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Global Ch 14 v2 2023

Total questions: 15

Worksheet time: 14mins

Name
Class
Date
1.

When a manufacturer of soft drinks has to adapt the formulation of its product to fit the foreign market requirements, it is an example of adapting:

a)

design features

b)

service standards level

c)

package dimensions

d)

product quality

2.

Svend Hollensen proposes three levels of an international product, namely:

a)

core product, supporting product and augmented product

b)

core product, product attributes and product benefits

c)

core product, functional product and augmented product

d)

core product benefits, product attributes and support services

3.

Which of the following is not a characteristic of services?

a)

consistency

b)

inseparability

c)

variability

d)

intangibility

4.

The fact that each tourist experience with the same destination is likely to be different is due to:

a)

inseparability

b)

perishability

c)

intangibility

d)

heterogeneity

5.

A brand alliance between two partners, such as the one between Girard Perregaux and Ferrari, or Omega and Swatch, is also known as:

a)

co-branding

b)

corporate branding

c)

private branding

d)

global branding

6.

The fact that a traveller may have a very positive experience flying with an international airline and then a very negative experience on a subsequent visit is evidence of service:

a)

inseparability

b)

perishability

c)

intangibility

d)

variability

7.

The premium a customer would pay for the branded product or service compared to an identical unbranded version of the same product or service is synonymous with:

a)

brand personality

b)

brand management

c)

brand equity

d)

brand loyalty

8.

The four stages in the product life cycle are:

a)

research, development, manufacturing, introduction

b)

birth, growth, decline, death

c)

introduction, growth, maturity, decline

d)

product innovation, process innovation, strategic innovation, termination

9.

________ are fashions adopted quickly by the public but which peak early and decline very fast. Examples of such products are: Tickle-Me-Elmo, Barney, Rubik's Cube and the Hula Hoop.

a)

Sporting products

b)

Arts

c)

Fads

d)

Generic products

10.

The strategy involving the introduction of a standardized product with the same promotion strategy throughout the world market is known as:

a)

product adaptation

b)

promotion adaptation

c)

dual adaptation

d)

straight extension

11.

One of the challenges facing private label retailers is reassuring those consumers who infer that because the private label is not a brand which they recognize then the quality will be:

a)

better

b)

just the same

c)

worse

d)

not the same

12.

For which product category does country of origin matter significantly in the eyes of global consumers?

a)

wrist watches

b)

kitchen towels

c)

socks

d)

smart phones

13.

A fundamental shift in thinking is to replace the term 'supply chain' with:

a)

demand chain

b)

marketing chain

c)

management chain

d)

manufacturing chain

14.

A(n)________ is a brand that covers a plurality of products which are more or less related.

a)

umbrella brand

b)

family brand

c)

glocal brand

d)

generic brand

15.

According to Svend Hollensen, dynamic customization is based on three principles, namely:

a)

modularity, market research and management

b)

modelling, information systems and cooperation

c)

modularity, intelligence and organization

d)

management, intelligence and coordination