Which of the Following Is the Best Example of a Voluntary

question 59

Multiple Choice

Which of the following is the best example of a voluntary export restraint?

• A)a limit set by the Japanese government on the number of sports utility vehicles that the United States can import from Japan
• B)a subsidy granted by the U.S.government to domestic sports utility vehicle manufacturers so they can compete more effectively with foreign sports utility vehicle manufacturers
• C)a tax placed on all sports utility vehicles sold in the domestic market
• D)a $5,000 per-car fee imposed on all sports utility vehicles imported into the United States

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Definitions:

Aggregate Plan

A process by which a company determines levels of capacity, production, subcontracting, inventory, stockouts, and pricing over a specified time period.

Graphical Method

A technique used in various disciplines to solve problems by visualizing data or equations through graphs.

Aggregate Planning

The process of developing, analyzing, and maintaining a preliminary, approximate schedule of the overall operations of an organization.

Yield Management

A strategy used in various industries to adjust prices and inventory in response to anticipated demand levels to maximize revenue.