Ibus 402 question bank for FINAL EXAM: Questions from Midterm 1) Which of these are not part of Hofstede’s dimensions of national culture? a) Power - distance b) National self-determination c) Uncertainty avoidance d) Individualism – collectivism 2) The two key arguments in international marketing in recent years concern what two topics? a) Price versus quality b) Local versus international marketing approaches c) Local competition for global brands d) Convergence versus divergence 3) What must be on a file ID in order for a reflection paper or presentation to be graded? a) Date and time b) The name of the paper c) Your first and last name d) Your VIP ID number 4) In the reading on Panasonic in China, the initial problem was a) Low sales of Panasonic sound systems b) Low market share for Panasonic washers c) Low market share for Panasonic microwaves d) The rejection of Japanese products by nationalistic Chinese consumers. 9 Leung’s social axioms are another way of sorting out national difference and working internationally. It focuses on a) Social axioms about how the social world works b) Local ideology about trade c) Consumerism vs. environmentalism d) Power-distance and collectivism 10 Evidence that there are many Chinas. a) Wide variation in local resources & climate b) China includes 13 written languages c) Literary Arabic used by Hui students d) All of the above 11 Secondary data a) Is always available for country-level market research b) Is not as trustworthy as primary data c) Is not amenable to statistical analysis d) Can demonstrate broad patterns in some but not all international markets e) The presence of state-controlled television 12 International marketers should be concerned with offshore workplace conditions because a) Investors, suppliers, communities, and consumers will be impacted otherwise b) Local regulators are slowly becoming better able to monitor and prosecute violations. c) Workers are key stakeholders, and may even buy and value your products as they support your company efforts in the workplace d) All of the above 13 Women’s rights, internationally a) Are not human rights, and are thus not a corporate concern b) Are unimportant in India and China c) Are evidently more important in China than the USA, as more women are present in executive positions there than in the USA d) Are more important in the USA than in China, as more women are in executive positions in the USA 19 Its been said that “people around the world are willing to sacrifice preferences in product features, functions, design and the like, for lower prices at high quality.” This has been a key part of what strategy of International Marketing? a) Homogenization of wants. b) The view that divergence is taking the lead over convergence. c) The local customization philosophy. d) The global standardization philosophy. 14 The transnational firm is not like the multinational firm because a) Multinationals are always headquartered in Delaware b) Transnational develop and operate jointly with divisions in different national settings c) Multinational expect local branches to contribute directly to the worldwide effort d) Transnationals centralize all key operation 15 Under which of the following conditions is global standardization a "winning" strategy? a) The existence of a global market segment. b) b. Potential synergies from standardization. c) c. Availability of a communication and distribution infrastructure to deliver the firms offering to target customers worldwide. d) d. All the above. 20 Harley initially marketed its products with a standardized approach. When their Japan affiliated was given room to move out on its own, what was the result? (Keegan p.208) a) New designs for side-cars for the American market. b) An entirely new business line and profit center, but not focused on motorcycles c) Cultural incompatibility of motorcycle riding and Japan d) Bikes and accessories for women riders. 16 What is NOT a reason why Walmart failed in Germany? a) zoning issues b) German labor union regulations c) not enough parking space d) store hours 21 What is the #1 country for software piracy? a) Armenia b) Iraq c) China d) Chile 17 While Americans are often categorized into Gen X, Gen Y, and Baby Boomers, younger Chinese are said to fit in the a) Little Prince and Princess generation b) The wired generation. c) The long-march generation d) The cultural revolution generation’ 18 Which of the following is not a low income country? a) Haiti b) Bangladesh c) Singapore d) Sudan Ibus402 question bank: Midterm 2013 Page 2 Question Bank 2: IBUS 402 Fall 2014 Erickson