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Which of the following statements is true of the Japanese market?

1) The costs of Japanese consumer goods are among the lowest in the world.
2) Manufacturers are independent of wholesalers for a multitude of services to other members of the distribution network.
3) The Japanese distribution structure supports long-term dealer-supplier relationships.
4) Japanese law favors the establishment of large retail stores.
5) Japanese consumers favor price over personal service.

User Aniket
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1 Answer

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Final answer:

The true statement about the Japanese market is that it supports long-term dealer-supplier relationships which are essential for its manufacturing success. Consumer goods in Japan can be costly, manufacturers often rely on wholesalers, and Japanese consumers tend to prioritize personal service.

Step-by-step explanation:

Among the given statements about the Japanese market, the true statement is that the Japanese distribution structure supports long-term dealer-supplier relationships. This system has been vital to the success and growth of Japanese manufacturing, like the automobile industry, which includes companies like Toyota, Honda, Mitsubishi, and others. The long-term strategies used by the Japanese have fostered a business culture encouraging loyalty and commitment between dealers and suppliers, facilitating highly efficient and reliable supply chains.

It is not true that the costs of Japanese consumer goods are among the lowest in the world; in fact, due to import dependency for certain commodities like oil and food products, as well as the high cost of living in urban areas like Tokyo, consumer goods can be expensive. Manufacturers in Japan often rely on wholesalers and a network of other service providers, contrary to the claim that they are independent of wholesalers. While large retail stores face regulatory challenges, Japanese law does not inherently favor them. Lastly, regarding consumer preferences, Japanese consumers often prioritize personal service and quality, which counters the statement that Japanese consumers favor price over personal service.

User Matis Lepik
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