Pearson BTEC L3 Business: The Effects of the Environment on Toyota

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This report, prepared by a student, analyzes the impact of the external environment on Toyota Motor Corporation. It examines various factors, including political stability, economic conditions, social trends, technological advancements, legal frameworks, and environmental concerns, using PESTLE analysis. The report also incorporates internal environment analysis, competitive analysis, and market structure considerations. It explores the influence of demand, supply, and price on Toyota's business. Furthermore, the report utilizes SWOT, 5Cs, and Porter's Five Forces analyses to evaluate the business's response to past changes and suggest strategies for future adaptation. The report concludes with recommendations based on the research findings, supported by a clear conclusion and well-balanced arguments.
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THE EFFECTS OF THE ENVIRONMENT ON A BUSINESS
Jamshid Oripov
Unit 1: Exploring Business
Lecturer: Dilmurod Sharifov
Group ID: L3-BU-2001
Student’s ID: AP103709
Submission date: 06.02.2021
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AP103709 1
BTEC LEARNER ASSESSMENT SUBMISSION AND DECLARATION
When submitting evidence for assessment, each learner must sign a declaration confirming that
the work is their own.
Learner Name: Jamshid Oripov
Assessor Name: DILMUROD SHARIFOV
BTEC Programme Title: Pearson BTEC Level 3 International Foundation
Diploma in Business
Unit or Component Number and
Title:
UNIT 1: Exploring Business
Assignment Title: The Effects of the Environment on a Business
Date Assignment Submitted: 06.02.2021
Please list the evidence submitted for each task. Indicate the page numbers where the evidence
can be found or describe the nature of the evidence (e.g. video, illustration).
Assignment task reference Evidence submitted
https://www.toyota.com/ Toyota annual report 2019
http://panmore.com/ For company’s analysis
https://www.google.com/ Any information about Toyota
http://mybib.com/ For referencing
Learner declaration
I certify that the work submitted for this assignment is my own. I have clearly referenced any
sources used in the work. I understand that false declaration is a form of malpractice.
Date: 06.02.2021
1
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AP103709 2
BTEC Learner Research Evidence (Log)
Learner Name: Jamshid Oripov
Assessor Name: DILMUROD SHARIFOV
BTEC Programme Title: Pearson BTEC Level 3 International Foundation
Diploma in Business
Unit or Component Number and Title: Unit 1: Exploring Business
Assignment Title: The Effects of the Environment on a Business
Date Assignment Submitted: 06.02.2021
Date
accessed the
source
(website,
book,
magazines,
annual
reports, etc.)
Details about the research:
What did I search?
How did I search for it?
Where did I do the research?
What did I obtain (get)?
25.01.2021 Searched about company’s website, About Us section through
https://www.apple.com/newsroom/ website. I conducted my research at home
via online search.
I obtained company’s profile and updates.
26.01.2021 I searched from company’s website https://www.toyota.com/ read about Toyota
company’s profile
27.01.2021 https://www.toyota.com/search/search.html?keyword=annual+report&locale=en
from there I download annual report 2020 and obtain more information
28.01.2021 : http://panmore.com/toyota-swot-analysis-recommendations from this site I
take information Toyota’s SWOT analysis
29.01.2021 http://panmore.com/toyota-pestel-pestle-analysis-recommendations I read about
Toyota’s PESTEL analysis
30.01.2021 http://panmore.com/toyota-five-forces-analysis-porters-model I obtain
information about Five forces analysis (porter’s model) for Toyota company
1.02.2021 http://panmore.com/toyota-external-analysis-opportunities-threats I take some
information which effect Toyota’s external environment, also about competitive
environment
2.02.2021 https://medium.com/@vineethmuni/demand-and-supply-analysis-on-toyota-
motors-cc4a37221827 From this site I obtain some information about influences
2
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AP103709 3
of supply, demand and price for Toyota company
3.02.2021 https://www.toyota.com/support/#!/app/ask I wrote to there for take additional
information about company’s internal environment but unfortunately they did
not respond
4.02.2021 https://www.toyota.com/configurator from there I take information about car’s
price and which kind of cars selling more than others
5.02.2021 https://www.mybib.com/#/projects/XvW31z/citations I did all my references
from there
3
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AP103709 4
Table of Contents
1.0. Introduction...................................................................................................................7
2. Research Methodology....................................................................................................9
2.1 Primary Research Method..........................................................................................9
2.2 Secondary Research Method....................................................................................10
3.0. Research Findings.......................................................................................................12
3.1. Company Profile.....................................................................................................13
3.2. The external environment that Affects the business...............................................13
3.2.1. PESTLE Analysis.................................................................................................13
3.2 The internal environment.........................................................................................14
3.3. The competitive environment..................................................................................14
