Toyota Employs All of the Following Business Practices as Part

question 48

Multiple Choice

Toyota employs all of the following business practices as part of "The Toyota Way" EXCEPT:

• A) to continuously improve business operations, always striving for innovation and evolution.
• B) to maximize individual and team performance.
• C) to always go to the source to find the facts and make correct decisions.
• D) to build trust and take responsibility.
• E) to contribute to society and the economy by producing high-quality products and services.

---

Definitions:

Factory Owner

An individual or entity that holds the ownership of a manufacturing unit where goods are produced.

Average Product

In economics, the output per unit of input, such as labor or capital, calculated by dividing total production by the total quantity of the input used in production.

Local Factory

A manufacturing facility situated within a specific locality or geographic area, contributing to the local economy.

Productivity

The efficiency with which inputs (such as labor and capital) are converted into outputs like goods and services.