Adjusting and adapting to a specific culture

General Agreement on Tariffs and Trade

Association of Southeast Asian Nations

North American Free Trade Agreement

Which is not a barriers to Entering Global Markets

Easy accessibility of goods and services

South Asian Association for Regional Cooperation

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International marketing

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Test your Knowledge on Key International Marketing concepts.

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Questions 30

Answers

1
When Foreign organisation purchases the product for export to another country, it is called..
Trading company
Domestic purchasing
Export house
Export management council
2
Most low-context cultures operate on
M and P time
M time
G time
P time
3
IMF stands for?
INternational Monetary Fund
International Marketing Front
International Monetary Front
Investment Management Federation
4
Which is not a factor affecting international pricing
Market factors
Local firms
Competitors response
Consumer response
5
Which is not a characteristics of Innovation
Complexity
Relative advantage
Compatibility
Consumer interest
6
WTO is headquartered in?
Poland
Sweden
Whitehouse
Geneva
7
Acculturation is
Adjusting but not adapting to ones own culture
Adjusting and adapting to a specific culture
Not adjusting and adapting to a specific culture
Adjusting and adapting to ones own culture
8
IMF was created in?
1952
1955
1945
1947
9
Approach of marketer in export marketing is
Geocentric
Polycentric
Ethnocentrism
Regiocentric
10
Unconscious reference to one’s own cultural values as a basis for decision.
KRC
PRC
TRC
SRC
11
China became a member of WTO in?
2002
2001
2000
2003
12
Which is not a member of ASEAN?
Malaysia
Vietnam
China
Thailand
13
IMF has ---many member countries.
190
188
189
187
14
IMF is headquartered in?
Paris
Berlin
Washington, D.C.
Rome
15
A culture where things are fully spelled out
High context
Both low and high context
None of these
Low context
16
------is a multilateral development bank established by the BRICS states.
Asian Development Bank (ADB)
The New Generation Bank of BRICS
The New Development Bank (NDB)
Bank of Emerging Nations (BEN)
17
GATT stands for?
General agreement on Trade and Tariff
Global Agreement on Tariff and Trade
General Agreement on Tariffs and Trade
Greater Attention to Trade and Tariff
18
WTO was founded in
1993
1994
1995
1996
19
ASEAN stands for?
Asian State for eastern and Asian Nations
Assembly of South East Asian nations
Association of Southeast Asian Nations
Associated Sector for Emerging Asian Nations
20
Global markets operate on
M time
G time
None of these
P time
21
Which of the following is not an objective of IMF?
facilitate international trade
promote high employment and sustainable economic growth
eliminate terrorism
reduce poverty
22
World bank group consists of how many organisations?
3
6
4
5
23
Which of the following is an observer and not a member to WTO?
China
Malaysia
Iran
India
24
NAFTA stands for?
North American Federal Trade Agreement
National Agreement on Free Trade Area
North American Fair Trade Agreement
North American Free Trade Agreement
25
Which is not a barriers to Entering Global Markets
Easy accessibility of goods and services
Protectionism
Restrictions on transborder data flows
Cultural barriers and adaptation
26
The recent G20 summit was held in
Germany
Brazil
US
France
27
An international distribution network of one firm used to carry products of a second
Direct Marketing
Domestic purchase
Joint venture
Piggybacking
28
How many member countries WTO have as on July 2016?
164
172
161
160
29
Licensing agreements between two partners to exploit their synergies
Joint venture
Direct export
Domestic purchase
Strategic Alliances
30
SAARC Stands for?
South Asian Association for Regional Cooperation
South Asian Agreement on River cooperation
South Asian Agreement on Racial cooperation
Soverign Agreement on Asian Regional Currency

International marketing Flashcards | StudBud