Test yourself by working through the chapter quiz.
1. In the aftermath of World War II acute product shortages made it unnecessary for firms to engage in international marketing activities. True/False?
True
False
Answer:
a. True
2. Which of the following is a trend that global marketers will have to contend with in the post-2005 period?
Rise of the developing country consumer
New business technologies
A shift in the balance of economic power to a diverse group of developing countries and away from the Triad
All of the above
(a) and (b) only
Answer:
d. All of the above
3. Which of the following is a soft skill relevant to global marketers?
Ability to work under pressure
Ability to set global product prices
Ability to forecast exchange rates
Ability to assess the host country political environment
Answer:
a. Ability to work under pressure
4. Global marketing managers may be required to unlearn the decision-making routines that may have worked well in the firm’s domestic operations in favor of new routines geared to foreign markets. True/False?
True
False
Answer:
a. True
5. Research has shown that intuition is not relevant to the decisions made by the global marketing manager. True/False?
True
False
Answer:
b. False
To enhance your experience on our site, SAGE stores cookies on your computer. By continuing you consent to receive cookies. Learn more. Close