Because the Motor Vehicle Assembly Industry Is Typically Described as a Bulk-Gaining

question 79

Multiple Choice

Because the motor vehicle assembly industry is typically described as a bulk-gaining industry as well as a just-in-time delivery system, the most important factor when selecting a location for a new Toyota or Honda assembly plant in the United States was

• A) minimizing the cost of shipping finished vehicles to its customers.
• B) minimizing the cost of shipping inputs and outputs in relation to customers.
• C) maximizing delivery time to customers.
• D) the location of railroads.
• E) the location of waterways.

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Definitions:

Labor

The body of workforces engaged in physical or intellectual tasks to produce goods or services.

Social Gospel

Ideals preached by liberal Protestant clergymen in the late nineteenth and early twentieth centuries; advocated the application of Christian principles to social problems generated by industrialization.

Communism

A political and economic ideology advocating for a classless society, in which the means of production are owned and controlled by the community as a whole.