The difference in managerial theories can have a large impact on the success or failure of businesses.In the automobile industry,what effect has the difference in assumptions between U.S.and Japanese manufacturers had on the market? A) The Japanese market was so small they needed to expand to reach economies of scale. B) Lower fuel prices in the U.S. have yielded a sustained competitive advantage for U.S. firms thus far in the 21^st century. C) Fuel pricing differences have pushed the market to competitive parity. D) Higher gas prices in Japan drove the market toward more fuel-efficient products sooner than in the U.S.

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Quizplus · Accepted Answer

The context of higher gas prices in Japan gave those firms an added reason to focus on fuel-efficient vehicles while the U.S. was building SUVs and Hummers.

The Difference in Managerial Theories Can Have a Large Impact