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True/False
Question
Strategies suggested in the Medium Term Export Plan include product-market penetration strategy for
existing products, product-market, diversification for new products & new markets.
Correct Answer
True
Your Answer
True
True/False
Question
"Selling, advertising and distribution" are included in export marketing.
Correct Answer
False
Your Answer
True
True/False
Question
Switzerland is among the top ten countries, which all together account for more than fifty percent of
India's total exports.
Correct Answer
False
Your Answer
True
True/False
Question
In international marketing, cultural dimensions include customs, traditions
Correct Answer
True
Your Answer
True
True/False
Question
The movement of goods across national borders is a major part of an international marketing strategy.
Correct Answer
False
Your Answer
True
True/False
Question
As regards imports into India, Germany is among the top ten suppliers accounting for over 60% of total
imports.
Correct Answer
True
Your Answer
False
True/False
Question
Major benefits of standardization includes less distribution cost of standardization.
Correct Answer
False
Your Answer
True
True/False
Question
Literature search is the quickest & cheapest way to collect information.
Correct Answer
True
Your Answer
True
True/False
Question
In international market, the existing of different legal systems makes the task of businessmen more
difficult.
Correct Answer
True
Your Answer
True
True/False
Question
In social & cultural factors, the researcher must consider the employment level & distribution of
income.
Correct Answer
False
Your Answer
False
Correct Answer When competitive position of the firm does not vary from market to market
Your Answer When competitive position of the firm does not vary from market to market
Multiple Choice Single Answer
Question In product planning for export, length is related to
Correct Answer Number of products
Your Answer Number of products
True/False
Question This question is based on the case study "Chow Flowers Co. Ltd.". Japan was
a net importer of artificial flowers until 1973, when it became a net exporter.
Correct Answer False
Your Answer False
Select The Blank
Question Some companies in developed countries move to foreign countries because
of certain regulations like________.
Correct Answer Environmental laws
Your Answer Environmental laws
Select The Blank
Question Liberalization era, started in ________, brought a swift change in the
economic & trade policy from inward-oriented approach to market-oriented
approach.
Correct Answer 1991
Your Answer 1991
Multiple Choice Multiple Answer
Question Which of the following are domestic channels?
Correct Answer Export houses , Export merchant
Your Answer EMC , Export broker
Multiple Choice Single Answer
Question What is the avenue of entry into foreign markets?
Correct Answer Contract manufacturing
Your Answer Contract manufacturing
Multiple Choice Single Answer
Question Which is the pull factor that makes firms go internationally?
International Marketing - 5
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False
Question
In international market, the existing of different legal systems makes the task of businessmen more
difficult.
Correct Answer
True
Your Answer
True
True/False
Question
Decision to enter export market should be final and it does not call for a roll-back
Correct Answer
True
Your Answer
True
True/False
Question
This question is based on the case study "Oriental Silk Pvt. Ltd.". Oriental Silk had adopted systematic
& modern office practices and was positively inclined towards professional & management styles.
Correct Answer
True
Your Answer
True
True/False
Question
In international marketing, cultural dimensions include customs, traditions
Correct Answer
True
Your Answer
True
True/False
Question
Major benefits of standardization includes less distribution cost of standardization.
Correct Answer
False
Your Answer
False
True/False
Question
The movement of goods across national borders is a major part of an international marketing strategy.
Correct Answer
False
Your Answer
False
True/False
Question
As regards imports into India, Germany is among the top ten suppliers accounting for over 60% of total
imports.
Correct Answer
True
Your Answer
True
True/False
Question
Strategies suggested in the Medium Term Export Plan include product-market penetration strategy for
existing products, product-market, diversification for new products & new markets.
Correct Answer
True
Your Answer
True
True/False
Question
In marginal cost pricing for export, competition in foreign markets requires quotation of a lower price
Correct Answer
True
Your Answer
True
International Marketing - 4
LIST OF ATTEMPTED QUESTIONS AND ANSWERS –International Marketiing
True/False
Question
Under an international management contracts, a company undertakes the day to day management of an
independent enterprise in a foreign target country
Correct Answer
True
Your Answer
False
True/False
Question
Adding additional products to the overseas even if the company does not carry those products
domestically - is an alternative for product development
Correct Answer
True
Your Answer
False
True/False
Question
As compared with EMC, export agents have greater freedom and authority.
