Toyota Learned Many Things from Its Partnership with GM,however American

question 91

Multiple Choice

Toyota learned many things from its partnership with GM,however American managers involved in the venture complained that:

• A)Toyota learned many things about the U.S.supply system.
• B)Toyota learned about the U.S.transport system.
• C)Toyota learned about managing American workers.
• D)Toyota did not apply manufacturing expertise at GM plant.
• E)Toyota applied its expertise at its Camry plant.

Understand the concept and implications of organizational politics.

Recognize the role of political skills in job performance, job satisfaction, and career success.

Identify the behaviours and characteristics of high Machiavellians in organizational contexts.

Understand how networking and political skills impact organizational dynamics and individual career progression.

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Definitions:

Notes

Short for promissory notes, these are debt instruments whereby one party promises in writing to pay a determinate sum of money to the other at a specified date or upon demand.

Ask Price

The lowest price a seller is willing to accept for a security or commodity.

Equilibrium Price

The price point where the amount of goods that are offered for sale matches the amount of goods that consumers are willing to buy.

Auction Price

The final price at which an item is sold during an auction, determined by competitive bidding.