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12 Cards in this Set

  • Front
  • Back

Reasons for product firms to market internationally?

Growing sales and profits, gaining exposure to more customers, extending product life cycles

ISO 9000 was originally designed to meet__

Product quality assurance in purchasing agreements

The most significant environmental factor affecting international market for industrial goods and services is?

Industrialization

What is derived demand ?

Demand dependent on another source

Which countries has successfully moved from being cheap labor sources to becoming idustrialized nations?

(All the above) South Korea, Hong Kong, Singapore, Taiwan

What are the five stages of economic development?

Traditional Society


Preconditions For takeoff


Takeoff


Drive to maturity


The age of mass consumption

Trade shows are a crucial part of _____ Marketing.

B2B

An important dimension o quality for buyers is?

How well a product or service meets the specific need of the buyer

What is the most serious threat to the continued expansion of the international services trade?

Protectionism

Why does Japanese firms often get the business from South Korean and other Asian business people comparing to American firms?

Because they have out standing after sale service

What is the first and foremost characteristic of the buyer in a B2B transaction?

To Make Profit

What is the price-quantity relationship?

An important factor in marketing developing economies. " the more you pay for something the higher quality it is"