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International Marketing

Marketing of products or services outside of your brand's domestic audience by expanding foreign territories, brands are able to increase their brand awareness.

scope

arvin

accountancy

business administration

market

trade

shipping

online ads

online shopping

e-wallet

journal

analysis

agency

approaches

association

marketing plans

business plan

blunders

branding

This can be defined in terms of profit and volume

  • Goals
  • Objectives
  • Vision
  • Mission

This bases of segmentation, it calls for dividing the market into different geographical units such as nations, states, regions, provinces, cities or neighborhoods.

  • Demographic Segmentation
  • Psychographic Segmentation
  • Geographic Segmentation
  • Segmentation

This process occurs the customer accepted the product for continuing use after satisfactory experience during trial.

  • Knowledge
  • Adoption
  • Awareness
  • Evaluation

This means communication with the customer.

  • Product Mix
  • Promotional Mix
  • Marketing Mix
  • Pricing Mix

This refers to the marketing management activity that involves handling the different streams employed by a company to sell its products or services.

  • Channel Objectives
  • Marketing Intermediaries
  • Alternative Channels
  • Chain Management

In this factor, high-market-share brands usually require less advertising expenditures as a percentage of sales to maintain their share. To build share by increasing market size requires larger advertising expenditures.

  • Market share and consumer base
  • Advertising Frequency
  • Stage in the product life-cycle
  • Competition and clutter

In this stage, the company expands in international market, to serve new types of customers or new geographical areas, it needs to strengthen certain marketing functions other than sales.

  • Sales Department
  • Separate Marketing Department
  • Modern Marketing Department
  • Simple Sales Department

This refers to a chain of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end consumer.

  • Joint Venture
  • Corporation
  • Partnership
  • Join Force

Manufacturers who decide to brand their products must choose which brand names to use, these strategies are available except one.

  • Separate family names
  • Individual brand names
  • A company’s location name
  • A blanket family name

In this step, the company can select the most appropriate target market for the firm.

  • Create segments profiles
  • Select target market
  • Create market segments
  • Evaluate the proposed market segments for viability

This refers to the financial side of international trade.

  • Exchange Rate
  • World Bank
  • Control Tax
  • International Payment System

This occurs when a single firm uses two or more marketing channels to reach one or more customer segments.

  • Multichannel marketing systems
  • Horizontal Marketing System
  • Vertical Marketing Systems
  • Wholesaler-sponsored system

In this factor, the number of repetitions needed to put across the brand’s message to consumer also determines the advertising budget

  • Competition and clutter
  • Market share and consumer base
  • Stage in the product life-cycle
  • Advertising Frequency

This means the objective statement would emphasize the satisfaction of a customer need.

  • Physical Term
  • Subjective Term
  • Objective Term
  • Layman’s Term

This refers to the time necessary to prepare the program prior to launching.

  • Selling Time
  • Advertising Time
  • Lead Time
  • Promo Time

This level of segmentation required the products tailored according to the needs and wants of local customer groups

  • Segment Marketing
  • Mass Marketing
  • Niche Marketing
  • Local Marketing

This involves a variety of programs designed to promote and protect a company’s image or its individual products.

  • Public Relation
  • Selling Promotion
  • Foreign Relation
  • Advertising

Changing of channels according to time is called what?

  • Channel Chain
  • Channel Management
  • Channel Design
  • Channel Dynamics

What is the fifth levels of a product?

  • Basic Product
  • Potential Product
  • Augmented Product
  • Extended Product

In this step, the company must next search for the most cost-effective media vehicle within each media type.

  • Communication-Effect Research
  • Selecting specific media vehicle
  • Evaluating advertising effectiveness
  • Deciding on media timing

This is affected by such factors as differences in costs, demand conditions, competition and government laws. The impact of these factors on pricing is figured in by following particular pricing orientation.

  • Strategic Planning
  • Commercial Planning
  • Objective Planning
  • International Planning

This refers to the link between producers and customers. Basically, an international marketer distributes either directly or indirectly.

  • Broker
  • Distribution Channel
  • Supply chain
  • Sales Force

In this step, the product message should be decided as part of developing the product concept as it expresses the major benefit that the brand offers. Yet even within this concept, there may be latitude for several possible messages. And overtime, the marketer might want to change the message without even changing the product, especially if consumers are seeking new or different benefits from the product.

  • Message Generation
  • Social Responsibility Review
  • Message Execution
  • Message Evaluation and Selection

This market segment consists of a large identifiable group within a market. An international company that practices it recognizes that buyers differ in their wants, purchasing power, geographical locations, buying attitudes and buying habits.

  • Local Marketing
  • Niche Marketing
  • Segment Marketing
  • Mass marketing

What is the third phase of international marketing research?

  • Information for global rationalization
  • Information for local rationalization
  • Information for International market entry
  • Information for local market

This is considered as a special selling effort to accelerate sales

  • Sales promotion
  • Foreign Trends
  • Public Relations
  • Sales Buying

In this stage, small companies typically appoint a sales manager, who manages a sales force and also does some selling. When the company needs marketing research or advertising, the marketing manager hires help from the outside.

  • Simple Sales Department
  • Separate Marketing Department
  • Sales Department
  • Modern Marketing Department

This refers to the international marketing challenges in where the company or firm doing business with different countries have to follow rules, regulations, trade laws, taxation laws and local contractual obligation.

