Environmental Analysis Paper
Environmental Analysis As many may be aware, Toyota is not shy to the media spotlight. Toyota has been the number one automobile distributor since 1935 when the founder, Kiichiro Toyoda revealed their first model the A1 and by the 1950s. Toyota had produced more than 100,000 vehicles. However, not all of Toyota’s fame has been popular. Many will remember the major automobile company by the massive number of recalls totaling nearly one million, occurring in several countries across the globe. Half of the recalls were in Japan alone, but others were in the United States, Zimbabwe, South Korea, China, and Tanzania, to name a few. The recalls were from acceleration problems in different vehicles such as the Prius, Hybrid, Camry, and Sequoia Sports Utility Vehicles. On February 1, 2010, Toyota Canada Incorporation made the announcement that it would be recalling approximately 270,000 Toyota vehicles equipped with a specific accelerator pedal assembly and suspending delivery of the eight models involved in the recall on January 26, 2010. In this paper, Team C will elaborate on Toyota and its marketplace, provide the latest corporate reports, compare the three macroeconomic variables of employment, GDP and how it relates to Toyota’s deficit performance, provide its environmental analysis, and analyze information that identifies any relationships between the United States economic trends and the operational performance of Toyota.
Corporate Report In pursuing corporate objectives, Toyota outlines its commitment to developing the highest level of governance and cultivating a value-based performance culture that rewards exemplary ethical standards, respect for the environment and personal and corporate integrity. Toyota believes that there is a link between high quality governance and the creation of shareholder value. The work of the board of directors is based on the existence of a clearly defined division of roles and responsibilities between the shareholders, the
Corporate Report In pursuing corporate objectives, Toyota outlines its commitment to developing the highest level of governance and cultivating a value-based performance culture that rewards exemplary ethical standards, respect for the environment and personal and corporate integrity. Toyota believes that there is a link between high quality governance and the creation of shareholder value. The work of the board of directors is based on the existence of a clearly defined division of roles and responsibilities between the shareholders, the
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