Toyota's just-in-time system is an example of
A)backward (upstream)integration.
B)quasi-vertical integration.
C)using transfer pricing to avoid price controls.
D)horizontal, downstream integration.

Question

Quizplus · Accepted Answer

Toyota's just-in-time system involves close coordination and integration with suppliers, but it does not involve the acquisition or ownership of those suppliers. This is why it is often called a quasi-vertical integration strategy.

Toyota's Just-In-Time System Is an Example of