Professional Documents
Culture Documents
Download Foundations of Marketing 5th Edition Pride Test Bank all chapters
Download Foundations of Marketing 5th Edition Pride Test Bank all chapters
https://testbankfan.com/product/foundations-of-marketing-6th-
edition-pride-test-bank/
https://testbankfan.com/product/foundations-of-marketing-8th-
edition-pride-test-bank/
https://testbankfan.com/product/foundations-of-business-5th-
edition-pride-test-bank/
https://testbankfan.com/product/foundations-of-marketing-6th-
edition-pride-solutions-manual/
Foundations of Marketing 7th Edition Pride Solutions
Manual
https://testbankfan.com/product/foundations-of-marketing-7th-
edition-pride-solutions-manual/
https://testbankfan.com/product/foundations-of-marketing-8th-
edition-pride-solutions-manual/
https://testbankfan.com/product/foundations-of-business-5th-
edition-pride-solutions-manual/
https://testbankfan.com/product/foundations-of-business-6th-
edition-pride-test-bank/
https://testbankfan.com/product/foundations-of-business-4th-
edition-pride-test-bank/
Chapter 8—Reaching Global Markets
ESSAY
1. Describe the cultural and social forces that affect international marketing strategy.
ANS:
Answer not provided.
ANS:
Answer not provided.
ANS:
Answer not provided.
4. What marketing and ethical problems can bribes create in international marketing transactions?
ANS:
Answer not provided.
5. What effects are technological forces having on international marketing? What opportunities exist in
the global marketplace that marketers can exploit with regard to technology?
ANS:
Answer not provided.
6. What effect is NAFTA having on the international trade of the following countries: United States,
Canada, Mexico, and Japan?
ANS:
Answer not provided.
7. Explain why the mode of entry into an international market is a major issue for managers to consider.
ANS:
Answer not provided.
ANS:
Answer not provided.
9. How do globalized marketing strategies differ from customized marketing strategies? What are the
implications of each for marketing managers?
ANS:
Answer not provided.
10. Describe the difficulties encountered in standardizing the marketing mix globally.
ANS:
Answer not provided.
ANS:
developing and performing marketing activities across national boundaries.
MULTIPLE CHOICE
13. According to your text, ____ are small technology-based firms operating in international markets
within two years of their establishment and realizing as much as 70 percent of their sales outside the
domestic home market.
a. "natural globals"
b. "multinational corporations"
c. "born globals"
d. "born multinationals"
e. "multinational enterprises"
ANS: C PTS: 1 DIF: Easy
OBJ: 08-01 Understand the nature of global marketing strategy.
NAT: AACSB: Diversity | MKTG: Marketing Plan | MKTG: International Perspective
MSC: Knowledge
14. Approximately ____ of the world's purchasing power is outside of the United States.
a. 1/10
b. 1/3
c. 2/3
d. 1/2
e. 9/10
ANS: C PTS: 1 DIF: Easy
OBJ: 08-01 Understand the nature of global marketing strategy.
NAT: AACSB: Diversity | MKTG: International Perspective MSC: Knowledge
15. The environmental forces that affect foreign markets may differ dramatically from those affecting
domestic markets. This makes a careful ____ a critical part of a successful international marketing
strategy.
a. background check
b. regulatory analysis
c. social audit
d. environmental analysis
e. marketing statement analysis
ANS: D PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
16. Differences in standards of living, credit, buying power, and income distribution are all examples of
____ forces that must be considered in international marketing efforts.
a. economic
b. cultural
c. ethical
d. technological
e. legal
ANS: A PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Diversity | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
17. In China, the price of imported Scotch is $30 per glass as opposed to Scotch from China which is $3.
Which of the following do you think accounts for the difference in price?
a. Exchange control
b. Balance of trade
c. Import tariff
d. Embargo
e. Export tariff
ANS: C PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Pricing | MKTG: International Perspective
MSC: Knowledge
18. Which of the following is often used to raise revenue for a country and/or to protect domestic
products?
a. Quota
b. Warning label
c. Embargo
d. Import tariff
e. Exchange control
ANS: D PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
19. If Tasmania levied a duty on all goods purchased from the United States and other countries outside its
borders that were brought into Tasmania, its businesses and citizens would be paying a(n)
a. embargo.
b. import tariff.
c. travelers' tax.
d. export tax.
e. foreign duty.
