INTERNATIONAL Flashcards

(38 cards)

1
Q

Vital in creating the right marketing strategy through effective marketing tactics.

A

EXTENDED MARKET MIX

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2
Q

Is the practice of dividing the entire market

A

Market Segmentation

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3
Q

Is a process of selecting the target market.

A

market targeting

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4
Q

Refers to the segment the company wants to serve

A

target market

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5
Q

Is a strategic tool used to establish the image of a brand or product in the minds of the consumer.

A

Market Positioning

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6
Q

The commodity or good produced or manufactured to satisfy wants and needs of consumers.

A

Product

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7
Q

The amount that customers pay so they can have and enjoy.

A

Price

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8
Q

Moving products from the producer to the intended user

A

Place

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9
Q

-It is the most expensive and essential component of the marketing mix.
-helps the company to acquaint the customers with the product and publicize it and publicize it and its features to the public.

A

Promotion

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10
Q

-the most important resource of a company

A

People

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11
Q

Refers to the flow of activities or mechanism that takes place where there is in an interaction between the customers and the business.

A

Process

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12
Q

Are the creation of products that are tangible, that customers could really feel and own.

A

Technological Processes

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13
Q

Are actual distribution of sales to customers and the reactions of the customers.

A

Direct activities

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14
Q

Are support that happened before, during or after the service has been given

A

Indirect Activities

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15
Q

Refers to the physical environment experienced by the customer.

A

Physical Evidence

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16
Q

Also called moral philosophy, is a discipline, a branch of philosophy, that seeks virtue.

17
Q

Imposes burdens on people who are no different from those on whom the burdens are not

A

Discrimination

18
Q

Gives benefits to some people without a justifiable reason for singling them out.

19
Q

Refers to all the essential systems and facilities needed for the smooth flow of a country’s day-to-day activities.

A

Infrastructure

20
Q

Are the links between sellers and buyers in both domestic and international marketing.

A

Distribution channels

21
Q

Are the middlemen that link sellers and buyers.

A

marketing intermediaries

22
Q

is based in a single home country.
with no foreign direct investment in other countries

A

international/export marketing

23
Q

Operate in more than one country, having foreign direct investment in all of them.

A

multinational companies

24
Q

is the set of moral rules, principles, and standards that govern how businesses operate.

A

business ethics

25
-which action results in the most good and least harm
utilitarian approach
26
Which action respects the rights of everyone involved
rights-based approach
27
which action contributes most to the quality of life of the people affected
Common Good Approach
28
which action embodies the character that strengthens value
Virtue Approach
29
Identifies the relevant factors from the external environment that are to be dealt with by international marketers.
pestle analysis
30
refers to all the institutions that help maintain a healthy economy.
Soft infrastructure
31
makes up all the assets that are defined by the government as being crucial to the functioning of an economy.
Critical infrastructure
32
covers all the physical systems crucial to running a modern, industrialized economy
Hard Infrastructure
33
is considered as the world's largest exporter and importer.
china
34
common practice by going through international marketing intermediaries
Indirect Exporting
35
Five Forces Model
1. Threat of new entrants 2. Threat of Substitutes 3.Bargaining Power of Buyers 4.Bargaining Power of suppliers 5.Rivalry among existing competitors
36
ECONOMIC FACTORS THAT AFFECT INTERNATIONAL MARKETING
* Inflation * Purchasing Power * Interest Rates * Income * Employment Level * Taxes * State of the Economy *Infrastructure * Demand and Supply *Allocation of Government Budget * Economic Integration
37
FOREIGN INVESTMENT MODES IN THE PHILIPPINES
a. by establishing a domestic branch office or operation; b. by establishing a Philippine representative office; c. by operating through a business association in the Philippines; d. by operating through a local subsidiary e. by establishing an affiliate in the Philippines.
38
TYPES OF INFRASTRUCTURES
*roads, * water supply, *power and energy, *transportation, *telecommunication, *health infrastructure, *educational infrastructure, * recreational infrastructure, *political infrastructure.