WGUlD174lFinallGuidel(Newl2025/l2026l
Update)lMarketinglManagementl|lQsl&lAs|l
GradelA|l100%lCorrectl(VerifiedlAnswers)
QUESTION
4lproductlissueslfacinglinternationallmarketers
Answer:
1.lquality
2.lfittinglthelproductltolthelculture
3.lbrandlstrategy
4.lcountrylofloriginl(effect)
QUESTION
6lC'sloflChannellStrategy
Answer:
cost,lcapital,lcontrol,lcoverage,lcharacter,lcontinuity
QUESTION
onelworldlprice
Answer:
thelcompanylassignslonelpricelforlitslproductslinleverylgloballmarket
QUESTION
locallmarketlconditionslprice
,Answer:
Companylassignslpricelbasedlonllocallmarketlconditionslwithlminimallconsiderationlforlthelact
uallcostloflputtinglthelproductlintolthelmarket.
QUESTION
cost-basedlprice
Answer:
costl+lmarkup
QUESTION
pricelescalation
Answer:
Considerablelquandarylforlcompanieslinlgloballmarketinglislthatlthelcostslofldoinglbusinessl>lt
hanlinltheirlhomelmarket
QUESTION
4lforceslthatldrivelhigherlcostslinlgloballmarkets
Answer:
1.lProductlexportlcosts
2.lTariffs,limportlfees,ltaxes
3.lExchangelratelfluctuations
4.lMiddlemenl<ransportationlcosts
QUESTION
dumping
,Answer:
Sellinglgoodslinlanotherlcountrylbelowlmarketlprices
QUESTION
graylmarket
Answer:
unauthorizedldiversionloflbrandedlproductslintolgloballmarkets;ltheseldistributorsldivertlproduct
slfromllow-priceltolhigh-pricelmarkets
QUESTION
MISl(marketinglinformationlsystem)
Answer:
reallylanl"informationlbank"lwhereldatalrelevantltolthelcompany'slmarketingleffortslarelcollecte
dl&lstoredluntillsuchltimelaslmanagementlneedsltol"withdraw"lthem.
QUESTION
Internallsourcesloflinformation
Answer:
Customerlorderl-CRM
Customerlpayments
Marketinglplans
Salespersonlinformationlsystems
Customerlinquiries
QUESTION
Externallforceslaffectlmarketingldecisions
, Answer:
Economiclconditions
naturallworld
competition
political/legal
technologyltransformations
demographicsl(populationloflinterest,lethniclgroups,lgeographiclchanges)
QUESTION
MarketlResearchlProcess
Answer:
1.lDefinelthelproblem
2.lDesignlthelresearch
3.lConductlthelresearch
4.lAnalyzeltheldata
5.lAddresslthelproblem
6.lReportlthelfindings
QUESTION
Challengeslwithlmarketlresearchlinlgloballmarkets
Answer:
datalislmoreldifficultltolgetlandlunderstandlthanldomestic
QUESTION
GDPRl(GenerallDatalProtectionlRegulation)
Answer:
NewlEuropeanlUnionllawlonldatalprotectionlandlprivacylforlindividuals.
6lcriteria:
Update)lMarketinglManagementl|lQsl&lAs|l
GradelA|l100%lCorrectl(VerifiedlAnswers)
QUESTION
4lproductlissueslfacinglinternationallmarketers
Answer:
1.lquality
2.lfittinglthelproductltolthelculture
3.lbrandlstrategy
4.lcountrylofloriginl(effect)
QUESTION
6lC'sloflChannellStrategy
Answer:
cost,lcapital,lcontrol,lcoverage,lcharacter,lcontinuity
QUESTION
onelworldlprice
Answer:
thelcompanylassignslonelpricelforlitslproductslinleverylgloballmarket
QUESTION
locallmarketlconditionslprice
,Answer:
Companylassignslpricelbasedlonllocallmarketlconditionslwithlminimallconsiderationlforlthelact
uallcostloflputtinglthelproductlintolthelmarket.
QUESTION
cost-basedlprice
Answer:
costl+lmarkup
QUESTION
pricelescalation
Answer:
Considerablelquandarylforlcompanieslinlgloballmarketinglislthatlthelcostslofldoinglbusinessl>lt
hanlinltheirlhomelmarket
QUESTION
4lforceslthatldrivelhigherlcostslinlgloballmarkets
Answer:
1.lProductlexportlcosts
2.lTariffs,limportlfees,ltaxes
3.lExchangelratelfluctuations
4.lMiddlemenl<ransportationlcosts
QUESTION
dumping
,Answer:
Sellinglgoodslinlanotherlcountrylbelowlmarketlprices
QUESTION
graylmarket
Answer:
unauthorizedldiversionloflbrandedlproductslintolgloballmarkets;ltheseldistributorsldivertlproduct
slfromllow-priceltolhigh-pricelmarkets
QUESTION
MISl(marketinglinformationlsystem)
Answer:
reallylanl"informationlbank"lwhereldatalrelevantltolthelcompany'slmarketingleffortslarelcollecte
dl&lstoredluntillsuchltimelaslmanagementlneedsltol"withdraw"lthem.
QUESTION
Internallsourcesloflinformation
Answer:
Customerlorderl-CRM
Customerlpayments
Marketinglplans
Salespersonlinformationlsystems
Customerlinquiries
QUESTION
Externallforceslaffectlmarketingldecisions
, Answer:
Economiclconditions
naturallworld
competition
political/legal
technologyltransformations
demographicsl(populationloflinterest,lethniclgroups,lgeographiclchanges)
QUESTION
MarketlResearchlProcess
Answer:
1.lDefinelthelproblem
2.lDesignlthelresearch
3.lConductlthelresearch
4.lAnalyzeltheldata
5.lAddresslthelproblem
6.lReportlthelfindings
QUESTION
Challengeslwithlmarketlresearchlinlgloballmarkets
Answer:
datalislmoreldifficultltolgetlandlunderstandlthanldomestic
QUESTION
GDPRl(GenerallDatalProtectionlRegulation)
Answer:
NewlEuropeanlUnionllawlonldatalprotectionlandlprivacylforlindividuals.
6lcriteria: