国际营销期末复习选择题

国际营销期末复习选择题
国际营销期末复习选择题

1. What are the two basic forms of research gathering methods? C

a. Generic and specific

b. Presentation and demonstration

c. Primary and secondary

d. Limited and scope-oriented

2. Marketing research stresses the need for objectivity and information, reducing the roles of all of these except which one? B

a. Bias

b. Demographics

c. Emotions

d. Subjective judgment

3. The value of research in making a particular decision can be determined by applying the following equation: V(dr) - V(d) > C(r). In this equation, V(dr) represents: B

a. the cost of research.

b. the value of the decision with the benefit of research.

c. the value of the decision without the benefit of research.

d. the difference between the cost of research and the benefit of the research.

4. What is a major reason that firms are reluctant to engage in international marketing activities? B

a. Lack of investors in international markets.

b. The lack of sensitivity to differences in consumer tastes and preferences.

c. Absence of profitable opportunities.

d. Lack of distributors in most international markets.

5. Which of the following is the first step in foreign-market opportunity analysis? B

a. To identify the potential demand for a specific product.

b. Indexing and ranking countries by their market appeal.

c. Clustering countries into similar groups for screening and evaluation.

d. Development and planning of strategies of the country chosen.

6. Collecting MICRO secondary data information, involves gathering: D

a. tariff and non-tariff information.

b. government trade policy information.

c. information obtained from the WTO.

d. data on local laws, regulations, standards, and specifications.

7. Which of the following entities has the greatest variety of secondary data? B

a. The Data Store

b. Governments

c. Trade directories

d. Service organizations

8. The level of computerization of a society can estimate the future need for software. In this example, the level of computerization of a society is a: B

a. random variable.

b. proxy variable.

c. constant.

d. qualitative variabl

e.

9. Which of the following observations concerning primary research is true? C

a. It is always conducted by the firm with the specific need.

b. It is lesser in scope compared to secondary data collection.

c. It is conducted to fill specific information needs.

d. It is easier to conduct internationally.

10. Firms are increasingly recognizing that ____, such as lifestyles, attitudes, or personality, can play a major role in identifying similar consumer group in different countries. B

a. culture characteristics

b. segmentation variables

c. family qualities

d. macro variables

11. Which of the following questions will most likely require the use of primary research? C

a. What is the projected growth of Internet penetration in the Middle-East in the next few years?

b. What is the ratio of Columbia's debt to gross domestic product?

c. What is the market potential for our furniture in Indonesia?

d. What percentage of global steel production is accounted by the Chinese steel industry?

12. Because an international marketer is unlikely to possess specialized expertise in international marketing research for every single market it currently serves or is planning to serve, it is best to consider: A

a. using outside research services.

b. not doing any research at all.

c. assigning one person in the company this responsibility.

d. extrapolating one country research findings to another.

13. Which of the following are three research instruments used for gathering qualitative data in marketing research? D

a. Data mining, data warehousing, and filtering

b. Surveys, scanner data, and directories

c. Government statistics, electronic information services, and networks

d. Interviews, focus groups, and observation

14. In a developed country, a white-collar worker may be part of the middle class, whereas in a less-developed country, the same person would be part of the upper class. This example underscores the importance of _____ while deciding on survey question formats. A

a. data equivalence

b. social desirability

c. question validity

d. overt questioning

15. What demographic characteristic below best describes something that would affect a person's ability to answer a question based on his or her knowledge and the information available? D

a. Gender

b. Income

c. Social class

d. Education level

16. To enrich information obtained from factual data, corporations resort to the use of creative and highly qualitative data-gathering methods. Which of the following is one of those methods? D

a. Survey

b. Questionnaire

c. Mall intercept

d. Delphi study

17. Which of the following is true about Delphi Studies? B

a. It seeks to obtain the responses of many people with only limited knowledge.

b. It aims at qualitative rather than quantitative measures by aggregating the information of a

group of experts.

c. It suffers from the same drawback of ordinary mail investigations.

d. It requires only two steps for completion and hence information is obtained very quickly.

18. Which of the following statements about companies that export is not true? A

a. Companies that export are taxed at a higher rate than those that do not.

b. Companies that export grow faster than those that do not export.

c. Companies that export are more productive than those that do not export.

d. Companies that export have employees that tend to earn mor

e.