3.4. The influences of demand, supply and price...........................................................14
3.5. The different market structures...............................................................................14
4.0. Discussion and Analysis.............................................................................................16
4.1. PESTLE Analysis....................................................................................................16
4.2. SWOT Analysis.......................................................................................................16
4.3. 5Cs Analysis............................................................................................................16
4.4. Porter’s Five Forces................................................................................................16
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4.5. Evaluation of the effects of the environment on a business.......................................17
5. Conclusion.....................................................................................................................18
5.1. Recommendation.....................................................................................................18
Reference list.....................................................................................................................19
Bibliography......................................................................................................................20
Appendices........................................................................................................................21
Appendix 1.....................................................................................................................21
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List of Tables
TABLE 1 PESTLE ANALYSIS OF THE COMPANY..............................................................................................................17
List of Figures
FIGURE 1 SWOT ANALYSIS OF THE COMPANY.............................................................................................................21
6
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AP103709 7
1.0. INTRODUCTION
It has been asked to select and investigate a large business Toyota Motors that trades in
the European Union and through this research, I will write a report that evaluates the effects of
the environment on that business . I will examine the environment in which the business
operates, and gather enough information to consider how the chosen business has responded to
past changes and evaluate how it may react to future changes.
The investigate will incorporate the outside environment that influences the trade,
counting political, financial, financial, financial and other government arrangements, social states
of mind to sparing, investing and obligation; social duty necessities, innovative alter, natural
components and moral patterns and the lawful environment. Besides, I will examine the inside
environment by centering on corporate culture and corporate social duty. The competitive
environment, such as competitive advantage, impacts the chosen business’ request, supply and
cost will be included. At last, I will evaluate the diverse showcase structures that the trade works
in, their affect on estimating and yield choices, and their responses. Using the inquire about
discoveries, I will get ready a report that examines and surveys the impacts of the environment
on the trade and how the trade has responded to alter.
Most vitally, I will conduct a situational investigation of the commerce environment
utilizing different methods such as PESTLE, SWOT, 5Cs investigation, and Porter’s Five
Powers. The report will assess the degree to which the commerce has reacted to past changes
within the showcase and commerce environment, and propose how this commerce may respond
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to future changes. The report will have a clear conclusion that's completely advocated by well-
balanced, created contentions and is upheld by great utilize of inquire about prove.
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2. RESEARCH METHODOLOGY
2.1 PRIMARY RESEARCH METHOD
I wrote to the company via email to get information, but unfortunately they did not respond to
me.
9
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3.0. RESEARCH FINDINGS
3.1. COMPANY PROFILE
Company name
Toyota Motor Corporation
President and Representative Director
Akio Toyoda
Date founded
August 28, 1937
Shareholders
Shareholder composition
https://global.toyota/en/ir/stock/outline/
Capital (as of Match 31, 2020)
635billion yen
Main business activities
Motor vehicle production and sales
Number of employees (as of March 31, 2020)
74,132 (Consolidated 359,542)
(TOYOTA MOTOR CORPORATION, 2019b)
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TOYOTA Engine Enterprise could be a Japan-based company locked in within the car
business, finance commerce and other businesses. The Car portion is locked in within the plan,
fabricate and deal of sedans, minivans, 2box, sports utility vehicles, trucks and related vehicles,
as well as related parts and items. The Finance segment is locked in in fund and vehicle renting
commerce. The Other fragment is locked in within the design, make and deal of houses, as well
as conduct data communication trade. The Company is additionally locked in within the control
of fabricating and deals companies, as well as open relations and investigate exercises trade in
North American and Europe by backups(Reuters Editorial, 2020)
3.2. THE EXTERNAL ENVIRONMENT THAT AFFECTS THE BUSINESS
3.2.1. PESTLE ANALYSIS OF THE CHOSEN COMPANY
POLITICAL Toyota is subject to the effects of political conditions. This dimension
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