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21 July, 17:56

Toyota and its suppliers have a relationship in which Toyota encourages suppliers to modernize their facilities and provides them with technical and financial assistance to do so. It also promotes longer-term contracts with suppliers and enables engineers in the supplier companies to have better communication with Toyota. This is an example of a (n):

a. SBU multidivisional structure.

b. worldwide product divisional structure.

c. strategic network.

d. functional structure.

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  1. 21 July, 21:12
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    c. strategic network.

    Explanation:

    Based on the information provided within the question it can be said that this is an example of a strategic network. This term refers to a coordinated cooperation between various independent companies that promotes long-term business relationships, cooperation, and communication between the member companies within the network. Which is exactly what Toyota and it's suppliers have.
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