International Marketing - 6

LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False
Question In international marketing, cultural dimensions include customs, traditions
Correct Answer True
Your Answer True
Select The Blank
Question ________ often buy direct from producers, their requirements of raw
materials, metals or components.
Correct Answer Industrial buyers
Your Answer Industrial buyers
True/False
Question Exporting is the only avenue of entry into foreign market
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question What are the techniques used to collect information regarding market need?
Correct Answer Marketing information , Research
Your Answer Marketing information , Research
Match The Following
Question Correct Answer Your Answer
Environmental factor Culture Export policy
Export merchants Take title to the goods Take title to the goods
Export agents Do not take title to goods Do not take title to goods
Factors in firm's differential
advantage
Selection, operation,
motivation of distribution
channels
Selection, operation, motivation
of distribution channels
True/False
Question Policies or regulations regarding quality control & inspection vary considerably
between nations.
Correct Answer True
Your Answer False

Select The Blank
Question In indirect export channel, the market is ________.
Correct Answer Dispersed
Your Answer Dispersed
Select The Blank
Question Support service includes ________
Correct Answer Warranty
Your Answer Warranty
Multiple Choice Multiple Answer
Question What are the main objectives of imposing trade barriers?
Correct Answer To protect domestic industries from foreign competition , To curb conspicuous
consumption
Your Answer To protect domestic industries from foreign competition , To curb conspicuous
consumption , To increase the foreign exchange resources of the country
Multiple Choice Single Answer
Question Which of the following is not included in foreign environment?
Correct Answer Local dimension
Your Answer Local dimension
Multiple Choice Single Answer
Question Who does benefit the most by doing advertising in international market?
Correct Answer Multinational corporation through their own subsidiaries in several markets
Your Answer Multinational corporation through their own subsidiaries in several markets
Select The Blank
Question ________ is one of the reasons to enter export market.
Correct Answer Recession in domestic market
Your Answer Recession in domestic market
True/False
Question Joint ventures will prosper only if the partner trust each other and
continuously support their common endeavor
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer

Question Ethnocentric orientation includes following things :-
Correct Answer Same products , Same strategies , Same home and foreign market
Your Answer Same products , Same strategies , Same home and foreign market
Multiple Choice Single Answer
Question What is the motivation towards offshore sourcing?
Correct Answer Establishing a presence in a foreign market
Your Answer Establishing a presence in a foreign market
Multiple Choice Multiple Answer
Question What does "currency used for billing" stand for?
Correct Answer Currency of the purchaser's currency , Leading international currency
Your Answer The currency of the purchaser , Currency of the purchaser's currency
Select The Blank
Question ________ extends finance to exporters of capital & manufactured goods.
Correct Answer Export-import bank
Your Answer ECGC
Multiple Choice Single Answer
Question What are the factors of joint-venture offshore manufacturing?
Correct Answer Investment, capital, management, technology, materials, payment and/or
parts, profit, fees
Your Answer Only technology/materials payment & product and/or parts
Multiple Choice Multiple Answer
Question What are the criteria for selection of channels?
Correct Answer Cost involved on the part of the firm for a particular channel , the behavior of
the competitors , Possibilities of getting appropriate feedback about
customers
Your Answer Cost involved on the part of the firm for a particular channel , Possibilities of
getting appropriate feedback about customers , Level of market potential
Select The Blank
Question This question is based on the case study "Oriental Silk Pvt. Ltd.". The bulk of
the trade was handled by ________
Correct Answer Central buying organizations
Your Answer Central buying organizations
Multiple Choice Single Answer

Question What is important to take pricing decision?
Correct Answer Competition
Your Answer Competition
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 The naïve rule is for managers to use the same entry mode such as
agent/distributor exporting, for all target countries
Correct Answer True
Your Answer True
Select The Blank
Question ________ sector registered a hundred percent growth from USD 0.89 billion
in 1998-99 to USD 1.9 billion in 2002-03.
Correct Answer Ores & Minerals
Your Answer Ores & Minerals
True/False
Question A research proposal describes a plan for conducting & controlling research
project.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question What does product-mix decision include?
Correct Answer Packaging
Your Answer Packaging
Multiple Choice Multiple Answer
Question What are the roles of price in the overall export marketing strategies?
Correct Answer Creating competitive market , Export enhancing , Affecting profit
Your Answer Creating competitive market , Export enhancing , Affecting profit
Multiple Choice Single Answer
Question It's worthwhile to pursue a uniform pricing strategy

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?

