SS 2 MARKETING Int'l marketing: Organizing for Int'l market

Q. 1 Which of the following is a fully Industrialized country?

• A. Brazil

• B. Russia

• C. Germany

• D. Argentina

• E. Vietnam

Q. 3 According to UN's stages of economic development for classifying countries with respect to levels of industrialization, Canada falls under the category ?

• A. Third world countries

• B. Least-developed countries

• C. More-developed countries

• D. Less-developed countries

• E. Pre-emerging countries

The perception of quality:

• is specified by the Government

• depends solely on the customer

• depends on manufacturer's specifications

• is defined by universal quality standards

What is marketing?

• The attributes of goods or services
• Both A and C
• The action of promoting and selling products or services.
• One that is heavily regulated by the government.

What is Marketing mix? (4 P's)

• Price,product, planning, promotion
• Price, Product, Place, Promotion
• Price, product, Pest, Promotion
• Price, Product, Planning, Place

What is international trade? International trade ........

• refers specifically to an exchange between members of different states in a country.

• is the exchange of capital goods and services across national borders of the world.

• involves purchase and sale of goods and services by companies in different countries.

What is international trade?

• The exchange of capital goods and services across international borders and different nations of the world

• goods and services purchased from other countries

• goods and services sold within the country

• A trade route

Licencing and Franchising are same?

• True

• False

Counter Trade is ______________ trade agreement between two business units

Why do workers benefit from international trade?

• They have more options as consumers
• Real wages have risen
• Export wages have risen
• Trade creates greater employment opportunity