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Copyright?2020McGraw-HillEducation.Allrightsreserved.
NoreproductionordistributionwithoutthepriorwrittenonsentofMcGraw-HillEducation.
InternationalMarketing,18e(Cateora)
Chapter1TheScopeandChallengeofInternationalMarketing
1)Today,becominginternationalisaluxuryonlysomecompaniescanafford.
2)CompaniesfromtheNetherlandsaretheleadinggroupofinvestorsintheUnitedStates.
3)Internationalmarketinginvolvessellingofacompany'sgoodsandservicestoconsumersorusersinmorethanonenationforaprofit.
4)Themaindifferencebetweendomesticandinternationalmarketingliesinthedifferentconceptsofmarketing.
5)Aninternationalmarketermustdealwithatleasttwolevelsofuncontrollableuncertainty.
6)Thegeographyandinfrastructureofacountryareuncontrollablefactorsthatinfluencethebusinessdecisionsofacompanyinaninternationalmarket.
7)Theuncontrollablefactorsaffectinginternationalmarketingarelimitedtopoliticalforces,economicclimate,andcompetitivestructure.
8)Theleveloftechnologyinacountryisacontrollableelementforinternationalmarketers.
9)Theuncontrollablefactorsacompanyhastodealwithdecreasewiththenumberofforeignmarketsinwhichitoperates.
10)Thecontrollableelementsformarketerscanbealteredinthelongrunand,usually,intheshortruntoadjusttochangingmarketconditions,consumertastes,orcorporateobjectives.
11)Politicalandlegalforces,economicclimate,andcompetitionaresomeofthedomesticenvironment'scontrollablefactors.
12)Theforeignpoliciesofacountryareoneexampleofahome-countryelementthathasadirecteffectonafirm'sinternationalmarketingsuccess.
13)AbolitionofapartheidinSouthAfricaisanexampleofapositiveeffectonforeignpolicy,anuncontrollableelement,inaninternationalmarketingscenario.
14)CommercialcontractswithaChinesecompanycanonlybeenteredintoifthatcompanyisconsidereda"legalperson."
15)Theprocessofevaluatingtheuncontrollableelementsinaninternationalmarketingprogrammayinvolvecultural,political,andeconomicshock.
16)Leveloftechnologytypicallyremainsunchangedacrosscountries,makingitafairlycontrollablefactorininternationalmarketing.
17)Politicalandlegalissuesacompanymayfaceabroadaremitigatedbythe"alienstatus"ofthecompany.
18)Thepoliticaldetailsandtheramificationsofpoliticalandlegaleventsareoftenmoretransparentinadomesticsituationthantheyareinaforeignmarket.
19)Thepolitical/legalenvironmentisacontrollableelementforinternationalmarketersbecauseoftheirpotentabilitytolobbyandinfluencelegislationinforeignmarkets.
20)Theuncontrollableelementsoftheforeignbusinessenvironmentincludetheculture.
21)Aforeigncompanyisalwayssubjecttothepoliticalwhimsofthelocalgovernmenttoagreaterdegreethanadomesticfirm.
22)JohnrefusestobuyJapaneseproductsbecauseheconsidersthisasawayofsellingouttoanationthatwasonceourenemy.Johnisusingaself-referencecriteriontomakehisdecision.
23)Theself-referencecriterioniscloselyrelatedtocollectivism—ortheimportanceofthegroup.
24)Renatajustatecookiesand,therefore,feelsjustifiedinrefusingfoodofferedbyherMiddleEasternhost.Inthisinstance,Renata'sself-referencecriterionhasjustsavedherfrommakingaculturalblunder.
25)Toavoiderrorsinbusinessdecisions,itisnecessarytoconductacross-culturalanalysisthatemphasizestheneedforethnocentrism.
26)Familyreferenceandupbringingprovidesacompletebasisforunderstandingone'scultureandnoadditionalstudyisrequiredtobecomeawareofculturalnormsandactivities.
27)Themosteffectiveapproachtobuildglobalawarenessintoanorganizationistoincreasethediversitymixoftheemployeeprofileforentry-leveljobs.
