
BAMM6301 FINAL QUIZ 1
Authored by Jeffrey Macaraeg
Business
University
Used 2+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
TRUE OR FALSE?
Shipping costs are greater when production is conducted
far from target markets.
TRUE
FALSE
MAYBE
NO ANSWER
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It refers to the concentration of production facilities in one location.
NO ANSWER
Recentralization
Centralization
Decentralization
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Spreads facilities over several locations and could mean one facility for each business environment.
Centralization
Decentralization
NO ANSWER
Recentralization
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This strategies demand extra value by offering something unique, such as superior quality, added features, or special brand images
Relation
Simmilarization
Decentralization
Differentiation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
TRUE OR FALSE
Adaptation refers to the strategy of offering standardized products, services, and marketing strategies across different markets
NO COMMENT
TRUE
FALSE
MAYBE
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Also known as localization or customization, involves modifying products, services, and marketing strategies to suit the unique characteristics and preferences of individual markets
NO CORRECT ANSWER
Differentiation
Adaptation
Standardization
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_________ is the practice of buying from another company a good or service that is not central to a company’s competitive advantage.
NO CORRECT ANSWER
OUTSOURCING
BENCHMARKING
INSOURCING
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