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WorksheetsStrategic Marketing - 8.0 Review
Total questions: 36
Worksheet time: 18mins
Name
Class
Date
1.
Currently, U.S. companies are not allowed to sell products in Cuba due to
trade restrictions. This is an example of which external environmental
factor affecting companies?
trade restrictions. This is an example of which external environmental
factor affecting companies?
a)
Demographics
b)
Economic and technological development
c)
Natural Resources
d)
Political and Legal considerations
2.
In order to bring an automobile into the U.S. for resale, a Japanesebased
company must pay the U.S. government a tax. This is an example
of which external environmental factor affecting companies?
company must pay the U.S. government a tax. This is an example
of which external environmental factor affecting companies?
a)
Economic and Technological develoment
b)
Demographics
c)
Political and Legal considerations
d)
Natural Resources
3.
To help make the European consumer more aware of its product, the NFL
is scheduling a regular season football game in countries in Europe for
the next several years. This is an example of which global marketing mix
element?
is scheduling a regular season football game in countries in Europe for
the next several years. This is an example of which global marketing mix
element?
a)
Place
b)
Price
c)
Product
d)
Promotion
4.
A manufacturer in Great Britain agreed to pay Disney three percent of its
retail sales in order to use the Mickey Mouse trademark on stuffed toys
for resale in Europe. This is an example of which entry strategy option for
the global marketplace?
retail sales in order to use the Mickey Mouse trademark on stuffed toys
for resale in Europe. This is an example of which entry strategy option for
the global marketplace?
a)
Exporting
b)
Direct Investing
c)
Licensing and Franchising
d)
Joint Venturing
5.
Keebler introduced a lower calorie brand of Fudge Stripes cookie into the
German market. This is an example of which global marketing mix
element?
German market. This is an example of which global marketing mix
element?
a)
Price
b)
Place
c)
Promotion
d)
Product
6.
In 2004, the European Union expanded allowing citizens in Poland to
purchase goods from Italy without exchanging currency or paying a
customs duty. This is an example of which external environmental factor
affecting companies?
purchase goods from Italy without exchanging currency or paying a
customs duty. This is an example of which external environmental factor
affecting companies?
a)
Cultural
b)
Demographics
c)
Natural Resources
d)
Political and Legal considerations
7.
Sara Lee Bakery imports sugar from Mexico to use in its production of
cheesecake, pound cake, and other dessert products at its Wales facility.
This is an example of which global marketing mix element?
cheesecake, pound cake, and other dessert products at its Wales facility.
This is an example of which global marketing mix element?
a)
Place
b)
Price
c)
Product
d)
Promotion
8.
An exclusive clothing store targets 35 to
60 year old males with an average annual income of at least $90,000. This is an example of which
external environmental factor affecting companies?
60 year old males with an average annual income of at least $90,000. This is an example of which
external environmental factor affecting companies?
a)
Demographics
b)
Cultural
c)
Political and Legal considerations
d)
Natural Resources
9.
Construction companies have to transport building materials by boat to
build new hotels in the Bahamas. This is an example of which external
environmental factor affecting companies
build new hotels in the Bahamas. This is an example of which external
environmental factor affecting companies
a)
Cultural
b)
Demographics
c)
Natural Resources
d)
Political and Legal considerations
10.
Proctor & Gamble hired a local shipping firm in India to deliver its retail
products to local stores. This is an example of which global marketing
mix element?
products to local stores. This is an example of which global marketing
mix element?
a)
Place
b)
Price
c)
Product
d)
Promotion
11.
Bed, Bath, & Beyond decided to build 30 stores in Russia. This is an
example of which entry strategy option for the global marketplace?
example of which entry strategy option for the global marketplace?
a)
Contract Manufacturing
b)
Direct Investing
c)
Exporting
d)
Licensing and Franchising
12.
In 2005, the U.S. entered a trade agreement with Honduras. The result is
a reduction in tariffs on exports to Honduras. This is an example of which
external environmental factor affecting companies?
a reduction in tariffs on exports to Honduras. This is an example of which
external environmental factor affecting companies?
a)
Cultural
b)
Demographics
c)
Natural Resources
d)
Political and Legal considerations
13.
