What should be considered when marketing a product in a different country? Literacy levels are almost the same in every country Firms do not choose whether to adapt to language differences Cultural and religious differences All of the None of the above Which of the following are the BRIC countries? Brazil, Russia, Indonesia, China Brazil, Russia, India, China Brazil, Russia, Italy, Canada Bolivia, Russia, Ireland, Chile A trade deficit Results when a country imports more goods than it exports Occurs when a country has a higher of exports than imports Consist of countries that have signed a particular trade agreement Results when a country exports more goods than it imports Which of these is NOT one of the three global product strategies: Sell the same product or service in both the home country market and the host country Sell a product or service similar to that sold in the home country but include minor adaptations Develop products for undeveloped markets, and then expand them into their original home markets Sell totally new products or services _____ reflects the link between consumers' demand for a company's product and the company's purchase of necessary inputs to manufacture or assemble that particular product. institutional purchasing demand distribution derived demand wholesaling In B2B markets, _____ are firms that buy and reprocess products and services before selling them again to the next buyer. manufactures institution producers resellers A(n) _________ refers to the maximum quantity of a good that may be imported during a specified time period. Threshold Quota Limit Tariff
What should be considered when marketing a product in a different country? Literacy levels are almost the same in every country Firms do not choose whether to adapt to language differences Cultural and religious differences All of the None of the above Which of the following are the BRIC countries? Brazil, Russia, Indonesia, China Brazil, Russia, India, China Brazil, Russia, Italy, Canada Bolivia, Russia, Ireland, Chile A trade deficit Results when a country imports more goods than it exports Occurs when a country has a higher of exports than imports Consist of countries that have signed a particular trade agreement Results when a country exports more goods than it imports Which of these is NOT one of the three global product strategies: Sell the same product or service in both the home country market and the host country Sell a product or service similar to that sold in the home country but include minor adaptations Develop products for undeveloped markets, and then expand them into their original home markets Sell totally new products or services _____ reflects the link between consumers' demand for a company's product and the company's purchase of necessary inputs to manufacture or assemble that particular product. institutional purchasing demand distribution derived demand wholesaling In B2B markets, _____ are firms that buy and reprocess products and services before selling them again to the next buyer. manufactures institution producers resellers A(n) _________ refers to the maximum quantity of a good that may be imported during a specified time period. Threshold Quota Limit Tariff
Chapter%208%20Quiz%20Group%206.docx