Question

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.

Answer 1

c. strategic network.

Step-by-step 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.