ANS: B PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Application
20. If Germany, in an attempt to bolster the sales of its own auto manufacturers, decided to limit the
number of automobiles that could be brought in from other countries, Germany would be using a(n)
a. embargo.
b. boycott.
c. exchange control.
d. import tariff.
e. quota.
ANS: E PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Application
21. A limit on the amount of goods an importing country will accept for certain product categories during
a specified time period is called a(n)
a. exchange control limit.
b. embargo.
c. quota.
d. import tariff.
e. balance limit.
ANS: C PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
22. When a glove manufacturer in China is allowed to sell only a certain number of plastic gloves into
Japan, that firm is facing a(n)
a. tariff.
b. embargo.
c. restrictive product standard.
d. quota.
e. balance of trade restriction.
ANS: D PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Application
23. The United States' prohibition against importing cigars from Cuba is an example of a(n)
a. health control.
b. quota.
c. embargo.
d. exchange control.
e. import control.
ANS: C PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
24. Government restrictions on the amount of a particular country's currency that can be bought or sold are
known as
a. embargoes.
b. quotas.
c. exchange controls.
d. import controls.
e. balance of trade controls.
ANS: C PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
25. ____ can force businesspeople to buy and sell foreign products through a central agency, such as a
central bank.
a. Embargoes
b. Export tariffs
c. Quotas
d. Import tariffs
e. Exchange controls
ANS: E PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
26. Which of the following is used to help maintain a more favorable balance of trade by a country?
a. Limiting imports
b. Limiting exports
c. Establishing exchange controls
d. Increasing gross domestic product
e. Changing political systems
ANS: A PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
27. The ____ is the difference in value between a nation's exports and its imports.
a. net trade value
b. export/import ratio
c. gross domestic product
d. balance of payments
e. balance of trade
ANS: E PTS: 1 DIF: Difficult
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy MSC: Knowledge
30. In considering the viability of potential international markets for Pepsi products, PepsiCo is advised to
take into account ____, which provides insight into market potential.
a. per capita gross domestic product
b. gross domestic product
c. the quantity of exports
d. the quantity of imports
e. total consumer income
ANS: A PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Application
31. The Mont Blanc Company plans to export expensive consumer gift items to Germany. The best overall
economic measure of market potential would be Germany's
a. gross domestic product.
b. gross domestic product per capita.
c. gross national product.
d. balance of trade.
e. unemployment rate.
ANS: B PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Application
32. Caterpillar would like to better understand factors that would affect its ability to market construction
equipment in various countries. Which of the following forces determine how trade barriers affect
Caterpillar's marketing efforts?
a. Political and legal
b. Interpersonal
c. Social
d. Technological
e. Industrial
ANS: A PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Application
33. Special interest groups and regulatory bodies are ____ forces that must be taken into account in
international marketing.
a. socioeconomic
b. technological
c. economic
d. social and ethical
e. political and legal
ANS: E PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
35. The Foreign Corrupt Practices Act of 1977 makes it illegal for U.S. firms to
a. attempt to make large payments or bribes to influence policy decisions of foreign
governments.
b. offer foreign businesses any type of incentive for purchasing their company's products and
services.
c. change their ethical standards when dealing with foreign firms.
d. give even small tips or gifts in countries where such gifts are customary business practices.
e. introduce any type of corruption into foreign businesses that have higher ethical standards
than those of the U.S. firm.
ANS: A PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Communication | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
36. If a certain country considered handshakes in business transactions to be taboo and preferred to use
nodding, this would be an example of differences in ____ forces.
a. cultural
b. political
c. economic
d. technological
e. regulatory
ANS: A PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Communication | AACSB: Diversity | MKTG: International Perspective
MSC: Application
37. When products are introduced into one nation from another, acceptance is far more likely
a. if prices are set very low.
b. when bribes are paid to local officials to aid distribution.
c. if there are similarities between the two cultures.
d. if packaging is adjusted to match local preferences.
e. when retailers are given incentives to push the products.
