International Marketing Exam #1

The family is an example of a social institution.

International marketing involves selling goods and services to consumerss in more than one nation.

Currently, the developing world has a growing population while the industrialized world’s population is declining.

Uncontrollable factors affecting international marketing are limited to political forces, economics, and competition.

Most markets are static and typically don't change.

Culture is the sum total of knowledge, beliefs, art, morals, laws, and customs acquired by members of a society.

Companies from the Netherlands are the leading group of investors in the USA.

A country’s history influences business decisions such as market entry and personnel decisions.

Quotas, boycotts, monetary barriers, and market barriers are examples of tariff barriers.

A major reason why China is inefficient in oil usage is because of outdated technology.

Data that has already been collected by some other agency are known as secondary data.

Continuous improvements in electronic communications have facilitated the expansion of trade.

The geography & infrastructure of a country are uncontrollable factors for a business in an international market.

A tariff on fabrics imported from Uruguay so US manufacturers sell more fabrics is an ex of a protectionist measure.

The difference between domestic & international marketing lies in the different concepts of marketing.

An international marketer must deal with at least two levels of uncontrollable uncertainty.

The United States leads the fight against pollution with the most stringent greenhouse emission standards in the world.

Today, becoming international is a luxury only some companies can afford.

As countries move from agricultural to industrial to services economies, birthrates increase.

Countries that suffer the most from major natural calamities are among the poorest in the world.

When a culture scores high in Individualism/Collectivism Index, individuals fail to identify with groups.

Working as individuals, rather than together, for a common cause is a fundamental belief in Japanese behavior.