Team 1: Jillian Crawford, Emily Dorris, and Jennifer Parsley MKT 4358 Quiz Chapter 1 1. All of the following are stages that describe a company’s level of international marketing involvement EXCEPT: a. b. c. d. e. Global Marketing International Marketing Regular Foreign Marketing Limited Foreign Marketing None of the above 2. Global awareness is a frame of reference that embodies______. a. b. c. d. Tolerance of cultural differences Knowledge of cultures and history Knowledge of world market potentials and global economic, social, and political trends All of the above are correct 3. The most effective way to control the influence of ethnocentrism and the SRC is to: a. b. c. d. Learn at least two foreign languages to understand the cultural differences. Reduce interaction with culturally diverse audiences. Recognize their effects on our behavior Ask for a second opinion in a decision-making scenario. 4. Which of the following statements is true regarding Regular Foreign Marketing? a. Companies treat the world, including their home market, as one market. b. The primary focus of operations and production is to service domestic market needs. c. Sales may be made to trading companies as well as foreign customers who directly contact the firm. d. Companies in this stage seek markets all over the world and sell products that are a result of planned production for markets in various countries. 5. _____ is the most challenging and important task confronting international marketers. a. b. c. d. e. Dealing with politics International branding Cultural adjustment Caring for the environment None of the above 6. At the global marketing level, market segmentation decisions are defined by: a. b. c. d. National borders Domestic demand Income levels and usage patterns Both a and b 7. The primary obstacles to success in international marketing are: a. b. c. d. e. Political and legal forces Competitive and economic forces A person’s self-reference criterion and an associated ethnocentrism Both a and b None of the above 8. Which of the following is the most critical difference between domestic marketing and international marketing? a. b. c. d. The change in corporate objectives The change in marketing goals The different concepts of marketing The environment in which marketing plans must be implemented 9. Which of the following are considered domestic environment uncontrollables? a. b. c. d. e. Political and legal forces Level of technology The economic climate Competitive and economic forces All of the above 10. _____ is an unconscious reference to one’s own cultural values, experiences, and knowledge as a basis for decisions. a. b. c. d. Ethnocentrism Self-reference criterion Cognitive bias None of the above Answer Key: 1. d 2. d 3. c 4. b 5. c 6. c 7. c 8. d 9. e 10. b