Tuesday, 24 October 2017

bb0024 smu bba summer 2017 (oct/nov 2017 exam) Vth sem assignment

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Bachelor of Business Administration-BBA Semester 5
BB0024– Introduction to International Marketing - 4 Credits
(Book ID: BO103)
Assignment (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.

Q.1 Name and explain with suitable examples, three reasons why international marketing is more challenging than domestic marketing.
Ans. International marketing is more challenging than domestic marketing because the scope is much wider - in essence, when a company or individual markets on an international scale, they are marketing


Q.2. What are the relative advantages and disadvantages of standardization and adaptation? Explain with suitable examples.
Ans. Standardization is the process by which a company makes it methods, especially its production processes, uniform/identical throughout its organization. Whereas for adaptation, a company would change their methods such as the price, promotion, packaging and/or the product itself


Q.3 Suggest five different ways in which India could improve its image as an exporter in international markets, explaining why?
Ans. In India, the various procedures that are followed in the process of export of goods start right from the time of receipt of an indent from abroad till the shipping documents are negotiated and sales proceed

Q.4 Name five different characteristics of the economic environment that need to be analyzed by international marketers and their implications for international marketing strategy.
Ans. The economy of a country is a major part of each company’s macro-environment. In addition, besides purely economic factors such as the economic system or the existing industrial sectors, a modern

Q.5 Describe any two aspects of the current Indian legal environment and its implications for international marketers entering the Indian market for the first time.
Ans. An entrepreneur has to take into account the basic regulatory requirements of the country in order to ensure sustainability of the profits and productivity of his/her business. The most important regulation relates to the environment. The environmental regulatory requirements envisage a wide

Q6. Discuss the organizational structures for multinational strategies.
Answer:American vs Indian culture

No two cultures are the same. The American and Indian cultures have very vast differentiation between them..While the culture of America is a mixture of different cultures, the Indian culture is unique and has its
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