ANS: C PTS: 1 DIF: Difficult
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Diversity | MKTG: International Perspective | MKTG: Product
MSC: Knowledge
38. Marketers of computer software, music CDs, and books are particularly affected by cultural
differences in
a. socioeconomic status of citizens.
b. advances in technology.
c. differences in cross-cultural exchange behavior.
d. ethical codes of conduct for businesses.
e. standards regarding intellectual property.
ANS: E PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Analytic | MKTG: Product | MKTG: International Perspective
MSC: Knowledge
39. Many companies choose to standardize their ____ across national boundaries to maintain a consistent
and well-integrated corporate culture.
a. technology
b. ethical behavior
c. language
d. dress code
e. products
ANS: B PTS: 1 DIF: Easy
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Ethics | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
40. In many developing countries around the world, technology is enabling opportunities to "leapfrog"
existing technology. What does this mean?
a. These countries are able to forgo current technological advances in order to wait for even
better technology to be developed.
b. More advanced technology is reaching these countries even though they lack technological
infrastructures.
c. Technological advances are often offered at prices considerably lower than in
well-developed countries.
d. The technology in developing countries is rapidly surpassing the technology in
well-developed countries.
e. The existing technological infrastructures in these countries are rapidly being replaced by
newer, more advanced technology.
ANS: B PTS: 1 DIF: Difficult
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Technology | MKTG: International Perspective MSC: Knowledge
41. The unconscious reference to one's own cultural values, experiences, and knowledge when
encountering new and different cultures is known as
a. the "when-in-Rome" approach.
b. the Fraedrich Principle.
c. cultural relativism.
d. the self-reference principle.
e. the self-reference criterion.
ANS: E PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Diversity | AACSB: Communication | MKTG: International Perspective
MSC: Knowledge
42. ____ refers to the idea that morality varies from one culture to another and that business practices are
therefore differentially defined as right or wrong by particular cultures.
a. The self-reference criterion
b. Global ethics
c. Economic relativism
d. Cultural relativism
e. Moral relativism
ANS: D PTS: 1 DIF: Moderate
OBJ: 08-02 Analyze the enviromental forces that affect international marketing efforts.
NAT: AACSB: Ethics | MKTG: International Perspective MSC: Knowledge
44. The agreement between the United States, Canada, and Mexico that merges these three countries into
one marketplace is called
a. EU.
b. MERCOSUR.
c. APEC.
d. NAFTA.
e. GATT.
ANS: D PTS: 1 DIF: Easy
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Communication | MKTG: International Perspective
MSC: Knowledge
45. Walmart is currently expanding its stores into Canada and Mexico. This expansion is being facilitated
by the
a. European Union.
b. North American Free Trade Agreement.
c. Pacific Rim Unification Act.
d. International Retail Alliance Association.
e. Latin American Free Trade Association.
ANS: B PTS: 1 DIF: Easy
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Analytic | MKTG: Distribution | MKTG: International Perspective
MSC: Application
46. One of the effects of NAFTA is the simplification of country-of-origin rules. This will likely hinder
the international trade activities of
a. Canada.
b. Japan.
c. Brazil.
d. Cuba.
e. Panama.
ANS: B PTS: 1 DIF: Moderate
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
51. The exchange rates of several European countries are linked together to a common currency, the
a. lira.
b. euro.
c. dollar.
d. peso.
e. ropea.
ANS: B PTS: 1 DIF: Easy
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Communication | MKTG: International Perspective
MSC: Knowledge
52. Johnston Chemicals' president is very excited about the possibility of the firm's British subsidiary
having access to customers in the entire EU. He realizes that it will be some time before this area truly
becomes one market, primarily because of differences in which of the following?
a. Available advertising media
b. Cultural factors
c. Legal challenges
d. Technological advances
e. Economic environmental factors
ANS: B PTS: 1 DIF: Difficult
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Diversity | MKTG: International Perspective MSC: Application
53. The trade alliance that includes Brazil, Argentina, Chile, and other countries is known as
a. OPEC.
b. APEC.
c. MERCOSUR.
d. NAFTA.
e. the Common Market.
