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Global Marketing Test Questions

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Global Marketing Test Questions

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whether companies are doing enough to ensure
fairness and equal treatment for all employees,
especially in light of issues such as racial
discrimination, gender inequality, and disability
rights. Legally, there are numerous frameworks
and protections in place, such as anti-
discrimination laws, but the challenge remains
ensuring that these legal provisions are enforced
and that businesses go beyond mere compliance
to foster inclusive and fair work
environments.#### 3.3 **Data Privacy and
Security**As businesses increasingly collect
vast amounts of personal data, ethical and legal
concerns about data privacy and security have
become more prominent. Companies face the
ethical dilemma of balancing their need for
consumer data to improve

Test Bank For
Global Marketing Test Questions
Chapter 1-14
Chapter 1 Introduction to Global Marketing

1) The market development strategy involves seeking new customers by introducing existing
products or services to a new market segment.
Answer: TRUE
Difficulty: Easy
Chapter LO: 1
AACSB: Reflective thinking
Course LO: Discuss the fundamental concepts of marketing

2) Starbucks is building on its loyalty card and rewards program in the United States with a
smartphone app that enables customers to pay for purchases electronically. This is an example of
Market Penetration.
Answer: TRUE
Difficulty: Moderate
Chapter LO: 1
AACSB: Reflective thinking
Course LO: Discuss the fundamental concepts of marketing

3) The perceived value equation can be represented as Value = Price/Benefits.
Answer: FALSE
Difficulty: Easy
Chapter LO: 2
AACSB: Analytical thinking
Course LO: Discuss the fundamental concepts of marketing

4) Companies can increase prices if costs are low because of process efficiencies in

,manufacturing.
Answer: FALSE
Difficulty: Easy
Chapter LO: 2
AACSB: Reflective thinking
Course LO: Identify and describe the processes and tools of strategic marketing

5) If Nestlé decides not to market biscuits (cookies) in the United States due to competitive
reasons, it is considered as a lack of strategic focus and missed opportunity.
Answer: FALSE
Difficulty: Moderate
Chapter LO: 2
AACSB: Reflective thinking
Course LO: Identify and describe the processes and tools of strategic marketing
6) The Yugo automobile achieved a modest level of U.S. sales in the 1980s despite a "don't buy"
rating from a consumer magazine.
Answer: TRUE
Difficulty: Easy
Chapter LO: 2
AACSB: Reflective thinking
Course LO: Identify and describe the processes and tools of strategic marketing

7) Walmart's recent exit from the German market was due, in part, to the fact that German
shoppers could find lower prices at stores known as "hard discounters."
Answer: TRUE
Difficulty: Moderate
Chapter LO: 2
AACSB: Reflective thinking
Course LO: Identify and describe the processes and tools of strategic marketing
whether companies are doing enough to ensure fairness and equal treatment for all employees,
especially in light of issues such as racial discrimination, gender inequality, and disability rights.
Legally, there are numerous frameworks and protections in place, such as anti-discrimination
laws, but the challenge remains ensuring that these legal provisions are enforced and that
businesses go beyond mere compliance to foster inclusive and fair work environments.#### 3.3
**Data Privacy and Security**As businesses increasingly collect vast amounts of personal data,
ethical and legal concerns about data privacy and security have become more prominent.
Companies face the ethical dilemma of balancing their need for consumer data to improve
8) Nike dropped their well-known tag line "Just do it" in advertising women's clothing in Europe
and replaced it by the slogan "Here I am" since college-age women in Europe are not as
competitive about sports as men are.
Answer: TRUE
Difficulty: Moderate
Chapter LO: 2
AACSB: Analytical thinking
Course LO: Identify and describe the processes and tools of strategic marketing

9) From a global marketing perspective, the history of the Beatles' records is an interesting case
study in both product adaptation and product extension.
Answer: TRUE
Difficulty: Moderate
Chapter LO: 2

,AACSB: Reflective thinking
Course LO: Identify and describe the processes and tools of strategic marketing