19. Which of the following is considered a proactive motivation to go international? B

a. Competitive pressures

b. Unique products

c. Over-production

d. Excess capacity

20. Which of the following is considered a reactive motivation to go international? B

a. Profit advantage

b. Saturated domestic markets

c. Managerial urge

d. Technological advantage

21. The most stimulating motivation to become involved in international marketing is: C

a. to avoid taxation.

b. to create international partnerships.

c. the profit advantage.

d. creation of excess capacity.

22. In small and medium-sized firms, the initial decision to export is usually made by the president, with substantial input provided by: D

a. the finance department.

b. the researchers and product developers.

c. the human resource department.

d. the marketing department.

23. The primary external influence on a firm's decision to become international is: D

a. competition.

b. management's gamble on a new market segment.

c. government mandate.

d. foreign demand.

24. External change agents include all of the following except: C

a. banks.

b. accountants.

c. the company's owners.

d. advertising agencies.

25. A company that starts exporting within two years of start up is called: A

a. an innate exporter.

b. a pioneer.

c. a reactive exporter.

d. a trade visionary.

26. Under this type of agreement, one firm permits another firm to use its intellectual property in exchange for royalty compensation. This property might include patents, trademarks, copyrights, technology, technical know-how, or specific marketing skills. What is this type of agreement called? D

a. Outright purchase

b. Franchising

c. Focal market agreement

d. Licensing

27. Which of the following is not a cost associated with negotiating a licensing agreement?

B

a. Transfer cost

b. Sunk cost

c. R&D cost

d. Opportunity cost

28. When a parent company grants another, independent entity the right to do business in a specified manner, including the right to sell the parent company's products and use its name, production, preparation, and marketing techniques, this is called: D

a. portfolio management.

b. a joint venture.

c. export management.

d. franchising.

29. Which of the following is the proper definition of portfolio investment? D

a. Direct investment in foreign entities.

b. Purchase of a manufacturing plant in a foreign market.

c. Outright purchase of a competing company.

d. Purchase of stocks and bonds internationally.

30. Which of the following are defined as enterprises which own or control production or service facilities outside the country in which they are based? B

a. Innate exporters

b. Multinational corporations

c. Matrix organizations

d. Joint ventures

31. Very often, foreign direct investors, particularly multinational corporations, are praised by governments and individuals for bringing capital, economic activity, transferring technology and managerial skills, and one other key component to the country. What is that key component?

D

a. Corporate work culture

b. Brain drain

c. Deference

d. Employment

32. A major concern of governments is the concept of transfer of profit from the new foreign market back to the domestic country. What is the term used for this transfer?A

a. Profit repatriation

b. Domestic sharing

c. Currency liquidation

d. Credit acceptance

33. Which of the following is true about full ownership of international operations by multinational firms? C

a. It is not desirable, but a necessary prerequisite for international success.

b. It is the result of polycentric considerations.

c. Profit repatriation is a major concern.

d. The international environment is quite amicable towards it.

34. When two or more organizations collaborate for more than a transitory period and share assets, risks, and profits, this is known as a(n): D

a. value partnership.

b. acquisition.

c. opportunistic alliance.

d. joint ventur

e.

35. When a government allows companies to join together to conduct joint basic research efforts without fear of antitrust action, this is called: A

a. research consortia.

b. controlled research.

c. primary data from undisclosed documents.

d. strategic allianc

e.

36. Which of the following best describes the product or service a company offers for sale? B

a. A pertinent formation of space and time.

b. A complex combination of tangible and intangible elements.

c. A tangible benefit.

d. An intangible offering.

37. Differentiation is a marketing method to: D

a. get different customers to try the product.

b. create an image or a perception in the mind of the consumer.

c. dilate the market forces with excessive distribution.

d. help consumers distinguish between competing brands.

38. When the core product is relatively or highly similar between competitors, marketers highlight what type of features to achieve differentiation? A

a. Augmented

b. Core

c. Innate

d. Fancy

39. Which of the following is an intangible element of a product? C

a. Installation

b. Aesthetics

c. Positioning

d. Packaging

40. Installation, after-sales service, warranty etc. are _____ elements of a product. B

a. intangible

b. augmented

c. core

d. packaging

41. Which of the following is NOT a factor which might encourage standardization? A

a. Government and regulatory influences.

b. Economies of scale in production.

c. Economies in marketing.

d. Shrinking of the world marketplac

e.

42. Which of the following products do NOT tend to have high levels of standardization? B

a. Personal care products

b. Food products

c. Luxury goods

d. Medical equipment

43. What are the conditions which generally require product adaptation in consumer goods? C

a. Time, space and utility.

b. Focus, layout and entity.

c. Cultural grounding and economic conditions.

d. Money, labor and foreclosur

e.

