Management and Organization Assignment - Toyota Motor
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Added on 2020-12-24
Management and Organization Assignment - Toyota Motor
Added on 2020-12-24
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Management and organization spring 2019
Table of ContentsManagement and organization spring 2019...............................................................................................1INTRODUCTION ...........................................................................................................................................3Task 1 ..........................................................................................................................................................3Background of the company ..................................................................................................................3Task 2 ..........................................................................................................................................................3Organizational structure and how structure could help the company ..................................................3TASK 3 .........................................................................................................................................................4Modern management approach that help the company, with Brexit imminent ...................................4TASK 4..........................................................................................................................................................5Strategic environment analysis ..............................................................................................................5CONCLUSION ..............................................................................................................................................6REFERENCES................................................................................................................................................7
INTRODUCTION Management And organizational are two different term in which management means to manage the people in the systematic manner where as organizational means defining and grouping of activities of the enterprise and establishing the authority relationships among them. This report is based on Toyota Motor Corporation which is Japanese multinational automotive manufacturer which headquartered in Toyota city, Aichi, Japan. Furthermore this report will cover the background of the company and also identify the organization structure of the company and analysis how this structure could help the company function effectively considering the positive effect of Brexit. It will also discuss the modern management approach that could help the company with Brexit imminent. And at last by the help of STEEPLE framework it will conduct a strategic environment analysis of Toyota and also identify one current innovative strategic objective of the company in wake of Brexit. Task 1 Background of the company Toyota is a Japanese multinational automotive manufacturer which headquartered in Toyota City, Aichi, Japan. Toyota has 364,445 employees worldwide. And as of September 2018, was the sixth largest company in the world by the revenue. Toyota was founded in 28 august 1937 as 81 years ago as spin off from his father‘s company Toyota Industries to create automobiles. The founder of Toyota was Kiichiro Toyoda. The major products that serve by Toyota are Automobile, luxury vehicles, commercial vehicles, engine. And the major services serve by it is banking, financing and leasing. The revenue of Toyota is 29,379,510 million and operating income 2399,862 million. Toyota is world‘s market leader in sales of hybrid electric vehicles, and also one of the largest companies to encourage the mass market adoption of hybrid vehicles across the globe. Toyota is listed on the London stock exchange, New York stock exchange and Tokyo stock exchange. The scope of organization is very wide and objective is to increase its sales (Lal, 2015).Task 2 Organizational structure and how structure could help the company Organization structure defines how activities such as task allocation, coordination and supervision are directed toward the achievement of organization aims. Organization need to be efficient, flexible, innovation and caring in order to achieve competitive advantages. Toyota uses tall organization
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