The successful global expansion of manufacturing companies such as Toyota was based not just on ______________ products and selling them in foreign markets, but also on transferring ______________ to foreign markets where indigenous competitors lacked them.

Question

Quizplus · Accepted Answer

The correct answer is D) leveraging; core competencies. This is because Toyota and similar companies have succeeded globally by leveraging their unique strengths or core competencies, such as advanced manufacturing techniques and strong brand reputation, and transferring these advantages to new markets where local competitors may not have the same level of expertise or capabilities.

The Successful Global Expansion of Manufacturing Companies Such as Toyota