D : Final Exam : Take Home Submit your answer as exam scheduled Why Study International Business? An export transaction passes through many steps, of which the important are : 1 Receipt of indent from abroad, 2 Shipping and credit enquiry, 3 Packing and forwarding of the goods, 4 Observing customs formalities, 5 Issuing Bill of Lading and freight note, 6 Preparing shipping documents, 7 Effecting marine insurance, and 8 Securing payment for the goods. List the important steps through which an export transaction passes. The initial broad-,scale penetration is followed by a strategy of abandoning some old and less profitable markets. International business affects the activities of every consumer, every worker, company, and government all over the world, whether they are in Cyprus, Iceland, the United States, Australia, Brazil, Nepal, Nigeria, Russia or Indonesia. Local, regional, and national governments work to attract jobs by offering incentives for.
Third Question: You are the marketing consultant of Disneyland and you are thinking of a new market to enter in one or two of Arab countries. The needs and wants of consumers often vary across different cultures, situations and individual characteristics. Mention the main types and identify the basic stages of exporting. Answer : Corantor started small but built a solid reputation with the customer along the way and in the process the. As an expert in International Marketing please consider the following: 1.
What would happen when the demand for monetary gold rose faster than the supply, and why was this a problem? The bulk of the questions will relate to these topics. What are the advantages and disadvantage of opening in Arab country? Mistakes to be avoided: 1- it is essential to be sensitive and considerate of the Europeans needs 2- Cultural differences need to be addressed and not just assume that the foreign country will adopt domestic views. Compare between Gillette in Egypt and Gillette in Indonesia. Then click 'Next Question' to answer the next question. Use an example of a real-life firm and discuss how its corporate culture blends with its organizational architecture. Threat of substitute products or services The existence of products outside of the realm of the common product boundaries increases the propensity of customers to switch to alternatives.
Supply chain : Value chain analysis 9. State the different types of international business. What are the main obstacles that you are expecting to face? During recession the economy comes down and it affects the consumer behaviour. What should be taken into consideration in this regards? Small and Medium Entrepreuners b. International trade is a trade among countries or different geographical areas. Globalization refers to: a Lower incomes worldwide b Less foreign trade and investment c Global warming and their effects d A more integrated and interdependent world Answer: d 14. Discuss how organizational architecture and corporate culture are related.
Bicycle recreational in canada vs. Name the national and international agencies that conduct market research for the knowledge of Indian exporters. There are three basic stages of exporting : Stage I : Exports to customers, and agents. Fourth Question You are the working for an Egyptian company that is attempting to go globally with one of its products, and you are responsible for that, you will be deciding where and how to go. Moreover, the upgrading their social position is hard in Saudi Arabia.
What are the main obstacles that you are expecting to face? Superior product better meets consumer needs. The tailoring of a product to meet the local consumer needs is important as it ensures that the product find acceptance in the market. If so, what kind of organization did she need to put in place to ensure its effective implementation? Domestic, Multinatinal, International, Transnational, Global d. Fourth Question You are the working for an Egyptian company that is attempting to go globally with one of its products, and you are responsible for that, you will be deciding where and. This is an important strategy as it ensures that a product is not rejected by the market for which it was made.
And the final part of this report, some recommendation about how Australian firms should do advertising effectively in Saudi Arabia will be make. The first phase of globalization started around 1870 and ended with …. Evidently, it is also important that these differences. The bulk of the questions will relate to these topics. There are various types of export arrangements. The parties in an exchange Ultimate customers… Words 4069 - Pages 17 Marketing 3213 Summer 2011 Distance Learning Exam 3 Do not open this booklet until instructed to do so.
Which is the right sequence of a stages of Internationalization a. Characteristic: Young aspirational, affluent, culture, very interested in trying new things. Discuss how organizational architecture and corporate culture are related. . National agencies include : Government Departments, Ministry of Commerce, Export Promotion Councils, Commodity Boards e. Small Management of Enterprises c. Article shared by : Some of the frequently asked exam questions on international marketing are as follows: Q.
Sorry, but copying text is forbidden on this website! Particularly, about the consumer psychology, in the past, Vietnamese people primarily focused on the durability, simplicity instead of the flashy appearance. Countries now-a-days import many things which they could not produce for themselves. State the different types of international business. Article shared by : Some of the frequently asked exam questions on international marketing are as follows: Q. Fourth Question You are the working for an Egyptian company that is attempting to go globally with one of its products, and you are responsible for that, you will be deciding where and how to go.
I personally do believe in both your understanding and your thoughts. Dear Student, Greetings Please answer all the following short essay questions, please read them carefully and follow instructions. Second Question: Gillette is a giant company and has got a lot of success story globally, from your previous readings and your wide experience as marketing consultant specialized in International marketing. Consumers throughout the world enjoy greater product selection at better prices than ever before. Fourth Question You are the working for an Egyptian company that is attempting to go globally with one of its products, and you are responsible for that, you will be deciding where and how to go. Northern Atlantic trade agreement d. Which account represents the cumulative earnings of the firm since its formation, minus dividends paid? Organization for Economic Co-operation and Development b.