28)Traditionalmanufacturingcompaniespossessthemostfavorablefactorsfordoingbusinessinternationally.
29)Acompanyinthe"nodirectforeignmarketing"stageofinternationalmarketinginvolvementdoesnotactivelycultivatecustomersoutsidenationalboundaries.
30)Theglobalmarketingconceptviewsthemarketplaceasconsistingofoneprimarydomesticmarketthatiscomplimentedbyseveralsmallerregionalmarkets.
31)Whatisoneofthemostdynamictrendsthatisaffectingcurrentglobalbusinessstrategies?
A)thetrendtowardbuyingAmericancarsinEurope
B)thetrendtowardtheacceptanceofthefreemarketsystemamongdevelopingcountries
C)thetrendtowardusingEnglishasthegloballanguage
D)thetrendtowardestablishingaworldcurrency
E)thetrendtowardprovidingaidtodevelopingandlessdevelopednations
32)WhateventspurredthefinaldownfalloftheU.S.economyin2008whenworldtradeexperienceditsdeepestdeclineinmorethan50years?
A)Thestockmarketendedatarecordhigh.
B)TheU.S.andCubajoinedforces.
C)TheSenateandHousefailedtocompromiseoninterestrates.
D)Thehousingmarketcollapsed.
E)Thevoterselectedathird-partycandidate.
33)HowhasglobalizationimpacteddomesticmarketsintheUnitedStates?
A)Companieswithonlydomesticmarketshavebeenabletosustaintheircustomaryratesofgrowth.
B)Multinationalcompaniesaremakingmoreprofitsfromtheirdomesticoperationscomparedtotheirearningsfromtheforeignmarkets.
C)OnlymultinationalcompanieswithlargeproductionfacilitieshaveoutperformedtheirstrictlydomesticU.S.counterparts.
D)ThedomesticcompanieshavereducedtheirmanufacturingemploymentmorethanU.S.multinationals.
E)Multinationalmanufacturingcompaniesinallindustriesandsizeshaveoutperformedtheirdomesticcounterparts.
34)Whatisanessentialrequirementforexperienced,aswellasnew,firmstosucceedininternationalmarkets?
A)adheringstrictlytotheirtraditionalmethodsofproductionandoperations
B)focusingprimarilyontheirproductiontoexclusivelymeetdomesticdemand
C)venturingintomultiplemarketsbyinvestinginallofthematonce
D)committingthemselvescompletelytoforeignmarkets
E)havingbeneficialrelationswithlobbyistsofforeignmarkets
35)Jason'sdepartmentisresponsibleforthebusinessactivitiesdesignedtoplan,price,promote,anddirecttheflowofhiscompany'ssmallapplianceproductstoconsumersinvariousnationsaroundtheworldforaprofit.Whatishisdepartmentinchargeof?
A)internalmarketing
B)importing
C)performanceappraisal
D)internationalmarketing
E)domestictrade
36)Whatisconsideredthemostcriticaldifferencebetweendomesticmarketingandinternationalmarketing?
A)thedifferenceinmarketingprinciplesbeingfollowed
B)thedifferentconceptsofmarketing
C)thedifferenceinmarketingtheoriesbeingfollowed
D)theenvironmentinwhichmarketingplansmustbeimplemented
E)thebasicprocessesusedtomarketproductsandservices
37)Marketersmustbeespeciallycognizantof________forbothdomesticandinternationalmarketsbecauseofthedominantlyuncontrollablenatureofthisfactor.
A)price
B)promotion
C)researchactivities
D)political/legalforces
E)channelsofdistribution
38)________isacontrollableelementforaninternationalmarketer.
A)Leveloftechnology
B)Geographyandinfrastructure
C)Channels-of-distribution
D)Culturalforces
E)Competitiveforces
39)Whatisanuncontrollableelementforaninternationalmarketer?
