Question

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

A) Japanese manufacturers are independent of wholesalers.
B) The costs of Japanese consumer goods are among the highest in the world.
C) The Japanese distribution structure supports short-term dealer-supplier relationships.
D) Large stores serve an important role for Japanese consumers.
E) Japanese consumers favor lower priced goods over personal service.

Answer 1

The most accurate statement about the Japanese market is that the costs of Japanese consumer goods are among the highest in the world, due to high income levels and the steep cost of living in cities like Tokyo. Option B is correct.

Step-by-step explanation:

The student's question asks which statement is true of the Japanese market. The answer is B) The costs of Japanese consumer goods are among the highest in the world. This is because income levels in Japan are high, and the cost of living, particularly in metropolitan areas like Tokyo, is quite substantial. Basic necessities like food and especially imported items can be expensive, and thus the cost for consumer goods is generally high as well.

Despite the high cost of living, Japanese economic growth has been significant since World War II, with manufacturers like Toyota, Honda, and Nissan setting a global standard for production quality and efficiency, which is a testament to the country's innovation and engagement in rigorous international trade.