ANS: C PTS: 1 DIF: Moderate
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Communication | MKTG: International Perspective
MSC: Knowledge
54. Which of the following alliances/agreements is the United States not a part of?
a. NAFTA
b. APEC
c. GATT
d. WTO
e. MERCOSUR
ANS: E PTS: 1 DIF: Easy
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Communication | MKTG: International Perspective
MSC: Knowledge
55. The Common Market of the Southern Cone (MERCOSUR) includes countries from
a. Africa.
b. Asia.
c. Central America.
d. South America.
e. the Pacific Islands.
ANS: D PTS: 1 DIF: Easy
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Communication | MKTG: International Perspective
MSC: Knowledge
56. Which of the following trade alliances differs from others in its commitment to facilitating business
and its practice of allowing the private sector to participate in a wide range of activities?
a. NAFTA
b. EU
c. MERCOSUR
d. WTO
e. APEC
ANS: E PTS: 1 DIF: Moderate
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Analytic | MKTG: International Perspective MSC: Knowledge
57. Which of the following countries has made the greatest inroads into other world markets?
a. Indonesia
b. Philippines
c. Malaysia
d. Japan
e. China
ANS: D PTS: 1 DIF: Moderate
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Communication | MKTG: International Perspective
MSC: Knowledge
58. Many marketers claim that ____ will become the world's largest market.
a. Japan
b. the United States
c. China
d. Thailand
e. India
ANS: C PTS: 1 DIF: Easy
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Communication | MKTG: Customer | MKTG: International Perspective
MSC: Knowledge
59. Which of the following agreements provides a forum for tariff negotiations, reducing trade restrictions,
resolution of international trade problems, and ground rules for international trade?
a. The World Trade Organization
b. The North American Free Trade Agreement
c. The Latin American Free Trade Agreement
d. The European Union Free Trade Agreement
e. The General Agreement on Tariffs and Trade
ANS: A PTS: 1 DIF: Easy
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Analytic | MKTG: International Perspective MSC: Knowledge
60. If a newly formed country wanted to increase its international trade and reduce worldwide tariffs, it
would most likely try to become a part of
a. NAFTA.
b. WTO.
c. MERCOSUR.
d. APEC.
e. EU.
ANS: B PTS: 1 DIF: Moderate
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Reflective Thinking | MKTG: International Perspective
MSC: Application
62. If Hyundai, a Korean automobile manufacturing firm, started selling its cars at unfairly low prices to
Germany, Hyundai would be engaging in
a. quota-enforcing.
b. embargoing.
c. shoveling.
d. dumping.
e. dipping.
ANS: D PTS: 1 DIF: Moderate
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Analytic | MKTG: Pricing | MKTG: International Perspective
MSC: Application
63. The World Trade Organization accomplishes all of the following except
a. educating companies about international trade rules.
b. lending money to businesses interested in developing international markets.
c. serving as a forum for trade negotiations.
d. helping settle trade disputes.
e. providing legal ground rules for international commerce.
ANS: B PTS: 1 DIF: Moderate
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Communication | MKTG: International Perspective
MSC: Knowledge
64. At the heart of the ____ are agreements that provide legal ground rules for international commerce and
trade policy.
a. United Nations
b. GATT
c. MERCOSUR
d. WTO
e. APEC
ANS: D PTS: 1 DIF: Easy
OBJ: 08-03 Understand several important international trade agreements.
NAT: AACSB: Communication | MKTG: International Perspective
MSC: Knowledge
65. When a firm's products sell in foreign countries with little or no effort to obtain foreign sales, the firm
is engaging in
a. international marketing.
b. global marketing.
c. limited exporting.
d. product licensing.
e. unplanned exporting.
ANS: C PTS: 1 DIF: Difficult
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Distribution | MKTG: International Perspective
MSC: Knowledge
66. Miller's Home Furnishings uses marketing strategies aimed at markets within the United States, its
home country. Miller's engages in
a. domestic marketing.
b. localized marketing.
c. globalized marketing.
d. limited exporting.
e. international marketing.
