Examlex
The text describes Toyota's top priority as focusing on quality. Explain how Toyota's operations capability would match up with its business strategy if its top priority had been to compete as the low-price car in the industry.
Gross Sales
The total sales amount without any deductions for discounts or returns.
Indirect Expenses
Costs not directly linked to the production of goods or services, such as administrative and marketing expenses.
Subjective
Based on personal opinions, interpretations, points of view, or emotions rather than objective facts.
Cost of Goods Sold
The expenses directly related to the manufacturing of products sold by a business, including the costs associated with materials and labor.
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