Which of the Following Environmental Factor(s)could Have Caused Toyota to Decide

question 78

Multiple Choice

Which of the following environmental factor(s) could have caused Toyota to decide to build a manufacturing plant in Canada instead of continuing to export their cars from Japan?

• A)a growing trend in Canada to "Buy Canadian"
• B)the failure of Honda in manufacturing Accords in Alliston, Ontario
• C)a rise in the value of the Canadian dollar relative to the Japanese yen
• D)decreased pressure from auto makers on the government for more restrictive quotas on Japanese car imports

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Definitions:

Production Function

A mathematical model that describes the maximum output of a firm, given the inputs of labor, capital, and technology.

Plastic

A wide range of synthetic or semi-synthetic materials that are malleable and so can be molded into solid objects of diverse shapes.

Wood

A hard, fibrous material made of the stems and branches of trees or shrubs, often used for construction, furniture, and fuel.

Production Function

A mathematical relationship describing the maximum output possible from a given set of inputs in the production process.