Asked by
Md.Mohabbot Hussain
on Oct 18, 2024Verified
Toyota's global complementation strategy
A) calls for plants to be devoted to the production of vehicles for only the local market.
B) dictates that parts plants be built to supply all of the needs for each vehicle production plant worldwide.
C) requires that a single parts plant,for example,for brakes,export brake components to all of its vehicle assembly plants worldwide.
D) mandates that plants can produce vehicles for export to markets that remain strong when the local market weakens.
Global Complementation Strategy
An approach in international business where a company strategically places different parts of its production in different countries to maximize efficiency and minimize costs.
Toyota
A global automotive manufacturer known for its innovative production techniques, such as the Toyota Production System, which emphasizes efficiency, quality, and continuous improvement.
Parts Plant
A facility dedicated to manufacturing components that are used in the assembly of final products.
- Analyze supply chain strategies of different companies and their impact on supply chain performance.
Verified Answer
LG
Learning Objectives
- Analyze supply chain strategies of different companies and their impact on supply chain performance.