Legend says that Chevrolet struggled to sell the Nova brand in Latin
America during the late 1960s due to the translation of the word “Nova.”
This is an example of which external environmental factor affecting
companies?
America during the late 1960s due to the translation of the word “Nova.”
This is an example of which external environmental factor affecting
companies?
a)
Demographics
b)
Cultural
c)
Political and Legal considerations
d)
Natural Resources
14.
Many Japanese tourists to the U.S. purchase jeans, shoes, and other
apparel to take home because the exchange rate makes the products
more affordable. This is an example of which global marketing mix
element?
apparel to take home because the exchange rate makes the products
more affordable. This is an example of which global marketing mix
element?
a)
Price
b)
Place
c)
Promotion
d)
Product
15.
A U.S.based
automobile manufacturer decided to build a production
facility in Mexico and intends to sell cars exclusively in that country. This
is an example of which entry strategy option for the global marketplace?
automobile manufacturer decided to build a production
facility in Mexico and intends to sell cars exclusively in that country. This
is an example of which entry strategy option for the global marketplace?
a)
Exporting
b)
Direct Investing
c)
Joint Venturing
d)
Licensing and Frachising
16.
When entering a foreign market for the first time, a company may choose
to charge less for its products than in an established market. This is an
example of which global marketing mix element?
to charge less for its products than in an established market. This is an
example of which global marketing mix element?
a)
Place
b)
Price
c)
Promotion
d)
Product
17.
Dove soap released into the market a new product designed to relieve
symptoms of people who suffer from severe skin allergies. This is an
example of which external environmental factor affecting companies?
symptoms of people who suffer from severe skin allergies. This is an
example of which external environmental factor affecting companies?
a)
Demographics
b)
Cultural
c)
Natural Resources
d)
Political and Legal considerations
18.
A major cellular phone provider decided to introduce a phone with larger
buttons, more volume control, and extended battery life to appeal to the
65plus
age market. This is an example of which external environmental
factor affecting companies?
buttons, more volume control, and extended battery life to appeal to the
65plus
age market. This is an example of which external environmental
factor affecting companies?
a)
Cultural
b)
Demographics
c)
Natural Resources
d)
Political and Legal considerations
19.
A major U.S. manufacturer of handbags built a production facility and ten
retail stores in Italy. This is an example of which entry strategy option
for the global marketplace?
retail stores in Italy. This is an example of which entry strategy option
for the global marketplace?
a)
Exporting
b)
Direct Investing
c)
Joint Venturing
d)
Licensing and franchising
20.
Currently, U.S. companies are not allowed to sell products in Cuba due to
trade restrictions. This is an example of which external environmental
factor affecting companies?
trade restrictions. This is an example of which external environmental
factor affecting companies?
a)
Demographics
b)
Economic and technological development
c)
Natural resources
d)
Political and legal considerations
21.
Before entering a new market in Canada, a furniture manufacturer sends
its staff to determine the current trends of the target market. This is an
example of which external environmental factor affecting companies?
its staff to determine the current trends of the target market. This is an
example of which external environmental factor affecting companies?
a)
Political and legal considerations
b)
Economic and technological development
c)
Natural resources
d)
Culture
22.
Ford decided to sell its new brand of hybrid car directly to consumers in
France. This is an example of which entry strategy option for the global
marketplace?
France. This is an example of which entry strategy option for the global
marketplace?
a)
Joint venturing
b)
Exporting
c)
Contract manufacturing
d)
Licensing and franchising
23.
The CAFTA allows companies in Mexico to purchase components
manufactured in Guatemala without a tariff. This is an example of which
external environmental factor affecting companies?
manufactured in Guatemala without a tariff. This is an example of which
external environmental factor affecting companies?
a)
Demographics
b)
Cultural
c)
Political and legal considerations
d)
Natural resources
24.
In 2004, the European Union expanded allowing citizens in Poland to
purchase goods from Italy without exchanging currency or paying a
customs duty. This is an example of which external environmental factor
affecting companies?
purchase goods from Italy without exchanging currency or paying a
customs duty. This is an example of which external environmental factor
affecting companies?
a)
Political and legal considerations
b)
Cultural
c)
Natural resources
d)
Demographics
25.
