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Chapter 6 - Global Research

Total soal: 25

Worksheet time: 13mins

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1.

Assume a company has already successfully entered a number of foreign markets. As it considers entering a new foreign market, the company must decide to what extent it takes time to research the competitive landscape in that market. Which of the following scenarios would make such research particularly important?

a)

If market entry barriers are high

b)

If the company anticipates strong pricing pressure

c)

If the sales potential are high

d)

If the foreign market has strong domestic competitors

2.

When a firm is researching the competitive landscape of a foreign market, how would aggregated industry data be used?

a)

To identify the sales volume by competitor


b)

To identify total industry profit and loss

c)

To identify total industry sales

d)

To identify key industry barriers


3.

Market researchers often start with _______ data before moving on to ______ data.

a)

 secondary, primary

b)

qualitative, quantitative

c)

cross-sectional, time-series

d)

simplex, complex

4.

The cross-national equivalence type that indicates that the meaning of what is being studied must be comparable across cultures is known as

a)

instrumental.

b)

conceptual.


c)

temporal.

d)

functional.

5.

When a firm is researching its sales potential in a foreign market, why might the firm want some qualitative data as opposed to quantitative data?


a)

To make accurate comparisons to data from other foreign markets

b)

To make accurate comparisons to data from its home market

c)

To better understand buyer preferences and behavior

d)

To rank sales opportunities between countries


6.

Acquiescence bias refers to a situation in which the respondent

a)

complies with all requests made by the interviewer.


b)

asks the interviewer to make certain modifications to accommodate local culture.

c)

provides answers about friends' opinions.


d)

gives answers that he or she thinks the interviewer wants to hear.

7.

When a firm is conducting research in foreign markets, the role of language would most likely impact the chance for

a)

selection error.

b)

nonresponse error.

c)

 instrument error.

d)

frame error.

8.

Assume the results of a survey in Mexico were not accurate due to the fact that participants tended to cooperate in answering a question even if they did not have an opinion. This challenge can be described as

a)

acquiescence bias.

b)

 social desirability bias.


c)

primary data bias.

d)

secondary data bias.

9.

Which of the following techniques uses macro-level indicators of demand as substitutes for micro-level indicators of demand?


a)

analysis of demand patterns


b)

multiple-factors indexes

c)

cross-section comparison approach

d)

time-series approach


10.

Which of the following techniques relies on the assumption that consumption patterns for a product are directly linked to the country's level of economic development?

a)

analysis of demand patterns

b)

 multiple-factors indexes

c)

cross-section comparison approach

d)

time-series approach

11.

Which of the following techniques attempts to estimate demand for a product in a country by assuming demand will be proportional to demand in another country?

a)

analysis of demand patterns

b)

multiple-factors indexes


c)

cross-section comparison approach


d)

time-series approach

12.

What is the primary disadvantage to cluster analysis to identify potential foreign markets?

a)

he process is expensive.

b)

The results may not accurately predict demand.

c)

The process takes time because it involves both secondary and primary research.


d)

It is not commonly used and thus not well understood.

13.

What is the main advantage to primary research?

a)

The firm owns the results.

b)

It is fast and efficient.

c)

 It can answer very specific questions.

d)

It works well internationally.

14.

Which arises from the questionnaire and the interviewer

a)

Definition error

b)

Instrument error

c)

Frame error

d)

Selection error

15.

Which caused by the way the problem is defined in each country

a)

Definition error

b)

Instrument error

c)

Frame error

d)

Selection error

16.

Which occurs when sampling are available from different sources in different countries.

a)

Definition error

b)

Instrumental error

c)

Frame error

d)

Selection error

17.

Which results from the way the actual sample is picked from the frame.

a)

Definition error

b)

Instrumental error

c)

Frame error

d)

Selection error

18.

Occurs when respondents feel obliged to give responses that will please the interviewer rather than state their true opinions or beliefs

a)

Social desirability bias

b)

Acquiescience bias

c)

Language bias

d)

Response bias

19.

Occurs when respondents answer questions based on what makes them look good, or is socially acceptable, rather then state their true opinions or beliefs

a)

Acquiescence bias

b)

Language bias

c)

Response bias

d)

Social desirability bias

20.

Indirectly measures market demand by using multiple variables that are closely correlated with the actual market potential.

a)

Multi-demand index

b)

Multiple-factor index

c)

Multiple-social index

d)

Multiple-analysis index

21.

Takes the known market size of a product in one country and relates it to some economic indicator, such as disposable income, to obtain a ratio that can be applied to another country.

a)

Time-series approach

b)
Country ratio estimation
c)

Cross-section comparison approach

d)
Economic indicator calculation
22.

Estimates the demand in the second country by assuming that it has the same level of consumption that the first country had at the same level of development

a)

Regression analysis

b)

Cross-section comparison

c)

Time-series approach

d)

Analysis of demand

23.

Which segment includes behaviors and values

a)

Demograhics

b)

Psychographics

c)

Geographics

d)

Behavioraristics

24.

A group of people gathered together to answer specific research questions

a)

Surveys

b)

Focus Groups

c)

Trade shows

d)

Secondary Research

25.

Meetings and seminars for in-bound international visitors at a trade show

a)

Surveys

b)

Focus Groups

c)

First mission

d)

Reverse trade mission