Both Honda and Toyota Have Plants in the United States

question 166

Multiple Choice

Both Honda and Toyota have plants in the United States that use American labor. This illustrates Honda's and Toyota's use of

• A)direct exporting.
• B)direct investment.
• C)joint venture.
• D)licensing.
• E)indirect exporting.

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Definitions:

Reshoring

The practice of bringing manufacturing and production back to the company's original country from overseas.

Intellectual Property

A category of property that includes intangible creations of the human intellect, such as inventions, literary and artistic works, designs, and symbols, names, and images used in commerce.

Advantage

A condition or circumstance that puts one in a favorable or superior position, especially in competition or comparison contexts.

Extensive Knowledge

A broad and deep understanding and insight into a specific subject area or multiple areas.