Which of the following statements most accurately describes the extent to which GM and Toyota outsource components?
A) GM and Toyota each outsource approximately 50% of their components.
B) Toyota outsources about 50% of its components; GM outsources about 75%.
C) GM outsources about 50% of its components; Toyota outsources about 75%.
D) Neither GM nor Toyota outsources a significant proportion of its components.
E) GM and Toyota each outsource approximately 25% of their components.
Answer: C) GM outsources about 50% of its components; Toyota outsources about 75%.