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    Indian Institute of Foreign Trade, MBA (IB) 2009-12, Quiz 1

    International Marketing ManageentTime: 20 minutes

    TI!" T#$ !%&&$!T %'$

    1.In which level of marketing is the firm most likely to have an ethnocentric orientation?

    a. $ort arketing c. Multinational marketing

    b. International marketing d. lobal marketing

    2.!hich ty"e of marketing best describes a com"any that is "resent in different countries with salesoffices# subsidiaries# or is an active "artner in strategic alliances with local com"anies and that does not

    coordinate activities across the different countries or regions?

    a. $omestic marketing c. International arketing

    b. %&"ort marketing d. lobal marketing

    '. lobal marketing is ill(advised when:

    a. market# government# cost# and com"etition drivers do not indicate the environment is

    conducive to a globali)ed strategy.b. the organi)ation considering a globali)ed strategy does not have the resources necessary (

    financial# human# technological# e&"erience# etc. ( to successfully im"lement a globali)ed

    a""roach.c. some as"ects of the marketing mi& lend themselves better to a locali)ed a""roach in s"ecific

    markets.

    d. All of t*e a+oe are true

    *. The %+, -ramework of international orientation stands for:

    a. economics# "sychogra"hics# regulations# geogra"hicsb. enter# "roduce# react# grou"

    c. ethnicity# "olychronic# regulations# global e&"ansion

    d. et*noentri, ol.entri, regioentri, / geoentri

    /. In high(conte&t cultures

    a. business is conducted on e(mail or "a"er.

    b. what is said is "recisely what is meantc. business is ty"ically done at arms length.

    d. trust is ruial and a *ands*ake is as iortant and relia+le as a aer ontrat.

    .!hich of the following is 3T a driver of international e&"ansion?

    a. 4om"etition c. Iort uotasb. ,egional economic integration d. Technology

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    5.6usiness %nvironment ,isk Inde& 76%,I8 may be used during international market selection "rocess

    to assess (((((((((( of countries.a. +olitical climate c. eneral +usiness liateb. 4ultural climate d. Technology advancement

    9. ccording to ;ofstedes classification# which country has a feminine society?

    a. ustralia c. reat 6ritain

    b. 4anada d 3aan

    < . ccording to the T4 model# firms integrate ===== in order to reduce transaction costs.

    10. !hich of the following is the e>uation of customer value?

    a @+A6 !here @alueB 6 @ +erceived 6enefits C +erceived 4ostsB + @ +rice

    b @+D6

    c @ 6 E +

    d 4 5 B67

    11. !hich of the following strategies yields cost benefits and can easily secure economies of scale?a8 8tandardization strateg.b8 do"tion strategy

    c8 4ustomi)ation strategy

    d8 $ifferentiation strategy

    12. -or global market "artici"ation# one of the "rimary re>uirements for the organi)ation is to have

    a) Transfera+le +usiness odel

    b8 Transferable human resources

    c8 Transferable infrastructure

    d8 Transferable organi)ational culture

    1'. In international market selection "rocess Fshift share a""roachG is used as a tool to

    a) understand ea* ountr.s atual iort gro:t* to aerage gro:t* of iort for a artiular

    rodut for a +asket of ountries

    b8 understand each countryHs actual e&"ort growth to average growth of e&"ort for a "articular "roduct for a

    basket of countriesc8 understand each countryHs actual im"ort growth to average growth of e&"ort for a "articular "roduct for a

    basket of countries

    1*. ;ofstede study of -rench and wedish culture indicates that -rance is 10(1/ and weden is *uentially

    c. $iagonally

    d 4ertiall.

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