Honda and Toyota Have Used Insourcing for Years to Produce

question 226

Multiple Choice

Honda and Toyota have used insourcing for years to produce cars in the United States. Insourcing:

• A) helps offset the number of jobs being outsourced.
• B) increases the number of jobs being outsourced.
• C) damages the United States economy.
• D) causes jobs to be lost to overseas competitors.

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Definitions:

Outside Supplier

An external company or entity that provides goods or services to another company, typically part of the supply chain.

Financial Advantage

The benefit gained by using financial resources in a way that increases wealth or provides a better return on investment.

Special Order

An order for a product or service that is outside the company's normal production or service offerings, often requiring unique specifications.

Units

The basic measure of a product or commodity used in the manufacturing and inventory process.