What can honda do to reduce transaction costs

Assignment Help Management Theories

Reference no: EM133646854

Question: A) JIT though cuts down inventory at different stages yet it is not just a way to reduce inventory, Rather it is a means of solving problems that block building of an excellent manufacturing organizations. Discuss B) You supply steering wheels to Honda for their existing products. It approaches you to develop and supply the steering wheels of its new product, SUV. It also wants you to invest in the necessary "tools" required for the same and this will involve substantial investment. What can Honda do to reduce transaction costs in this arrangement?

Reference no: EM133646854

Questions Cloud

What you have learnt in university : what you have learnt in university? How might these experiences help you in the rest of your time in university, or when you graduate? How do they help develop

Impact on business outcomes and provide examples : business outcomes and provide examples that illustrate successful implementation and adherence to the plan and its direct influence on business outcomes

Describe the strategic approach of the united states : Describe the strategic approach of the United States to terrorism in Africa and explain the threat to the United States from terrorists recruited by Al Shabaab.

What is the slope dimension : raise the front of the cabin structure enough to compensate for the land's slope and get a level floor. what is the slope dimension

What can honda do to reduce transaction costs : tools required for the same and this will involve substantial investment. What can Honda do to reduce transaction costs in this arrangement

Abortion of the human foetus : The Abortion of the human foetus is highly controversial. Explain the issues and concerns that make it morally problematic.

Analyze terms of its current business model activities : Furthermore, analyze it in terms of its current business model activities and the decision processes that drive it.

Discuss the use and validity of mbti : Discuss the use and validity of MBTI. 2. What is your type? 3. What are your key learnings about your type? 4. What are the pros and cons of your type

Locke and parfits accounts of personal identity : Compare and contrast Locke and Parfit's accounts of personal identity. In what way do these philosophers agree and in what way do they disagree?

User Account

All Pages