Chrysler Corporation Wanted to Sell Its Jeeps in Japan

question 49

Multiple Choice

Chrysler Corporation wanted to sell its Jeeps in Japan.The car was priced in U.S.dollars at about $19,000,but when it reached the Japanese car showrooms,its price was over ¥31,000 Japanese yen,and the Japanese could not afford to buy it.Its price was set without regard for the

• A) balance of price.
• B) currency exchange rate.
• C) reciprocity price.
• D) balance of payments.
• E) equity exchange factor.

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Definitions:

Stakeholders

Individuals or groups with an interest or concern in an organization's activities and outcomes.

Chaos Theory

Complex systems are based on some form of order but can behave in unpredictable ways. The unpredictability of these systems results from the many interactions of the system variables and the consequences of differences in the initial states of those variables.

Complex Systems

Systems characterized by diverse components that interact in multiple ways, leading to emergent behavior and outcomes that cannot easily be predicted.

Competency Of Communicator

The ability of a communicator to effectively convey messages and facilitate understanding among diverse audiences.