Chapter 6 Building a presence in the global market
Quiz
A firm that is an international marketer is one where:
the firm directly markets products and services in international markets from a domestic base through the Internet or by direct marketing
the firm markets its products and services across national or political borders
the organisation has marketing activities, interests and operations in more than one country, influence or control comes from outside the country where the products and services are sold
the whole organisation focuses on the selection and exploitation of global marketing opportunities and uses resources from around the world
Where a firm markets its products and services across national or political borders it is said to be:
An International marketer
Exporting
Concerned with International e-business and direct marketing
Global
Which of the following is not a globalisation driver
Increased market access
Similar customer requirements
Worldwide organisation of distribution
Increased migration of consumers
Which of the following is the easiest marketing activity to standardise?
Distribution
Sales force
Price
Image
Companies that have strong products in a limited number of countries are referred to as:
Kings
Barons
Adventurers
Commoners
A multi-domestic approach to global marketing strategy is where a firm has
A completely different marketing strategy for every single market
The same marketing strategy for every single market
Replicated its domestic strategy in international markets
Decided to treat the global marketplace as one market
Where largely standardised marketing strategies are implemented in different regions of the world this is termed:
A multi-domestic approach
A global approach
A regional strategy
A trans-national approach
Which of the following is not one of the three strategic capabilities that transnational organisations aim to build?
Global scale efficiency and competitiveness
National level responsibilities and flexibility
Cross-market capacity to leverage learning on a worldwide basis
Operational integrity and cross flexibility
Marketing a differentiated product or service overseas using the full range of market entry and marketing mix options available is:
International niche marketing
Domestically delivered or developed niche services
Direct marketing
Exporting
The reactive exporter
Is often reacting to unsolicited orders
Is relatively new to the export business
May have started to promote its export capacity by visiting overseas clients
Produces promotional materials in a number of foreign languages