THEORY AND APPLICATION QUESTIONS
[100 marks)
Answer all the questions in the answer book{s) provided.
uestion 1
9
Differentiate between the different approaches' companies can follow to direct strategic orientation in
international markets.
uestion 2
12
Differentiate between the three (3) main legal systems in international marketing. Briefly explain under
which of the main legal systems the Namibian law abides to.
uestion 3
12
Discuss the various cultural dimensions identified by Geert Hofstede and make it applicable in
international marketing.
uestion 4
7
Briefly discuss the three (3) stages involved in the technological development process.
uestion 5
60
Please read the scenario below and answer the questions accordingly.
Scenario: Importance of Considering Political and Economic Risks in International Marketing- Russia
Russia, the largest country in the world by land area, has long been an attractive market for international
businesses, particularly in industries like energy, technology, and consumer goods. However, its political
and economic environment presents significant risks that companies must carefully consider before
entering the market. Marketers must carefully assessthese risks and develop strategies that include risk
mitigation measures, such as hedging against currency fluctuations, diversifying their operations, and
considering local partnerships to navigate the political landscape.
5.1 Identify and discuss a Country's economic growth factors that exist to some extent during
economic growth
(8)
5.2 In terms of international marketing contributions, explain the five (5) crucial weaknesses driving
the need for different thinking when a country such as Namibia considers marketing in Russia (15)
2