  • Competitive Environment
  • Political and Legal Environment
  • Cultural Environment

To successfully compete globally, rather than simply operate domestically companies should emphasize global configuration of marketing activities in where_________________

  • it answers the question how global marketing activities performed in different countries
  • the question how marketing activities should be linked with other activities of the firm
  • activities such as new product development, advertising, sales promotion, channel selection, marketing research and other functions should be performed.

In this step, the company required to describes the segments.

  • Create market segments
  • Define the market
  • Construct Segment Profiles
  • Evaluate the attractiveness of each segment

This refers to a set of attributes and conditions that buyers normally expect and agree to when they purchase this product.

  • Expected Product
  • Selling Product
  • Basic Product
  • Augmented Product

According to this concept, many products go through a trade cycle wherein one nation is initially an exporter, then loses its export markets, and finally may become an importer of the product.

  • Maturity stage Cycle
  • Product-Life Cycle
  • Marketing Cycle
  • Introduction Stage Cycle

This is also defined as any paid form of non-personal presentation and promotion of ideas, goods or services by an identified sponsor.

  • Advertising
  • Pricing
  • Communication
  • Involvement

This is said to be a more serious restriction than a tariff because the firm has less flexibility in responding to it.

  • Export Tariff
  • Import Quota
  • Export Quota
  • Import Tariff

This coordinates successive stages of production and distribution through the size and power of one of the parties.

  • Contractual Vertical Marketing System
  • Vertical Marketing Systems
  • Administered Vertical Marketing system
  • Corporate Vertical Marketing System

This company’s overseas involvement category High decentralized organization operating across a broad range of countries.

  • Regional Exporter
  • International
  • Global
  • International to Global

This may result in the identification of opportunities for global products and brands and integrating and coordinating strategy across national boundaries to exploit potential synergies of operating on an international scale. Such opportunities should, however, be weighed against the benefits of adaption to customer characteristics.

  • International Marketing Strategy
  • International Innovative Solution
  • International Global Trade
  • International Marketing Planning

This control implies a critical review of overall marketing effectiveness in relation to broad and long-term objectives and firm’s response to marketing environment.

  • Profitability Control
  • Efficiency Control
  • Annual-Plan Control
  • Strategic-Plan Control

This is said to be needed to assess opportunities and risks in different countries throughout the world and to plan international market entry and mode of operation.

  • Competition
  • Price
  • Information
  • Customers

There are how many product design strategies?

  • 3
  • 5
  • 2
  • 4

In this step, the message’s impact depends not only upon what is said but also on how it is said. Once a company has decided on a marketing strategy, they must turn their idea into a compelling advertisement that will break through the advertising clutter and grab the attention of their target customers.

  • Social Responsibility Review
  • Message Evaluation and Selection
  • Message Execution
  • Message Generation

This refers to the discretion that the company has, or wants to have, in seeing the goods through to the customers.

  • Channel
  • Cost
  • Coverage
  • Control

This refers to the international marketing challenges in where the company or firm doing business with different countries have to follow rules, regulations, trade laws, taxation laws and local contractual obligation

  • Political and Legal Environment
  • Competitive Environment
  • Cultural Environment

The tariffs, quotas, exchange control and administrative regulation are what of the commercial policy?

  • Advertising agents
  • Commercial Tools
  • Principal Tools
  • Regulations

This refers to the amount of money or cost the buyer is willing to pay in exchange for receiving them.

  • Amount
  • Cash
  • Total
  • Price

This control, particularly, concerns with measuring spending efficiency. The ways to improve efficiency of various marketing entities like sales force, advertising, distribution, sales promotion and so forth.

  • Efficiency Control
  • Strategic-Plan Control
  • Annual-Plan Control
  • Profitability Control

This comprises the producer, wholesalers and retailers acting as a unified system.

  • Multichannel Marketing Systems
  • Horizontal Marketing Systems
  • Franchise Organizations
  • Vertical Marketing Systems

This can influence the business in different ways. Language problems, pricing difficulties and culture-collisions are not uncommon especially in the beginning.

  • Speaking
  • Culture
  • Country
  • Language

This means that foreign exchange is scarce and that the government is rationing it out according to its own priorities.

  • Exchange Rate Control
  • World Exchange
  • Exchange Control
  • Financial Control

This category operates within a geographically defined region that crosses national boundaries.

  • Domestic
  • International
  • Global
  • Exporter

To successfully compete globally, rather than simply operate domestically companies should emphasize the linkage of marketing activities which answers the_______________.

  • question how global marketing activities performed in different countries
  • question how marketing activities should be linked with other activities of the firm
  • question about global view of International marketing permits linking market to upstream and support activities of the firm, which could lead to advantages in various ways.
  • questions in where activities such as new product development, advertising, sales promotion, channel selection, marketing research and other functions should be performed

The three major steps of Target Marketing are Market Segmentation, Target Marketing and___________.

  • Market Pricing
  • Target Promotion
  • Market Positioning
  • Target Packaging

This contains three intermediaries. Thus wholesalers may sell to jobbers, who then sell to neighborhood retailers.

  • zero-level channel
  • three-level channel
  • one-level channel
  • two-level channel

This refers to the expenses that the company make to market and sell its products, develop and promote its brand.

