Contractual Requirements and Implications for the Business

Running head: STRATEGIC ORGANIZATIONAL PLANNING
STRATEGIC ORGANIZATIONAL PLANNING
Name of the Student
Name of the University
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1STRATEGIC ORGANIZATIONAL PLANNING
Written Activity
Outline of the Contractual Requirements and Implications for the business
The contractual requirements are offer, acceptance by the business. There are another
requisites for the contract that are mutual obligations, legal competencies and abiding the
formalities. This can affect the business in abiding the following way to maintain the legality
for the business.
Financial management requirements and processes of the business
The business process of Toyota Australia is one of the major issue that has been
associated with the development of the organization. The key business processes are
inclusive of production system and it is one of the major activity for financial management
that is associated with the development of the production line-up to ensure the proper usage
of the funds.
Researching industry trends and practices that are relevant to the
organisations strategic directions
The trends in the research industry has been inclusive of the factors such as AI,
Machine Learning and Automation. Toyota being one of the market leader has incorporated
them in enhancing their production systems and incorporating them in the cars as well. These
trends in the car industry can help the company to increase the engagement in the country and
enable them the freedom to incorporate the changes to attain the strategic goals.
Types of resources required to undertake projects
There are mainly three types of resources that are required for Toyota to undertake the
projects includes the human resources, financial resources and marketing resources. It is one

2STRATEGIC ORGANIZATIONAL PLANNING
of the major resources that are associated with undertaking the project. This enables the
company to use those resources and engage in the process of undertaking the projects.
Processes involved in identifying strategic goal setting and activities
One of the main ways to develop a strategic plan is to consider the vision statement as
it is one of the major contributor towards building the various aspect that are related to the
enhancement of the long-term goals. For Toyota the vision statement, being successful in the
market by offering value to its stakeholders.
SWOT
Strengths
 Toyota is one of the market
leaders in the segment of car
manufacturers. This enables the
company to enjoy a success.
 Production line of Toyota is one
of the superiority that Toyota
possesses. This helps the
company to get involved in one
of the most efficient and lean
production line in the industry.
 Toyota possesses a supply chain
that is lean and better than any of
the competition which enable the
company to enjoy a competitive
advantage over the other players
in the market.
 Toyota is one of the brand that
have a higher perceived value of
among the customer. For the
customer Toyota perceived as
one of the most sustainable
Weaknesses
 Toyota needs to improve the brand
image among the customer. It is
one of the major aspect to build
the customer loyalty among the
customer which can contribute to
the enhanced sales in the region
and help in reaching the long term
organisational goals.
 Toyota should avoid being
involved with the aspects that are
related to the risk management of
the company. The company should
not engage in the activities that
can adversely affect the
company’s image among the
customers.
 Toyota’s one of the major issues
that customers perceives it the
crisis handling situation. It is one
of the major drawbacks for Toyota

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companies in the market.
 The key factors that have
contributed to generating the
sales is inclusive of the factors
such as innovation and quality
provided by Toyota. It is one of
the brand that have contributed
to the enhancement of the
products that have contributed to
the enhancement of customer
delight.
to be involved in such issues.
 The factors that are associated
with making the sales volume low
for Toyota are, premium prices
and the negative publicity in the
market.
Opportunities
 Growing sector for the SUVs is
one of the major aspect that is
associated with providing Toyota
with a nice place in the market.
 Trend of technological
advancement that have been
incorporated in the cars along
with the sustainability initiatives
that have been taken by the
company is one of the major
aspect that is associated with the
organization. The trend of the
market about the SUVs is one of
the major factors that have
contributed to the organization.
The government of Australia has
also incorporated legislation to
support the owners of the vehicle
to abide the laws.
 The growth in the car market is
also a positive indicator for the
organization to incorporate the
Threats
 The current obstacle for Toyota is
the negative image that have been
perceived by the customers in the
market. This can affect the
company’s brand image and
impact the sales of the cars.
 Competition in the market of cars
is very high in Australia. The
competition is incorporating the
technological innovations in their
products and to add to that
initiative to reduce the
consumption of the fuels is one of
the key areas that is needed to be
addressed by the company.
 The quality of the Toyota products
are very high thus, the customers
are paying a premium for that
quality. However, the competitive
pricing in the market is one of the
key threats that the company needs