdemonstratesthe________componentoftheproduct.
A)core
B)supportservices
C)packaging
D)functional
E)styling
71)Sincetheconsumerisautomaticallyangrywiththemanufacturerwhensomethinggoeswrongwiththevehicle,repairandmaintenancehasbecomeaconcernofthevariousautomobilemanufacturers.InwhichcomponentoftheProductComponentModelwouldthemanagementneedtomakeimprovementsifproblemssuchasthisaretobesolved?
A)core
B)functional
C)packaging
D)supportservices
E)price
72)ASouthKoreanelectronicscompanyhadtoadddetailedinstructionsabouttherepairandreplacementofitsproducttomakeiteasierforthelocalconsumerstomaintainit.WhichelementoftheProductComponentModelrelatestothisissue?
A)supportservices
B)design
C)core
D)packaging
E)functional
73)ThewashingmachinesmarketedbyTalchofailedinAsianmarketsasthosecountrieslackedtheskillsnecessarytorepairandmaintainTalcho'sproducts.Also,thewashingmachinepartsavailableinlocalmarketswerenotcompatiblewiththesemachines.Thisproductfailureismostlikelytobearesultoflackofattentionbythecompanytothe________componentoftheproduct.
A)marketing
B)price
C)packaging
D)supportservices
E)style
74)Drycleaning,hairstyling,andhotelaccommodationshaveintrinsicvalueresultingfromaprocess,aperformance,oranoccurrencethatonlyexistswhileitisbeingcreated.Whichcharacteristicofservicesisbeingreferredtohere?
A)intangibility
B)separability
C)liquidity
D)homogeneity
E)durability
75)Becauseaserviceisindividuallyproducedandisvirtuallyunique,theserviceissaidtohave
A)liquidity.
B)coherence.
C)inseparability.
D)heterogeneity.
E)tangibility.
76)Dr.ThomasisadentistpracticinginChicago.Duringafour-daystretchinMarch,itsnowedsoheavilythatnotasinglepatientwasabletovisithim.Sincenoneoftheappointmentstookplace,hedidnotmakeanymoneyinthosefourdays,eventhoughhisnormalexpensesremained.Inthisscenario,whichcharacteristicofservicesmostlikelyaffectedDr.Thomas'business?
A)tangibility
B)feasibility
C)durability
D)homogeneity
E)perishability
77)Acharacteristicofaserviceisthatitis________,sinceitcannotbestoredandmustbeconsumedsimultaneouslywithitscreation.
A)durable
B)feasible
C)indelible
D)tangible
E)perishable
78)Levon,ahairstylistatasaloninPortland,styleshiscustomersinvariousways.Hisworklooksdifferentondifferentpeopleeventhoughhehasstyledallofthem.Thisuniquecharacterofaservicethatisuniqueforeverycustomerasitisindividuallyproducedisreferredtoas
A)tangibility.
B)separability.
C)durability.
D)heterogeneity.
E)divisibility.
79)WhatisthelargestservicesexportoftheUnitedStates,rankingbehindonlycapitalgoodsandindustrialsupplieswhenallexportsarecounted?
A)automobileservices
B)internationaltourism
C)bankingservices
D)researchanddevelopment
E)educationservices
80)Howdothevastmajorityofservicesenteraforeignmarket?
A)importingandexporting
B)smugglingandpirating
C)licensing,franchising,ordirectinvestment
D)throughbrokers
E)throughdiasporapopulation
81)Whichbarrierfacedbyconsumerservicemarketersisinforcewhenaforeignmarketappliesatariffontheservicethatisoperatingthere?
A)tradeprotectionism
B)lackoftransborderdataflowsrestrictions
C)protectionofintellectualproperty
D)religiousrequirementsforadaptation
E)languagetranslationbarriers
82)BlueLobsterconsideredopeningrestaurantsinChina.However,therestaurant'slaborunionfeltthatsinceacceptingtipsbywaitstaffisconsideredinbadtasteinChina,theywouldfaceconsiderableincomeloss.Therefore,theydemandedtoknowhowemployeeswouldbecompensatedforthissinceagreatportionofatypicalwaitstaffperson'scompensationcomesintheformoftips.Whichbarrierdoesaconsumerservicesmarketerfaceinthisillustration?
A)protectionism
B)controlsontransborderdataflows
C)protectionofintellectualproperty
D)culturalrequirementsforadaptation
E)languagetranslationbarriers
83)AninsurancefirmbasedinCaliforniahaddifficultyexpandingitsoperationstoAsianmarketsasmostofthetargetcountrieshadstrictregulationsonsharingdetailsabouttheircustomerswiththehomeoffice.ThecompanyhadtoobtainapprovalfromitscustomersbeforesharingtheirpersonalinformationwithitsU.S.office.Whichbarrierismostlikelytohaveaffectedtheservicesoftheinsurancefirm?
