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WorksheetsGlobal Ch 14 v2 2023
Total questions: 15
Worksheet time: 14mins
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:
design features
service standards level
package dimensions
product quality
Svend Hollensen proposes three levels of an international product, namely:
core product, supporting product and augmented product
core product, product attributes and product benefits
core product, functional product and augmented product
core product benefits, product attributes and support services
Which of the following is not a characteristic of services?
consistency
inseparability
variability
intangibility
The fact that each tourist experience with the same destination is likely to be different is due to:
inseparability
perishability
intangibility
heterogeneity
A brand alliance between two partners, such as the one between Girard Perregaux and Ferrari, or Omega and Swatch, is also known as:
co-branding
corporate branding
private branding
global branding
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:
inseparability
perishability
intangibility
variability
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:
brand personality
brand management
brand equity
brand loyalty
The four stages in the product life cycle are:
research, development, manufacturing, introduction
birth, growth, decline, death
introduction, growth, maturity, decline
product innovation, process innovation, strategic innovation, termination
________ 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.
Sporting products
Arts
Fads
Generic products
The strategy involving the introduction of a standardized product with the same promotion strategy throughout the world market is known as:
product adaptation
promotion adaptation
dual adaptation
straight extension
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:
better
just the same
worse
not the same
For which product category does country of origin matter significantly in the eyes of global consumers?
wrist watches
kitchen towels
socks
smart phones
A fundamental shift in thinking is to replace the term 'supply chain' with:
demand chain
marketing chain
management chain
manufacturing chain
A(n)________ is a brand that covers a plurality of products which are more or less related.
umbrella brand
family brand
glocal brand
generic brand
According to Svend Hollensen, dynamic customization is based on three principles, namely:
modularity, market research and management
modelling, information systems and cooperation
modularity, intelligence and organization
management, intelligence and coordination
