Question 1
Question
Entering foreign markets by joining with foreign companies to produce or market a product or service
Question 2
Question
A group of nations organized to work toward common goals in the regulation of international trade
Answer
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Economic community
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Adapted global marketing
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Joint venturing
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Sustainable marketing
Question 3
Question
Entering foreign markets by selling goods produced in the company's home country, often with little modifications
Question 4
Question
Entering foreign markets through developing an agreement with a license in the foreign market
Answer
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Licensing
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Consumer-oriented market
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Innovative marketing
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Joint venture
Question 5
Question
A joint venture in which a company contracts with manufacturers in a foreign market to produce its product or provide its service
Question 6
Question
A joint venture in which the domestic firm supplies the management knowhow to a foreign company that supplies the capital; the domestic firm exports management services rather than products
Answer
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Management contracting
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Contract manufacturing
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Economic community
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Agreement promotion
Question 7
Question
A cooperative venture in which a company creates a local business with investors in a foreign market, who share ownership and control (economic and political reasons)
Question 8
Question
Entering a foreign market by developing foreign-based assembly or manufacturing facilities
Answer
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Direct investment
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Contract manufacturing
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Management contracting
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Manufacturing agreement
Question 9
Question
Designing international channels that take into account the entire global supply chain and marketing channels, forging an effective global value delivery network
Question 10
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Socially and environmentally responsible marketing that meets the present needs of consumers and businesses while also preserving enhancing the ability of future generations to meet their needs
Question 11
Question
A principle of sustainable marketing holding that a company should view and organize its marketing activities from the customer's point of view
Answer
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Consumer-oriented marketing
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Environmental sustainability
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Societal marketing
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Sense-of-mission marketing
Question 12
Question
A principle of sustainable marketing holding that a company should define its mission in broad social terms rather than narrow product terms
Question 13
Question
Product that (1) have neither immediate appeal nor long-run benefits, (2) give immediate satisfaction but may hurt consumers in the long-run, (3) have low immediate appeal but may benefit consumers in the long run and (4) give both immediate satisfaction and high long-run benefits
Answer
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(1) Deficient (2) Pleasing (3) Salutary (4) Desirable
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(1) Deficient (2) Salutary (3) Pleasing (4) Desirable
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(1) Salutary (2) Deficient (3) Salutary (4) Desirable
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(1) Salutary (2) Deficient (3) Pleasing (4) Desirable