NPTEL Global Marketing Management Week 1 Assignment Answers 2025
1. The term global epitomizes both ____________and _______________.
- The competitive pressure and shrinking market opportunities
- The competitive cooperation and expanding market opportunities
- The competitive pressure and expanding market opportunities
- The competitive cooperation and shrinking market opportunities
Answer :- c
2. Young people jogging in Nike shoes (an American product made in China), listening to Coldplay (British Rock Band) on Apple Computer’s iPod (an American product) in Hong Kong, Philadelphia, Sydney and Tokyo exemplify ___________________.
- Convergence
- Divergence
- Both Convergence and Divergence
- Neither Convergence nor Divergence
Answer :- a
3. According to the Theory of Absolute Advantage, which of the following is NOT an acquired advantage?
- Product technology
- Labour force
- Process technology
- Both Labour force and Process technology
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4. Which of the following theories suggest that a country should excel in the production and export of products that use their abundant and hence cheaper factors of production than factors in relative scarcity?
- Theory of Absolute Advantage
- Theory of Comparative Advantage
- Factor Endowment Theory
- Porter’s Diamond Model
Answer :-
5. Which of the following are key economic variables considered for determining a country’s economic freedom?
- Trade policy
- Taxation policy
- Government consumption of economic output
- All of these
Answer :-
6. ______________refers to the productiveness of a country, which is represented by its firms’ domestic and international productive capacity.
- Country competitiveness
- Economic competitiveness
- Economic freedom
- None of these
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7. Conditions for Patentability include(s):
- Novelty
- Non-obviousness
- Utility
- All of these
Answer :-
8. Which of the following is a closely guarded secret related to the production process-
- rade secret
- Patent
- Copyright
- Trademark
Answer :-
9. When two or more countries agree to abolish tariffs and other barriers to trade amongst themselves, it is known as _______.
- Customs union
- Free trade area
- Common market
- Economic and political union
Answer :-
10. Which of the following is NOT an example of a multinational corporation?
- Nike
- Coca-cola
- Swiggy
- Wal-mart
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