In what ways did the Toyota and General Motors joint operation, New United Motor Manufacturing Incorporated, benefit the two firms?
A) NUMMI offered Toyota a lower-risk means of entering the U.S. market
B) The venture offered GM the chance to learn Japanese management
C) The venture offered GM the chance to learn Japanese production techniques
D) NUMMI offered both GM and Toyota economies of scale in manufacturing
E) All of the above

Question

Quizplus · Accepted Answer

The joint venture allowed Toyota to enter the U.S. market with reduced risk and provided GM with the opportunity to learn Japanese management and production techniques. Additionally, both companies benefited from economies of scale in manufacturing.

In What Ways Did the Toyota and General Motors Joint