
UNIT-2 AND 3
Passage
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Business
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University
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Practice Problem
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Hard
Muskan Manchanda
Used 2+ times
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46 questions
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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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