Toyota
Toyota Trims Production Further
Kwame Jarvis
Effective Business Communication
Dr. DiSiena
TABLE OF CONTENTS
Executive Summary (Abstract)…………………………………………………………………...3
Introduction………………………………………………………………………………………4
A. Statement of the Problem B. Scope or Limitations C. Procedures
Body of Report……………………………………………………………………………………5 A. Background……………………………………………………………………………….5 B. Determinations of Criteria………………………………………………………………...6 C. Discussions of Findings…………………………………………………………………...8
Summary/Conclusions Recommendations………………………………………………………..9
Appendices………………………………………………………………………………………10
Works Cited……………………………………………………………………………………...11
EXECUTIVE SUMMARY
This report is about Toyota and how they had to scale back on production. Toyota is one of the world leading automakers. The economy is on a spiraling downfall and it is causing a lot of big name companies to cut back whether it is limiting employee hours or firing employees. Another factor that goes into play is over-production and over-paid workers. Therefore, Toyota was forced to make some changes with their North American plants to cope with what they called “the worst automotive slump in decades.” There are a few things Toyota plans to do in order to help the situation. Toyota plans on scheduling “non-productions days” which they hope would suppress the over-production issue. Some other possibilities are shortening work weeks at certain plants, eliminating executive bonuses and trim executive salaries, and offer “no wage increases for the foreseeable future. This report will give you details on how Toyota plans to deal with the situation. Also how Toyota is already affected by it and their plans to cope with it.
INTRODUCTION This report was written to give an idea on how the economy and certain factors can affect a company with such clout as Toyota. The problem is how Toyota had to scale back on production. Toyota is one of the world leading
Kwame Jarvis
Effective Business Communication
Dr. DiSiena
TABLE OF CONTENTS
Executive Summary (Abstract)…………………………………………………………………...3
Introduction………………………………………………………………………………………4
A. Statement of the Problem B. Scope or Limitations C. Procedures
Body of Report……………………………………………………………………………………5 A. Background……………………………………………………………………………….5 B. Determinations of Criteria………………………………………………………………...6 C. Discussions of Findings…………………………………………………………………...8
Summary/Conclusions Recommendations………………………………………………………..9
Appendices………………………………………………………………………………………10
Works Cited……………………………………………………………………………………...11
EXECUTIVE SUMMARY
This report is about Toyota and how they had to scale back on production. Toyota is one of the world leading automakers. The economy is on a spiraling downfall and it is causing a lot of big name companies to cut back whether it is limiting employee hours or firing employees. Another factor that goes into play is over-production and over-paid workers. Therefore, Toyota was forced to make some changes with their North American plants to cope with what they called “the worst automotive slump in decades.” There are a few things Toyota plans to do in order to help the situation. Toyota plans on scheduling “non-productions days” which they hope would suppress the over-production issue. Some other possibilities are shortening work weeks at certain plants, eliminating executive bonuses and trim executive salaries, and offer “no wage increases for the foreseeable future. This report will give you details on how Toyota plans to deal with the situation. Also how Toyota is already affected by it and their plans to cope with it.
INTRODUCTION This report was written to give an idea on how the economy and certain factors can affect a company with such clout as Toyota. The problem is how Toyota had to scale back on production. Toyota is one of the world leading