international marketing is different

Which of the following is the most significant factor affecting the international market for industrial goods and services?

• The foreign exchange market

• Political conditions

• The degree of Industrialization

• The level of domestic competition

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

• A. Brazil

• B. Russia

• C. Germany

• D. Argentina

• E. Vietnam

Q. 2 Which of the following is true about MDCs (more- developed countries) ?

• A. These countries are just entering world trade.

• B. Majority of their population stays in rural areas.

• C. These countries have high per capita income.

• D. These countries have little world trade involvement

• E. These countries have mainly agrarian economies.

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

Which of the following characterizes the business philosophy of the Japanese distribution channels ?

• Loyalty

• Direct sales

• Fast deliver

• Price competition

Which of the following countries has the largest number of retailers?

• China

• United States

• Brazil

• Japan

Which of the following factors affects the choice of distribution channels?

• Distance from manufacturers

• Available distribution intermediaries

• Country's per-capita income

• Language spoken in the target market

Topics included in International Business but not in IM

• Transfer of Technology

• Exporting

• Outsourcing

• Joint Venture

IM helps in

• Earning foreign exchange

• Boost brand reputation

• Disconnect business with the world

• Cultural exchange

An international agreement that allows foreign firms, either exclusively or non-exclusively, to manufacture a proprietor’s product for a fixed term in a specific market.

• Licencing

• Joint Venture

• Exporting

• Franchise