833. “Hard Currency” means
(a) Currency that can be exchange for other currency quickly and withou Govt. permission
(b) Currency that can be exchanged for other currencies quickly but, Gom Permission required
(C) A currency that cannot be converted
(d) Currency that is made of hard metal
Ans. (b) Currency that can be exchanged for other currencies quickly Govt. Permission required
834. The study of international marketing should focus primarily on
(b) Place (c) Promotion and pricing
(d) All of these
Ans. (d) All of these
835. Which of the following is recognized as owner of the goods?
(a) Domestic retailers
(b) Domestic agents
(c) Both (a) and (b)
(d) None of these
Ans.(a) Domestic retailers
836. In terms of special product life-cycles, a ………. is basic and destructive mode of expression.
(a) Genre
(b) Style
(c) Fashion
(d) Fad
Ans. (b) Style
837. How many nations members of GSTP? Sobral systems of
(a) 75
(b) 75 (leaving of India)
(c) 77 (Including of India)
(d) None of these preferuene
Ans.(c) 77 (Including of India)
838. The documents which are required to be prepared and used by exporters and importers in discharges of their legal and incidental responsibilities and the sales contract?
(a) Commercial documents
(b) Transport document
(c) Regulatory document
(d) None of these
Ans.(a) Commercial documents
839. Which of the following factors is needed for long-term sales?
(a) Purchase profits
(b) Cheap goods
(c) Production of high quality goods
(d) All of these
Ans. (d) All of these
840. Reason for lower life-cycle is—
(a) Lower cost
(6) More quantity
(c) Lack of product planning
(d) Lower understanding of the consumer
Ans.(c) Lack of product planning
841. Expansion of products by the company means-
(a) Expansion of product line
(b) More production
(c) Selling the product
(d) None of these
Ans.(a) Expansion of product line
842. When two or more business units combine together with reference to supplying the goods in foreign market they are called
(a) Export Brokers
(b) Web Association
(c) Co-operative exporters
(d) Export agents
Ans. (d) Export agents
843. Recently Finance Minister declare M.E.P. of different product. What does it mean?
(a) Minimum Export Price
(b) Multi Effect Product
(c) Major European Product
(d) Maximum Export Price
Ans.(a) Minimum Export Price
844. Globalization represents speedy development of the market, having universal approach the above statement has been given by
(a) A.N. Vadhul
(b) Srikant Sonam
(c) Thomas Mathue
(d) Stoner
Ans.(a) A.N. Vadhul
845. If goods are exported using road transport instead of sea or air transport what is the document called-
(a) Charter party
(b) Transport document
(C) Entry bill
(d) Bill of export
Ans. (d) Bill of export
846. Who appoints the purchase representative is international marketing
(a) Seller
(b) Purchaser
(c) Both
(d) None of these
Ans. (d) None of these
847. When import and Export (control) Act, 1947 is replaced then what act is come?
(a) The Foreign Trade Act, 1992
(b) Independence Trade Act, 1990
(c) Trade Act, 1988
(d) None of these
Ans. (a) The Foreign Trade Act, 1992
848. Which of the following media of advertising in best suited for goods of technical nature of which the customers are few?
(a) Television
(b) Radio
(c) Out door advertising
(d) Direct mail
Ans. (d) Direct mail
849. ETOP Stands for?
(a) Even Terrace Operation Process
(b) Environmental, Threat Opportunity Profile
(c) Environment Tax on people
(d) English trade operation procedure
Ans. (b) Environmental, Threat Opportunity Profile
850. An international marketing philosophy “a good product will sell itself is characteristic of –
(a) Production
(b) Sales
(c) Marketing
(d) Relationship
Ans.(c) Marketing
851. On which of the following factors the marketing programming depends
(a) Financial factors
(b) Geographical factors
(c) Population factors
(d) All of these
Ans. (d) All of these
852. The base for marketing reliability is-
(a) Product price
(b) Future customer
(c) Organisation construction
(d) Quality of the product
Ans. (d) Quality of the product
853. Target customer, means
(a) Future customer
(b) Present customer
(c) Producer customer
(d) Constrictive customer
Ans.(a) Future customer