Exam 13: Products and Services for Businesses

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The perception of quality rests soley with the quality inspector.

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What is the chief reason that most U.S.business services companies enter the international market?

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In the Rostow economic development model,Stage 5 countries purchase the highest technology products and services most from Stage ________ (#)countries.

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The U.S.Congress and businesses have been resisting conversion to the metric system fearing

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Research has shown that after-sales services are crucial in building customer loyalty and maintaining company reputation.What is another key reason that after-sales services should receive particular attention of top management?

(Multiple Choice)
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To be competitive in today's global markets,the concept of total quality management (TQM)must be part of all MNCs' management strategy,and TQM starts with:

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McDonald's Hamburger University is known for having one of the finest (and most famous)international customer training facilities in the world.This is part of McDonald's __________________ when dealing with international customers.

(Multiple Choice)
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Services are an important element for U.S.exports.The main product U.S.businesses export is:

(Multiple Choice)
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Hosea always lets his customers know when changes are being made and calls on his customers regularly.As part of relationship marketing,Hosia is building ______________ with customers.

(Multiple Choice)
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According to the text recent studies have demonstrated that perceptions of industrial product quality also can vary across per capital income levels.

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Adam Thomas' company has just invented a product that will reduce the time it takes to construct a new home by one-third.However,his company's product is not doing well in third world countries.The reason is probably that laborsaving features are of little importance when time has limited value and labor is plentiful.

(True/False)
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With respect to the major categories of U.S.exports in the services sector,__________ leads all other categories of exports.

(Short Answer)
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Stage 1 in the Rostow economic growth model is classified as the ________ society where industrial demand is associated with natural resource extraction.

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One of the key functions of global account managers revolve around the notion of __________.

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With respect to Rostow's five-stage model of economic development,countries in Stage 5 (the age of mass consumption)are mostly service economies.

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ISO 9000 concerns the:

(Multiple Choice)
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Which of the following is considered to be an important competitive tool in Europe?

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Along with industrial goods,the most rapidly growing sector of U.S.international trade today consists of:

(Multiple Choice)
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Relationship marketing is particularly important in international markets where ______ dictates strong ties between people and companies.

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One factor contributing to the greater similarity among industrial goods customers than among consumer goods customers is the motive or intent of the user.

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