Correct Answer Profitability
Your Answer Profitability
Multiple Choice Single Answer
Question What does political environment include?
Correct Answer Legal dimension
Your Answer Legal dimension
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
Multiple Choice Multiple Answer
Question What is the purpose of using exploratory study?
Correct Answer To provide information to identify the most promising markets , Clarifying
concepts
Your Answer To provide information to identify the most promising markets , To give a
basic understanding of the proposal , To give all negotiated factors
Multiple Choice Multiple Answer
Question What are the internal sources of information?
Correct Answer Sales record , Correspondence from salesmen
Your Answer Sales record , Trade association , Correspondence from salesmen
Multiple Choice Multiple Answer
Question What are the advantages of direct exporting?
Correct Answer Greater control over foreign marketing plan , Quicker information feedbacks
on markets, competition
Your Answer Greater control over foreign marketing plan , Quicker information feedbacks
on markets, competition
Multiple Choice Single Answer
Question What are the aspects of globalization?
Correct Answer Products with competitive advantages
Your Answer Products with competitive advantages
Match The Following
Question Correct Answer Your Answer
Ethnocentric Similar strategies Similar strategies

Joint venture Technology transfer Technology transfer
Contract manufacturing Tie-up Tie-up
Foreign investment Economic development Economic development
Multiple Choice Single Answer
Question What can political factor do in market access?
Correct Answer The politics of international relations can play a role in creating or eliminating
tariff barriers
Your Answer The politics of international relations can play a role in creating or eliminating
tariff barriers
Select The Blank
Question Many companies modify their products/promotion strategies to suit ________
of the population of the different countries.
Correct Answer Tastes & preferences
Your Answer Tastes & preferences
Multiple Choice Single Answer
Question How will you recover the fixed/overhead costs in marginal cost pricing?
Correct Answer Can be recovered from domestic market
Your Answer Can be recovered from domestic market
Multiple Choice Multiple Answer
Question What could be attributed to the removal of trade restrictions in the process of
liberalization in agri & allied products?
Correct Answer Wheat , Sugar
Your Answer Wheat , Sugar
Multiple Choice Multiple Answer
Question This question is based on the case study "Oriental Silk Pvt. Ltd.". Which are
the two years the imports of silk fabrics from Japan by USA was almost
same?
Correct Answer 1982 , 1983
Your Answer 1982 , 1983

International Marketing - 5

LIST OF ATTEMPTED QUESTIONS AND ANSWERS



Multiple Choice Single Answer
Question
This question is based on the case study 'AB Enterprises'. What was the initial problem faced by the importers?
Correct Answer
Defect in packaging material
Your Answer
Defect in packaging material

Multiple Choice Multiple Answer
Question
What are the points which support to use marginal cost for export pricing?
Correct Answer
Low prices may serve to widen & create markets , Manufacturer's product may be not well known in foreign market
Your Answer
Manufacturer's product may be not well known in foreign market , Low prices may serve to widen & create markets

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

Multiple Choice Single Answer
Question
What is the purpose of doing international promotion?
Correct Answer
To bring a product to the notice of potential buyers
Your Answer
To bring a product to the notice of potential buyers

Multiple Choice Single Answer
Question
Why should market researcher identify segments?
Correct Answer
They can arrive at a more accurate estimate of its potential consumption & sales
Your Answer
They can arrive at a more accurate estimate of its potential consumption & sales

Select The Blank
Question
Literature search is also called ________.
Correct Answer
Desk research
Your Answer
Desk research

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

Select The Blank
Question
In indirect export channel, the market is ________.
Correct Answer
Dispersed
Your Answer
Dispersed

Multiple Choice Multiple Answer
Question
What are the contents of a research proposal?
Correct Answer
Purpose & scope , Research approach
Your Answer
Problem formulation , Purpose & scope

Match The Following
Question
Correct Answer
Your Answer
Special conditions
Product redesign or invention
Change in tolerances
Availability of other products
Greater or lesser product integration
Realizing of product
Availability of materials
Change in product structure & fuel
Product redesign or invention
Power availability
Realizing of product
Change in product structure & fuel

True/False
Question
If business is variable, the company will choose the purchasing or subcontracting alternatives.
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

Multiple Choice Single Answer
Question
What are the reasons of entry in foreign market?
Correct Answer
Recession in the domestic market
Your Answer
Recession in the domestic market

True/False
Question
In international marketing, cultural dimensions include customs, traditions
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
As per the WTO Report 2002, what was the position of India in the world?
Correct Answer
Next to only China
Your Answer
Next to only China

