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Toyota's Global Success in the 1990s and Early 2000s Was

Question 42

Multiple Choice

Toyota's global success in the 1990s and early 2000s was based to a large extent on a network of world-class suppliers in Japan. This tightly knit network allowed for fast two-way knowledge sharing-this in turn improved Toyota's quality and lowered its cost, which it leveraged into a successful blue ocean strategy at the business level. This example shows the effectiveness of


A) factor conditions.
B) competitive intensity in a focal industry.
C) demand conditions.
D) related and supporting industries/complementors.

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