ANS: A PTS: 1 DIF: Easy
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Strategy MSC: Application
67. Which of the following lists the levels of involvement in global marketing from the lowest to the
highest?
a. International marketing, limited exporting, domestic marketing, globalized marketing
b. Limited exporting, domestic marketing, globalized marketing, international marketing
c. Globalized marketing, international marketing, limited exporting, domestic marketing
d. Domestic marketing, globalized marketing, international marketing, limited exporting
e. Domestic marketing, limited exporting, international marketing, globalized marketing
ANS: E PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
69. When the American company Exxon purchases crude oil from Saudi Arabia, it is engaging in
a. licensing.
b. importing.
c. free trade.
d. exporting.
e. dumping.
ANS: B PTS: 1 DIF: Easy
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Distribution | MKTG: International Perspective
MSC: Application
70. Henderson Synthetics' management believes that several of the firm's products could have sizable
markets in other countries. To maintain a low level of commitment with minimum effort and cost,
Henderson should engage in international marketing through
a. contract manufacturing.
b. exporting.
c. joint ventures.
d. licensing.
e. subsidiaries.
ANS: B PTS: 1 DIF: Easy
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Analytic | MKTG: Distribution | MKTG: International Perspective
MSC: Application
71. The extent of Raytheon's participation in global business is selling the batteries it manufactures to
companies in Spain. In this case, Raytheon is a(n)
a. trading company.
b. importer.
c. exporter.
d. franchiser.
e. contract manufacturer.
ANS: C PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Distribution | MKTG: International Perspective
MSC: Application
72. The Grummond Group buys computer peripherals in industrialized countries and sells them to
customers in developing countries. Grummond is most likely classified as a(n)
a. trading company.
b. strategic alliance.
c. joint venture.
d. licensee.
e. exporter.
ANS: A PTS: 1 DIF: Easy
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Distribution | MKTG: International Perspective
MSC: Knowledge
74. How does using an exporting intermediary limit the risk involved with global marketing?
a. Most exporting intermediaries assume all financial risks on behalf of their clients.
b. Exporting intermediaries are not subject to the same laws as companies, and therefore
limit the legal risk involved.
c. Using an exporting intermediary restricts a company to being involved with joint ventures
and not direct ownership.
d. Exporting intermediaries guarantee that the products a company is selling will be a good
fit for the foreign markets they are entering.
e. This approach involves limited risk because the company has no direct investment in the
foreign country.
ANS: E PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
75. A company not involved in manufacturing that brings together buyers and sellers in different countries
is usually referred to as a
a. franchise.
b. contract manufacturer.
c. strategic intermediary.
d. trading company.
e. joint venture.
ANS: D PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Distribution | MKTG: International Perspective
MSC: Knowledge
76. A large farming cooperative that focuses on the production of fruits and vegetables uses a business that
sells the farmers' products in foreign countries and also provides consulting, insurance, legal
assistance, and warehousing to the cooperative. This business would most likely be called a(n)
a. trading company.
b. export specialist.
c. contract wholesaler.
d. licensor.
e. strategic partner.
ANS: A PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Analytic | MKTG: Distribution | MKTG: International Perspective
MSC: Application
77. A(n) ____ is an organization that links buyers and sellers in different countries but is not involved in
manufacturing.
a. trading company
b. exporter
c. joint venture
d. strategic alliance
e. licensee
ANS: A PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Distribution | MKTG: International Perspective
MSC: Knowledge
78. Questor Corporation owns the Spalding brand name but does not produce a single golf club or tennis
ball. This arrangement is an example of what type of involvement level for international marketing?
a. Exporting
b. Trading
c. Joint venture
d. Strategic alliance
e. Licensing
ANS: E PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Application
79. If Caterpillar wished to reach the market in Malaysia but was leery of a direct investment in the
country, it might provide a Malaysian operation with the knowledge to produce and market its
products in exchange for a commission. This type of arrangement is called
a. licensing.
b. exporting.
c. a strategic alliance.
d. a joint venture.
e. contract manufacturing.
