Briefly discuss the House of Toyota, including its origin and key points
What will be an ideal response?
The House of Toyota is a graphic presentation of all the essential elements of lean systems that make the Toyota Production System (TPS) work well. It was originally used by Toyota to define TPS to its employees and suppliers. Its roof represents the primary goals of high quality, low cost, waste elimination, and short lead times. The roof is supported by the twin pillars of JIT and jidoka, which stand on a base of operational stability that comes from leveraging a number of lean concepts. For additional details refer to Figure 6.3, page 217 in the text.
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Spoexa, a food-marketing company was hired by the French Ministry of Agriculture to organize cocktail parties in 19 countries in order to:
A) promote French wines. B) promote French cheese. C) show that French cuisine is laid back. D) show that French wines are superior. E) show how to use French cuisine.
Putting yourself in another's place and communicating respect and understanding is called
A) equality B) evaluation C) empathy D) neutrality
Which of the following is an example of a topic often discussed in the marketing plan segment of a sales presentation for an end-user?
A. Geographic advertising B. Trade shows C. Availability D. Samples E. List price
If $1,000,000 of 8% bonds are issued at 105, the amount of cash received from the sale is
A) $1,080,000 B) $950,000 C) $1,000,000 D) $1,050,000