Global vs Regular Marketing Quiz
6 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the definition of marketing?

  • The process of creating, communicating, delivering, and exchanging offerings that have value for customers (correct)
  • The process of advertising products to customers
  • The process of selling products to customers
  • The process of distributing products to customers
  • What is the difference between international marketing and local marketing?

  • International marketing is based on an extension of a company's local marketing strategy (correct)
  • International marketing does not require understanding customer needs and wants
  • International marketing is focused on mass marketing
  • There is no difference
  • What are some reasons for global marketing according to the text?

  • Access to new resources only
  • Against competitors with higher costs
  • To reduce cultural differences between countries
  • Access to new markets and resources (correct)
  • Which of the following is a benefit of globalization according to the text?

    <p>Companies' flexibility to operate abroad</p> Signup and view all the answers

    What is the focus of individual-micro-tailored marketing according to the text?

    <p>Understanding needs and wants of individual customers</p> Signup and view all the answers

    What are the uncontrollable foreign environmental forces in the international marketing task according to the text?

    <p>Political/legal forces and economic forces</p> Signup and view all the answers

    More Like This

    Global Marketing Quiz
    6 questions
    Global Marketing Concepts Quiz
    16 questions

    Global Marketing Concepts Quiz

    InstructiveFresno4444 avatar
    InstructiveFresno4444
    Use Quizgecko on...
    Browser
    Browser