44. Which of the following are typical changes made to products to modify them for the international marketplace? A

a. Packaging, measuring units, labeling and usage instructions.

b. Weight, size, and units.

c. Product form and price.

d. Sweetness levels and color.

45. What is probably the single most important factor contributing to product adaptation? C

a. Economic integration

b. Situational analysis

c. Government regulations

d. Primary packaging

46. Which of the following is NOT a non-tariff barrier? A

a. Import duty

b. Product standards

c. Testing or approval procedures

d. Subsidies for local products

47. In developing markets, products such as cigarettes and razor blades are often sold by the piece. Why? D

a. It is easier to get regulatory approval.

b. Because of packaging concerns.

c. Taxation considerations usually lead to such actions.

d. So that consumers with limited incomes can afford them.

48. Why do climate and geography affect product offerings in foreign countries? A

a. The result maybe longer shipping and storage times, perhaps affecting the product.

b. Needs of consumers remain the same in different climates.

c. Geography has a no impact on the product offering.

d. Geography and climate remain neutral towards the benefits offered by the product.

49. The name, term, symbol, sign or design used by a firm to differentiate its offerings from those of its competitors is called the: C

a. perception.

b. benefits.

c. bran

d.

d. position.

50. Which of the following is true about brands? B

a. Allows customization of promotional items.

b. Conveys the image of the product or service.

c. Are always listed on balance sheet.

d. Are used only by apparel companies.

51. Which of the following is NOT one of the major functions of packaging? C

a. Marketing

b. Distribution

c. Feedback

d. User convenience

52. What does the "Made in" phrase required on most products say about product quality? A

a. Consumers have a perception of product quality based on the area of origin.

b. The statement has no relevance in this context.

c. Consumers in superstitious cultures may feel awkward about using the product.

d. The statement is about origin, not product quality.

53. Any good bearing an unauthorized representation of a trademark, patented invention , or copyrighted work that is legally protected in the country where it is marketed is known as a: C

a. replica.

b. me-too product.

c. counterfeit.

d. hand-me-down.

54. Which of the following is not a general alternative pricing mechanism? A

a. Monopoly

b. Skimming

c. Market pricing

d. Penetration pricing

55. Which of the following statements about prices is false? A

a. It cannot determine the long-term viability of an enterprise.

b. It serves as a means of communication with a buyer by providing a basis for judging the

attractiveness of an offer.

c. It is a major competitive tool in meeting and beating close rivals and substitutes.

d. Competition has an impact on prices.

56. For an exporter to use the _____ approach, the product has to be unique, and some segments of the market must be willing to pay the high price. B

a. extinction pricing

b. skimming

c. penetration pricing

d. market pricing

57. Which of the following can be used to discourage marketers from entering the market? D

a. Cost-plus pricing

b. Changing pricing

c. Multiple-product pricing

d. Penetration pricing

58. Which of the following is a reactive approach that may lead to problems if sales volumes never rise to sufficient levels to produce a satisfactory return? A

a. Market pricing

b. Penetration pricing

c. Multiple-product pricing

d. Changing pricing

59. Which of the following is not an attribute of pricing policy selection? C

a. Decision control

b. Flexibility

c. Differentiation

d. Objectives

60. Which of the following is not considered an internal factor for setting the export price? D

a. Company’s philosophy

b. Company’s goals

c. Company’s objectives

d. Company’s customers

61. Which of the following is not a factor to be considered in determining the price of an exported product? B

a. The importance of price in customer decision making.

b. The brand or brand family being considered.

c. The strength of perceived price-quality relationships.

d. Potential reactions to marketing mix manipulation by marketers.

62. ____ price system differentiates between domestic and export prices. A

a. Dual pricing

b. Bilateral pricing

c. Semi-pricing

d. Export secondary methodology

63. The marginal cost method of pricing considers the direct costs of producing and selling products for export as the floor beneath which prices cannot be set. What costs need to be excluded in these direct costs? C

a. Variable costs and product costs

b. Shipment costs and manufacturing costs

c. Fixed costs, R&D and domestic overhead

d. Inventory costs and production costs

64. Free on board (FOB): B

a. means that the exporter quotes a price for the good.

b. applies only to vessel shipments.

c. replaced a variety of FOB terms for all modes of transportation except vessel.

d. applies only at a designated inland shipping point.

