When Daimler and BMW Pooled Resources to Develop Standardized Auto

question 125

Multiple Choice

When Daimler and BMW pooled resources to develop standardized auto components the supply-chain strategy could best be described by

• A) keiretsu
• B) virtual companies
• C) joint venture
• D) vertical integration
• E) few suppliers

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Definitions:

Improvements

Enhancements or upgrades made to processes, products, or systems to increase efficiency, effectiveness, or satisfaction.

Service

Activities or functions that are provided to meet the needs of customers or clients, often in exchange for payment.

Personal Attack

A personal attack involves criticizing or demeaning someone on a personal level rather than addressing the argument or the issue at hand.

"Nice" Customer

refers to a consumer who is particularly pleasant, agreeable, or easy to serve in a business context.