Font size
WorksheetsExport Marketing
Total questions: 41
Worksheet time: 21mins
Commercial risks include ___________________.
insolvency of the buyer
war
recession
change in government policy
ECGC stands for __________________.
Engineering Competition for Garment Corporation of India
Export Channel for Government Corporation of India
Export Credit Guarantee Corporation of India
Engineering Catering Corporation of India
Normally, post shipment finance is granted for a period of ____________ days.
150
350
90
200
_______________is also called as parallel barter.
Counter sell
Counter payment
Counter purchase
Counter trade
The main objective of export pricing is _____________.
ease in documentation
applying for government incentives
facilitates distribution
maximizing the profit
Full form of SIDBI
SMALL INDUSTRIAL BANK OF INDIA
SMALL INDUSTRIAL DEVELOPMENT BANK OF INDIA
SMALL DEVELOPMENT BANK OF INDIA
Brands tend to charge customers
more for their products
less for their products
same price
no difference
Under _________________ an export may charge same price for all export markets.
Skimming pricing strategy
Standard pricing strategy
Psychological pricing strategy
Competitive pricing strategy
______________ is the exchange value of a product.
Pricing
Products
Services
Marketing
________________ refers to the marketing efforts directed at creating and maintaining a distinct image of the brand in the minds of target audience.
Purchasing
Positioning
Marketing
Selling
Which one of the functions mentioned below is need for petroleum products?
Convenience
Economy
Promotion
Protection
What is price skimming?
An initially high price charged to customer which will reduce over time
An initially low price charged to customer which will increase over time
A steady price charged to customer regardless of product age
What is an advantage of price skimming?
Gains market share
Covers costs and breaks even
Allows an organisation to make the largest profit possible
_________ is the activity to sell the goods or services to another country.
Exporter
Importer
Export
Import
Why might a country import goods instead of making everything itself?
A country imports goods to boost the Gross Domestic Product.
Importing keeps a country's ports and shipping industry in business.
A country imports goods that can be more effectively and cheaply produced by another country.
Importing keeps relation with other countries positive and reduces the risk of conflicts.
Setting a limit on the quantity of a product that may be imported or exported within a given period to regulate international trade is called?
Tariff
Embargo
Quota
Deal
___________ is a tax that a government places on certain imported products
Tariff
Embargo
Quota
Deal
These are typically found in airports & seaports and do not follow the regular trade customs and are considered duty-free
Free-trade zones
Free-trade agreements
Non-tariff alliances
Common markets
.
__________________ reduces trade barriers and encourages trade between countries.
Free-trade zones
Non-tariff alliances
Free-trade agreements
Common markets
Purchasing the right to use a company name or business process in a specific way ex. McDonald’s, Burger King, KFC and Pizza Hut • •
Licensing
Franchising
Joint venture
Infrastructure
__________is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.
Open account
Bill of lading
Letter of credit
Drafts
How has technology changed international business?
Technology has made communication easier and more effective.
Technology has made transportation quicker and cheaper.
Technology has made it easier to educate new and potential employees.
All of the answers are correct
Terms of trade is expressed as a
ratio of foreign exchange receipts and payments
ratio of price index of exports and imports
ratio of foreign direct investment and portfolio investment
Gross barter terms of trade takes into account
trade items and unilateral payments
all the items
only services
none of the above
Reciprocal demand does not affect terms of trade.
True
False
Income terms of trade measures the capacity of a country to import from its export income.
True
False
Commercial risks include ___________________.
insolvency of the buyer
war
recession
change in government policy
ECGC stands for __________________.
Engineering Competition for Garment Corporation of India
Export Channel for Government Corporation of India
Export Credit Guarantee Corporation of India
Engineering Catering Corporation of India
Normally, post shipment finance is granted for a period of ____________ days.
150
350
90
200
_______________is also called as parallel barter.
Counter sell
Counter payment
Counter purchase
Counter trade
______________ is practice of counter trade, in which one company sells to another company its obligation to make a purchase in a given country.
Sandwitch
Switch game
Switch baring
Switch trading
The main objective of export pricing is _____________.
ease in documentation
applying for government incentives
facilitates distribution
maximizing the profit
Full form of SIDBI
SMALL INDUSTRIAL BANK OF INDIA
SMALL INDUSTRIAL DEVELOPMENT BANK OF INDIA
SMALL DEVELOPMENT BANK OF INDIA
Brands tend to charge customers
more for their products
less for their products
same price
no difference
(a) provides protection, tampering resistance, and special physical, chemical, or biological needs. It may bear a nutrition facts label and other information about food being offered for sale.
Under _________________ an export may charge same price for all export markets.
Skimming pricing strategy
Standard pricing strategy
Psychological pricing strategy
Competitive pricing strategy
______________ is the exchange value of a product.
Pricing
Products
Services
Marketing
________________ refers to the marketing efforts directed at creating and maintaining a distinct image of the brand in the minds of target audience.
Purchasing
Positioning
Marketing
Selling
Which one of the functions mentioned below is need for petroleum products?
Convenience
Economy
Promotion
Protection
What is price skimming?
An initially high price charged to customer which will reduce over time
An initially low price charged to customer which will increase over time
A steady price charged to customer regardless of product age
What is an advantage of price skimming?
Gains market share
Covers costs and breaks even
Allows an organisation to make the largest profit possible
