Vactin Motors, an Automobile Company, Is a Well-Recognized Brand

question 48

Multiple Choice

Vactin Motors, an automobile company, is a well-recognized brand. It does not have the capital and capabilities to set up manufacturing units abroad, although it is keen to have its products made in the foreign market. It decides to have the products produced and sold under its brand name. In this case, which of the following modes of international market entry should be adopted by Vactin?

• A)Exporting
• B)Franchising
• C)Joint venture
• D)Wholly owned subsidiaries

Analyze the skewness of distributions and accurately determine the relationships between mean, median, and mode in skewed distributions.

Accurately compute and understand the mode, median, and mean in given datasets.

Interpret test scores in the context of available statistical data (e.g., norm groups, range, variability).

Recognize the characteristics of normally distributed data and its implications for mean, median, and mode.