Ford Motor Company recently announced plans to build a new production facility in Mexico and will be able to take advantage of reduced production costs related to wage rates in the local area. Ford will sell the vehicles in Mexico and will also export the Focus model the plant produces around the world. The finished products costs will be based on the Mexican peso, which fluctuates but is generally considered to be weaker than the U.S. dollar or euro. This will provide Ford with a price advantage in the export market. This is an example of the _______ force that affects international marketing activities.
A. sociocultural
B. competitive
C. economicÂ
D. political, legal, and regulatory
Answer: C
You might also like to view...
The ________ concept means that an organization strives to satisfy consumer needs while achieving its goals.
A. sales B. societal benefit C. production D. customer relationship E. marketing
Jupiter Steel is the chief provider of metals to Greystone Motors. Greystone Motors has two models of cars — one for commercial and regular consumers and another for professional car racing teams
Greystone Motors has designated dealers to sell its commercial cars to consumers, while racing cars are sold directly to the racing teams. In such a distribution channel, which of the following would be considered a horizontal conflict? A) a conflict between Jupiter Steel and Greystone Motors B) a conflict between Jupiter Steel and Greystone dealers C) a conflict between two Greystone Motors car dealerships D) a conflict between a Greystone Motors car dealership and a racing team E) a conflict between Greystone Motors and its car dealerships
Consumers are likely to unknowingly follow processes when making purchase decisions
Indicate whether the statement is true or false
Which of the following statements is true?
A. Oracle considers PL/SQL to be a procedural language extension of SQL. B. Oracle does not consider PL/SQL to be a procedural language. C. Oracle considers SQL to be a procedural language. D. Oracle does not consider SQL to be a programming language.