Product Planning and Pricing Decision MCQ | 25 Free MCQs on Export Marketing
Product Planning and Pricing Decision MCQ
1. Product ________ is the primary function of the exporter.
(a) Planning
(b) Development
(c) Marketing
(d) Packaging
2. _________ provides information of the product and matters related to the product being exported.
(a) Labelling
(b) Marking
(c) Packing
(d) Positioning
3. ________ refers to symbols printed on export packages.
(a) Marking
(b) Packaging
(c) Branding
(d) Designing
4. Formula : FOB Price =
(a) FOB Cost + Profit – DBK
(b) All the expenses until goods loaded on ship + Freight + Profit –Incentive
(c) All the costs until goods loaded on board the ship + Freight +Insurance – Incentive
(d) FOB Expenses + Customs @ port of destination – DBK
5. Formula : C&F Price =
(a) All expenses until goods loaded on board the ship + Freight +Profits – DBK
(b) C&F Price + Marine Insurance
(c) CIF Price – Profits
(d) C&F Costs + Customs@ port of destination + Profits
6. Formula : CIF Price =
(a) FOB Price + Incentives
(b) CIF Costs + Profits – DBK
(c) C&F Price – Marine Insurance
(d) FOB Costs + Customs @ port of destination + Profits
7. Export quotation is_______ .
(a) an offer made by importer to exporter in reply to exporter’s query
(b) commercial invoice
(c) an offer made by exporter to importer in reply to importer’s query
(d) Importer’s Bill
8. Under FOB quotation, which among the following is not aresponsibility of the exporter ?
(a) Expenses upto goods loaded on board the ship
(b) Production Management
(c) Customs at port of Shipment
(d) Freight Expenses
9. Under C&F quotation, which among the following is not aresponsibility of the exporter ?
(a) Expenses upto goods loaded on board the ship
(b) Production Management
(c) Payment of Marine Insurance
(d) Payment of Freight expenses
10. Under CIF quotation, which among the following is not a responsibilityof the exporter?
(a) Expenses upto goods loaded on board the ship
(b) Marine Insurance
(c) Customs at port of Destination
(d) Freight Expenses
| Answers: 1)Planning 2)Labelling 3)Marking 4)FOB Cost + Profit – DBK 5)All expenses until goods loaded on board the ship + Freight +Profits – DBK 6)CIF Costs + Profits – DBK 7)an offer made by exporter to importer in reply to importer’s query 8)Freight Expenses 9)Payment of Marine Insurance 10)Customs at port of Destination |
