Preview

Case Toyota

Satisfactory Essays
Open Document
Open Document
685 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Toyota
Name: Nguyễn Chí Nghĩa
IRN:1132300262
Email Address: nghia.nguyen.k1sba@eiu.edu.vn

Toyota: Building Cleaner, Greener Cars
1. How does Toyota’s approach to social responsibility relate to the three concepts of social responsibility described in the text?
Profit responsibility: holds that the company has a simple duty: to maximize profits for their owners or stockholders. As mentioned in Toyota case, Toyota started from the year 1930 and has brought huge profits from many brands such as Corolla with 270 million purchased in more than 140 countries. Besides, the company also developed by many activities through many years.
Stakeholder responsibility: focuses on the obligations an organization has to those who can affect achievement of its objectives. In 2010 Toyota’s sales and distribution organization includes 1232 Toyota dealers and 229 Lexus dealers.
Societal responsibility: Geek Squad has proved the fact that they are caring about the society by building the respect to others and especially the environment. Moreover, according to Jana Hartline, the value is creating a unique corporate environment.
2. How does Toyota’s view of sustainable mobility contribute to the company’s overall mission?
Today, Toyota is the world’s largest automobile manufacturer. The company is ranked the eighth largest corporation by Fortune magazine. The company’s core principle is “to contribute to society and the economy by producing high-quality products and services.” Its success is often attributed to a business philosophy referred to as “The Toyota Way.”
The Toyota Way is a business philosophy used to
(1) Improve processes and products
(2) Build trust
(3) Empower individuals and teams Toyota really care about the values of the environment so they have set a five-year environmental action plan in order to gain public attention about what they are doing is to help the environment. They operate the plan within five areas:
Energy and climate change
Recycling and

You May Also Find These Documents Helpful

  • Good Essays

    The company has an opportunity to improve its social responsibility and turn what it views as issues into positive interactions with the community. The company should consider implementing the following plans:…

    • 739 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    2) What are the 4 types of corporate social responsibilities by business and should all organizations practice all 4 types? Why or why not?…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    I would like to describe to you the three concepts of social responsibility in relationship to the Whirlpool Corporation.…

    • 696 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Bus4002 Business Report

    • 4988 Words
    • 20 Pages

    The report will choose the Toyota Motor Corporation as a case and analysis some questions about the company. There are three chapters in the report; these chapters discuss the competitive position, cross-cultural and the balance of social responsibility and profitability.…

    • 4988 Words
    • 20 Pages
    Better Essays
  • Powerful Essays

    Toyota’s company is a product of many years of experience, production and high efficiency. Toyota has been one of the most successful companies all over the world. Toyota’s company success in leading the Japan’s economy to be NO.1 in Asia, beside that Toyota is a major multinational car manufacturer headquartered in Japan. It was built by Kiichiro Toyoda in 1937. Nowadays this factory is the first factory for cars in the world. And what make Toyota’s so special that it manufactured vehicles with high quality and simplicity in use, beside the less costly compared with the other companies, which make the use of Toyota vehicles so extended. Toyota is the second largest producer of vehicles all over the world with a production of 6 million vehicles per year deployed in more than 160 countries, Also achieve an annual income of 108 billion dollars .Toyota produces a full range models of vehicles and employs 246, 700 staff.…

    • 1978 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Toyota motor corporate is a Japanese automotive manufacturer headquartered in Toyota, Aichi Japan. In 2013, the multinational corporation consisted of 333,498 employees worldwide and as of January 2014 is the 14th largest auto manufacturer in 2012 by production. It’s the worlds 1st automobile manufacturer to produce more than 10 million vehicles per year. It was founded by Kiichiro Toyoda in 1937 as a spinoff from his fathers company Toyota Industries to create automobiles. Toyota is now number 5 on the list of “Which Automotive Companies Lead the Innovation Race?” Their global vision is “Toyota will lead the way to the future of mobility, enriching lives around the world with the safest and the most responsible ways of moving people. Through our commitment to quality, and respect to the planet, we aim to exceed expectations and be rewarded with a smile. We will meet our challenging goals by engaging the talents and passion of people who believe there is always a better way.”…

    • 1760 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Toyota Business Model

    • 763 Words
    • 4 Pages

    The success story of Toyota Motor Corporation (TMC) is becoming a world famous school example for every business owner that wants to grow its company to a global level, take it through difficult times and make it number one in the world. Toyota which was founded as a public company in 1937 entered in 1957 the US market for the first time. At that time it seemed almost impossible for Toyota to compete with the world leading car manufacturer General Motors and the number one importer Volkswagen. However, by 1970 Toyota managed to become the fourth largest car manufacturer in the world and by 1975 it jumped over Volkswagen to become the largest car importer in the U.S..…

