Mkt 310 Study guides, Class notes & Summaries

MKT 310 MSU Exam 1 Questions & Answers 2024/2025 globalization - ANSWERSthe shift toward a more integrated and interdependent world economy globalization of markets - ANSWERSmerging of historically distinct and separate national markets into one huge global marketplace what are the most global of markets? - ANSWERSmarkets for industrial goods and materials. ex: aluminum, oil, wheat what assets to firms bring with them have served them well in other national markets? - ANSWERSthe...

3 implications of international business flow -ANSWER 1. develop cross cultural literacy 2. the connection between culture and national competitive advantage 3. connection between culture and ethics in decision making cross cultural literacy -ANSWER understanding how the culture of a country affects the way business is practiced how to advice cross cultural literacy? -ANSWER -ensure home country executives are well versed enough to understand how differences in cultures affects the prac...

MKT 310 Final Exam Questions with 100% Correct Answers | Verified | Updated 2024 1. In an experiment, which of the following variables would probably not be the dependent variable? a. total sales b. market share c. advertising d. percent increase in market penetration e. All of these would probably be dependent variables. - answeradvertising 1. The "treatment" is also referred to as which of the following? a. increase in sales b. change in market share c. gross margin d. independe...

MKT 310 Final Exam Questions with 100% Correct Answers | Verified | Updated 2024 1. In an experiment, which of the following variables would probably not be the dependent variable? a. total sales b. market share c. advertising d. percent increase in market penetration e. All of these would probably be dependent variables. - answeradvertising 1. The "treatment" is also referred to as which of the following? a. increase in sales b. change in market share c. gross margin d. independe...

ITM 310-BSU Exam b Questions & Answers 2024/2025 CAPTCHA: - ANSWERSa test created by software developers that the visitor must pass before continuing to register or enter the site; designed to thwart software bots. BI: - ANSWERSinfo managers use to make decisions, drawn from the company's own IS or external sources: warehouses, internal data, transactional databases. Analysis approaches for BI include: - ANSWERSPredictive, OLAP, MKT basket analysis Predictive analytics: - ANSWERSD...

classical trade theories - ANSWER1. mercantilism 2. absolute advantage principle 3. comparative advantage principle 4. factor proportions theory 5. international product cycle theory mercantalism - ANSWER-int. trade perspective in 1500's -ideal situation is to run a trade surplus (export>import) -neo-mercantilism: labor unions (protect jobs), farmers (keep prices high) absolute advantage principle - ANSWER-country only benifits by producing products in which it has an absolute ad...

The least flexible element of a retailer’s strategy mix is ________. The first step in choosing a store location is to ________. A trading area can best be defined as ________. A major benefit of a trading-area analysis is that it allows a retailer to determine ________. A major benefit of a thorough trading-area analysis is that it allows a retailer to ________. The determination of trading-area overlap is most important for ________. A proposed location for a supermarket chain is within thre...

1) A retailer structures and assigns tasks, policies, resources, authority, responsibilities, and rewards through ________. A) a retail organization B) human resource management C) an organization chart D) job enlargement Answer: A Diff: 1 Page Ref: 310 Skill: Terminology/Concept 2) A disadvantage of delegating a retail task to another party is ________. A) that the designated party may be able to automate the task B) that the target market may not desire the task C) the loss of control over the...

MKT 310 syllabuscbfall 2019 Online complete solutions

MKT 310 Week 7 Quiz 5 2020 A retailer structures and assigns tasks, policies, resources, authority, responsibilities, and rewards through ________. A disadvantage of delegating a retail task to another party is ________. In specialization, each employee is responsible for ________. A major advantage of specialization is ________. A job description contains an outline of ________. A functional classification for a car dealer would classify jobs into which of the following divisions? A product cla...