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:

Negotiation

The process by which parties in dispute discuss and ultimately reach a mutually satisfactory agreement or solution.

Third Side

A concept in conflict resolution that suggests the involvement of an impartial third party who can help mediate or offer solutions to disputes between two other parties.

Legal Sanctions

Measures taken by a legal authority to enforce laws, ranging from fines and penalties to imprisonment.

Conflict Resolution

The process of addressing and settling disputes or disagreements among parties through dialogue, negotiation, or other peaceful means.