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Page 26
Question
When asked where Laser Tools, Inc., markets its products, company president and founder
Roger Helms says that "the world is just one big market." He feels anyone not taking this
stance is systematically passing up profitable business. Helms's international marketing
strategy is
best
described as
Answer
customization of marketing.
globalization of marketing.
limited exporting.
full-
scale international marketing.
export agenting.
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Question 110
Multiple Choice
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Organizations that employ standardized products, promotion campaigns, and prices for all
markets are practicing what is known as
Answer
customization.
internationalization.
globalization.
regionalization.
nationalization.
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Question 111
Multiple Choice
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Selling products that are not in demand in all world markets, such as hand-powered washing
machines for use in countries where electricity is not universally available, represents an
international marketing strategy focusing on
Answer
internationalization.
culturalization.
nationalization.
globalization.
customization.
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Question 112
Multiple Choice
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Standardizing many Nike and Adidas shoe models worldwide is an example of
Answer
globalization.
customization.
nationalization.
culturalization.
internationalization.
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Question 113
Multiple Choice
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Levi Strauss markets its denim jeans in many countries and develops its marketing strategy


Page 27
as if the world were a single market. This approach to selling a standardized product in all
countries represents which type of international marketing?
Answer
Exporting
Accidental exporting
Limited exporting
Licensing
Globalization of markets
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Question 114
Multiple Choice
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Globalization of markets requires developing marketing strategies as if the world were one
market. Which of the following marketing mix variables is
most
difficult to standardize for
globalization?
Answer
Brand name
Package
Media allocation
Labels
Product characteristics
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Question 115
Multiple Choice
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Swiss-based Nestlé has taken a global approach to marketing its chocolate products. Which
of the following is
most
easily standardized?
Answer
Product
Promotion
Distribution
Advertising
Price
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Question 116
Multiple Choice
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When Smithson Graphics decided to go international with its marketing effort, it adopted a
global approach. Which factors did SG
most likely
experience difficulty as the firm applied a
global strategy for marketing?
Answer
Branding
Product characteristics
Packaging
Labeling
Advertising
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Question 117
Multiple Choice
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Harley-Davidson Motors manufactures all of its motorcycles in the U.S. at one of four sites.
With a large number of its bikes sold in markets all around the world, it still retains the


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