Several Years Ago,the Honda Motor Company Unveiled the Hybrid Version

question 224

Multiple Choice

Several years ago,the Honda Motor Company unveiled the hybrid version of the Honda Civic.While the hybrid vehicles are very fuel efficient,they are also very expensive to purchase.Hybrid vehicles sales have increased over 570 percent with a compound annual growth rate of 88.6%.Sales of the Civic eventually overtook those of the Toyota Prius,making it the number one hybrid car in the U.S.For years,Honda has experienced tremendous success with their Accords-in fact,these Honda cars are the top-selling automobiles in the U.S.Where would the Honda Civic (hybrid version) and the Honda Accord fall in the BCG business portfolio analysis matrix?

• A) The hybrid Civic is a star; the Accord is a cash cow.
• B) The hybrid Civic is a cash cow; the Accord is a star.
• C) Due to the overwhelming success of Honda cars, both the Accord and the hybrid Civic are cash cows.
• D) The hybrid Civic is a hedgehog; the Accord is a cash cow.
• E) The hybrid Civic is a dog; the Accord is a star.

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Definitions:

Mutual Trust

A psychological state comprising the intention to accept vulnerability based on positive expectations of the intentions or behavior of another.

Respect

A feeling of deep admiration for someone or something elicited by their abilities, qualities, or achievements.

Power Distance

A cultural dimension that describes the extent to which individuals within a society accept and expect power to be distributed unequally.

GLOBE Model

A research framework that examines the impact of culture on leadership effectiveness and organizational practices across the world.