  • Coverage
  • Cost
  • Channel
  • Control

This is the idea in where companies can run the same advertising and promotion campaigns used in the home market or change them for each local market.

  • Communication Adaption
  • Barrier Adaption
  • Public Relations
  • Language Adaption

In this level of segmentation, the seller engages in the mass production, mass distribution and distribution and mass promotion of one product for all buyers.

  • Niche Marketing
  • Mass Marketing
  • Segment Marketing
  • Local Marketing

This level of segmentation often customized as per the individual customers.

  • Segment Marketing
  • Niche Marketing
  • Individual Marketing
  • Local Marketing

The container or wrapper in packaging is called what?

  • Plastic
  • Box
  • Logo
  • Package

This company overseas involvement category operates within a geographically defined region that crosses national boundaries.

  • Exporter
  • Domestic
  • Global
  • Regional Exporter

This is the term used to refer to government regulations bearing on foreign trade

  • Commercial Policy
  • Tariffs
  • Quotas
  • Financial Considerations

This refers to institutions and functions that are necessary to create, develop and service demand. These include retailers, wholesalers, sales agents, warehousing, transportation, creditors and media. The availability, performance, and cost of the support system profoundly affect the product design strategy.

  • Market Development
  • Support System
  • Legal Requirements
  • Competition

A paramount concern in the introduction of new products is acceptance by the _____________.

  • Owner
  • Company
  • Brand
  • Public

Research on the subject shows that foreign product design strategy varies with this international marketing decision

  • Nature of product
  • Product Design Strategy
  • Product Objectives
  • Foreign Collaboration

This refers to a type of communication between buyer and the seller

  • Promotion
  • Selling
  • Internalization
  • Pricing

What is the phase 1 in the International Marketing Research Planning?

  • Information for global rationalization
  • Information for local market
  • Information for International market entry
  • Information for local rationalization

This refers to the International Development Association, created for the purpose of giving “soft” loans to the least developed countries, that is, long-term loans at very low interest rates.

  • World Bank
  • International Payment System
  • BSP
  • Financial Considerations

This is divided according to functions performed in producing and marketing goods to unrelated buyer

  • Salary
  • Price
  • Margin
  • Profit

This involves marketing activities within a single country and typically the first area where companies seek to market their products and services

  • Domestic Marketing
  • Direct Marketing
  • Social Marketing
  • International Marketing

This consists of a manufacturer selling directly to the final customer.

  • Chain Management
  • Zero-level channel
  • One-level channel
  • Two-level channel

This refers a tax on products imported from other countries.

  • Tariffs
  • Control Tax
  • Quota
  • Exchange Tax

This includes In-depth interviews, Surveys, Focus groups, Social media monitoring.

  • Secondary Data
  • Primary Data
  • Market Data
  • Research Data

This refers to marketing systems in which two or more unrelated companies put together resources or programs to exploit an emerging marketing opportunity

  • Lack of Franchisee
  • Inefficiency
  • Lack of Marketing research
  • Geographical Diversity

This represents a simple way for a manufacturer to become involved in international marketing. This is also a business arrangement in which one company gives another company permission to manufacture its product for a specified payment.

  • Licensing
  • Exporting
  • Affidavit
  • Importing

This provides information about the features of a new product or service in order to initiate the decision-making process of consumers.

  • Informative Advertising
  • Reminder Advertising
  • Persuasive Advertising

This begins with the launch and ends when approximately 95% of the deal merchandise is in the hands of consumers.

  • Promotion Plan
  • Lead time
  • Advertising plan
  • Sell time

This refers to a group of people hired directly by a company to sell its products and service its accounts.

  • Manufacturer’s Representative
  • Sales Agent
  • Sales Force
  • Retailer

In this step, the advertiser faces a macroscheduling problem and a microscheduling problem.

  • Communication-Effect Research
  • Selecting specific media vehicle
  • Evaluating advertising effectiveness
  • Deciding on media timing

This includes activities that direct the flow of goods from one country to the users of another country.

  • International Marketing
  • Logistic Chain
  • Global Management
  • Supply Chain

This activity deals with legislators and government officials to promote or defeat legislation and regulation.

  • Corporate Communication
  • Lobbying
  • Counselling
  • Events

In this problem, the advertiser must decide how to schedule the advertising in relation to seasonal and business-cycle trends.

  • Macroscheduling
  • Microscheduling
  • Advertising
  • Franchising

It is said that can be analyzed with reference to such factors as the number of firms in the industry, product differentiation and ease of entry.

  • Competition
  • Government and Pricing
  • Cost Analysis
  • Customers Perspective

This refers to an investment in a foreign business enterprise designed to acquire a controlling interest in this enterprise.

  • Foreign Investments
  • Direct Investments
  • Joint Ventures
  • Indirect Investments

This combines successive stages of production and distribution under single ownership.

  • Corporate Vertical Marketing System
  • Contractual Vertical Marketing System
  • Administered Vertical Marketing system
  • Vertical Marketing Systems

This mean an industry in which the strategic positions of competitors in major geographic or national markets are fundamentally affected by their overall global positions.

  • Global Marketing
  • Global Trade
  • Global Industry
  • Global Firm

This refers to a firm that operates in more than one country and captures R&D, production, logistics, marketing and financial advantages in its costs and reputation that are not available to purely domestic competitors.

