Country X has an automobile import tariff of over 200%, allowing only the extremely wealthy to

own imported vehicles.

The most widely sold car in country X is a low-quality, out-dated
model, which is the only indigenously built automobile in the country. The apparent brand
loyalty towards the indigenous model is due to ________.
A) the low quality of all imported brands B) the presence of high switching costs
C) a general lack of satisfaction D) a lack of trust in imported automobiles


B

Business

You might also like to view...

In which two of the five phases of Six Sigma are data collected?

a. analyze and improve b. define and measure c. measure and improve d. improve and control

Business

Statistical planning models are useful when there is a long, stable history that can be used to reliably detect relationships among variables.

Answer the following statement true (T) or false (F)

Business

A ________ is what the successful completion of a use case achieves

A) system objective B) behavior C) goal D) scenario

Business

What is key escrow?

What will be an ideal response?

Business