65. What is a letter of credit? A

a. An instrument issued by a bank at the request of a buyer in which the bank promises to pay a

specified amount of money on presentation of documents stipulated in the letter.

b. It is a letter which states that after the seller ships the goods, the shipping documents and the

draft demanding payment should be presented to the importer through banks acting as the seller’s agent.

c. It is given to shipping companies who have a line of vessels.

d. An instrument of currency issued by a foreign government to the exporter.

66. Which of the following refers to a tactic whereby a foreign firm intentionally sells at a loss in another country in order to increase its market share at the expense of domestic producers, which amounts to an international price war? B

a. Unintentional dumping

b. Predatory dumping

c. Sporadic dumping

d. Persistent dumping

67. Countervailing duties are associated with which of the following? C

a. Price negotiations

b. Leasing

c. Dumping

d. Factoring

68. Which of the following statements about communication is false? C

a. The communication process extends beyond the conveying of ideas to include persuasion.

b. Ideally, marketing communication is a dialogue that allows organizations and consumers to

achieve mutually satisfying exchange agreements.

c. It is a process of establishing a “commonness” of thought in between the source and the

sender.

d. A relationship has to be established from the beginning and deepened over tim

e.

69. The process of converting a message into symbolic form so that it is properly understood by the receiver is called: B

a. patterning.

b. encoding.

c. formulation.

d. pledging.

70. Which of the following are the two biggest dangers faced in international negotiations? C

a. Lack of interest and resources

b. Punitive damage and lawsuits

c. Parochialism and stereotyping

d. Flattening and wholesaling

71. Which stage of international business negotiations allows the two parties to assess each other’s needs and degree of commitment? B

a. Implementation

b. The offer

c. Informal meetings

d. Strategy formulations

72. Competitive and collaborative approaches are associated with which of the following? B

a. Strategy formulation

b. Face-to-face negotiations

c. Implementation

d. The offer

13. Which of the following is not part of the influences on negotiation style? A

a. Values

b. Attitudes

c. Expectations

d. Habitual Behavior

73. What is the first step in developing a communications strategy? D

a. Set marketing communications objectives

b. Respond to competitor's campaigns

c. Implement the campaign

d. Assess marketing communications opportunities

74. The tools the international marketer has available to form a total communications program for use in the targeted markets are referred to as the: D

a. marketing mix.

b. campaign mix.

c. distribution mix.

d. promotional mix.

75. Personal selling would be considered which type of strategy? A

a. Push

b. Pull

c. Point of purchase

d. Differential

76. Advertising is considered what kind of marketing strategy? D

a. Retrenchment

b. Focus

c. Push

d. Pull

77. What are the two main concerns when selecting media? B

a. Size and frame

b. Effectiveness and efficiency

c. Space and utility

d. Size and utility

78. In export marketing, which new dimension is added to the task in addition to making market specific decisions? D

a. The import channel decision

b. The dual channel decision

c. The hybrid channel decision

d. The export channel decision

79. What is the main reason to use an intermediary when introducing an internationally marketed product into a new foreign market? C

a. Intense competition

b. Fighting of possible retailing expenditures

c. To gain quick, easy, and relatively low-cost entry

d. Sensationalize the installment precedent

80. Channel design is determined by factors that can be summarized as the 11 Cs. Which of the following is on the 11 C's checklist? B

a. Country

b. Company objectives

c. Consumer

d. Corporation

81. What is the most likely scenario for an international product introduction? B

a. To be English based and only deal with American intermediaries.

b. Concentrate efforts on only the most attractive markets.

c. Personalize the packaging for individuals.

d. Preplan the marketing allocation to include customization.

7. Which of the following is an external determinant of channel structure relationships? B

a. Coverage

b. Culture

c. Cost

d. Capital

82. Existing channel structures which must be considered when planning a distribution system are called: C

a. channeling.

b. precursors.

c. distribution culture.

d. interagency agreements.

83. The expenditure incurred in maintaining a channel once it is established is referred to as:

B

a. price.

b. cost.

c. outlay.

d. capital.

84. There are three different approaches to coverage. Identify one of the following that is not a type of coverage. A

a. Extensive

b. Intensive

c. Selective

d. Exclusive

85. Which of the following is considered the most long-term of the marketing mix decisions?

C

a. Pricing

b. Promotion

c. Channel design

d. Process

86. Parallel importation refers to authentic and legitimately manufactured trademark items that are produced and purchased abroad but imported or diverted to the market by bypassing designated channels. What type of market is this? C

a. Flea market

b. Black market

c. Gray market

d. Monopolistic market

87. Which of the following statements about gray markets is false? D

a. Gray market goods can severely undercut local marketing plans.

b. In almost all cases of gray marketing, someone in the authorized channel commits a diversion,

thus violating the agreements signed.

c. Gray markets attract consumers with high price sensitivities.

d. Risk tolerance will have a negative influence on consumers’ propensity to buy gray-market

goods.