Multiple Choice Multiple Answer
Question
What is the meaning of research objective?
Correct Answer
The research purpose , A precise statement of what information is needed
Your Answer
The research purpose , A precise statement of what information is needed

Select The Blank
Question
This question is based on the case study "Oriental Silk Pvt. Ltd.". Oriental Silk Private Limited, is a ________ unit, was one of the leading Indian manufacturers & exporters of silk fabrics & made-ups
Correct Answer
100% export oriented
Your Answer
100% export oriented

Multiple Choice Single Answer
Question
"To survive in the market is difficult" what is this related to?
Correct Answer
Competition
Your Answer
Competition

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

Select The Blank
Question
________ banks also have good deal of information on commercial agents in various countries.
Correct Answer
International Merchant
Your Answer
International Merchant

Multiple Choice Multiple Answer
Question
This question is based on the case study "Chow Flowers Co. Ltd.". Which of the followings were large exporters of artificial flowers?
Correct Answer
Hong Kong , Taiwan
Your Answer
Hong Kong , Taiwan

Select The Blank
Question
________is not an avenue of entry into foreign market
Correct Answer
Exim policy
Your Answer
Exim policy

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

Multiple Choice Multiple Answer
Question
Which of the following are indirect channels?
Correct Answer
EMC , Export broker
Your Answer
EMC , Export broker

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

Multiple Choice Single Answer
Question
What are the factors of joint-venture offshore manufacturing?
Correct Answer
Investment, capital, management, technology, materials, payment and/or parts, profit, fees
Your Answer
Only technology/materials payment & product and/or parts

Multiple Choice Multiple Answer
Question
What is the meaning of unit value of the product?
Correct Answer
High priced product , High sensitive product
Your Answer
Bulk transportation , Perishability

Select The Blank
Question
________ is important aspect of international physical distribution.
Correct Answer
Warehousing
Your Answer
Warehousing

Multiple Choice Multiple Answer
Question
What are the criteria for evaluation of products for offshore sourcing?
Correct Answer
Main cost tradeoffs , Labour intensive products
Your Answer
Main cost tradeoffs , Labour intensive products

Multiple Choice Multiple Answer
Question
Which are the two years marked the end of the most protected trade regime phase in India?
Correct Answer
1990 , 1991
Your Answer
1990 , 1991

Multiple Choice Single Answer
Question
This question is based on the case study 'AB Enterprises'. What did merchant-exporter reckon in AB Enterprises?
Correct Answer
Not able to penetrate markets on the basis of price & quality considerations
Your Answer
Not able to penetrate markets on the basis of price & quality considerations

Multiple Choice Single Answer
Question
What is not included in social environment?
Correct Answer
Growth rates
Your Answer
Growth rates

Select The Blank
Question
Any technical matter of interest, statistical information etc should be part of the back end of the proposal is termed as ________.
Correct Answer
Appendices
Your Answer
Appendices

Multiple Choice Multiple Answer
Question
What are included in sovereign political entities?
Correct Answer
Custom duties , Exchange control , Local taxes
Your Answer
Custom duties , Exchange control , Local taxes

Multiple Choice Multiple Answer
Question
What is correct according to geocentric orientation?
Correct Answer
Companies view the entire world as a single market , Uniform inventory management & training
Your Answer
Companies view the entire world as a single market , Every country is unique market

Select The Blank
Question
This question is based on the case study "Oriental Silk Pvt. Ltd.". Oriental preferred to conduct sales in the US market through ________
Correct Answer
An agent
Your Answer
An agent

Multiple Choice Single Answer
Question
During the period 1998-99 to 2002-03, which products marked the single largest growth in agri & allied category?
Correct Answer
Marine
Your Answer
Non-basmati rice

Select The Blank
Question
The problem of our export is that we have focused on________.
Correct Answer
Low value
Your Answer
Bulk items

Multiple Choice Multiple Answer
Question
What are the necessary things for good questionnaire?
Correct Answer
Avoiding irrelevant information , Making it easy
Your Answer
Avoiding irrelevant information , Making it easy

Multiple Choice Single Answer
Question
What is the health & safety regulation on food products?
Correct Answer
Condition under which it is prepared
Your Answer
Condition under which it is prepared

Select The Blank
Question
________ sector registered a hundred percent growth from USD 0.89 billion in 1998-99 to USD 1.9 billion in 2002-03.
Correct Answer
Ores & Minerals
Your Answer
Ores & Minerals