A)firmcharacteristics
B)channels-of-distribution
C)price
D)research
E)leveloftechnology
40)Foraninternationalmarketer,the________canbealteredinthelongrunand,usually,intheshortruntoadjusttochangingmarketconditions,consumertastes,orcorporateobjectives.
A)competitivestructure
B)economicclimate
C)structureofdistribution
D)environmentalfactors
E)controllableelements
41)IanworksforasportsequipmentmanufacturerinBostonandisresponsibleforshippingproductsacrosstheUnitedStates.WhatisonefactorthatwouldbeuncontrollableforIan?
A)firmcharacteristics
B)competitivestructure
C)channelsofdistribution
D)priceoftheproduct
E)promotionalmeasures
42)Whichpoliticalactionismostlikelytofavorinternationalmarketing?
A)placingtradeembargoesonCubaowingtowidespreadpoliticalinstabilityinthecountry
B)theU.S.governmentplacingatradebanonLibyaowingtorampantterrorism
C)SouthAfricaabolishingapartheidandtheU.S.liftingtheembargo
D)tariffhikeforimportsestablishedbyChina
E)theU.S.governmentcouplinghumanrightsissueswithforeigntradepolicy
43)Whatisanaccuratedescriptionoftherelationshipbetweeninternationalbusinessanddomesticbusiness?
A)Thedomesticeconomicclimatehasnoeffectonacompany'scompetitivepositioninforeignmarkets.
B)Domesticbusinessesmustfocusoncapitalmobilitytowardinternationalbusinessesbeforecapitalgeneration.
C)Countriesmustnotrestrictforeigninvestmentevenifdomesticeconomicconditionsdeteriorate.
D)Theabilitytoinvestabroadistoalargeextentafunctionofdomesticeconomicvitality.
E)Domesticbusinessesaremoreviablethaninternationalbusinessesascapitaltendstomovetowardminimumuse.
44)Howcan"alienstatus"unfavorablyaffectacompany?
A)prejudicedtreatmentbythehostcountry'spoliticiansandlegalauthorities
B)aninflatedbalanceoftrade
C)asharpriseindomesticandinternationaldemand
D)lowertradetariffsinthehostcountry
E)aneconomicsituationofthemagnitudeoftheGreatDepression
45)Withrespecttotheenvironmentinwhichabusinessoperates,factorssuchascompetition,politicalandlegalforces,andeconomicclimatewouldallbeclassifiedas
A)controllableelements.
B)uncontrollableelements.
C)tractableelements.
D)demographicelements.
E)culturalelements.
46)________isacontrollableelementinbothdomesticandinternationalmarketingenvironments.
A)Economicclimate
B)Competitionwithinthehomecountry
C)Priceofproducts
D)Politicalforce
E)Foreignpolicy
47)Themarketingtasksofaninternationalmarketerdifferfromthatofadomesticmarketerasthe
A)internationalmarketerhasfeweruncontrollableelementstodealthanadomesticmarketer.
B)leveloftechnologyandculturalforcesarecontrollableelementsfortheinternationalmarketer.
C)structureofdistributionisanuncontrollableelementfortheinternationalmarketer.
D)competitivestructureisoneofthecontrollablefactorsforaninternationalmarketer.
E)internationalmarketerislessconcernedaboutgeographyandinfrastructurethanthedomesticmarketer.
48)KellyReevesisinchargeofanewmarketingeffortdirectedtowardPeru.InorderforhercompanytomarketeffectivelyanddistributetoallofPeru'smajorcities,KellymustdevisealogisticsplanforcrossingtheAndesMountainsonadailybasis.WhichoftheseforeignenvironmentuncontrollablevariableswouldbeachiefconcernasKellydevisesherfirm'slogisticsplan?
A)price
B)product
C)geographyandinfrastructure
D)promotionalstrategies
E)channelsofdistribution
49)Comparedtotheforeignenvironmentvariables,whichofthefollowinguncontrollablevariablesisleastlikelytoaffectadomesticmarketer?
