Question: https://youtu.be/F5vtCRFRAK0 Watch the video How Toyota Changed the Way We Make Things and answer the following questions. Make sure to be specific/include examples in your

https://youtu.be/F5vtCRFRAK0

Watch the video "How Toyota Changed the Way We Make Things" and answer the following questions. Make sure to be specific/include examples in your responses.

1. What activities in Toyotas value chain add the most value? Name at least two activities and identify them as primary or support activities. Explain how they add value. (100-150 words).

2. Choose two primary activities in Toyotas value chain and explain how they are interrelated. Explain how a weakness in one area of activities would affect the other. (150-200 words).

3. Consider one of Toyotas support activities. Explain how this activity is interrelated with one or more primary activities. Explain how a weakness in the support activity would affect the primary activity(ies) that you selected. (150-200 words).

4. Based on Toyotas experience. Explain the importance of understanding a firms value chain. In other words, what can a company gain out of this understanding? (100-150 words).

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