πŸ“Š International Marketing
Q. Dumping is an important global pricing issue that translates into:
  • (A) a company trying to fix prices in international markets
  • (B) a company exporting a product at a lower price than it normally charges in its own market
  • (C) a company that practices dynamic incremental pricing
  • (D) a company exporting a product at a higher price than the price it normally charges in its own market.
πŸ’¬ Discuss
βœ… Correct Answer: (B) a company exporting a product at a lower price than it normally charges in its own market
πŸ“Š International Marketing
Q. Pricing as an active instrument considers-
  • (A) Targeted return on profit
  • (B) Targeted market share
  • (C) Both of the above
  • (D) all
πŸ’¬ Discuss
βœ… Correct Answer: (C) Both of the above
πŸ“Š International Marketing
Q. Which one of the following is not an ethical pricing issue?
  • (A) Product dumping
  • (B) Predatory pricing
  • (C) Price fixing
  • (D) Slow skimming
πŸ’¬ Discuss
βœ… Correct Answer: (A) Product dumping
πŸ“Š International Marketing
Q. Which one of the following is not a product attribute?
  • (A) Product quality
  • (B) Product feature
  • (C) Product price
  • (D) Product style & design
πŸ’¬ Discuss
βœ… Correct Answer: (C) Product price
πŸ“Š International Marketing
Q. Customers buy from stores & firms that offer the highest-----
  • (A) Level of customer satisfaction
  • (B) Value for money
  • (C) Customer perceived value
  • (D) all
πŸ’¬ Discuss
βœ… Correct Answer: (A) Level of customer satisfaction
πŸ“Š International Marketing
Q. Setting low prices to encourage initial product trial & to generate sales growth reflects which one of the following pricing methods-
  • (A) Penetration pricing
  • (B) Skimming pricing
  • (C) Competition based pricing
  • (D) Cost based pricing
πŸ’¬ Discuss
βœ… Correct Answer: (A) Penetration pricing
πŸ“Š International Marketing
Q. Analyzing a product as innovation & using the product component model provides the marketer a lead for
  • (A) Adaptation
  • (B) Competition
  • (C) Observation
  • (D) all
πŸ’¬ Discuss
βœ… Correct Answer: (A) Adaptation
πŸ“Š International Marketing
Q. This kind of product is most likely to require adaptation for overseas markets.
  • (A) musical recordings
  • (B) films
  • (C) automobiles
  • (D) watches
πŸ’¬ Discuss
βœ… Correct Answer: (B) films
πŸ“Š International Marketing
Q. This product is least likely to conform to the phenomenon described in IPLC.
  • (A) Typewriters
  • (B) Semiconductors
  • (C) Dishwashing machines
  • (D) Leather goods
πŸ’¬ Discuss
βœ… Correct Answer: (D) Leather goods
πŸ“Š International Marketing
Q. Product standardization and comparative disadvantage are the characteristics of this stage of the international product life cycle theory.
  • (A) Overseas innovation
  • (B) Maturity
  • (C) Worldwide imitation
  • (D) Reversal
πŸ’¬ Discuss
βœ… Correct Answer: (D) Reversal