A)protectionism
B)controlontransborderdataflows
C)protectionofintellectualproperty
D)culturalrequirementsforadaptation
E)languagetranslationbarriers
84)Aname,term,sign,symbol,design,orcombinationusedworldwidetoidentifygoodsorservicesofonesellerandtodifferentiatethemfromthoseofcompetitorsiscalleda
A)copyright.
B)productmark.
C)globalbrand.
D)brand'sequityposition.
E)trademark.
85)AmanufactureroftoiletriesandcleaningproductsusesthenameHomeHelper,formostproductsintheirinternationalmarkets.Thenamehascreatedauniversalappealforitsproductsascustomersidentifytheirproductswiththename;hence,HomeHelpercanberegardedasa________brand.
A)retailer's
B)shelf
C)store
D)global
E)dual
86)The________effectreferstothepossibilitythattheplaceofmanufacturemayaffectproductorbrandimage.
A)doppler
B)polar
C)transfer
D)misinformation
E)country-of-origin
87)AshoemanufacturerinthePhilippinesshippeditsentireproductiontoSanFranciscoandthenbroughtitbacktothePhilippinestomarketitas"MadeintheU.S."ThemanufacturerbelievedthatpeoplewouldpreferbuyingproductsmadeintheU.S.ratherthanthosedomesticallyproduced.Thefactorthatisinfluencingtheperceptionofthecustomersinthegivenscenarioiscalledthe________effect.
A)doppler
B)comparativeadvantage
C)country-of-origin
D)mass
E)placebo
88)Consumershavebroadbutsomewhatvaguestereotypesaboutspecificcountriesandspecificproductcategoriesthattheyjudge"best."Whichitemwouldmostlikelynotfitinthe"best"stereotypescheme?
A)Englishtea
B)Indiancars
C)Frenchperfume
D)Chinesesilk
E)Jamaicanrum
89)InRussia,productsaredividedintotwocategories—"ours"and"imported."Thisisanexampleof
A)anautarky.
B)ethnocentrism.
C)theocentrism.
D)feudalism.
E)aclosedeconomy.
90)KrogergrocerystoresstockmanyfooditemsthataresoldunderthebrandnameSimpleTruth?,whichissoldexclusivelyinKrogerstores.Thisisanexampleofa________brand.
A)global
B)private
C)specialty
D)market.
E)retail
91)Howhastheincreasedpresenceofglobalcompetitionchangedbusinessstrategiesinthemarketplace?
92)Compareandcontrastthetwowaysconsumersdetermineaproduct'squality.
93)Inthecontextofproductadaptation,whatisproducthomologation?
94)Whatarethefivefactorsthatinfluenceproductadaptationinnewmarkets?
95)Whatisgreenmarketing?Howdoesitaffectproductdevelopment?
96)EverettRogersnotedthatfourcrucialelementsaffectthediffusionofnewideas.Whatarethoseelements?
97)Describethefivecharacteristicsofaninnovationthatassistindeterminingtherateofacceptanceorresistanceofthemarkettoaproduct.
98)Whatarethefourbarriersfacedbyconsumerservicesmarketerswhentheyentertheglobalmarket?
99)Definethetermglobalbrand.Howareglobalbrandsimportant?
Definecountry-of-origineffect.Howcanacompanyovercomethiseffect?
InternationalMarketing,18e(Cateora)
Chapter13ProductsandServicesforConsumers
1)Globalcompetitionhasputmorepowerinthehandsoftheseller.
Answer:FALSE
Explanation:Globalcompetitionhasshiftedthepowerinthemarketplacefromasellers'toacustomers'market,andthelatterhavemorechoicesbecausemorecompaniesarecompetingfortheirattention.Morecompetitionandmorechoicesputmorepowerinthehandsofthecustomer,andthatofcoursedrivestheneedforquality.
Difficulty:1Easy
Topic:HowResourcesandCapabilitiesInfluenceCompetitiveDynamics
LearningObjective:13-01Theimportanceofofferingaproductsuitablefortheintendedmarket.
Bloom's:Remember
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
2)Thecostandqualityoftheproductareamongthemostimportantcriteriabywhichpurchasesaremade.
Answer:TRUE
Explanation:Inmostglobalmarkets,thecostandqualityofaproductareamongthemostimportantcriteriabywhichpurchasesaremade.Forconsumerandindustrialproductsalike,thereasonoftengivenforpreferringonebrandoveranotherisbetterqualityatacompetitiveprice.
Difficulty:1Easy
Topic:FactorstoConsiderWhenDevelopingInternationalProductStrategies
LearningObjective:13-01Theimportanceofofferingaproductsuitablefortheintendedmarket.
Bloom's:Remember
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
3)Consumerperceptionsofaqualityproductoftenhavemoretodowithmarket-perceivedqualitythanperformancequality.
Answer:T
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