International Marketing MCQs

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




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Companies from the Netherlands are the leading group of investors in the United States.




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International marketing involves selling of a company's goods and services to consumers or users in more than one nation for a profit.




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




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




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The geography and infrastructure of a country are uncontrollable factors that influence the business decisions of a company in an international market...




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The uncontrollable factors affecting international marketing are limited to political forces, economic climate, and competitive structure.




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The level of technology in a country is an uncontrollable element for international marketers.




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The uncontrollable factors a company has to deal with decreases with the number of foreign markets in which it operates.




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The controllable elements can be altered in the long run and, usually, in the short run to adjust to changing market conditions, consumer tastes, or c...




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Political and legal forces, economic climate, and competition are some of the domestic environment's controllable factors.




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The foreign policies of a country have a direct effect on a firm's international marketing success.




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Abolition of apartheid in South Africa is an example of a positive effect on foreign policy, an uncontrollable element, in an international marketing ...




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The business activities of international marketers are not affected by competition in their domestic market.




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The process of evaluating the uncontrollable elements in an international marketing program involves substantial doses of cultural, political, and eco...




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Level of technology remains unchanged across countries making it a fairly controllable factor in international marketing




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Political and legal issues a company may face abroad are mitigated by the "alien status" of the company.




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The political details and the ramifications of political and legal events are often more transparent in a domestic situation than they are in a foreig...




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The political and legal environment is a controllable element for international marketers because of their potent ability to lobby and influence legis...




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In a broad sense, the uncontrollable elements of the foreign business environment constitute the culture.




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In dealing with unfamiliar markets, marketers must be aware of the frames of reference they are using in making their decisions.




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John refuses to buy Japanese products because he sees this as a way of selling out to a nation known for its aggressive behavior. John uses a self-ref...




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The self-reference criterion is closely related to ethnocentrism.




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Sam just ate cookies and, therefore, feels justified in refusing food offered by his Middle Eastern host. In this instance, Sam's self-reference ...




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To avoid errors in business decisions, it is necessary to conduct a cross-cultural analysis that emphasizes the need for ethnocentrism.




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Understanding one's own culture normally requires no additional study.




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The most effective approach to build global awareness into an organization is to increase the diversity mix of the employee profile for entry-level jo...




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Research has revealed that smaller home markets and larger production capacities appear to favor internationalization.




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A company in the "no direct foreign marketing" stage of international marketing involvement does not actively cultivate customers outside national bou...




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The global marketing concept views the marketplace as consisting of one primary domestic market that is complimented by several smaller regional marke...




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Which of the following is the most dynamic trend that is affecting current global business strategies?






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Companies from _____ lead in foreign investment in the United States.






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Which of the following is true regarding the impact of globalization on domestic markets in the United States?






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Which of the following is an essential requirement for already experienced as well as new firms to succeed in international markets?






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_____ is the performance of business activities designed to plan, price, promote, and direct the flow of a company's goods and services to consum...






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Which of the following is the most critical difference between domestic marketing and international marketing?






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Which of the following elements in the marketing environment poses a challenge to both domestic and international marketers due to its dominantly unco...






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Which of the following is a controllable element for an international marketer?






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Which of the following is an uncontrollable element for an international marketer?






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For an international marketer, the _____ can be altered in the long run and, usually, in the short run to adjust to changing market conditions, consum...






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Which of the following is an uncontrollable factor for a marketer in a domestic environment?






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Which of the following political actions is most likely to favor international marketing?






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Which of the following reflects the relationship between international business and domestic business?






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Which of the following is a possible unfavorable outcome of the "alien status" of a company?






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With respect to the environment in which a business operates, factors such as competition, political and legal forces, and economic climate would all ...






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_____ is a controllable element in both domestic and international marketing environments.






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The marketing tasks of an international marketer differs from that of a domestic marketer as the:






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Robert Jonas is in charge of a new marketing effort directed toward Peru. In order for his company to effectively market and distribute to all of Peru...






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Compared to the foreign environment variables, which of the following uncontrollable variables is least likely to affect a domestic marketer?






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Amy Sims has been assigned the task of preparing a marketing plan for her company for the upcoming year's business activities. She knows that she...






