Question
These are a Marketing questions.
Please answer questions from 28 - 30
Provide the letter of the most correct answer.
28. Alkshdoewrhohgoaish Kilisdifjeon is the latest ruler in a long line of rulers with unpronounceable names and she is nicknamed Burt. She is very concerned about her country's economic condition. One of her concerns is about her country's GNP and GDP. Her country has a very low GNP, but a very high GDP. She does not understand why this might be so. Which of the following would be the best information you could tell her? a. Domestic companies are producing a lot, but most of it is overseas. b. c. d. e. Domestic companies are producing a lot at home. Most production going on in her country is being done by domestic companies. Most production going on in her country is being done by foreign companies Labor costs in Burt's country is very low 29. It is very frustrating for home country companies when even people from the home country do not consider domestic products to be as good as foreign products. This situation illustrates which of the following types of competition? b. d. a. Purchasing power competition c. Substitute competition e. Direct competition Micro-competition Macro-competition 30. Nicholeah, the CEO of DRAW, Inc., a major international paper company, has decided to change the structure of the company. She wants to incorporate the structure where each geographic area is represented in the structure as a major division. This will make it possible for each division to deal with specific marketing issues for each geographic area, while still reporting to the vice president of marketing who reports directly to the CEO. a. product structure b. matrix structure. customer-type structure functional structure d. e. regional structure
Explanation / Answer
Ans-28 (a) Domestic companies are producing a lot but most of it is overseas.
Exlanation-A company's GDP will be higher than GNP if aits companies produce a lot of goods outside the country.
Ans-29 (e) Direct Comptetion
Explanation- In direct comptetion multiple businesses offering similar products and services.
Ans-30 (b) Matrix structure
Explanation- In a matrix structure Each employee has dual reporting relationships to both a product manager and a functional manager
