Business Organizations: Toyota's Challenges in Belgium Context

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Added on  2024/05/17

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AI Summary
This report examines Toyota's business expansion into Belgium, focusing on the rivalry challenges the company may encounter. As a leading automobile manufacturer from Japan, Toyota aims to extend its market presence in Belgium. The report provides background information on Toyota, highlighting its position as the world’s fifth-largest company by revenue and its production of over 10 million vehicles annually. It also includes an overview of the business environment in Belgium, identifying key factors relevant to Toyota's operations. The report outlines a time plan for conducting the analysis, covering activities such as an overview of the operating country, analytical approaches using PESTLE analysis and Porter’s Five Forces model, implementation analysis, and conclusions. A Gantt chart visually represents the timeline for these activities, spanning from March 1st to March 14th, detailing the duration of each phase of the analysis.
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Plan
Introduction
This report is based on the business scenario of Toyota which is to coming up in Belgium.
The main issue which is to be covered in this report is the rivalry challenges that can be faced
by the management of Toyota while implementing their business in a new country. Basically,
Toyota is an automobile company in Japan which are going to expand their market in
Belgium.
Background to Business Organisation
Toyota is the world’s fifth-largest company by revenue located in Japan. This organisation is
famous for the manufacturing of luxury cars, motors, and other vehicles. As per a survey,
Toyota manufactures more than 10 million of vehicles per year which is more than its
competitors. In 1934, the Toyota Motor Corporation produces vehicles under five brands.
Background to Business Environment
The background information which is to be included in the business environment of Belgium
is the strong factors that can be used in the operating country.
Time Plan
Activities Starting date Ending date Duration
Introduction to report 1 March 2018 2 March 2018 2 days
Overview and
analysis of the
operating country
3 March 2018 4 March 2018 2 days
Analytical
approaches (PESTLE
Analysis and Porter’s
5 March 2018 7 March 2018 3 days
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five force model)
Implementation 8 March 2018 9 March 2018 2 days
Analysis of the
approaches
10 March 2018 12 March 2018 3 days
Conclusion 13 March 2018 14 March 2018 2 days
Gantt chart
Activities 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Introduction of report
Overview and analysis of the operating country
Analytical approaches
Implementation
Analysis of the approaches
Conclusion
Duration (March)
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