ANS: A PTS: 1 DIF: Difficult
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Application
80. What level of commitment in international marketing may be most attractive when the political and
economic stability of a foreign country is questionable?
a. Joint ventures
b. Direct ownership
c. Exporting
d. Limited exporting
e. Licensing
ANS: E PTS: 1 DIF: Difficult
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
81. A special form of licensing in which one company grants another company the right to market its
product in accordance with its standards in exchange for a financial commitment is called
a. a joint venture.
b. contract manufacturing.
c. direct licensing.
d. franchising.
e. a strategic alliance.
ANS: D PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
82. In many countries, Wendy's allows foreign businesspeople to use its name, logo, methods of operation,
advertising, and products. In exchange, Wendy's receives a financial commitment and an agreement to
conduct business in accordance with its standard of operations. Wendy's is engaging in
a. contract manufacturing.
b. licensing.
c. franchising.
d. exporting.
e. direct investment.
ANS: C PTS: 1 DIF: Easy
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Application
83. Franchising offers all the following benefits for franchisers except
a. franchise agreements require a certain standard of behavior from franchisees, which helps
protect the franchise name.
b. franchisers can retain control of their name while increasing global penetration of their
products.
c. the franchisee's revenue stream is fairly consistent because franchisers pay fixed fees and
royalties.
d. the franchiser's revenue stream is fairly consistent because franchisees pay fixed fees and
royalties.
e. franchisers do not have to put up a large capital investment.
ANS: C PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Strategy | MKTG: International Perspective
MSC: Comprehension
84. Which of the following would be a benefit to a franchiser, such as Jiffy Lube, in expanding into
international marketing?
a. There are no risks involved with allowing a foreign franchisee.
b. The franchiser does not have to put up a large capital investment.
c. The franchiser does not have to share its name or operational procedures.
d. The franchisee only pays a set fee every month to the franchiser.
e. An equal partnership is formed between the franchiser and franchisee.
ANS: B PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Analytic | MKTG: Strategy | MKTG: International Perspective
MSC: Application
85. Which of the following describes a company hiring a foreign firm to produce a designated volume of
its product to specification?
a. Licensing
b. Contract manufacturing
c. Exporting
d. Importing
e. Direct investment
ANS: B PTS: 1 DIF: Easy
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Strategy | MKTG: International Perspective
MSC: Knowledge
86. If The Limited Company relies on hiring a foreign textile manufacturer to produce a designated
amount of clothing for its Express, Limited, and other stores, it is using
a. exporting.
b. franchising.
c. contract manufacturing.
d. a joint venture.
e. licensing.
ANS: C PTS: 1 DIF: Moderate
OBJ: 08-04 Identify methods of international market entry.
NAT: AACSB: Communication | MKTG: Strategy | MKTG: International Perspective
MSC: Application
87. The contracting of noncore operations or jobs from internal production within a business to an external
entity that specializes in that operation is known as
a. outsourcing.
b. licensing.
c. franchising.
d. contract manufacturing.
e. contract sourcing.
Another random document with
no related content on Scribd:
Yhtäkkiä hän tunsi hurjan repäisyn rinnassaan, korvissa humisi, ja
jostain syvästä rotkosta, oman järkytetyn sielunsa pohjalta, hän kuuli
kamalan naurun: Jonas… miksei! Miljoonakavaltaja… Mikä estää
sitä pettämästä omaa vaimoansa, joka pettää koko yhteiskunnan,
tuhannet luottavat ihmiset!
*****
Vieraan mentyä valtasi hänet polttava halu juosta heti pois tästä
talosta.
Mies, jolta kaikki portit olivat suljetut ja joka oli saanut tuhansien
ihmisien kunnioituksen itseänsä kohtaan vaihtumaan
halveksumiseksi, säpsähti. Hänellä ei ollut voimaa kätkeä
rikollisuuden ilmettä siltä ainoalta, jolta hän vielä odotti lämpöä.
