International Marketing: Product Policy and Mix
10 Questions
0 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 are the two major interrelated dimensions of a product policy for international/export marketing?

  • Product research and development, product sales
  • Product planning and development, product strategy (correct)
  • Product distribution and logistics, product promotion
  • Product planning and development, product pricing

What does a product mix refer to?

  • The set of products that a company offers to customers (correct)
  • A product line that is not part of a larger product mix
  • A single product offered by a company
  • A set of similar products offered by a company

Which of the following companies has a product mix?

  • A company with a single product line
  • A company with a single product
  • A company with several product lines (correct)
  • A company with no product lines

What is a product line?

<p>A set of products that are similar or have something in common (C)</p> Signup and view all the answers

What is an example of a product line?

<p>Sony TVs and laptops (B)</p> Signup and view all the answers

What is the primary characteristic of a product line?

<p>It is a group of products that are similar or have something in common. (D)</p> Signup and view all the answers

A company with multiple product lines has a _______.

<p>Product mix (B)</p> Signup and view all the answers

Which of the following is an example of a product line within Sony Electronics?

<p>TVs and audio equipment (D)</p> Signup and view all the answers

What is the relationship between product lines and product mix?

<p>A product line is a subset of a product mix. (C)</p> Signup and view all the answers

Which of the following is NOT a characteristic of a product line?

<p>Only available in domestic markets (B)</p> Signup and view all the answers

More Like This

Use Quizgecko on...
Browser
Browser