  • Global Firm
  • Planning Firm
  • Accounting Firm
  • Marketing firm

This international Marketing challenges urge the companies or firm doing business with different countries have to follow rules, regulations, trade laws, taxation laws and local contractual obligations

  • Selling Environment
  • Competitive Environment
  • Cultural Environment
  • Political and Legal Environment

Refers to the goods that the customer usually purchases frequently, immediately and with a minimum effort

  • Shopping Goods
  • Supermarket Goods
  • Specialty Goods
  • Convenience Goods

In this link, the company get products from their foreign entry point to the final buyers and users.

  • Channels with foreign nations
  • Final Buyers
  • Seller’s international marketing headquarters
  • Channels between nations

This tool is carried by the company’s logo, stationery, brochures, signs, business forms, business cards, building and dress-codes.

  • News
  • Identity media
  • Events
  • Publications

Marketing is the analyzing, organizing, planning and ____________ of the firm’s customer-impinging resources on policies and activities with a view to satisfying the needs and wants of chosen consumer groups at a profit.

  • Staffing
  • Controlling
  • Directing
  • Coordinating

This refers to means to increase the sales.

  • Promotion
  • Buying
  • Sales
  • Selling

In this stage, the continued growth of the company will warrant additional investment in marketing research, new product development, advertising and sales promotion and customer service

  • Simple Sales Department
  • Modern Marketing Department
  • Separate Marketing Department
  • Sales Department

This creates the largest potential market, which leads to the lowest costs, which in turn can translate into either lower prices or higher margins.

  • Target Promotion
  • Target Positioning
  • Market Promotion
  • Mass Marketing

This can be defined as a reasoned choice from a set of alternative prices that aim at profit maximization within a planning period in response to a given scenario.

  • Pricing Planning
  • Supply Planning
  • Domestic Planning
  • Strategic Planning

In this phase, there is a limited management knowledge and experience outside the domestic market often mandate a preliminary phase of information collection in researching international markets.

  • Information for International market entry
  • Information for local market
  • Information for global rationalization
  • Information for local rationalization

This is said to be a key factor that must be taken into account before an export decides to enter a foreign market.

  • Rules and regulation
  • Size and Trend of the market
  • Structure of the competition
  • Political profile of the country

This means selling to an intermediary, who in turn sells your products either directly to customers or to importing wholesalers

  • Indirect export
  • Direct Import
  • Direct export
  • Indirect Import

This means adaption, and making appropriate changes in a product to match local perspectives.

  • Commercialization
  • Industrialization
  • Customization
  • Standardization

In this step, the company is required to select one target market from the list of market segments then need to use form of objective assessment.

  • Evaluate the proposed market segments for viability
  • Construct segment profiles
  • Create market segments
  • Evaluate the attractiveness of each segment

This is improved by resource allocation across markets and countries and to take advantage of potential synergies through improved integration and coordination of international strategies.

  • Management Information System
  • Accounting Information System
  • Global Information System
  • Marketing Information System

To successfully compete globally, rather than simply operate domestically companies should emphasize global coordination of marketing activities in where ____________________

  • it answers the question how global marketing activities performed in different countries
  • companies operating exclusively within a single country reach the limits to growth in their home market and face the need to expand to achieve further growth
  • the time that it takes to reach this outer growth limit depends almost entirely on the size of the home market.
  • a global view of International marketing permits linking market to upstream and support activities of the firm, which could lead to advantages in various ways

This includes government Statistics, Industry associations, Trade publications, Company websites.

  • Secondary Data
  • Research Data
  • Market Data
  • Primary Data

This refers to a costs of material and labor used in the manufacture of a product bear a direct relationship to the level of operations.

  • Fixed cost
  • Overall cost
  • Material cost
  • Variable cost

This refer to is a company that represents and sell the goods of several manufacturers.

  • Manufacturer’s Representative
  • Facilitator
  • Distributor
  • Broker

How many is the levels of the product?

  • 4
  • 2
  • 3
  • 5

This means producing a specialized product in another country in order to take advantage of the peculiar strengths of that country.

  • Nature of product
  • Product design strategy
  • Product Objectives
  • Foreign Collaboration

This tool uses for creating product and company publicity. Increasingly, company executives must field questions from the media or give talks at trade associations or sale’s meetings and these appearances can build or hurt the company’s image.

  • Publications
  • Public-service activity
  • Speeches
  • Events

This can be defined in physical or marketing terms.

  • International Marketing objectives
  • Marketing Objectives
  • Line Objectives
  • Product Objectives

This problem calls for allocating, advertising expenditures within a short period to obtain the maximum impact.

  • Advertising
  • Franchising
  • Microscheduling
  • Macroscheduling

This refer to those that do not vary with the scale of operations, such as number of units manufactured.

  • Domestic cost
  • Variable cost
  • Fixed cost
  • Overhand cost

The product life cycle is consisting of how many stages?

  • 4
  • 5
  • 3
  • 6

This refer to the item offered for sale to a market. It includes physical goods, services, persons, places, organizations and ideas.

  • Services
  • Product
  • Goods
  • Ideas

This problem in distribution channels are magnified in less developed countries in the world which are far larger in size such as China, India, Brazil and South Africa.