Vajaan vuorokauden oli hän istunut täällä telkien takana jaksamatta
ajatella muuta kuin menetettyä kunniaansa. Tämä aika, niin lyhyt
kuin se olikin, oli ankaruudellaan ehtinyt riisua häneltä kaiken
ylpeyden ja vilpin — ne eivät enää auttaneet. Hän oli valmis
tekemään tiliä jokaisesta teostaan ja avoimesti vastaamaan kaikkiin
tehtyihin kysymyksiin. Hänellä ei ollut enää mitään muuta
kaunistuksen keinoa.
— Anna anteeksi!
— Jos en voi…
— Sinä voit!
Rouva Herlevi painoi rajusti päänsä käsiinsä. Sinä voit! Sinä voit!
humisi hänen korvissaan. — Sinä et voi! kiisti toisaalta vastaan.
Iäksi — niinkö?
— Kuka siellä?
— Ystävä on — avaa!
Vapisevin käsin raoitti tyttö ovea, vetäisi sen kiinni ja raoitti taas.
Siten hän taisteli hetken oman arkuutensa ja sisäänpyrkijän äänen
herättämän turvallisuuden välillä. Mutta ulkopuolella-olija ei jaksanut
odottaa. Hän tarttui oveen suurella, tahraisella kädellään ja työnnälsi
huoneeseen.
— Olen.
— Minkä?
— Nimeni.
— En.
— En.
— Isä! Olisitteko…
— Kas niin, älä nyt pelkää, Anna Mari, ethän? Ettehän te minua
vielä odottaneet… eikä minun aikani ollut vielä tullutkaan… Mutta
minä en kestänyt siellä kauempaa… totisesti, minä en jaksanut… Ja
kun viimein sattui tilaisuus, jolloin saatoin karata, tein sen, vaikka
henkeni uhalla. Ehkä olet lukenut siitä sanomalehdistä?
Isä oli aina ollut kuin tulenliekki, eikä hänen suustaan oltu lempeitä
sanoja totuttu kuulemaan.
Siitä huolimatta täyttyi Anna Marin sydän suurella hellyydellä —
hänhän oli kaikessa tullut niin äitiinsä — ja taistellen ujoutta vastaan,
joka yhtäkkiä yllätti hänet, astui hän isänsä viereen ja laski kätensä
tämän olkapäälle.
— En ole kuullut siitä mitään, sanoi hän. — Mutta eikö ne etsi teitä
nyt… tavoita joka paikasta?
Anna Mari kertoi tarkoin, kertoi kuolinyön ja mitä äiti oli sanonut.
Tyttö nyökkäsi.
Se myönnytys sai karkurin kiristämään hampaitaan ja puristamaan
kätensä nyrkkiin — vain siten voi hän pidättää kipeän voihkaisun.
Mitä hyödytti hänen oman mielensä muutos … mitä päätöksensä
pyrkiä meren taakse tekemään työtä ja kokoamaan omaisuutta
lapsilleen, jos pojassa eli se… se hirveä, joka oli tuhonnut hänen
oman elämänsä ja hänen kättensä kautta toistenkin elämän…
— Sanoi.
— Ne.
Updated editions will replace the previous one—the old editions will
be renamed.
1.D. The copyright laws of the place where you are located also
govern what you can do with this work. Copyright laws in most
countries are in a constant state of change. If you are outside the
United States, check the laws of your country in addition to the terms
of this agreement before downloading, copying, displaying,
performing, distributing or creating derivative works based on this
work or any other Project Gutenberg™ work. The Foundation makes
no representations concerning the copyright status of any work in
any country other than the United States.
• You pay a royalty fee of 20% of the gross profits you derive from
the use of Project Gutenberg™ works calculated using the
method you already use to calculate your applicable taxes. The
fee is owed to the owner of the Project Gutenberg™ trademark,
but he has agreed to donate royalties under this paragraph to
the Project Gutenberg Literary Archive Foundation. Royalty
payments must be paid within 60 days following each date on
which you prepare (or are legally required to prepare) your
periodic tax returns. Royalty payments should be clearly marked
as such and sent to the Project Gutenberg Literary Archive
Foundation at the address specified in Section 4, “Information
about donations to the Project Gutenberg Literary Archive
Foundation.”