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2007 FINAL YEAR EXAMINATION PAPER

BM3309 INTERNATIONAL MARKETING

ASTON UNIVERSITY

BSc with Honours in Accounting for Management


BSc with Honours in Business and Management
BSc with Honours in International Business and Economics
BSc with Honours in International Business and Management
BSc with Honours in Managerial and Administrative Studies
BSc with Honours in Marketing
BSc in Combined Honours Business Administration

2007 FINAL YEAR EXAMINATION

BM3309 INTERNATIONAL MARKETING

Date 17th May 2007 Time 09.30

2 HOURS

CLOSED BOOK

Answer TWO questions only.

All questions carry equal marks.

Marks within questions are indicated.

Use a separate answer book for each


question.

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2007 FINAL YEAR EXAMINATION PAPER
BM3309 INTERNATIONAL MARKETING

Question One

One of the main challenges international marketers have to face is the


cultural differences that exist between home and host countries/markets.
Discuss, making sure that you:

a) Explain the benefits of researching the culture of the target foreign


market for international marketers. Please provide examples to
illustrate
(20 marks)

b) Briefly discuss four basic cultural


elements/characteristics/dimensions and their marketing
implications. Give examples.
(30 marks)

Question Two

Suppose you are the newly hired international marketing manager for a
specialist machine tool manufacturer in the UK considering
internationalisation.
Discuss:

a) three possible product strategies the company could use to exploit


the opportunities in the international markets, illustrate your answer
with examples .
(10 marks)

b) the premises and advantages of following a product standardisation


strategy versus a product adaptation strategy
(20 marks)

c) the circumstances under which mandatory product adaptation is


required. Illustrate your answer with examples
(20 marks)

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2007 FINAL YEAR EXAMINATION PAPER
BM3309 INTERNATIONAL MARKETING

Question Three

As opposed to distribution in domestic market, international marketers face


some unique challenges in making distribution channel decisions in
international markets.

a) Discuss these challenges, illustrating your answer with examples.


(25 marks)

b) Discuss three commonly used distribution strategies by international


marketers
(25 marks)

Question Four

Making right decisions on which market(s) to enter is a key challenge for


international marketers. The diversification strategy and the concentration
strategy are two different market choice strategies a company could follow.

a) Discuss the rationales behind following these two strategies. Please


illustrate your answer with examples.
(20 Marks)

b) Explain those factors companies need to consider when choosing between


the diversification strategy and the concentration strategy.
(30 Marks)

END OF PAPER

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