  • Geographical Diversity
  • Franchise distribution channels
  • Lack of Market Research Information
  • Inefficiency

What is the first step in adoption and diffusion of new products

  • Evaluation
  • Awareness
  • Knowledge
  • Trial

This seeks to determine whether an ad is communicating effectively. Also called copy testing, it can be done before an ad is put into media and after it is printed or broadcast

  • Sales-effect research
  • Communication-effect research
  • Advertising effectiveness
  • Media Timing

This company overseas involvement category run independent and mainly self-sufficient subsidiaries in a range of countries.

  • International to Global
  • Domestic to International
  • Global
  • International

Example of this tools are coupons, Cash refund offers (rebates), Price packs (cents-off deals), Premiums (gifts), Prizes (contests, sweepstakes, games), Patronage awards, Free Trials, Product warranties, The-in promotions, Cross-Promotions, Point-of-Purchase (POP) displays and demonstrations and Samples.

  • Foreign advertising tools.
  • Business and Sales Promotion tools
  • Trade-Promotion tools
  • Consumer-Promotion tools

This company overseas involvement category involves high decentralized organization operating across a broad range of countries.

  • International to Global
  • Global
  • International
  • Domestic to International

This refers to the pricing of goods or services among units within the corporation. It serves as a measure of the economic performance of profit centers within the enterprise.

  • Overall Price
  • Gross Margin
  • Price Orientation
  • Transfer price

This international marketing challenges involves variation in semiotics, values, ideas, attitudes, beliefs, assumptions and traditions pose a challenge to the international marketing manager.

  • Competitive Environment
  • Direct Environment
  • Political and Legal Environment
  • Cultural Environment

This is based on a variety of considerations among which price is just one.

  • Supply
  • Stock
  • Demand
  • Margin

This also serves as a measure of the economic performance of profit centers within the enterprise. It differs from market price, which measures exchanges between the company and the outside world, for the next effect of transfer pricing is borne by the same organization.

  • Transfer pricing
  • Price Objection
  • Pricing objectives
  • Price escalation

This means introducing the product in the foreign market without any change

  • Straight Adaption
  • Product Adaption
  • Product Invention
  • Straight Extension

This tools rely extensively on communication materials to reach and influence their target markets. These includes annual reports, brochures, articles, audiovisual materials and company newsletters and magazines.

  • Events
  • Identity Media
  • Public-service activities
  • Publications

This refers to means to charge the price and hand-over the product and service.

  • Promotion
  • Buying
  • Selling
  • Sales

This refers to the goods that consumers either do not know about or would never think of buying.

  • Shopping Goods
  • Unsought Goods
  • Variety Products
  • Specialty Goods

This follows the logic of the concept of international product life cycle. As the exports grow, the firm considers setting up a warehouse, a sales branch, or a service center in the foreign locale.

  • Extension of Domestic line
  • Introducing additional products to the markets
  • Developing an international product line
  • Market Conditions

This factors defines that a higher advertising budget may be set aside when the target market is interested in advertising information and do not mind being bombarded with ads.

  • Advertising Frequency
  • Market share and consumer base
  • Competition and Clutter
  • Market Characteristics

In this aspect sales-promotion programs are designed on the basis of experience, pretests should be conducted to determine if the tools are appropriate, the incentive-size optimal, and the presentation method efficient. Promotions can usually be tested quickly and inexpensively.

  • Pretesting the sales-promotion program
  • Implementing and Controlling the sales-promotion Program
  • Evaluating the sales-promotion results
  • Developing Sales-Promotion Program

This refers to a new information collected specifically for your purposes. Methods of primary data collection vary based upon the goals of the research, as well as the type and depth of information being sought.

  • Research Data
  • Secondary Data
  • Primary Data
  • Market Data

This refers to both qualitative and quantitative coverage of customers and is determined by an analysis of customers, including such factors as their geographic locations, sales potential and service requirements.

  • Cost
  • Channel
  • Coverage
  • Control

This refers to a public information that has been collected by others. It is typically free or inexpensive to obtain and can act as a strong foundation to any research project.

  • Research Data
  • Market Data
  • Secondary Data
  • Primary Data

This refers to the item offered for sale.

  • Product
  • Physical item
  • Promotion
  • Price

The purpose of this control is to ensure that the company achieves the sales, profits, and other goals established in its annual plan.

  • Efficiency Control
  • Annual-Plan Control
  • Strategic-Plan Control
  • Profitability Control

This is considering as a major issue in product strategy

  • Packaging
  • Labelling
  • Branding
  • Creating

An international company that practices this level of segmentation recognizes that buyers differ in their wants, purchasing power, geographical locations, buying attitudes and buying habits.

  • Niche Marketing
  • Segment Marketing
  • Segmentation Process
  • Mass Marketing

The rules could be broadly divided into two areas, namely (a) rules governing entry conditions of foreign goods into the country and _____________.

  • rules from the indigenous production and product-mix
  • rules from the domestic supplies as well as from other exporters into the same markets.
  • rules from the number of inhabitants and global-local trends of each country and etc.
  • rules from governing internal business practices

This refers to the systematic design, collection, analysis and reporting of data and findings relevant to a specific marketing situation facing the company.

  • Operations Research
  • Strategic Research
  • Marketing Research
  • Information Research

This refers to the summary statements of all the economic transactions between one country and all other countries over a period of time, usually one year.