Multiple Choice Single Answer
Question
This question is based on the case study "Chow Flowers Co. Ltd." What was the reason to increase the domestic demand for artificial flowers?
Correct Answer
The increase in the number of air-conditioned offices & homes
Your Answer
The increase in the number of air-conditioned offices & homes

Multiple Choice Multiple Answer
Question
What are the roles of price in the overall export marketing strategies?
Correct Answer
Creating competitive market , Export enhancing , Affecting profit
Your Answer
Creating competitive market , Export enhancing , Affecting profit

Select The Blank
Question
The main elements of ________dimensions include per capita GDP
Correct Answer
Economic
Your Answer
Economic

Match The Following
Question
Correct Answer
Your Answer
To pioneer new product in absence of channel partner
Piggy backing
Piggy backing
Company desires little control
Indirect channels of distribution
Indirect channels of distribution
Promotion, marketing research, credit
Export houses
Export houses
Buying in India, selling it abroad
Export merchant
Export merchant

International Marketing - 4

LIST OF ATTEMPTED QUESTIONS AND ANSWERS –International Marketiing



Select The Blank
Question
The most evident advantage of ________ is a faster start in the target country
Correct Answer
Acquisition entry
Your Answer
Joint venture entry

Select The Blank
Question
In ________ strategy, home base is used for production of products for export
Correct Answer
Extension
Your Answer
Product

Match The Following
Question
Correct Answer
Your Answer
Challenge of stiff competition
New development strategy
Japan
Oriental Silk
Apparel Export Promotion Council
An agent
Conducting sales in US
An agent
New development strategy
Largest silk fabrics importer
USA
Large departmental stores

Multiple Choice Multiple Answer
Question
How does the product reach to the buyer?
Correct Answer
Distribution , Transportation
Your Answer
Distribution , Transportation

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

Multiple Choice Multiple Answer
Question
"Brighter colours are liked in Africa" is an example of
Correct Answer
Cultural views , Packaging
Your Answer
Quality , Cultural views , Branding

True/False
Question
As compared with EMC, export agents have greater freedom and authority.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
What are the risks involved in international marketing?
Correct Answer
Larger volume of transaction , Less knowledge about parties reputation , Longer time in transit
Your Answer
Rejection of goods , Less knowledge about parties reputation , Longer time in transit

True/False
Question
Companies with smaller needs, an independent supplier will be less active.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
What is correct according to geocentric orientation?
Correct Answer
Companies view the entire world as a single market , Uniform inventory management & training
Your Answer
Companies view the entire world as a single market , Every country is unique market , Standardized marketing mix projecting different images of company

Multiple Choice Single Answer
Question
This question is based on the case study 'AB Enterprises'. What is the advantage of enlarging the product line?
Correct Answer
Enables exporters to gain profits
Your Answer
Enables exporters to gain profits

Select The Blank
Question
In case of ________ , the manufacturer retains control over marketing strategy, particular pricing, positioning & advertising.
Correct Answer
Cooperative exporter
Your Answer
Export merchant

Select The Blank
Question
In ________ , the researcher should study the size & trends of production within the market & export from that market.
Correct Answer
Consumption
Your Answer
Market segmentation

Multiple Choice Multiple Answer
Question
The scope of international marketing has been enlarged to cover activities like :-
Correct Answer
Joint venture , Licensing , Franchising
Your Answer
Franchising , Joint venture , Licensing

Multiple Choice Multiple Answer
Question
What are the benefits of participation in trade fair?
Correct Answer
To get to know about competition , To know about the extent of product adaption
Your Answer
To get to know about competition , To get to know about government policy , To know about the extent of product adaption

Multiple Choice Single Answer
Question
What is not included in social environment?
Correct Answer
Growth rates
Your Answer
Growth rates

Match The Following
Question
Correct Answer
Your Answer
Corporate headquarters
Role in making pricing decision
Role in making pricing decision
Differentiated pricing strategy
Lifestyle position of the product
Production overheads
Uniform vs. differentiated pricing
Competition
Lifestyle position of the product
Uniform pricing strategy
Competitive position does not vary from market to market
Competitive position does not vary from market to market

Multiple Choice Single Answer
Question
What is marketing research?
Correct Answer
Systemic gathering, processing, analyzing & interpretation of the marketing data
Your Answer
Systemic gathering, processing, analyzing & interpretation of the marketing data

