An Increase in the Value of the Yen Against the U.S

question 38

Multiple Choice

An increase in the value of the yen against the U.S. dollar can cause the Japanese automaker Toyota to either ________ on its U.S. sales.

• A) lose market share or reduce its profit margin
• B) gain market share or reduce its profit margin
• C) lose market share or increase its profit margin
• D) gain market share or increase its profit margin

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Definitions:

Intuitive-Type

A person who relies more on intuition and subjective impressions than on rational analysis and objective evidence.

Reason

The power of the mind to think, understand, and form judgments by a process of logic.

Dogmatism

The tendency to lay down principles as incontrovertibly true, without consideration of evidence or the opinions of others.

Authoritarianism

A leadership style marked by strict adherence to authority and control, often at the expense of individual freedom and creativity.