Question : 31. (p. 396-397) Many reasons for marketing consumer products and services abroad match : 1242107

 

31. (p. 396-397) Many reasons for marketing consumer products and services abroad match with those for marketing industrial goods abroad. However, there is one important additional reason for marketing industrial goods abroad that does not apply to the consumer market. What is that reason? 
A. Avoiding inflationary pressures domestically
B. Making as much profit as possible
C. Dampening the natural volatility of industrial markets
D. Meeting foreign competitors in their home markets
E. Setting up situations where strategic alliance opportunities might be realized

32. (p. 397) Which of the following is a factor that exacerbates the volatility in demand in industrial markets? 
A. Professional buyers tend to act in concert.
B. Derived demand decelerates changes in markets.
C. There are small, noncyclical swings in demand inherent in industrial markets.
D. Experienced purchasers tend to act independently.
E. Inelastic demand accelerates changes in markets.

33. (p. 398) For managers selling capital equipment and big-ticket industrial services, understanding the concept of _____ demand is absolutely fundamental to their success. 
A. kinked
B. sliding
C. multiple
D. derived
E. postponed

34. (p. 398) Derived demand can be defined as demand: 
A. that is derived from supply.
B. that is matched to consumer wants and needs.
C. dependent on another source.
D. that is volatile.
E. for a basic good wanted for its own sake.

35. (p. 398) Ryan Teed knows that domestic industrial demand is very volatile. He decided to hire a consultant to give him advice on what to do about this unacceptable situation. Which of the following would NOT be a measure put forward as a solution to combat volatile demand in the industrial goods sector? 
A. Maintain a broad product line
B. Raise prices faster
C. Reduce advertising expenditures during booms
D. Ignore market share as a strategic goal, avoid layoffs, and focus on stability
E. Invest in foreign high-yield financial instruments

36. (p. 398) Why are German and Japanese firms generally better at managing market volatility than American firms? 
A. Their emphasis is on beating competitors.
B. They value employees and stability very highly.
C. They maintain limited product lines.
D. They reduce prices faster and raise advertising expenditures during booms.
E. They consider market share as a strategic goal.

37. (p. 399) Which of the following is, perhaps, the most significant environmental factor affecting the international market for industrial goods and services? 
A. Foreign exchange
B. Political conditions
C. The degree of industrialization
D. The level of competition
E. Inflation

38. (p. 399) With respect to industrial demand, which of the following best characterizes the “traditional society” described in Stage 1 of Rostow’s five-stage model of economic development? 
A. A service economy is on the horizon.
B. The important industrial demand is associated with natural resources extraction.
C. Primary needs are related to infrastructure development.
D. Manufacturing of both semidurable and nondurable consumer goods begins.
E. The focus in on low-cost manufacturing of a variety of consumer and some industrial goods.

39. (p. 399) In Stage 2 of Rostow’s five-stage model of economic growth, manufacturing is beginning and primary needs are related to infrastructure development. Which of the following countries would be characterized as being in this stage of economic development? 
A. Russia
B. Eastern European countries
C. South Korea
D. Czech Republic
E. Vietnam

40. (p. 399) If a country has reached an economic development level where there is a focus on manufacturing of both semidurable and nondurable consumer goods and goods demanded relate to equipment and supplies to support manufacturing, which of the following stages of Rostow’s five-stage model of economic growth is the country in? 
A. The traditional society
B. Drive to maturity
C. Preconditions for takeoff
D. Takeoff
E. The age of mass consumption

 

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more