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M&G Inc., a company producing musical instruments, had dominated its home market for several years before venturing into international markets. Th...






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Ralph Waite, a marketing manager at a video game console manufacturing firm, is asked to review the marketing opportunities of his company in a foreig...






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The uncontrollable issue of _____ faced by a company abroad is often amplified by the "alien status" of the company, which increases the difficulty of...






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Which of the following best illustrates the political and legal issues faced by companies because of their "alien status" when they attempt to do busi...






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Which of the following best defines adaptation on the part of an international marketer?






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The primary obstacles to success in international marketing are a person's _____ and an associated ethnocentrism.






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_____ is an unconscious reference to one's own cultural values, experiences, and knowledge as a basis for decisions.






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When confronted with a set of facts, one reacts spontaneously on the basis of knowledge assimilated over a lifetime—knowledge that is a product...






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Which of the following is closely related to the self-reference criterion?






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_____ impedes the ability of a person to assess a foreign market in its true light.






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Which of the following is true of ethnocentrism?






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The most effective way to control the influence of ethnocentrism and the SRC is to:






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To avoid errors in business decisions, it is necessary to conduct a cross-cultural analysis that isolates the self-reference criterion influences. Whi...






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Understanding one's own culture requires additional study:






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Which of the following characterizes a globally aware manager?






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Which of the following will best aid a manager in understanding the way people of different countries think and act?






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Which of the following is the most effective way to achieve organizational global awareness?






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Which of the following organizations seems better equipped for internationalization?






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Which of the following firms has a better chance of accelerating the internationalization process?






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Which of the following is true regarding the stages of international marketing involvement?






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In the context of stages of international marketing involvement, a company's products reaches a foreign market without any conscious effort on th...






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Jefferson's, a firm that specializes in dog food and grooming products, has a very well-established domestic market. The company does not activel...






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James Bright's company seeks markets all over the world and attempts to sell products that are a result of planned production for markets in vari...






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Maria Peron's company treats the world, including the home market in Spain, as one market. Market segmentation decisions no longer focus on natio...






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Ajax Corporation decides to enter the international marketing arena by marketing its products to China, Japan, and South Korea, with separate marketin...






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Companies in the regular foreign marketing stage:






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Which of the following is true of firms in the first two stages of international marketing involvement—no direct foreign marketing and infreque...






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In which of the following stages of international marketing involvement do companies primarily focus all their operations and production to service do...






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In the infrequent foreign marketing stage of international marketing involvement, firms:






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Which of the following is true of firms at the international marketing stage of marketing involvement?






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What is the most profound change for firms at the global marketing stage of internationalization?






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Which of the following firms/products reflects a global marketing orientation?






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For a company at the _____ stage of internationalization, market segments are defined by income levels, usage patterns, or other factors that frequent...






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After World War II, the United States provided assistance to other countries to develop their markets and improve global trade though it gained no ret...




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The GATT became part of the World Trade Organization in 1995 with the ratification of the Uruguay Round agreements.




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As part of the worldwide economic growth and rebuilding after World War II, countries once classified as less developed were reclassified as underdeve...




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By the year 1971, the United States was selling more to other countries than it bought from them; that is, the United States had a favorable balance o...




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The Organization for Economic Cooperation and Development (OECD) estimates that the economies of the developed world will expand at much faster rates ...




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A nation's balance-of-payments statement records all financial transactions between its residents and those of the rest of the world during a giv...




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In a balance-of-payments record, if the credit and debit offset each other, it means that a nation is in particularly good financial condition.




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The reserves account is a record of direct investment, portfolio investment, and short-term capital movements to and from countries.




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When foreign currencies can be traded for more dollars, U.S. products and companies are more expensive for the foreign customer and exports decrease. ...




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Protection of an infant industry is recognized by economists as a valid argument in favor of protectionism.




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A case might be made for the temporary protection of markets with excess productive capacity or excess labor when such protection could facilitate an ...




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




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In general, tariffs decrease inflationary pressures.




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Quotas strictly permit importing on a case-by-case basis.




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Quotas strictly permit importing on a case-by-case basis.




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Quotas are more flexible than import licenses.




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A voluntary export restraint (VER) is generally imposed under the threat of stiffer quotas and tariffs being set by the importing country if a VER is ...