10) In an effort to "Americanize" the sound of the Beatles' recordings, a studio effect known as
reverb was added to some tracks.
Answer: TRUE
Difficulty: Moderate
Chapter LO: 3
AACSB: Reflective thinking
Course LO: Identify and describe the processes and tools of strategic marketing
whether companies are doing enough to ensure fairness and equal treatment for all employees,
especially in light of issues such as racial discrimination, gender inequality, and disability rights.
Legally, there are numerous frameworks and protections in place, such as anti-discrimination
laws, but the challenge remains ensuring that these legal provisions are enforced and that
businesses go beyond mere compliance to foster inclusive and fair work environments.#### 3.3
**Data Privacy and Security**As businesses increasingly collect vast amounts of personal data,
ethical and legal concerns about data privacy and security have become more prominent.
Companies face the ethical dilemma of balancing their need for consumer data to improve

11) McDonald's global marketing strategy is based primarily on local marketing mix elements.
Answer: FALSE
Difficulty: Moderate
Chapter LO: 3
AACSB: Reflective thinking
Course LO: Identify and describe the processes and tools of strategic marketing
12) Starbucks opened an experimental store in Amsterdam that serves as a testing ground for
new design concepts such as locally sourced and recycled building materials.
Answer: TRUE
Difficulty: Moderate
Chapter LO: 3
AACSB: Reflective thinking
Course LO: Identify and describe the processes and tools of strategic marketing

13) Tang drink powder became a $1 billion brand as regional managers in the Middle East added
mango and pineapple flavors.
Answer: TRUE
Difficulty: Easy
Chapter LO: 3
AACSB: Reflective thinking
Course LO: Describe the global marketing environment today and explain the options
companies consider as they go global

14) About 75 percent of the Coca-Cola Company's operating income and two-thirds of its
operating revenue are generated outside North America.
Answer: TRUE
Difficulty: Moderate
Chapter LO: 4
AACSB: Reflective thinking
Course LO: Identify and describe the processes and tools of strategic marketing

15) Ethnocentric companies that conduct business outside the home country adhere to the notion

, that the products that succeed in the home country will succeed anywhere.
Answer: TRUE
Difficulty: Difficult
Chapter LO: 5
AACSB: Application of knowledge
Course LO: Identify and describe the processes and tools of strategic marketing

16) The term "polycentric" describes management's belief or assumption that each country in
which a company does business is the same as the home country business.
Answer: FALSE
Difficulty: Moderate
Chapter LO: 5
AACSB: Analytical thinking
Course LO: Identify and describe the processes and tools of strategic marketing
17) Unilever's Rexona deodorant brand had 30 different package designs and 48 different
formulations. This is an example of ethnocentrism.
Answer: FALSE
Difficulty: Easy
Chapter LO: 5
AACSB: Application of knowledge
Course LO: Identify and describe the processes and tools of strategic marketing

18) A U.S. company that focuses on the countries included in the North American Free Trade
Agreement (NAFTA) has a regiocentric orientation.
Answer: TRUE
Difficulty: Moderate
Chapter LO: 5
AACSB: Analytical thinking
Course LO: Describe the global marketing environment today and explain the options
companies consider as they go global
whether companies are doing enough to ensure fairness and equal treatment for all employees,
especially in light of issues such as racial discrimination, gender inequality, and disability
rights. Legally, there are numerous frameworks and protections in place, such as anti-
discrimination laws, but the challenge remains ensuring that these legal provisions are enforced
and that businesses go beyond mere compliance to foster inclusive and fair work
environments.#### 3.3 **Data Privacy and Security**As businesses increasingly collect vast
amounts of personal data, ethical and legal concerns about data privacy and security have
become more prominent. Companies face the ethical dilemma of balancing their need for
consumer data to improve

19) A European company that focuses its attention on Europe can be considered to have
geocentric orientation.
Answer: FALSE
Difficulty: Difficult
Chapter LO: 5
AACSB: Reflective thinking
Course LO: Describe the global marketing environment today and explain the options
companies consider as they go global

20) A company with a geocentric orientation views the world as a potential market and strives to
develop integrated global strategies.

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