Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

21)Marketing managers for a firm that has adopted a cost leadership strategy will tend to _____________. emphasize the quality of the firm's products focus on

21)Marketing managers for a firm that has adopted a cost leadership strategy will tend to _____________.

emphasize the quality of the firm's products

focus on showing how unique the firm's product is

use channels of distribution that are exclusive

sell to limited segments of the market

use marketing efforts that advertise the low price of products

22)Which of the following companies will be least suited for an open account (credit) transaction by a United States exporter?

a subsidiary of Chevron oil company in Africa

Citivision PLC, Blockbuster's subsidiary in the United Kingdom

an independently-owned software company in Brazil

Canadian subsidiary of Chrysler corporation

Unilever PLC in the United Kingdom

23)A(n) _____________ strategy requires marketing managers to develop products and pricing, promotional, and distribution tactics that make the firms' products or services unique from those of its competitors in the eyes of customers.

differentiation

cost leadership

focus

multicultural

24)An international firm that follows a polycentric approach to international marketing will use a ______________ policy.

cost-leadership pricing

two-tiered pricing

standard pricing

customized pricing

market pricing

25)An example of a typical ______________ is one formed in 2000 among Intel, Micron Technology, Samsung, Hyundai, NEC, and Siemens to develop the next generation of DRAM chips.

production alliance

marketing alliance

comprehensive alliance

R&D alliance

cultural alliance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Capital Markets Institutions And Instruments

Authors: Frank J. Fabozzi, Franco Modigliani

4th Edition

0136026028, 9780136026020

More Books

Students also viewed these Finance questions