Question

Mitsubishi Heavy Industries Ltd. and other Japanese companies manufacture airplanes under license to U.S. firms and also work as subcontractors for aircraft parts and systems. This type of effort is known as:

A) searching for loose bricks.
B) collaborating.
C) building of layers of advantage.
D) changing the rules of engagement.
E) innovating.

Answer 1

Mitsubishi Heavy Industries Ltd. and other Japanese firms manufacture airplanes and components for U.S. firms, which is a form of collaboration, fostering innovation and strengthening their position in the global market.

Step-by-step explanation:

The efforts of Mitsubishi Heavy Industries Ltd. and other Japanese companies in manufacturing airplanes under license to U.S. firms and working as subcontractors for aircraft parts and systems can be described as collaborating. Collaboration involves joint working between companies that may also be competitors in some markets, but decide to work together in specific areas or projects to achieve mutual benefits. This approach allows these companies to tap into their unique capabilities and technological know-how while also benefiting from economies of scale in international trade, fostering innovation, and improving their competitive edge in the global market.