Examlex

Solved

Tesla Wanted to Break into the Electric Vehicle (EV)marketplace with a Luxury

question 56

Multiple Choice

Tesla wanted to break into the electric vehicle (EV) marketplace with a luxury sports model.At that time,economic value was more highly prized than form and function.Therefore,Tesla chose not to compete with the other brands' successful luxury hybrids and targeted the high-end market for electric vehicles.Which base did Tesla use to position itself in the market?


Definitions:

Credit Discrimination

The practice of denying or limiting financial services to individuals based on race, color, religion, national origin, sex, marital status, age, or because they get public assistance.

Telemarketing Sales Rule

A regulation that establishes rules to curb deceptive and abusive telemarketing practices.

Telemarketing

The direct marketing of goods or services to potential customers over the telephone, by fax or internet.

Credit Report

A detailed document that includes an individual's credit history, including loans, credit cards, and repayment behaviors, used by lenders to evaluate creditworthiness.

Related Questions