BYD's Market Strategy in Japanese Market

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Business, Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main reasons for entering the Japanese market?
High demand for luxury vehicles
Government's carbon neutrality pledge
Low competition in the market
Strong economic growth
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the percentage of electric vehicle sales in Japan as of 2021?
3%
5%
10%
Less than 1%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which companies' models are contributing to the increase in electric vehicle sales in Japan?
Toyota and Honda
Nissan and Mitsubishi
Ford and Chevrolet
Tesla and BMW
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key strength of BYOD in the Japanese market?
In-house production of key components
Outsourcing all car parts
Partnership with local manufacturers
Focus on luxury vehicles
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is BYOD's approach to pricing their new products in Japan?
Price higher than competitors
Focus solely on affordability
Offer discounts to early buyers
Balance affordability with perceived value
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