πŸ“Š International Marketing
Q. The ability to match the acceptable behaviour, norms, and values is called a product's:
  • (A) Relative advantage
  • (B) Compatibility
  • (C) Complexity
  • (D) Trial-ability
πŸ’¬ Discuss
βœ… Correct Answer: (B) Compatibility
πŸ“Š International Marketing
Q. The __________ measures customers' satisfaction and perceptions of quality of a representative sample of U.S goods and services.
  • (A) ISO 9000
  • (B) MIS
  • (C) ACSI
  • (D) API
πŸ’¬ Discuss
βœ… Correct Answer: (C) ACSI
πŸ“Š International Marketing
Q. ISO 9000 concerns the registration and certification of a manufacturer's ___________.
  • (A) Goods
  • (B) Services
  • (C) Quality systems
  • (D) MIS
πŸ’¬ Discuss
βœ… Correct Answer: (C) Quality systems
πŸ“Š International Marketing
Q. The concept of quality encompasses many factors, and the perception of quality rests solely with the _____________.
  • (A) Price
  • (B) Value
  • (C) Sellers
  • (D) Customer
πŸ’¬ Discuss
βœ… Correct Answer: (D) Customer
πŸ“Š International Marketing
Q. For managers selling capital equipment and big-ticket industrial services, understanding the concept of ________ demand is absolutely fundamental to their sucess.
  • (A) Kinked
  • (B) Sliding
  • (C) Multiple
  • (D) Derived
πŸ’¬ Discuss
βœ… Correct Answer: (D) Derived
πŸ“Š International Marketing
Q. An unconscious reference to one’s own culterual values, experiences, and knowledge as a basis for decisions.
  • (A) Self-Reference Criterion
  • (B) Pro Globalist
  • (C) Tolerance Effect
  • (D) Culture
πŸ’¬ Discuss
βœ… Correct Answer: (A) Self-Reference Criterion
πŸ“Š International Marketing
Q. ______________ are a partnership of two or more companies that join forces to create a separate legal entity.
  • (A) International Joint Ventures
  • (B) International Consortia
  • (C) Mergers and Acquisitions
  • (D) Co-Branding
πŸ’¬ Discuss
βœ… Correct Answer: (A) International Joint Ventures
πŸ“Š International Marketing
Q. Which of the following alternative market entry modes offers the most control and risk?
  • (A) Franchising
  • (B) Licensing
  • (C) Greenfield
  • (D) Strategic Alliance
πŸ’¬ Discuss
βœ… Correct Answer: (C) Greenfield
πŸ“Š International Marketing
Q. Which of the following alternative market entry modes offers the least risk?
  • (A) Consortia
  • (B) Strategic International Alliance
  • (C) Contract Manufacturing
  • (D) Mergers and Acquisitions
πŸ’¬ Discuss
βœ… Correct Answer: (C) Contract Manufacturing