Multiple Choice Multiple Answer
Question
What are the special schemes of ECGC?
Correct Answer
Packing credit guarantee , Post-shipment credit guarantee
Your Answer
Pre-shipment credit guarantee , Packing credit guarantee , Post-shipment credit guarantee

Select The Blank
Question
________ sector registered a hundred percent growth from USD 0.89 billion in 1998-99 to USD 1.9 billion in 2002-03.
Correct Answer
Ores & Minerals
Your Answer
Petroleum / crude oil products

Multiple Choice Multiple Answer
Question
How does the customer know about the product & is influenced to buy it?
Correct Answer
Publicity , Advertising , Sales promotion
Your Answer
Publicity , Advertising , Sales promotion

Multiple Choice Multiple Answer
Question
What are the techniques used to collect information regarding market need?
Correct Answer
Marketing information , Research
Your Answer
Publicity , Marketing information , Research

Multiple Choice Single Answer
Question
What decides in building-up cost/price for a product?
Correct Answer
Internal taxes
Your Answer
Internal taxes

True/False
Question
In geocentric orientation, companies view different regions as different markets.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
What is export in Indian context?
Correct Answer
Surplus turned exports-generated by an excess of production over local demand & does not result into domestic inflation
Your Answer
Items which strengthen economy of the country

Select The Blank
Question
In direct export channel, the product is ________.
Correct Answer
Technical product
Your Answer
Technical product

True/False
Question
Licensing does not involve foreign investment
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
What is the meaning of offshore purchasing?
Correct Answer
Relationship between independent buyer & seller for exchange of good for money
Your Answer
Relationship between independent seller & another seller for the purpose of exchange of goods for money

Multiple Choice Single Answer
Question
What is export entry mode?
Correct Answer
Indirect export
Your Answer
Licensing

Multiple Choice Single Answer
Question
Why should a market researcher check a country's import tariffs when he is investigating it as an export market?
Correct Answer
It can affect the competitiveness of product against products made within the market
Your Answer
It affects the competitiveness of his product against those of importers from third countries

Multiple Choice Single Answer
Question
How does international marketing research help in assessing market size, pattern & growth?
Correct Answer
What sales potential exporter's product really has in the market
Your Answer
In decreasing the deficit which is experienced for last couple of years

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
True

Select The Blank
Question
Products with steady sales or at least predictable sales are more suitable for ________ than products that face abrupt shift in demand.
Correct Answer
Manufacturing
Your Answer
Exporting

Multiple Choice Multiple Answer
Question
What are the necessary things of reliability & capability in selection of right supplier?
Correct Answer
Quality of product , Price of the product
Your Answer
Quality of product , Price of the product , Identifying suitable suppliers

Multiple Choice Multiple Answer
Question
This question is based on the case study "Chow Flowers Co. Ltd.". Which are the products to be exported to foreign markets?
Correct Answer
Lily , Rose
Your Answer
Lily , Stigmas , Rose

Select The Blank
Question
________ is institutional source which provides market information.
Correct Answer
Chamber of commerce
Your Answer
Chamber of commerce

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

Multiple Choice Single Answer
Question
This question is based on the case study 'AB Enterprises'. What is the problem in adapting AB Enterprises product in the market?
Correct Answer
Novelty is lost due to ethnic character in AB Enterprises
Your Answer
High price of the product

Select The Blank
Question
This question is based on the case study "Chow Flowers Co. Ltd.". The largest importer was ________.
Correct Answer
United States
Your Answer
United States

Select The Blank
Question
________ is important aspect of international physical distribution.
Correct Answer
Warehousing
Your Answer
Cost of handling
Multiple Choice Multiple Answer
Question
Which of the following are indirect channels?
Correct Answer
EMC , Export broker
Your Answer
Export broker , Foreign distributors , Foreign retailers

True/False
Question
In marginal cost pricing, fixed costs are recovered from the international market
Correct Answer
False
Your Answer
False


Select The Blank
Question
________is not an avenue of entry into foreign market
Correct Answer
Exim policy
Your Answer
Joint venture
Multiple Choice Multiple Answer
Question
What is the nature of direct export market?
Correct Answer
Concentrated , Large potential sale
Your Answer
Concentrated , Large potential sale


Multiple Choice Multiple Answer
Question
This question is based on the case study "Oriental Silk Pvt. Ltd.". Oriental was an active member of some councils, which are those?
Correct Answer
Apparel Export Promotion Council , Woolen Export Promotion Council
Your Answer
Apparel Export Promotion Council , Woolen Export Promotion Council , Indian Export Import Chamber