A)politicalforces
B)competitivestructure
C)economicclimate
D)culturalforces
E)legalforces
50)AngelicaWuispreparingamarketingplanforhercompanyfortheupcomingyear'sbusinessactivities.Sheknowsthatsheshouldbeginherplanbyexaminingthevariablesshehassomecontrolover.Thesecontrollablevariableswouldincludeprice,product,channels-of-distribution,and
A)leveloftechnology.
B)politicalforces.
C)competition.
D)economicclimate.
E)promotion.
51)M&GInc.,acompanyproducingmusicalinstruments,haddominateditshomemarketforseveralyearsbeforeventuringintointernationalmarkets.ThecompanywasfocusingmoreoninternationaloperationsuntilBeigeN,aGermancompanyinthesamebusiness,entereditshomemarket.BeigeNstartedsellinggoodqualityproductsatpricesmuchlowerthanM&G'sandaffecteditssalesadversely.WhichofthefollowingelementsinthemarketingenvironmenthasaffectedthebusinessofM&GInc.withthemarketentryofBeigeN?
A)leveloftechnology
B)structureofdistribution
C)competitioninthedomesticmarket
D)culturalforces
E)promotionoftheproduct
52)ShondraMcDonald,amarketingmanageratahearingaidmanufacturingfirm,isaskedtoreviewthemarketingopportunitiesofhercompanyinaforeignmarket.Sheisawarethatshecanmodifycertainelementsofthemarketingenvironmenttosuittheforeignmarketneeds.Shefocusesherattentionontheuncontrollablefactorsthatmightaffectthefirm'sbusinessprospects.Whichofthefollowinguncontrollableelementsismostlikelytoaffectthecompany'sbusinessprospectsintheforeignmarket?
A)pricingpoliciesinthedomesticmarket
B)researchmethodologiesusedbyhercompany
C)promotionalactivitiesrequiredtomarkettheproduct
D)leveloftechnologyinthetargetedmarket
E)productdistributionchannelsadoptedbyhiscompany
53)Theuncontrollableissueof________facedbyacompanyabroadisoftenamplifiedbythe"alienstatus"ofthecompany,whichincreasesthedifficultyofproperlyassessingandforecastingthedynamicinternationalbusinessclimate.
A)research
B)channelofdistribution
C)productspecification
D)politics
E)productpromotion
54)Whichscenariobestillustratesthepoliticalandlegalissuesfacedbycompaniesbecauseoftheir"alienstatus"whentheyattempttodobusinessinforeigncountries?
A)acompanydoingmoderatebusinessininternationalmarketsbecauseofviolenthistoryofitshomecountry
B)acompanybeingforcedbythelocalgovernmenttoshareitscorecompetenciesinordertocontinuedoingbusiness
C)aproductnotbeingwidelyacceptedintheforeignmarketbecauseofitsirrelevancetothecustomers
D)acompanyutilizinganidenticalpromotionalcampaignitusedinthedomesticcountry
E)acompanynotsucceedinginaforeignmarketbecauseitsproductpricingisabovethepurchasingpowerofthelocalcustomers
55)Adaptationonthepartofaninternationalmarketerisbestdescribedas
A)aconsciousefforttomakethemselvesawareofthehomeculturalreferenceintheiranalysesanddecisionmaking.
B)aconsciousefforttoanticipatetheinfluencesofboththeforeignanddomesticuncontrollablefactorsonamarketingmixandthentoadjustthemarketingmixtominimizetheeffects.
C)thenotionthatpeopleinone'sowncompanyorcountryknowbesthowtodothings.
D)theprocessofidentifyingthesimilaritiesthatexistsbetweenthedomesticandforeignmarkets.
E)anunconsciousreferencetoone'sownculturalvalues,experiences,andknowledgeasabasisfordecisionsandthentoadjustthemarketingmixinordertocloselyreflectthesedecisions.
56)Anaturaloffshootofaperson'sself-referencecriterionis________thatalsocreatesaconcernfortheinternationalmarketer.
A)sympathy
B)self-actualization
C)ethnocentrism
D)empathy
E)collectivism
57)________isanunconsciousreferencetoone'sownculturalvalues,experiences,andknowledgeasabasisfordecisions.