  • Balance of payments statements
  • Income Statements
  • Operations Statements
  • Financial Statements

This includes a channel member called a franchisor might link several successive stages in the production-distribution process. Franchising has been the fastest growing and most interesting retailing development in recent years.

  • Horizontal Marketing Systems
  • Franchise Organizations
  • Retailer Cooperatives
  • Wholesaler-sponsored voluntary chains

This major tools in Marketing Public Relations rely extensively on communication materials to reach and influence their target markets. These includes annual reports, brochures, articles, audiovisual materials and company newsletters and magazines.

  • Speeches
  • News
  • Publications
  • Events

This promotion can persuade the retailer or wholesaler to carry more goods than the normal amount.

  • Consumer-Promotion Tools
  • Business and Sales Promotion Tools
  • Sales Program Tools
  • Trade-Promotion Tools

In this step, the company can select the most appropriate target market for the firm

  • Construct segment profiles
  • Evaluate the attractiveness of each segment
  • Select target market
  • Define the market.

The purpose of this control is to measure the profitability of their various products, territories, customer groups, trade channels and other sizes.

  • Annual-Plan Control
  • Strategic-Plan Control
  • Efficiency Control
  • Profitability Control

This is the first decision is whether the company should develop a brand name for its product in other countries.

  • Brand decisions
  • Brand-sponsor decision
  • Packaging and labelling decisions
  • Brand-name decisions

This refers to a process of testing strategies, designs and formulations according to a test and learn approach.

  • Consumer Surveys
  • Data Analysis
  • Sales Data
  • Experiment

This refers to the partitioning of a market into smaller parts by identifying different groups of people with fairly similar needs, a firm can try to satisfy their customers better and more profitably thru assembling a marketing mix effort for each market segment.

  • Marketing
  • Market Segmentation
  • Market Selling
  • Marketing Positioning

In this structure, this offers greater flexibility than the single-line-of-command structures already discussed and reconciles this flexibility with coordination and economies of scale to the strength of large organizations.

  • Product Structure
  • Geographic Structure
  • Matrix Structure
  • International Division Structure

This represents an effort to increase a company’s targeting precision. It can be carried out at four levels: segments, niches, local and individuals

  • Market Segmentation
  • Market Selling
  • Mass Marketing
  • Niche Selling

This consists of independent firms at different levels of production and distribution integrating their programs on a contractual basis to obtain more economies and/or sales impact than they could achieve alone.

  • Contractual Vertical Marketing System
  • Vertical Marketing Systems
  • Corporate Vertical Marketing System
  • Administered Vertical Marketing system

This category includes a wide variety of data on factors like size of the population, national income and principle sources, political and law regulations etc.

  • Size and Trend of the market
  • Rules and regulation
  • Political profile of the country
  • Structure of the competition

This activity refers to promoting understanding of the organization with internal and external communications.

  • Corporate Communication
  • Product Publicity
  • Press Relations
  • Counselling

In this stage the market for a product will start to shrink.

  • Decline Stage
  • Marketing Cycle
  • Maturity stage Cycle
  • Product-Life Cycle

In what step of marketing research implies that the researcher should have a clear concept and definition of the problem. The first step in the international marketing research process frequently incorporates a preliminary phase of assessing information needs and availability?

  • Step 3
  • Step 1
  • Step 4
  • Step 2

This is a business enterprise that sells goods or services directly to the final consumer for his or her personal, non business use.

  • Broker
  • Sales Agent
  • Franchiser
  • Retailer

This structure include such considerations as management’s attitudes toward foreigners and overseas environments, managements willingness to take risks and seek growth in unfamiliar circumstances, and management’s ability to make compromises to accommodate foreign perspectives.

  • Matrix Organization
  • Evolution of corporate organization
  • Management Orientation
  • Foreign Markets vs. Domestic Markets

The second step in creating market segments is determining what types of different consumers form that overall market.

  • Identifying the products
  • Evaluate the proposed market segments
  • Create Market Segments
  • Define Market

All ____________________ are profit centers and transfers must be set at levels that yield a reasonable profit to both the selling and buying units.

  • Foreign and domestic units
  • International and worldwide units
  • Foreign and global units
  • Domestic and local units

This is required to be made on the basis of careful analysis and review.

  • Marketing Analysis
  • Review analysis
  • Brand Analysis
  • Product Analysis

This is also called product assortment, a set of all product lines and items that a particular seller offers for sale to buyers.

  • Product Branding
  • Product Mix
  • Product Level
  • Product Change

This refers to a nonpaid form of communication.

  • Public Relations
  • Promotion
  • Trends
  • Advertising

In this stage, the customer is being exposed and aware of the new product

  • Knowledge
  • Trial
  • Awareness
  • Adoption

This marketing channel terminology is an intermediary who assists in the distribution process but neither takes title to goods nor negotiates purchases or sales.

  • Merchant
  • Facilitator
  • Retailer
  • Broker

This answer the question; how should the results be evaluated?

  • Message
  • Measurement
  • Media
  • Mission

This is considering as first decisions that a marketing manager makes in order to develop a marketing mix.

  • Product Decision
  • Labelling Decision
  • Marketing Decision
  • Brand Decision

This tool can improve public goodwill by contributing money and time to good causes

  • Public-service activities
  • Events
  • Publications
  • Identity Media

The objective of this classification aims to convince its audience of a certain belief that leads to action often buying products. Persuasive advertising uses various techniques to appeal to the logical, emotional and ethical sides of the decision-making process.