市场营销期末考试试卷及参考答案

一、单项选择题(共15分,每小题1分) 1.市场营销观念的中心是()。 A.推销已经生产出来的产品 B.发现需要并设法满足它们 C.制造质优价廉的产品 D.制造大量产品并推销出去 2.做为市场营销中介的物流公司,通常被称为( )。 A.供应商 B.商人中间商 C.代理中间商 D.辅助商 3.企业购买者做出购买决策最少的购买情况是()。 A.直接重购 B.修订重购 C.新购 D.变更收购 4.下列调查方法中不属于访问法的是()。 A.邮寄调查 B.留置问卷调查 C.电话访问 D.直接观察 5.某油漆公司不仅生产油漆,同时还拥有和控制200家以上的油漆商店,这就叫()。 A.前向一体化B.后向一体化 C 横向一体化D.多角化6.下列不属于市场营销组合要素的是( )。 A.产品 B.促销 C.渠道 D.利润 7.对经济、收入和税收因素的分析属于( )。 A.技术环境分析 B.政治环境分析 C.经济环境分析 D.社会环境分析8.如一种产品的销售增加必然引起另一种产品销售的减少,那么,这两种产品是( )。 A. 互补品 B. 独立品 C. 条件品 D. 替代品 9.人们购买制冷用的空调主要是为了在夏天获得凉爽空气。这属于空调产品整体概念中的()。 A.核心产品 B.有形产品 C.附加产品 D.直接产品 10.细分消费者市场必须注意以下五方面的要求:()。 A.市场要有同质性、应变性,市场范围相对较小 B.市场要有可进人性、可变性、垄断性、同质性

C.市场具有可测量性、需求大量性、效益性、应变性等 D.市场要有足够的购买潜力、可进入性、可衡量性、可盈利性等 11.相对于黑白电视机而言,彩色电视机属于()。 A.全新产品 B.换代产品 C .改进产品 D.仿制产品 12.产品生命周期指的是()。 A.产品使用寿命B.产品物理寿命 C.产品合理寿命D.产品市场寿命 13.企业只推出单一产品,运用单一的市场营销组合,力求在一定程度上适合尽可能多的顾客的需求,这种战略是()。 A.无差异市场营销战略 B.密集市场营销战略 C.差异市场营销战略 D.集中市场营销战略 14.宝洁公司有包括洗衣粉、牙膏、肥皂、纸尿布、纸巾在内的5个产品线,其中“5”代表的是企业的产品组合的()。 A.宽度 B.深度 C.长度 D.关联度 15.消费者对价格敏感,生产与销售成本低,竞争者易进入,商品差异性小的新产品定价,应采用( )。 A.高价策略B.低价策略 C.满意策略D.折扣策略 二、名词解释(共15分,每小题3分)。 1.关系市场营销 2.后向一体化 3.市场预测 4.核心产品 5.需求的交叉弹性 三、简答题(共30分,每小题6分) 1.影响消费者购买行为的主要因素有哪些?

《国际市场营销学》期末复习材料NEW

1、市场营销分析工具: (1)分析宏观环境——PEST分析 (2)企业状况——SWOT分析 (3)行业状况——波特五力模型 (4)市场选择战略——STP (5)评价市场细分——MASA (6)波士顿矩阵法——分析和规划企业产品组合 2、国际市场营销的目标——满足国际市场需要 3、企业开展国际市场营销活动的导向——国际市场需求 4、国际市场营销学的研究中心——国外顾客需求 5、开展国际市场营销的主力军——跨国公司 6、本国政府采取支持和鼓励本国企业到国际市场开拓经营的一系列政策,目的是扩大出口,获取更多利润。 7、4P策略:产品、价格、渠道、促销 8、营销观念 9、企业开展国际市场营销时,最为严重的政治风险——没收、征用、国有化

