Question

The observation that China, despite a 37 percent surge in car sales in 2010, is expected to reach production overcapacity by 2015 and have a glut of extra cars is an aspect of the ______ segment of the general environment.

a) Economic
b) Technological
c) Socio-cultural
d) Political

Answer 1

The surge in China's car sales leading to a potential production overcapacity relates to the a. economic segment of the general environment, considering market factors and economic implications.

Step-by-step explanation:

The observation that China, despite a 37 percent surge in car sales in 2010, is expected to reach production overcapacity by 2015 and have a glut of extra cars is an aspect of the a. economic segment of the general environment.

This scenario reflects economic conditions, such as market demand, production capacities, and the supply-demand balance that influence the automotive industry. The projected overcapacity suggests potential economic implications like price drops, loss of revenue for car manufacturers, and possibly negative impacts on the Chinese economy.