  • Reminder Advertising
  • Persuasive Advertising
  • Informative Advertising

This stage is typically characterized by a strong growth in sales and profits and because the company can start to benefit from economies of scale in production.

  • Decline Stage
  • Maturity Stage
  • Introduction Stage
  • Growth Stage

This is considered as one of the most important elements of marketing product mix, generate cash and determines a company’s survival.

  • Product
  • Pricing
  • Promotion
  • Place

This refer to an intermediary who buys, takes title to and resells merchandise.

  • Merchant
  • Distributor
  • Seller
  • Broker

This refer as the process in which the demand structure for economic goods and services is anticipated.

  • International Trade
  • Operations Management
  • Marketing
  • Human Resource Management

In this level of segmentation, the products tailored according to the needs and wants of local customer groups

  • Niche Marketing
  • Local Segmentation
  • Individual Marketing
  • Segment Marketing

This refers to the one of the major tasks of PR professionals is to find or create favorable updates about the company, its products and its people.

  • Events
  • Publications (WRONG IN FEXAM)
  • News (WRONG IN FEXAM)
  • Speeches (CORRECT IN FEXAM)

It involves both credit standing and cash flow position.

  • Financial Strength
  • Financial Capability
  • Financial Planning

This refers to a source to obtain information about consumer satisfaction levels with existing products and their opinions and expectations regarding new products and services

  • Data Analysis
  • Consumer Surveys
  • Experiment
  • Sales Data

This refers to exchanges across national boundaries for the satisfaction of human needs and wants. It involves marketing in more than one country.

  • Social Marketing
  • International Marketing
  • Direct Marketing
  • Environmental Marketing

This can be explained by such costs as transportation, customs duty, and distributor margins, all associated with exports

  • Local price
  • Foreign Escalation
  • Foreign Price
  • Price Escalation

This structure offers greater flexibility than the single-line-of-command structures already discussed and reconciles this flexibility with coordination and economies of scale to the strength of large organizations.

  • Geographic Structure
  • International Division Structure
  • Matrix Structure
  • Product Structure

In this stage the market for a product will start to shrink

  • Maturity stage Cycle
  • Decline Stage
  • Product-Life Cycle
  • Marketing Cycle

In this stage, the continued growth of the company will warrant additional investment in marketing research, new product development, advertising and sales promotion and customer service.

  • Simple Sales Department
  • Sales Department
  • Separate Marketing Department
  • Modern Marketing Department

This refers to a market research conducted either simultaneously or sequentially to facilitate marketing decisions in more than one country.

  • International Marketing Research
  • Advertising Research
  • Socio-economic research
  • Product Research

This is also defined as an organizational function and a set of processes for creating, communicating and giving value to customers and give benefits to the organization.

  • International Firm
  • Operations
  • Management
  • Marketing

This consists of a diverse collection of incentive tools, mostly short term., designed to stimulate quicker and/or greater purchase of particular product/services by consumers or the trade.

  • Product Idea
  • Public Relations
  • Advertising
  • Sales Promotion

Information under this category includes a wide variety of data on factors like size of the population, national income and principle sources, political and law regulations etc.

  • Advertising Research
  • Socio-economic and political profile of the country
  • International Marketing Research
  • Product Research

This bases of segmentation calls for dividing the market into different geographical units such as nations, states, regions, provinces, cities or neighborhoods.

  • Individual Segmentation
  • Geographical Segmentation
  • Behavioral Segmentation
  • Demographic Segmentation

There are how many types of pricing orientation?

  • 2
  • 5
  • 3
  • 4

In this factor, a brand must advertise more heavily to be heard above the noise in the market. Even simple clutter from advertisement not directly competitive to the brand creates a need for heavier advertising.

  • Product Sustainability
  • Competition and Clutter
  • Advertising Frequency
  • Market share and consumer base

This refers to a more narrowly defined group, typically a small market whose needs are not being well served.

  • Market
  • Target
  • Selling
  • Niche

This refers to consisting of creating of something new for foreign market

  • Product Adaption
  • Product making
  • Product Invention
  • Product creation

This level of segmentation often customized as per the individual customers

  • Individual Marketing
  • Niche Marketing
  • Local Segmentation
  • Behavioral Marketing

In this stage, the customer is being exposed and aware of the new product.

  • Adoption
  • Trial
  • Knowledge
  • Awareness

This is considered as the twin element of sales volume which when combined make up sales revenues.

  • Pricing
  • Place
  • Promotion
  • Product

This seeks to determine whether an ad is communicating effectively. Also called copy testing, it can be done before an ad is put into media and after it is printed or broadcast.

  • Communication-effect research
  • Sales-effect research
  • Advertising effectiveness
  • Media Timing

What is the fourth levels of the product?

  • Extended Product
  • Augmented Product
  • Basic Product
  • Core Benefit

This means selling to an intermediary, who in turn sells your products either directly to customers or to importing wholesalers.

  • Distribution Channel
  • Logistics
  • Supply Chain
  • Channel Chain

In this step, the company has to choose on the different major media types like Newspaper, Television, Direct Mail, Radio and Magazine, Social media and consider different factors such as product, message and cost.