A)Xenocentrism
B)Holism
C)Self-referencecriterion
D)Segregation
E)Orientalism
58)Peopleseldomstoptothinkaboutareaction;theysimplyreact.Thus,whenfacedwithaprobleminanotherculture,theirtendencyistoreactinstinctivelyandrefertotheir________forasolution.
A)self-spaceprinciple
B)segregationprinciple
C)integrationcriterion
D)spacecommandcriterion
E)self-referencecriterion
59)Parulbelievesthathercultureandcountryknowhowtodothingsbestandshelooksdownontheculturalhabitsofothercountries.WhatisParulexhibiting?
A)differentiation
B)marketingmyopia
C)ethnocentrism
D)multiculturalism
E)pluralism
60)Whatcharacteristicwouldimpedetheabilityofapersontoassessaforeignmarketinitstruelight?
A)polycentrism
B)pluralism
C)xenocentrism
D)ethnocentrism
E)relativism
61)Brett,whoisfromOhio,hastakenajobinThailand.Lastweek,hewasconfrontedwithapersonnelissueandresolveditbysayingthat"IntheU.S.,youwouldbegivenonewarningandthenfiredforthistypeofbehavior."BrettdidnottakeintoaccountthatcompanystandardsmightdifferinThailandandtheemployeewasactingappropriately.Whichobstacletointernationalmarketingdoesthisdemonstrate?
A)collectivism
B)self-referencecriterion
C)tragedyofthecommons
D)individualism
E)marketingmyopia
62)Themosteffectivewaytocontroltheinfluenceofethnocentrismandtheself-referencecriterionisto
A)reduceinteractionwithaculturallydiverseaudience.
B)designproductsandservicesinatraditionalmanner.
C)recognizetheireffectsonourbehavior.
D)learnatleasttwoforeignlanguagestounderstandtheculturaldifferences.
E)establishbeneficialrelationswiththehostcountry'sgovernment.
63)Toavoiderrorsinbusinessdecisions,itisnecessarytoconductacross-culturalanalysisthatisolatestheself-referencecriterion(SRC)influences.Whatisthefirststepinthisanalysis?
A)redefiningtheproblemwithouttheSRCinfluence
B)solvingtheproblemfortheoptimumbusinessgoalsituation
C)isolatingtheSRCinfluenceintheproblem
D)definingthebusinessproblemorgoalinhome-countryculturaltraits,habits,ornorms
E)examiningtheisolatedSRCinfluencetoseehowitcomplicatestheproblem
64)Whydoesunderstandingone'sownculturerequireadditionalstudy?
A)tofindoutwhyculturaltraitsinone'sowncountrydoesnotaffectmarketbehavior
B)becausemuchoftheculturalinfluenceonmarketbehaviorisatthesubconsciouslevel
C)sincewithoutwhich,understandingtheculturaltraitsofone'sowncountryisimpossible
D)becauseanaveragemanagermusthaveextensiveculturalknowledgeofallcountriesintheworld
E)becauseculturalinfluenceonone'sownmarketbehaviorisgenerallyminimal
65)Agloballyawaremanagerischaracterizedby
A)usingone'shomeculture'svaluesalonetomarketone'sproductsinforeigncountries
B)acceptingtheculturalwaysofanotherindividualashisorherown
C)toleratingculturaldifferencesandallowingotherstobedifferentandequal
D)discardingone'shomeculture'sstandardstoadopttheglobalculturalstandards
E)controllinganyinfluencesthattheglobalculturalstandardsmayhaveonthemarketingprocess
66)Tomasisamanageratafrozenfoodcompanyandwantstounderstandthewaypeopleindifferentcountriesthinkandactsothatthecompanycanrespondtotheirneedsappropriately.Whatisthebestaidhecanusetoaccomplishthis?
A)asoundfinancialbackground
B)betterpoliticalconnections
C)anunderstandingofforeigninvestmentopportunities
D)anunderstandingofmacroeconomics
E)knowledgeoftheforeigncountry'shistory
67)Whatisthemosteffectivewaytoachieveorganizationalglobalawareness?
