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Global Marketing, 6e (Keegan/Green)
Chapter 6 Global Information Systems and Market Research
1) One component of a firm's MIS is a business intelligence (BI) network that helps managers make decisions; one of its major objectives is to enable manipulation of the data obtained by interactive access.
Answer: TRUE
Diff: 1 Page Ref: 171
2) Intranet is a private network that allows authorized company personnel or outsiders to share information electronically in a secure fashion.
Answer: TRUE
Diff: 2 Page Ref: 172
AACSB: Use of IT
3) EDI links with vendors to enable retailers to improve inventory management and restock
hot-selling products in a timely, cost-effective manner.
Answer: TRUE
Diff: 2 Page Ref: 172
AACSB: Use of IT
4) ECR is a joint initiative by members of the supply chain to work towards improving and optimizing aspects of the supply chain to benefit managers.
Answer: FALSE
Diff: 2 Page Ref: 172-173
AACSB: Use of IT
5) Supply chain innovations, such as radio frequency identification tags (RFID), are likely to provide increased momentum for ECR.
Answer: TRUE
Diff: 2 Page Ref: 172-173
AACSB: Use of IT
6) CRM tools allow companies like Credit Suisse, AT&T, and Hewlett-Packard to determine which customers are most valuable and to react in a timely manner with customized products and service offerings that closely match customer needs.
Answer: TRUE
Diff: 2 Page Ref: 173
AACSB: Use of IT
7) In the EU companies that use CRM to collect data about individual consumers must satisfy the regulations in each of the member countries.
Answer: TRUE
Diff: 2 Page Ref: 173
AACSB: Use of IT
8) The term "safe harbor agreement" applies to privacy issues pertaining to the companies that gather information about consumers.
Answer: TRUE
Diff: 2 Page Ref: 173-174
AACSB: Reflective Thinking
9) Direct sensory perception such as seeing, feeling, hearing, smelling, or tasting is the best way to know what is going on in a country rather than taking information from secondary sources. Answer: TRUE
Diff: 2 Page Ref: 175
AACSB: Reflective Thinking
10) Market research is the project-specific, systematic gathering of data and is the activity that links the consumer, customer, and public to the marketer through information.
Answer: TRUE
Diff: 2 Page Ref: 176
AACSB: Reflective Thinking
11) Market research may prevent psychological overload that may be faced by a company entering more than one new geographic market.
Answer: TRUE
Diff: 2 Page Ref: 176
AACSB: Reflective Thinking
12) The first step in global marketing research is the collection of data.
Answer: FALSE
Diff: 2 Page Ref: 176
AACSB: Reflective Thinking
13) Market research should focus on finding out how a potential customer can be changed into an actual customer.
Answer: TRUE
Diff: 2 Page Ref: 178
AACSB: Reflective Thinking
14) Mattel toys thought that Barbie would be as popular in Japan as it is the United States. This assumption was due to the self-reference criterion (SRC).
Answer: TRUE
Diff: 2 Page Ref: 180
AACSB: Reflective Thinking
15) An awareness of SRC can help ensure that the research effort is designed with minimal home-country or second-country bias.
Answer: TRUE
Diff: 2 Page Ref: 180
AACSB: Reflective Thinking