Chapter 17 – International Marketing and Supply Chain Management
Quiz
The term supply chain refers to the ways a firm coordinates activities along its entire value chain from component suppliers to retailers.
True
False
Multi-tier branding enables companies to reach a large variety of different market segments.
True
False
The set of business units and intermediaries that facilitate the movement of goods to consumers is known as ‘distribution funnel’.
True
False
Advertisers promoting products in multiple countries need to be take account of advertising standards in each country, which can vary considerably across countries.
True
False
A relationship orientation in marketing indicates a focus on maintaining and enhancing relationships with customers.
True
False
A country-of-origin effect relates to the positive impact that the country of origin has on the perception of the products and services offered by a company.
True
False
The change in volume demanded by customers as a result of changes in price is known as
Price shift
Demand shift
Price elasticity
Price curve
Customers are often interested in the “total cost of ownership”, which includes the purchasing price plus
Sales taxes
Interest on loans taken out to purchase the items
Transaction costs
Cost of supplies needed to operate the item
The management of the purchasing of products and components is also known as
Outbound logistics
Inbound logistics
Distribution management
Inventory management
Which of the following is not one of the ‘Four P’s’ of Marketing?
Price
Place
Promotion
Production
Which of the following is not an element of the triple-A of supply chain management:
Agility
Arbitrage
Adaptability
Alignment
A neutral intermediary in the supply chain that provides logistics and other support services is known as