Podcast
Questions and Answers
If a product is easy to duplicate abroad, it’s likely to be successful overseas.
If a product is easy to duplicate abroad, it’s likely to be successful overseas.
False (B)
Product licensing requires special approval from government authorities before export.
Product licensing requires special approval from government authorities before export.
True (A)
Products that require minimal after-sales support can be handled by any distributor or agent.
Products that require minimal after-sales support can be handled by any distributor or agent.
False (B)
Unique features of a product include patents, inferior quality, and cutting-edge technology.
Unique features of a product include patents, inferior quality, and cutting-edge technology.
Providing training to operate a product is the responsibility of the customer.
Providing training to operate a product is the responsibility of the customer.
A company's goal should be to prioritize the costs over the expected benefits.
A company's goal should be to prioritize the costs over the expected benefits.
A product's distinctiveness can be a result of its superior quality, among other unique features.
A product's distinctiveness can be a result of its superior quality, among other unique features.
If a product requires special approval from government authorities before export, it must be licensed.
If a product requires special approval from government authorities before export, it must be licensed.
A company should prioritize the expected benefits over the costs when considering a goal.
A company should prioritize the expected benefits over the costs when considering a goal.
A distributor or agent is not responsible for providing after-sales support for a product that requires it.
A distributor or agent is not responsible for providing after-sales support for a product that requires it.
A product that can be easily duplicated abroad is likely to be successful overseas.
A product that can be easily duplicated abroad is likely to be successful overseas.
The adaptability of a product is not a unique feature that can provide a competitive advantage in foreign markets.
The adaptability of a product is not a unique feature that can provide a competitive advantage in foreign markets.
