πŸ“Š International Marketing
Q. The innovating firm's sales and export volumes are kept stable in this stage of IPLC.
  • (A) Overseas innovation
  • (B) Maturity
  • (C) Worldwide imitation
  • (D) Reversal
πŸ’¬ Discuss
βœ… Correct Answer: (B) Maturity
πŸ“Š International Marketing
Q. Innovations are most likely to be first introduced in
  • (A) Least developed countries
  • (B) Less developed countries
  • (C) Growing economies
  • (D) Highly developed countries
πŸ’¬ Discuss
βœ… Correct Answer: (D) Highly developed countries
πŸ“Š International Marketing
Q. According to the international product life cycle theory, a country that developed an innovation will eventually become
  • (A) A net importer
  • (B) A net exporter
  • (C) An absolute exporter
  • (D) A relative producer
πŸ’¬ Discuss
βœ… Correct Answer: (C) An absolute exporter
πŸ“Š International Marketing
Q. The most important reason behind the utilization of market segmentation is
  • (A) Market heterogeneity
  • (B) Positioning
  • (C) Test marketing
  • (D) Product life cycle
πŸ’¬ Discuss
βœ… Correct Answer: (A) Market heterogeneity
πŸ“Š International Marketing
Q. The stages of new product development do not include
  • (A) Business analysis
  • (B) Product development
  • (C) Test marketing
  • (D) Global positioning
πŸ’¬ Discuss
βœ… Correct Answer: (A) Business analysis
πŸ“Š International Marketing
Q. According to the view of Michael Porter, firm first develop product for domestic market and later on launch in international market. This view is consistent with which of the following factors?
  • (A) Factor conditions
  • (B) Demand conditions
  • (C) Related & supporting industries
  • (D) Firm strategy, structure &rivalry
πŸ’¬ Discuss
βœ… Correct Answer: (D) Firm strategy, structure &rivalry
πŸ“Š International Marketing
Q. When customers/consumers may have too narrow image of any brand, is distinguish in which of the following way?
  • (A) Under positioning
  • (B) Over positioning
  • (C) Confused positioning
  • (D) Doubtful positioning
πŸ’¬ Discuss
βœ… Correct Answer: (A) Under positioning
πŸ“Š International Marketing
Q. Identify the concept in which marketers try to create distinct image or identity in the minds of their target customers/consumers?
  • (A) Market targeting
  • (B) Market positioning
  • (C) Market segmentation
  • (D) Market repositioning
πŸ’¬ Discuss
βœ… Correct Answer: (B) Market positioning
πŸ“Š International Marketing
Q. Select best description why international marketers focus on segmentation?
  • (A) To identify their similar need
  • (B) To identify their countries
  • (C) To identify their best location
  • (D) To identify their modern behavior
πŸ’¬ Discuss
βœ… Correct Answer: (A) To identify their similar need
πŸ“Š International Marketing
Q. Customers with different needs or responses to marketing activity are categorized in which of the following way?
  • (A) Market targeting
  • (B) Market segmentation
  • (C) Market positioning
  • (D) Market targeting and segmentation
πŸ’¬ Discuss
βœ… Correct Answer: (B) Market segmentation