  • Choosing among major media types
  • Selecting specific media vehicle
  • Deciding on Geographical Media Allocation
  • Deciding on media planning

This refers to the corporate-sponsored messages transmitted through the mass media.

  • Advertising
  • Mass selling
  • Promotion
  • Public Relations

In this factor, Brands in a commodity class require heavy advertising to establish a differential image. Advertising is also important when a brand can offer unique physical benefits or features.

  • Market share and consumer base
  • Advertising Frequency
  • Product Sustainability
  • Competition and Clutter

This means a new product is defined as one that is new to the host country, but not new to the international market.

  • Extension of Domestic Line
  • Introducing a New Product to a Host Country
  • Introducing Additional Products to the international Line
  • Adoption and Diffusion of New Products

It is said that the principal source of information is the _________________ of the trading nations.

  • Operations Statements
  • Balance of payments statements
  • Financial Statements
  • Income Statements

This activity refers to presenting news and information about the organization in the most positive light.

  • Public Publicity
  • Corporate Communication
  • Lobbying
  • Press Relations

This structure assigns worldwide responsibility to product group executives at the line management levels. The firm is segregated along product lines; each division is separate profit center with the division head directly accountable for profitability.

  • Geographic Structure
  • Matrix Structure
  • Product Structure
  • International Division Structure

In this stage, the attitude of the customer regarding the products is important.

  • Trial
  • Awareness
  • Evaluation
  • Knowledge

This plans should be prepared for each individual promotion. Implementation planning must cover lead time and sell-in time.

  • Lead plan and Sell plan
  • Implementation and Control plans
  • Advertising plan
  • Promotion Plan

This covers a wide range of marketing and environmental factors that can affect a product’s success in a foreign market.

  • Operations Management
  • International Marketing Research
  • Foreign Research
  • Product Research

This concept defines what the package should basically be or do for the particular product.

  • Creating
  • Labelling
  • Branding
  • Packaging

In this type, buyers are divided into groups on the basis of their knowledge of, attitude toward, use of, or response to a product.

  • Behavioral Segmentation
  • Demographic Segmentation
  • Geographical Segmentation
  • Psychographic Segmentation

This is the link in where the export department or international division make decisions on channels and other marketing mix elements.

  • Channels with foreign nations
  • Final Buyers
  • Channels between nations
  • Seller’s international marketing headquarters

In this structure, the company’s activities are separated in two units. One domestic and the other is international.

  • Geographic Structure
  • Matrix Structure
  • Product Structure
  • International Division Structure

This refers to a subset of packaging. In practice, before labels are finally recommended for approval, rough designs are submitted first.

  • Logo
  • Labelling
  • Packaging
  • Handler

How many specific factors are to be consider in setting the advertising budget?

  • 7
  • 6
  • 4
  • 5

This refers to information about the performance of sales team and key trends.

  • Sales Data
  • Consumer Surveys
  • Data Analysis
  • Experiment

This is associated with the prices that an international marketer pays to avail the services rendered by the production.

  • Foreign Price
  • Fixed Price
  • Ceiling Price
  • Factor Price

In this step, the advertisers need to evaluate the alternate messages. A good ad normally focuses on one core selling proposition. Messages can be rated on desirability, exclusiveness and believability. Advertisers should conduct market analysis and research their ads to determine which appeal is most likely to succeed with its target audience.

  • Message Evaluation and Selection
  • Message Generation
  • Social Responsibility Review
  • Message Execution

This involves determining which products to introduce into which countries; what modifications to make in the products; what new products to add; what brand names to use; what package designs to use; what guarantees and warranties to give; what after-sales services to offer; and finally, when to enter the market.

  • Marketing Planning
  • International Marketing planning
  • Product Planning
  • International Product planning

In this stage, the customer develops enough interest in the product and starts searching information about it.

  • Knowledge
  • Evaluation
  • Awareness
  • Trial

This activity refers to Sponsoring various efforts to publicize specific products.

  • Press Relations
  • Product Publicity
  • Counselling
  • Lobbying

This refers to the identification mark of a product which enters into the channels of trade and commerce.

  • Trademark
  • Logo
  • Product Mark
  • Brand

How many are the steps of market segmentation?

  • 6
  • 5
  • 7
  • 8

Under this method, the prices at which similar assets have recently sold are used as the basis for an asset valuation.

  • International Approach
  • Total Approach
  • Market Approach
  • Margin Approach

The _____________ also defined as an organizational function and a set of processes for creating, communicating and giving value to customers and give benefits to the organization.

  • Competitive Environment
  • Marketing
  • Political and Legal
  • Cultural Environment

This company overseas involvement category involves manufacturing and assembly, marketing and sales are decentralized beyond the home country. Products are exported outside the country.

  • International
  • Domestic to International
  • International to Global
  • Global

A _________________ in export pricing that a company must consider is whether to set a common price or different prices for domestic and international markets.

  • Import choice
  • Price choice
  • Gross choice
  • Export choice

Products may be added to the line for two reasons first is to serve an unfulfilled customer need in a particular market overseas and second is ____________________.

  • to optimize the existing marketing capacity
  • to go through a step-by-step mental process of acceptance or rejection of a new product.
  • the presence of competition may require customization to gain an advantage over the rivals by providing a product that ultimately matches local conditions.
  • to defined as one that is new to the host country, but not new to the international market
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