Yamaha Decided to Combat China's Counterfeiters by Launching New Motorcycle

question 20

Multiple Choice

Yamaha decided to combat China's counterfeiters by launching new motorcycle models at a similar price as fake products. This would be an example of which of the
Following strategic options in product piracy:

• A) joint ventures.
• B) lobbying activities.
• C) legal action.
• D) product policy options.
• E) communication options.

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Definitions:

Required Return

The smallest percentage of annual gain required from an investment to attract individuals or corporations to fund a certain project or venture.

Wealth

The abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions.

Discounted Payback

The period of time it takes for the sum of the discounted cash flows to pay back the initial investment.

Payback

The amount of time it takes for an investment to generate enough returns to recover the original investment cost.