A contract in which an individual receives financial reimbursement against losses from the contractual company. Which one of the following is a best term for such contract? Select correct option: Insurance Risk management Financial loss recovery Banking contract Click here to Save Answer & Move to Next Question Which of the following is a physical, concrete product that you can touch? Select correct option: A service A good An idea A philisophy Question # 5 of 10 ( Start time: 06:09:03 PM ) Total Marks: 1 If a marketer collects information about the product attributes and positioning related to his competitor. Which kind of information he gathered? Select correct option: Marketing mix information Product related information Competitor information Resource information Question # 6 of 10 ( Start time: 06:09:41 PM ) Total Marks: 1 In order to be globally aware, which of the following factor/s is/are NOT acquired or developed by marketer: Select correct option: Objectivity Tolerance of cultural differences Knowledge of cultures and history Local awareness Question # 7 of 10 ( Start time: 06:11:05 PM ) The Global Strategic Rivalry Theory was forwarded in which of the following year? Select correct option: 1960 Total Marks: 1 1970 1980 1990 Question # 8 of 10 ( Start time: 06:11:56 PM ) Total Marks: 1 If a company is transferring its goods and services to its customer, this transaction is based on: Select correct option: Barter system Exchange Transformation Relationship Question # 9 of 10 ( Start time: 06:13:30 PM ) Total Marks: 1 The need to compete for international market was made inevitable by the economic system employed by most nations is based upon: Select correct option: Socialism Mass production Communism Barter Question # 10 of 10 ( Start time: 06:14:50 PM ) Which one of the following is NOT a reason to do business internationally? Select correct option: Increase in global competition Convergence of world markets Support from national governments Excellent infrastructure in marketer country Total Marks: 1