10、政治风险的外部影响因素:东道国的国际关系、东道国的政治稳定性、产品在东道国的政治敏感度(越敏感风险越大)、企业在东道国的知名度 11、国际市场中的文化环境不同,会导致居民对相同产品的接受程度不同 12、区域经济一体化的发展阶段是:自由贸易区、关税同盟、共同市场、经济同盟。P75 13、国际营销调研的类型:探测性调研、描述性调研(如实反映市场经营状况)、因果关系调研、预测性调研。 14、国际营销信息系统的构成:内部报告系统、营销情报系统、营销调研系统、营销分析系统。 15、营销战略目标的制定过程:STP(市场细分、目标市场选择、市场定位)、制定营销组合 16、市场细分是根据消费者消费需求和购买习惯的差异将整个市场划分为若干子市场。 17、市场细分应适度,恰当的市场细分应该既能保证市场细分的有效性和精确性,又能使成本最低,运用的细分变量并非越多越好。

国际市场营销课程标准

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任务目标。 课程的项目编排基于网络销售工作过程,结合学生智能特点,遵循先易后难的原则。 活动设计的目的在于有效组织课堂,充分利用灵活多样的教学方法和教学手段,激发学生的学习积极性与能动性,做中学、学中做,真正体现教师为主导、学生为主体的职业教育特点。 本课程总计64学时。其中,理论32学时、实践32学时。 2.课程目标 总体目标 通过本门课程的学习,学生能熟知跨境电子商务的基本概念和政策,遵守跨境第三方操作平台规则,进行跨境电商基本工作流程的操作,具备跨境店铺运营管理、客服服务和电商操作技术等业务能力。 具体目标 (1)识记跨境第三方操作平台规则; (2)熟知跨境电商操作基本工作流程; (3)识记跨境电商平台进行选品的技巧; (4)熟知不同的国际物流方式的运费计算方法; (5)熟知国际支付宝Escrow优势、交易流程及支付方式; (6)熟知P4P的规则、广告模式、价值和优势; (7)熟知速卖通纠纷规则。 能力目标 (1)能顺利开通跨境电商店铺账号; (2)能熟练设计跨境物流方案、合理选择跨境物流方式; (3)能深入调研海外市场跨境电商发展情况、形成可供企业采纳的调研报告; (4)能独立完成跨境电商选品及产品的信息化工作; (5)能合理设置跨境电商产品价格、完成产品刊登和发布; (6)能制定跨境产品和店铺优化方案、通过合适的方法和渠道在平台内外进行推广;(7)能及时处理订单、提升客户体验感和满意度; (8)能及时处理争议订单,维护老客户、开发新客。 (1)具备跨境电商运营的基本职业道德; (2)对境外客户有一定了解,并能包容、合理应对各种买方行为。

国际营销期末复习Short Answer

Short Answer: 1. Describe three types of ownership in foreign direct investing? A corporation’s ownership choice can range from 100 percent ownership to a minority interest. Full ownership is to have 100 percent ownership. However, a major concern is the fairness of profit repatriation. Another type of ownership is joint venture, which is a collaboration of two or more organizations for more than a transitory period. The partners share assets, risks, and profits, though equality of partners is not necessary. Lastly is strategic alliance. This is an arrangement between two or more companies with a common business objective. The great advantage of strategic alliances is their ongoing flexibility, since they can be formed, adjusted, and dissolved rapidly in response to changing conditions. 2. What is the difference between proactive and reactive motivators that spur a company to go international? Proactive motivations represent stimuli to attempt strategic change. Reactive motivations influence firms that respond to environmental shifts by changing their activities overtime. In other words proactive firms go international because they want to while reactive ones go international because they have to. 3. Is any product ever the same everywhere it is sold? Products are not the same everywhere they are sold. Even if the physical product is the same the differences in customer perceptions change the positioning of the product as a complete cluster of value perceptions. Differences in perception occur as a result of cultural factors such as the impact of colors of the packaging and country-of-origin effects and differences in promotion advertising and distribution. The availability of service and warranties also make products different. 4. Explain how counterfeiting has become a problem in foreign markets.. Counterfeiting problems occur in three ways and depending on the origin of the product and where they are marketed require different courses of action. Enforcement has been problematic because of the lack of adequate personnel and the increasingly high-tech character of the products. The theft of intellectual property is a critical problem for many industries and countries accelerating with the pace of market globalization. Governments have long argued about intellectual property protection but the lack of results in some parts of the world has forced companies themselves to take action on this front. 5. Briefly named 4 elements of Products 1. Core product- Product or service in its simplest generic state other tangible and augmented features may be added to distinguish a core product or service from its competitors. 2. Tangible product- Brand name Packaging Aesthetics Quality 3. Intangible product- Country-of-Origin positioning 4. Augmented product- Elements added to a core product or service that serve to distinguish it from competing products of services. Such as installation after sale service warranty delivery and credit.

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