Which of the following is NOT a benefit about the background of BYD that may help it be successful in overcoming barriers to enter the electric vehicle market?
A) BYD has a large and successful home market.
B) BYD is the only car company focused on electric cars.
C) BYD is accustomed to selling competitive products to multinational firms.
D) BYD started as a battery firm and has key insights to this technology.

Question

Quizplus · Accepted Answer

BYD joins several other firms (such as Fisker, Tesla, and Lightning Car) in focusing on electric cars. As for the other factors given though, there is reason to think BYD has a better chance than the others at success.

Which of the Following Is NOT a Benefit About the Background