When entering a foreign market for the first time, a company may choose
to charge less for its products than in an established market. This is an
example of which global marketing mix element?
to charge less for its products than in an established market. This is an
example of which global marketing mix element?
a)
Product
b)
Promotion
c)
Place
d)
Price
26.
Russia is the world’s largest importer of cane sugar because it lacks the
ability to produce enough internally to meet its consumers’ needs. This is
an example of which external environmental factor affecting companies?
ability to produce enough internally to meet its consumers’ needs. This is
an example of which external environmental factor affecting companies?
a)
Political and legal considerations
b)
Natural resources
c)
Cultural
d)
Demographics
27.
In order to bring an automobile into the U.S. for resale, a Japanesebased
company must pay the U.S. government a tax. This is an example
of which external environmental factor affecting companies?
company must pay the U.S. government a tax. This is an example
of which external environmental factor affecting companies?
a)
Natural resources
b)
Demographics
c)
Political and legal considerations
d)
Economic and technological development
28.
A major cellular phone provider decided to introduce a phone with larger
buttons, more volume control, and extended battery life to appeal to the
65plus
age market. This is an example of which external environmental
factor affecting companies?
buttons, more volume control, and extended battery life to appeal to the
65plus
age market. This is an example of which external environmental
factor affecting companies?
a)
Demographics
b)
Cultural
c)
Political and legal considerations
d)
Natural resources
29.
Proctor & Gamble hired a local shipping firm in India to deliver its retail
products to local stores. This is an example of which global marketing
mix element?
products to local stores. This is an example of which global marketing
mix element?
a)
Place
b)
Price
c)
Product
d)
Promotion
30.
Dove soap released into the market a new product designed to relieve
symptoms of people who suffer from severe skin allergies. This is an
example of which external environmental factor affecting companies?
symptoms of people who suffer from severe skin allergies. This is an
example of which external environmental factor affecting companies?
a)
Natural resources
b)
Political and legal considerations
c)
Cultural
d)
Demographics
31.
Construction companies have to transport building materials by boat to
build new hotels in the Bahamas. This is an example of which external
environmental factor affecting companies
build new hotels in the Bahamas. This is an example of which external
environmental factor affecting companies
a)
Cultural
b)
Political and legal considerations
c)
Demographics
d)
Natural resources
32.
Blue Cross and Blue Shield have decided to use an Internet
advertisement targeted at the Latino market to make consumers aware
of its new health plan offerings. This is an example of which global
marketing mix element?
advertisement targeted at the Latino market to make consumers aware
of its new health plan offerings. This is an example of which global
marketing mix element?
a)
Price
b)
Product
c)
Place
d)
Promotion
33.
Sara Lee Bakery imports sugar from Mexico to use in its production of
cheesecake, pound cake, and other dessert products at its Wales facility.
This is an example of which global marketing mix element?
cheesecake, pound cake, and other dessert products at its Wales facility.
This is an example of which global marketing mix element?
a)
product
b)
price
c)
promotion
d)
place
34.
A manufacturer in Great Britain agreed to pay Disney three percent of its
retail sales in order to use the Mickey Mouse trademark on stuffed toys
for resale in Europe. This is an example of which entry strategy option for
the global marketplace?
retail sales in order to use the Mickey Mouse trademark on stuffed toys
for resale in Europe. This is an example of which entry strategy option for
the global marketplace?
a)
Exporting
b)
Licensing and franchising
c)
Joint venturing
d)
Direct investing
35.
To help make the European consumer more aware of its product, the NFL
is scheduling a regular season football game in countries in Europe for
the next several years. This is an example of which global marketing mix
element?
is scheduling a regular season football game in countries in Europe for
the next several years. This is an example of which global marketing mix
element?
a)
Product
b)
Promotion
c)
Price
d)
Place
36.
Many Japanese tourists to the U.S. purchase jeans, shoes, and other
apparel to take home because the exchange rate makes the products
more affordable. This is an example of which global marketing mix
element?
apparel to take home because the exchange rate makes the products
more affordable. This is an example of which global marketing mix
element?
a)
Place
b)
Product
c)
Price
d)
Promotion
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