Exam 11: International Pricing

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Intensive distribution is an international marketing strategy in which products are distributed through as many wholesalers and retailers as possible.

(True/False)
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Hofstede's cultural dimensions play an important role in international negotiations.

(True/False)
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A letter of credit is issued by a producer to a customer to indicate how much credit is available on a particular account.

(True/False)
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The practice of distributing products through distribution channels that were not authorized by the marketer of the product is which of the following?

(Multiple Choice)
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Upstream activities concentrate on sending a product or supplies to another channel member,usually for resale.

(True/False)
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Which of the following are firms that represent importers/exporters in dealings with customs,including obtaining and submitting all documents for clearing merchandise through customs,arranging inland transportation,and paying all charges related to these functions?

(Multiple Choice)
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Political,geographical,economic,and cultural differences influence international distribution decisions.

(True/False)
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Parallel importing is a gray market process in international marketing.

(True/False)
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When a Japanese middleman company purchases towels from a company in England and resells them,the Japanese company is a(n):

(Multiple Choice)
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A freight forwarder provides shipping,documentation,customs clearance and brokerage,consolidation,storage,and insurance for international marketers.

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What type of vertical integration involves manufacturers establishing wholesale distribution systems or company-owned retail outlets?

(Multiple Choice)
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List and describe the key elements of managing international distribution channels as discussed in the text.Illustrate how each of these elements affects international distribution decisions.

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Which of the following is not a key element involved with managing international distribution channels?

(Multiple Choice)
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The knowledge that Al Tayer Group has about the industry represents a form of which kind of channel power?

(Multiple Choice)
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International distribution is the process by which products and services flow between producers,companies that act as intermediaries,and consumers,and that includes the transfer of ownership.

(True/False)
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When a company uses a strategy of using only a limited number of channel intermediaries in the international program,they are using which of the following?

(Multiple Choice)
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What type of vertical integration occurs when a marketer develops or acquires its own wholesale distribution system?

(Multiple Choice)
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Which of the following types of middlemen do not take title or ownership of the products that they handle?

(Multiple Choice)
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International marketers use direct strategies when they sell a product directly to their customers without the use of intermediaries.

(True/False)
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Channel captains coordinate the marketing tasks provided by channel members.

(True/False)
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