A)hiringentry-levelemployeesbasedonthesolecriterionofglobalawareness
B)organizingfrequentemployeetripstoforeignculturestoincreasetheirsensitivity
C)increasingthediversitymixofthefront-levelemployeeprofile
D)havingaculturallydiverseseniorexecutivestafforboardofdirectors
E)promotingsocialnetworkingasameanstoimproveinter-culturalcommunication
68)Whichfirmseemsbetterequippedforinternationalization?
A)afirmthatsellsitsproductsonlytothoseforeigncustomerswhodirectlycontactthefirm
B)afirmthathasaproductioncapacitythatislargerthanhomemarketdemand
C)afirmthatfocusesitsproductionactivitiesonmeetingthedemandsinthehomemarket
D)afirmthathasaculturallydiverseemployeeprofilebutfewcompetitiveofferingsatthegloballevel
E)afirmthathaslittleintentionofmaintainingacontinuousmarketrepresentation
69)Whichfirmhasabetterchanceofacceleratingtheinternationalizationprocess?
A)Box-Cohaskeymanagerswell-networkedinternationally.
B)IronworksInternationalusesmoretraditionalmanufacturingpractices.
C)PianoPlusprimarilyfocusesallitsoperationsandproductioncapacitiestomeetthedomesticmarketneeds.
D)AnimalAwarenessandActionrefrainsfromusingtheInternetasitsmajorcommunicationplatform.
E)KenilworthKartshaslargerhomemarketsandsmallerproductioncapacities.
70)Whenconsideringthestagesofinternationalmarketinginvolvement,itisimportanttorememberthat
A)afirmessentiallyprogressesthroughthestagesinalinearorder.
B)theinternationalmarketingstageisadirectresultoftemporarysurplusescausedbyvariationsinproductionlevelsordemand.
C)alargerhomemarketwithasmallerproductionbasefavorsinternationalization.
D)afirmmaybeinmorethanonestagesimultaneously.
E)attheglobalmarketinglevel,afirmfocusesonmarketsegmentationbasedongeographicalborders.
71)Inthecontextofstagesofinternationalmarketinginvolvement,acompany'sproductreachesaforeignmarketwithoutanyconsciouseffortonthepartofamarketerduringwhichstageoftheprocess?
A)infrequentforeignmarketingstage
B)regularforeignmarketingstage
C)nodirectforeignmarketingstage
D)internationalmarketingstage
E)globalmarketingstage
72)Watson's,afirmthatspecializesindogfoodandgroomingproducts,hasaverywell-establisheddomesticmarket.ThecompanydoesnotactivelysellitsproductsoutsidenationalbordersbutprovidesgoodstocustomerswhocontactthemdirectlyorplaceorderswiththemthroughtheInternet.Watson'siscurrentlyinthe________stageofinternationalmarketinginvolvement.
A)frequentforeignmarketing
B)activeforeignmarketing
C)globalmarketing
D)regularforeignmarketing
E)nodirectforeignmarketing
73)WhileHeidi'scompanydoesnottypicallysellinternationally,theyhaveatemporarysurplusinthesmallappliancestheymanufactureanddecidetopromotetheminothercountries.Whichstageofinternationalmarketinginvolvementdoesthisrepresent?
A)infrequentforeignmarketingstage
B)regularforeignmarketingstage
C)nodirectforeignmarketingstage
D)internationalmarketingstage
E)globalmarketingstage
74)Natasha'scompanyseeksmarketsallovertheworldandattemptstosellproductsthatarearesultofplannedproductionformarketsinvariouscountries.WhichstagebestcharacterizesthestageofinternationalmarketinginvolvementforNatasha'scompany?