    • 763 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Toyota Case Study

    • 1834 Words
    • 8 Pages

    Toyota Motor Corporation is a famous global automaker headquartered in Japan, which commonly known as Toyota (Liker, 2004). As a leader in the global car market, Toyota Motor is famous of manufacturing quality cars with low price. Toyota’s world-leading quality and the management system are remarkable. In 2003, the annual profit of Toyota was larger than the combined earnings of GM, Chrysler, and Ford. Also, Toyota’s market share increased 24% over 2002, so a number of analysts estimated that Toyota’s market share would pass GM in few years and become the largest automaker in the world (Liker, 2004).…

    • 1834 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Tui Mgt 499 Module 1 Case

    • 550 Words
    • 3 Pages

    From first reading, the Toyota’s vision and mission statement related to the needs and benefits of the stakeholder. Although a couple of years ago no one would doubt it as a fact, but after the recent scandal the situation proved to be entirely opposite. Recently, a new global vision was released by the Toyota Corporation. It has reconfirmed Toyotas commitment to the stakeholders with an additional commitment to the environment also. It seems that Toyota put profit higher than any business ethics and the most essential customer need – safety. Toyota choices to increase production and not focus on the fundamentals strengths of the teams eventually erased 50 years of work and millions of dollars for a fast and dishonest profit.…

    • 550 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Toyota Way

    • 643 Words
    • 3 Pages

    :The Principle :Form vs. Function of Teams Developing Excellent Individual Work While Promoting Effective Team Work Launching a Toyota Facility in North America: One Shot at Getting the Culture Right Developing Teams at Toyota: Not a One-Minute Proposition Work Groups Are the Focal Point for Solving Problems At Toyota, Everything You Learned in School About Motivation Theory Is Right People Drive Continuous Improvement…

    • 643 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Case Chrysler

    • 896 Words
    • 4 Pages

    On April 4, 2008, Tata Consultancy Services (TCS), a leading global information technology services provider, announced it had signed a multi-year, multimillion dollar outsourcing contract to provide Chrysler LLC with a comprehensive set of information technology services. Was this a good move for Chrysler? Tata Consultancy Services is a unit of the Tata Group, and a sister division to Tata Motors, a company that will compete in India – and potentially other parts of the world – with Chrysler. Tata Motors recently purchased the Jaguar and Land Rover Brands from Ford Motor Company. One of TCS’s focus markets is the automotive industry. TCS provides services for products development, manufacturing, supply chain, and customer service support to the leading auto manufacturers and suppliers in North America, Europe, and Japan. More than 15 percent of TCS’s $4.3billion in annual revenue came from services for auto manufacturers. A preliminary version of the agreement had been announced earlier in February. Tata agreed to take over Chrysler’s application maintenance and support services, particularly for Chrysler’s sales, marketing, product development, shared services, and after sales functions. In providing theses services, TCS will leverage its Global Network Delivery Model, a collaborative best-of-class framework of people, processes, and infrastructure that uses TCS’s tools, methodologies, and products to help customers reduce implementation time and realize business benefits. The Global Network Delivery Model is considered a benchmark of excellence in software development. TCS has over 108.000 IT consultants in 47 countries, including the United States. According to N. Chandrasekaran, TCS executive director and chief operating officer, “The expertise and in-depth knowledge of the automotive industry and Chrysler’s business, coupled with our ability to deliver certainty of results, will provide sustained value to…

    • 896 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Gm & Toyota

    • 1454 Words
    • 6 Pages

    Toyota and General Motors are both in the manufacturing and sale of motor vehicles. They each have its own mission, values and conscientious effort to be socially responsible. A company’s mission, vision and core values define how the corporation functions and interacts with the local and global community. Corporations have a social responsibility and duty to protect the individual, society in which it operates and the corporation itself from harm. When corporations fail to follow their mission, values, and duty to social responsibility, it may run into problems of an ethical or legal nature.…

    • 1454 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Around 1500 students participate in Road Safety week each year • Videos, games , booths…

    • 598 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    the case study of Toyota

    • 2067 Words
    • 20 Pages

    The firm Toyota Motor Company was founded in 1937 • Currently is one of the leading automobile manufacturers in the world • High reputation for its methods of continuous self-improvement • Toyota’s products are acknowledge for their quality and reliability Quality Management | Fall 2013 4 Case Summary Toyota Background •In 1982, it formed a joint venture with General Motors seen as a learning opportunity - New United Motor Manufacturing Inc. (NUMMI) •In 1988, Toyota produced more than 5.2 million cars BUT… aggressive penetration in other countries (Brazil, China or India) strained the company’s resources, led it to misread the market, to produce faulty products and to built underutilized plants…

    • 2067 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    consumer behaviour

    • 3804 Words
    • 16 Pages

    Toyota Global Vision and Strategy The ‘Toyota Global Vision’ announced in March 2011, is an articulation of what kind of company we want to be — what kind of company we ought to be. It clarifies our value, “we want Toyota to be a company that customers choose and brings a smile to every customer who chooses it.” The ‘Toyota Global Vision’ is a distillation of our resolve towards a better future. The purpose is to unite all Toyota affiliates and employees around the world in a common understanding of the path that we should take towards sustainable growth.…

    • 3804 Words
    • 16 Pages
    Good Essays