Toyota Case Study
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Toyota Case Study
Executive Summary
This research traces the internationalization of global manufacturing companies using known theories with focus on how one successful company has used finance, marketing and human resource management in helping it to internationalize its operations and product sales.
In particular this research will use Toyota Motor Company as the case study of this research tracing how since its inception in the year 1937 the company has been able to achieve such phenomenal growth in manufacturing and selling automobiles. The main reasons for choosing this company for this research is the growth the company has achieved over the years and has gained significant global market share in the automobile segment and the contribution that home country conditions has had on the success of the company.
Introduction
Toyota Motor Corporation is the third world’s prevalent automaker. It was instituted in the year 1937 in Japan. It has 12 plants in Japan as well as 54 manufacturing companies in 27 countries; it also markets its vehicles in more than 160 countries worldwide. In the year, 2010, Toyota employed approximately 300,734 people globally. It is the second largest automobile manufacture worldwide plus the ninth largest company globally by its revenue. In 2002, its estimated capital was about 397 billion yen (Toyota Global Corporate Site OICA Internet Site).
Impacts of globalization on Toyota Motor Company
Globalization can be termed as the network in which policies and networks operate in so as to aid in the success of multinational corporations in their aim to exploit successfully the resources of nations and communities. In the world, there are various globalization schemes that take place. However, the scrutiny of a single case will assist us in understanding the impacts that globalization has on multinational corporations and the differences in political economy. (Buckley, 2000)
Globally, Toyota Motor Corporation is ranked the seventh...
Executive Summary
This research traces the internationalization of global manufacturing companies using known theories with focus on how one successful company has used finance, marketing and human resource management in helping it to internationalize its operations and product sales.
In particular this research will use Toyota Motor Company as the case study of this research tracing how since its inception in the year 1937 the company has been able to achieve such phenomenal growth in manufacturing and selling automobiles. The main reasons for choosing this company for this research is the growth the company has achieved over the years and has gained significant global market share in the automobile segment and the contribution that home country conditions has had on the success of the company.
Introduction
Toyota Motor Corporation is the third world’s prevalent automaker. It was instituted in the year 1937 in Japan. It has 12 plants in Japan as well as 54 manufacturing companies in 27 countries; it also markets its vehicles in more than 160 countries worldwide. In the year, 2010, Toyota employed approximately 300,734 people globally. It is the second largest automobile manufacture worldwide plus the ninth largest company globally by its revenue. In 2002, its estimated capital was about 397 billion yen (Toyota Global Corporate Site OICA Internet Site).
Impacts of globalization on Toyota Motor Company
Globalization can be termed as the network in which policies and networks operate in so as to aid in the success of multinational corporations in their aim to exploit successfully the resources of nations and communities. In the world, there are various globalization schemes that take place. However, the scrutiny of a single case will assist us in understanding the impacts that globalization has on multinational corporations and the differences in political economy. (Buckley, 2000)
Globally, Toyota Motor Corporation is ranked the seventh...