A)infrequentforeignmarketing
B)domesticmarketing
C)nodirectforeignmarketing
D)internationalmarketing
E)internalmarketing
75)Marta'scompanytreatstheworld,includingthehomemarketinSpain,asonemarket.Marketsegmentationdecisionsnolongerfocusonnationalborders.Instead,marketsegmentsaredefinedbyincomelevels,usagepatterns,andotherfactorsthatspancountriesandregions.WhichofthefollowingstagesbestcharacterizesthestageofinternationalmarketinginvolvementforMarta'scompany?
A)infrequentforeignmarketing
B)testmarketing
C)nodirectforeignmarketing
D)internalmarketing
E)globalmarketing
76)KentaxCorporationmakesindustrialcleaningproductsanddecidestoentertheinternationalmarketingarenabymarketingitsproductstoChina,Japan,andSouthKorea,withseparatemarketingstrategiesforeachcountry.WhichofthefollowingapproachesismostlikelyusedbyKentaxCorporationtoformulateitsinternationalpoliciesandstrategies?
A)domesticmarketextension
B)multidomesticmarket
C)massmarketing
D)regionalmarketing
E)standardizedmarketing
77)Whatfactorisfavorablewhendeterminingwhetherornotacompanyshouldconsiderinternationalizationefforts?
A)Acompanycurrentlyhaslargehomemarketsbutsmallerproductioncapacities.
B)Acompanyhashomecountrymanagerswhohaveneverworkedoutsideofthehomecountry.
C)Acompanywantstopairwithanexistinginternationalcompanytoaccesstechnology.
D)Acompanyhasminimalstorageandtransportationcapabilities.
E)Acompanyhashigh-technologyresourcesalreadyinplace.
78)Whatistrueoffirmsinthefirsttwostagesofinternationalmarketinginvolvement—nodirectforeignmarketingandinfrequentforeignmarketing?
A)Theydonotbegininternationalizationatthesestages.
B)Theytakeastrategicapproachtodecisionmakingregardinginternationalexpansion.
C)Theyaremorereactiveinnatureandembarkoninternationalizationwithoutplanning.
D)Theyintendtomaintainacontinuousmarketrepresentationinforeignmarkets.
E)Theyarearesultofdedicatedproductioncapacitymaintainedforforeignmarkets.
79)Inwhatstageofinternationalmarketinginvolvementdocompaniesprimarilyfocusalltheiroperationsandproductiontoservicedomesticmarketneeds,eventhoughtheyhaveapermanentproductivecapacitydevotedtotheproductionofgoodstobemarketedinforeignmarkets?
A)nodirectforeignmarketing
B)internalmarketing
C)regularforeignmarketing
D)internationalmarketing
E)financialmarketing
80)Intheinfrequentforeignmarketingstageofinternationalmarketinginvolvement,firms
A)sellproductsthatarearesultofplannedproductioninmarketsinvariouscountries.
B)nolongermakemarketsegmentationdecisionsonthebasisofnationalborders.
C)haveaglobalperspectiveandviewtheentireworldasonemarket.
D)havemorethanhalftheirsalesrevenuescomingfrominternationalmarkets.
E)havenointentionofmaintainingcontinuousmarketrepresentationinforeignmarkets.
81)Afirmthatisinvolvedwiththeinternationalmarketingstageofmarketinginvolvementwill
A)haveitsprimaryfocusofoperationsandproductiononservicingdomesticmarketneeds.
B)reduceforeignsalesactivity.
C)considerprofitexpectationsfromforeignmarketsasabonusinadditiontoregulardomesticprofits.
D)planbothmarketingandproductionofgoodsoutsidethehomemarket.
E)considerinternationalmarketingonlywhenthereisasurplusofgoods.
82)Whatisthemostprofoundchangeforfirmsattheglobalmarketingstageofinternationalization?
A)Morethanhalfofthemultinationalfirm'srevenueisgeneratedfromdomesticmarkets.
B)Salestoforeignmarketsaremadeasandwhengoodsbecomeavailable.
C)Temporarysurplusesmarketedinforeignmarketsistheonlyelementofinternationalization.
D)Companiestreattheworld,alongwithhomemarket,asonemarket.
E)Domesticdemandalwaysexceedsthefirm'sproductioncapacity.
83)
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