Skoda Is a Carmaker in the Czech Republic

question 155

Multiple Choice

Skoda is a carmaker in the Czech Republic.The auto manufacturer is launching a marketing drive designed to ultimately sell one million Skoda vehicles a year.It has identified the main growth markets for automobiles as China,Russia,and India,and has plans to build production plants in each of those countries.
-Refer to Skoda.Skoda will be well into the implementation stage when the plant in Shanghai starts producing cars in 2012.Which term best describes how Skoda intends to reach its goals?

• A)tactical objectifying
• B)contingency plan
• C)strategic planning
• D)market integration

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Definitions:

Disposable Income

The amount of money that households have available for spending and saving after income taxes have been accounted for, serving as an indicator of economic health.

Savings

Money that is set aside from income not used for consumption, which may be stored for future expenses, investments, or emergencies.

Capital Stock

The total amount of physical and financial assets owned by a company or country, including buildings, machinery, and equity investments.

Net Investment

The amount of investment in new capital (such as equipment, buildings, and inventory) minus depreciation of existing capital.