Correct Answer
True
Your Answer
True
True/False
Question
Companies with smaller needs, an independent supplier will be less active.
Correct Answer
False
Your Answer
True
True/False
Question
In geocentric orientation, companies view different regions as different markets.
Correct Answer
False
Your Answer
True
True/False
Question
Licensing does not involve foreign investment
Correct Answer
True
Your Answer
True
True/False
Question
This question is based on the case study "Oriental Silk Pvt. Ltd.". Mr.Patnaik felt that it was high time
that he appraises his agents' performance relating to the vast & expanding US market.
Correct Answer
True
Your Answer
True
True/False
Question
Fairs are more useful for consumer products as it requires technical demonstration.
Correct Answer
False
Your Answer
True
True/False
Question
In marginal cost pricing, fixed costs are recovered from the international market
Correct Answer
False
Your Answer
False
True/False
Question Fairs are more useful for consumer products as it requires
technical demonstration.
Correct Answer False
Your Answer False
True/False
Question Exporting is the only avenue of entry into foreign market
Correct Answer False
Your Answer False
True/False
Question Under an international management contracts, a company
undertakes the day to day management of an independent enterprise in a
foreign target country
Correct Answer True
Your Answer False
True/False
Question As regards imports into India, Germany is among the top ten
suppliers accounting for over 60% of total imports.
Correct Answer True
Your Answer True
True/False
Question In international marketing, cultural dimensions include
customs, traditions
Correct Answer True
Your Answer True
True/False
Question This question is based on the case study "Oriental Silk Pvt.
Ltd.". Mr.Patnaik felt that it was high time that he appraises his agents'
performance relating to the vast & expanding US market.
Correct Answer True
Your Answer True
True/False
Question A research proposal describes a plan for conducting &
controlling research project.
Correct Answer True
Your Answer True
True/False
Question In international market, the existing of different legal
systems makes the task of businessmen more difficult.
Correct Answer True
Your Answer True
True/False
Question The area of change relates to product adaption requires
upgradation of technology and huge investment in brands.
Correct Answer True
Your Answer False
True/False
Question If foreign retailers are used, the products in question are
industrial products rather than consumer products.
Correct Answer False
Your Answer False
at 9:22 PM 0 comments Links to this post
Labels: International Marketing(Set-III)
International Marketing - 8
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Company provides engineering & construction services and other additional services
Turnkey construction contracts
Turnkey construction contracts
True/False
Question
Switzerland is among the top ten countries, which all together account for more than fifty percent of
India's total exports.
Correct Answer
False
Your Answer
False
True/False
Question
Decision to enter export market should be final and it does not call for a roll-back
Correct Answer
True
Your Answer
True
True/False
Question
Exporting is the only avenue of entry into foreign market
Correct Answer
False
Your Answer
False
Ethnocentric
Similar strategies
Similar strategies
Joint venture
Technology transfer
Tie-up
Contract manufacturing
Tie-up
Technology transfer
Foreign investment
Economic development
Setting own unit
True/False
Question
Catalogues contain a list of all competitors with product details.
Correct Answer
False
Your Answer
False
Multiple Choice Multiple Answer
Question
How should the product for indirect exporting be?
Correct Answer
Non-technical product , Consumer products
Your Answer
Non-technical product , Consumer products
True/False
Question
This question is based on the case study "Oriental Silk Pvt. Ltd.". Mr.Patnaik felt that it was high time
that he appraises his agents' performance relating to the vast & expanding US market.
Correct Answer
True
Your Answer
True
True/False
Question
The importers & exporters can obtain information relating to the markets & products from EDA
Correct Answer
True
Your Answer
True
True/False
Question
This question is based on the case study "Chow Flowers Co. Ltd.". Japan was a net importer of
artificial flowers until 1973, when it became a net exporter.
Correct Answer
False
Your Answer
False
True/False
Question
As regards imports into India, Germany is among the top ten suppliers accounting for over 60% of total
imports.
Correct Answer
True
Your Answer
True
True/False
Question
A research proposal describes a plan for conducting & controlling research project.
