vu mkt630 Final Term - Quiz No.2
vu mkt630 International Marketing Quiz
This quiz belongs to book/course code vu mkt630 International Marketing of vu organization. We have 5 quizzes available related to the book/course International Marketing. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Final Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
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Question 2: Which of the following orientations holds that consumers will favor products that are available and highly affordable?
Product concept
Marketing concept
Production concept
Selling concept
Question 4: According to the theory of absolute advantage, a country can have certain advantages over other countries, which of the following is the acquired advantage?
Climate conditions
Natural resources
Cheap labor-force
None of the given options
Question 5: Identify the country that’s retail sale derived from franchising is one third?
Romania
The USA
Europe
Asia
Question 6: Which of the following determine the needs, wants, and interests of target markets and to deliver the desired satisfactions in a way that preserves or enhances the consumer's and society's well-being?
The Product concept
The Marketing concept
The Production concept
The Societal Marketing concept
Question 7: A variety of information is needed for successfully operating in international market. Which of the following information is required under the category of prescriptive info?
Exchange rate
Balance of payment
Laws and regulations
None of the given options
Question 8: Identify the most severe political risk in which company's assets are seized without payment?
Confiscation
Expropriation (I myself checked this answer)
Domestication
Liquidation
Question 9: Identify which one of the following description is belongs to political environment?
Overall level of development
Existence of middle class
Product-significant demographics
Ideological orientation
Question 10: Which one of the following index measures the tolerance of social inequality?
Uncertainty Avoidance
Power Distance
Cultural Value
Individualism/Collectivism
