UNIT-2 AND 3

UNIT-2 AND 3

University

46 Qs

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UNIT-2 AND 3

UNIT-2 AND 3

Assessment

Passage

Business

University

Practice Problem

Hard

Created by

Muskan Manchanda

Used 2+ times

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46 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In global packaging design, which of the following is a major cultural consideration?

A. Font size

B. Color symbolism

C. Manufacturing cost

C. rules and regulations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Toyota ensures worldwide after-sales services and warranties adjusted for local market conditions. This practice reflects:



A. Standardized service policy

B. Localized service adaptation

C. Global warranty strategy

D. Differential pricing policy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company like Unilever introducing a detergent specifically for washing clothes in cold water in Nordic countries demonstrates:



A. Product innovation for climatic adaptation

B. Global standardization

C. Economies of scale

D. Psychological pricing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The “Buy Online, Pick Up In-Store” (BOPIS) trend used by Nike globally reflects:



a) Global pricing

b) Omni-channel distribution innovation

c) Environmental factors

d) Local retail chaos

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In global pricing, “gray markets” occur when:



a) Products are painted gray

b) Goods are imported legally but sold through unauthorized channels

c) Prices turn dull

d) Discounts get lost in translation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

“Smuggling” in international trade often occurs because:



a) Companies love adventure

b) Import restrictions and high tariffs exist

c) Consumers prefer hidden products

d) t’s a new distribution strategy from Amazon

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

is the act of creating and applying descriptive tags, labels, or printed materials to a product or its packaging.

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