Correct Answer
True
Your Answer
True
International Marketing - 7
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False
Question
Catalogues contain a list of all competitors with product details.
Correct Answer
False
Your Answer
False
True/False
Question
The movement of goods across national borders is a major part of an international marketing strategy.
Correct Answer
False
Your Answer
False
True/False
Question
In social & cultural factors, the researcher must consider the employment level & distribution of
income.
Correct Answer
False
Your Answer
False
True/False
Question
In ethnocentric orientation, local and foreign market are same
Correct Answer
True
Your Answer
True
True/False
Question
If foreign retailers are used, the products in question are industrial products rather than consumer
products.
Correct Answer
False
Your Answer
False
True/False
Question
The main advantage of indirect method of exporting is "the manufacturer gives up control over the
marketing of it's products to another firm which doesn't hamper the success in future".
Correct Answer
False
Your Answer
False
True/False
Question
In polycentric approach, each country is treated as separate entity
Correct Answer
True
Your Answer
True
True/False
Question
Promotion-mix decision consists of product,price,distribution,promotion
Correct Answer
False
Your Answer
False
True/False
Question
Under an international management contracts, a company undertakes the day to day management of an
independent enterprise in a foreign target country
Correct Answer
True
Your Answer
True
True/False
Question
Licensing does not involve foreign investment
Correct Answer
True
Your Answer
True
True/False
Question Under a turnkey project, a company provides only
construction services to bring the project up to the point of operation
Correct Answer False
Your Answer False
True/False
Question This question is based on the case study "Chow Flowers Co.
Ltd.". The largest importer was the United States, absorbing over 40% of all
exports.
Correct Answer True
Your Answer True
True/False
Question The movement of goods across national borders is a major
part of an international marketing strategy.
Correct Answer False
Your Answer True
True/False
Question Adding additional products to the overseas even if the
company does not carry those products domestically - is an alternative for
product development
Correct Answer True
Your Answer True
True/False
Question In geocentric orientation, companies view different regions
as different markets.
Correct Answer False
Your Answer False
True/False
Question Promotion-mix decision consists of
product,price,distribution,promotion
Correct Answer False
Your Answer True
True/False
Question In marginal cost pricing for export, competition in foreign
markets requires quotation of a lower price
Correct Answer True
Your Answer True
True/False
Question Policies or regulations regarding quality control &
inspection vary considerably between nations.
Correct Answer True
Your Answer True
True/False
Question Catalogues contain a list of all competitors with product
details.
Correct Answer False
Your Answer False
True/False
Question High performers in terms of exports include electric fans,
B&W TV & precision tubes in 1998 - 2003.
Correct Answer False
Your Answer False
International Marketing - 10
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question The most evident advantage of ________ is a faster start in
the target country
Correct Answer Acquisition entry
Your Answer Acquisition entry
True/False
Question Decision to enter export market should be final and it does
not call for a roll-back
Correct Answer True
Your Answer True
True/False
Question Companies with smaller needs, an independent supplier will
be less active.
Correct Answer False
Your Answer True
True/False
Question This question is based on the case study "Oriental Silk Pvt.
Ltd.". Oriental Silk had adopted systematic & modern office practices and
was positively inclined towards professional & management styles.
Correct Answer True
Your Answer True
True/False
Question This question is based on the case study "Chow Flowers Co.
Ltd.". Japan was a net importer of artificial flowers until 1973, when it
became a net exporter.
Correct Answer False
Your Answer False
True/False
Question Strategies suggested in the Medium Term Export Plan include
product-market penetration strategy for existing products, product-market,
diversification for new products & new markets.
Correct Answer True
Your Answer True
True/False
Question This question is based on the case study "Oriental Silk Pvt.
Ltd.". Oriental preferred to conduct sales in the US market through agents.
Correct Answer False
Your Answer True
True/False
Question In marginal cost pricing, fixed costs are recovered from the
international market
Correct Answer False
Your Answer False
True/False
Question Licensing does not involve foreign investment
Correct Answer True
Your Answer False
True/False
Question Bargaining styles differ greatly across nations.
Correct Answer False
Your Answer True
True/False
Question "Selling, advertising and distribution" are included in
export marketing.
Correct Answer False
Your Answer True