GB 350 FINAL EXAM FROM THE UNIVERSITY OF MISSISSIPPI (OLE MISS) WITH PROFESSOR CASICO, FEATURING 300 ACCURATE AND VERIFIED QUESTIONS COVERING MARKETING PRINCIPLES, CONSUMER BEHAVIOR, MARKET STRATEGY, AND BRANDING.

GB 350 FINAL EXAM FROM THE UNIVERSITY OF MISSISSIPPI (OLE MISS) WITH PROFESSOR CASICO, FEATURING 300 ACCURATE AND VERIFIED QUESTIONS COVERING MARKETING PRINCIPLES, CONSUMER BEHAVIOR, MARKET STRATEGY, AND BRANDING.
Question : Until recently, Streamlined Boat Company has
made two types of boats: fishing boats and pontoon boats.
However, Streamlined performed interviews with a
sample of its current customers, and found that many of
these customers would be interested in buying speed
boats as well. After hearing this, Streamlined decided to
make speed boats to sell to its current customers. What
type of strategic alternative from Ansoff's matrix does
this decision represent?
Correct answer: Product Development

Question : Johnson Tire Company, a United States
manufacturer, is trying to develop business in a foreign
country. While the potential customers in this foreign
country are interested in doing business with Johnson Tire
Company, part of the cultural norms for business practice
in that country involved Johnson giving money to the
government as a "good faith" effort. This money would
not be related to any business transaction in the country,
and would be considered a bribe per US regulations.
Which law prohibits this type of interaction?
Correct answer: Foreign Corrupt Practices Act (FCPA)
Question : The _______ pricing objective category
requires little planning and is considered a passive pricing
objective category.
Correct answer: Status Quo
Question : David lives in Laguna Beach CA. He's having
a small gathering at his house this weekend and would
like to have a crawfish boil. However live crawfish are
only available in certain areas of the country mainly near
the gulf coast. Based on the lecture on overcoming 

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