Toyota's Efficient Manufacturing Techniques and Reputation for Producing High-Quality Automobiles

question 39

Multiple Choice

Toyota's efficient manufacturing techniques and reputation for producing high-quality automobiles are examples of ________.

• A) location advantages
• B) ownership advantages
• C) internalization advantages
• D) internationalization advantages

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Definitions:

Subchapter S Corporation

A form of corporation in the United States that meets specific Internal Revenue Code requirements, allowing it to pass income directly to shareholders and avoid double taxation.

Elect

To choose or decide on a particular option or choice, commonly referring to making tax-related selections on a return.

Net Capital Loss

It's the loss incurred when the total capital losses from investments exceed the total capital gains for a year.

Capital Loss Carryforward

A tax provision that allows investors to use a net capital loss in one year to offset future capital gains for tax purposes.