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TECHNICAL UNIVERSITY OF MOMBASA Faculty of Business & Social Studies DEPARTMENT OF BUSINESS STUDIES UNIVERSITY EXAMINATIONS FOR DEGREE IN BACHELOR OF BUSINESS ADMINISTRATION HCB 2315: INTERNATIONAL MARKETING END OF SEMESTER EXAMINATIONS SERIES: APRIL 2013 TIME: 2 HOURS INSTRUCTIONS: Answer Question ONE (Compulsory) and any other TWO questions. This paper consists of Two printed pages ___________________________________________________________________________________ QUESTION 1 (Compulsory) a) Kenya is host to many Multinational Corporations (MNCs). Describe FIVE benefits of MNCs to the Kenyan economy. (10 marks) b) Explain FIVE economic variables that marketers can use to monitor economic trends in a foreign market. (10 marks) c) Describe FIVE reasons why companies involve themselves in international marketing. (10 marks) QUESTION 2 a) Explain FIVE stages of international marketing involvement. (10 marks) b) Many firms intending to invest in foreign countries face the challenge of government investment in those countries. Explain FIVE implications of government investment. (10 marks) QUESTION 3 © 2013 – Technical University of Mombasa Page 1 a) Southern Sudan is the newest member of the East African Community (EAC). Soon, it will join Common Markets for Eastern and Southern Africa (COMESA). Describe FOUR ways in which EAC and COMESA facilitate international marketing. (8 marks) b) Religion is one of the cultural parameters that a marketer needs to study in a foreign market. Justify the importance of such information. (12 marks) QUESTION 4 a) Describe the EPRG Model of international marketing involvement. b) Explain FOUR factors that favour product standardization. (12 marks) (8 marks) QUESTION 5 a) Describe FIVE barriers to international marketing. (10 marks) b) Citing relevant examples, briefly explain FIVE approaches to foreign manufacturing. (10 marks) © 2013 – Technical University of Mombasa Page 2