Company Name Toyota Motor Corporation Head Office Toyota‚ Aichi‚ Japan Established 1933 by Kiichiro Toyoda Chairman Fujio Cho President Katsuaki Watanabe Revenue USD$173 Billion (2005) Total Number of Employees 285‚977 (March 2006) Subsidiaries Toyota Financial Services‚ Daihatsu Motor Co.‚ Ltd.‚ Hino Motors‚ Ltd.‚ DENSO‚ Toyota Industries Industry Automobile manufacturing‚ Financial services‚ Biotechnology Products Toyota‚ Lexus and Scion Slogan Toyota Moving Forward
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The Ford Pinto Question 1 What moral issues does the Pinto case raise? ANS: The Pinto case raise the moral issues of what is the dollar value of the human life. That the businesses should not be putting a value on human life and disregard a known deadly danger. In order to perform a risk/benefit analysis‚ all costs and benefits must be expressed in some common measure. This measure is typically in dollars‚ as the Ford Motor Company used in its analysis. This can prove difficult for things that
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Moral Intensity of Ford Pinto Case Magnitude of the Consequences From the perspective of senior managers who made the decision‚ the magnitude of consequences introducing the Ford Pinto to the market is small. To support this point of view‚ Ford vice President firstly cited several statistical evidences. In 1975‚ only 12 of 848 deaths‚ which associated with passenger-car accidents in which fires also occurred‚ involved occupants of Pintos. And in 1976‚ the number of occupant fatalities in fire-associated
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Toyota Camry Review ------------------------------------------------- Scorecard Overall: | 8.4 | Critics’ Rating: | 8.2 | Performance: | 8.0 | Interior: | 8.0 | Safety: | 9.4 | Reliability: | | How we calculate scores Research analyzed for this review Pros & Cons * Strong performance * Great fuel economy * High reliability rating * Numb steering * Boring exterior styling * Some cheap interior materials Research Other Years * 2012 Toyota Camry
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Toyota case study Task 1 a) Brief overview of the critical importance of strategic operations management to a world class company. AND b) Critical review of Toyota’s strategic operations management activities from manufacturing‚ product/service and administration perspectives. a) Strategic operations management is of great importance to any organisation. The very existence of organisations in the modern competitive world depends on mass customization‚ Lean production‚ agile manufacturing‚
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I. Executive Summary The Ford Motor Company has been facing a steady decline in market share for approximately the past twelve years. This decline is largely attributable to their reputation for building poor quality vehicles that break down easily‚ and rising gas prices reducing demand for large trucks and SUVs‚ which is Ford’s main source of sales. Ford has already taken measures in response to this slump by introducing new car models such as the Fusion‚ as well as attempting to make their
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Case Study Questions – Toyota 1. I find that the Toyota Prius is in the Maturity stage of the product life cycle due to the massive competition arising from other manufactures such as Ford‚ GM and Honda. Due to this‚ Toyota is only receiving modest profit from the sales of the vehicle (Perreault‚ Cannon‚ McCarthy‚ 2006‚ p.666). The Prius quickly went through the stage of introduction and growth since it’s introduction in the US market in 2000 (p. 666). Because of this‚ the Prius is beginning
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2015. They are a leader in this technology as they have been with the plug in electric/gas vehicles. —Continue adapting to customer’s new needs scion – going for our generation of the generation Y‚ sporty but cheaper models of cars. While the Toyota is known as a family car‚ the scion is seen as the kids car. Going further‚ the lexus is known as the lexus – going for the people who can spend a little more money‚ and do not want the super popular cars. —More acquisitions to enter new markets
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2011 Planning & Assessing RX 330 Productions for Toyota North America Team Charlie Oscar Oscar Lima AMBA 640‚ Section 9044 8/9/2011 Section I II III Executive summary Introduction Exercise 1: Toyota Production System (TPS) today TPS term definitions & practical examples IV Exercise 1: TPS as a total entity Advantages Limitations Evolution TPS use among other companies V Exercise 2: Grid analysis (Weighted scoring model) Exogenous factors & assumptions Endogenous factors &
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Ethics? Course Description: Business ethics is an important part of any industry. Students or managers‚ unfamiliar with many ethical challenges‚ behaviors‚ or regulations will find themselves struggling in business industries that include finance‚ accounting or human resource management‚ marketing and retail. Today’s managers must necessarily concern themselves with ethical issues‚ because unethical behavior creates legal risks and damage to businesses as well as employees and consumers. Business ethics
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