Honda recently opened a plant in a town in hopes of building their vehicles cheaper. When Honda began interviewing potential employees, they found there were few educated and trained employees in the area. The limited number of potential employees compared to Hondas need for trained and educated employees is considered to be the economic problem of .....

MARKETING MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Honda recently opened a plant in a town in hopes of building their vehicles cheaper. When Honda began interviewing potential employees, they found there were few educated and trained employees in the area. The limited number of potential employees compared to Honda’s need for trained and educated employees is considered to be the economic problem of ____

A	Deficit
B	Resources
C	Scarcity
D	Surplus

Explanation:

Detailed explanation-1: -Agent-An intermediary who does not take title to merchandise but facilitates exchanges by bringing buyers and sellers together.

Detailed explanation-2: -Walmart’s exit from the German market was due, in part, to the fact that German shoppers could find lower prices at stores known as: Hard discounters. Coke’s worldwide success is based on: adaptation of the marketing mix.

Detailed explanation-3: -A critical reason why companies need to take global marketing seriously is survival. A fundamental difference between regular marketing and global marketing is the scope of activities.

Detailed explanation-4: -There is general agreement that the matrix design is the single best organization structure for global marketing.

There is 1 question to complete.

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MARKETING MANAGEMENT