Preview

Singapore International Airlines

Powerful Essays
Open Document
Open Document
1863 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Singapore International Airlines
Unit Title: Communication in Business 100

Assessment: Critical Essay

Company: Toyota

Essay Title: Toyota CSR “Corporate Social Responsibility”

Tutorial: 3

Student Name: Min Thant Naing

Student Number: 14934818

Words: 1573

Tutor’s name: Anne Marie Gutierrez

Corporate social responsibility of Toyota is that how the companies manage their business in generally advantages force on society. In the early period, they only care for the company is how to generate profit for organizations and stakeholders. In the current year, the company has more responsibility on the society, people, animals and the environments. Since community development goals were giving activities that were seen as part from business objectives, not fundamental to them doing good were seen as separate pursuits ( Fiorina 2003 ). Toyota was established on 28August 1937. It provides various automotive vehicles ( TOYOTA, LEXUS, HINO ) all over the world. In this essay, the Company social responsibilities of Toyota organization will be reviewed. Toyota is a large and well-known company, it manufacture the luxuries cars to the user. Toyota always brings insightful technologies towards the society. The corporations has 320,590 employees ( included those dispatched from other company updated 31 March 2010 ).
Every corporation has its own advantages and disadvantages, being a big corporation like Toyota, do have to face such kind of problems. The company focused on the statement that customer first and policy first. The company is develop and provide innovative, safe and outstanding high quality products and services that meet a wide variety of customers' demands to enrich the lives of people around the world. ( Guiding Principles 3 and 4 ). They respect their employees and believe that the success of their business is lead by each individual's creativity and good teamwork. They promote personal growth for our employees. ( Guiding Principles 5 ). There are many disadvantages

You May Also Find These Documents Helpful

  • Good Essays

    Tui Mgt 499 Module 1 Case

    • 550 Words
    • 3 Pages

    From first reading, the Toyota’s vision and mission statement related to the needs and benefits of the stakeholder. Although a couple of years ago no one would doubt it as a fact, but after the recent scandal the situation proved to be entirely opposite. Recently, a new global vision was released by the Toyota Corporation. It has reconfirmed Toyotas commitment to the stakeholders with an additional commitment to the environment also. It seems that Toyota put profit higher than any business ethics and the most essential customer need – safety. Toyota choices to increase production and not focus on the fundamentals strengths of the teams eventually erased 50 years of work and millions of dollars for a fast and dishonest profit.…

    • 550 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Corporate social responsibility can simply be identified as a duty, which is not a legal obligation lately, under very much consideration by every multinationals, as well as the growing firm. The ongoing concern is meant to increase the awareness between the business Individuals, to implement and draw line which should clearly indicates that what social obligation an organization has towards the society.(Caroll,1970) (Caroll, Archie, B.(1991). The pyramid of corporate social responsibility is towards the moral management of organization stakeholder.…

    • 2712 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    BUS 357 Research Paper

    • 2491 Words
    • 10 Pages

    The purpose of this paper is to discuss the Toyota Motor Corporation from a global and international business standpoint so that the reader may understand why the company has become one of the largest automobile producing countries in the world. Toyota is an auto making company that has been around since the 1940s and has gradually made its way towards the top to become one of the largest industries in the world. The company has goals that they continually work to achieve, and also strong management practices that keep them slightly ahead of their competition. The leadership that Toyota pursues has a positive affect on where the company stands globally. The company also uses e-commerce, which has greatly benefitted the company in several ways. It has allowed the business to grow, as well as save them money and work more efficiently. Their organizational structure consists of teamwork between employees and the company stands behind having satisfied employees. After all, the most important philosophy that the company possesses states that the customer is the priority and the key to success is in its people.…

    • 2491 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    1101IBA Toyota

    • 1714 Words
    • 5 Pages

    Toyota Crisis: Management Ignorance? (Yuanyuan Feng 2010.) (Amendments/additions and adjustments made by Dr Daniel Ringuet)…

    • 1714 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Bus4002 Business Report

    • 4988 Words
    • 20 Pages

    The report will choose the Toyota Motor Corporation as a case and analysis some questions about the company. There are three chapters in the report; these chapters discuss the competitive position, cross-cultural and the balance of social responsibility and profitability.…

    • 4988 Words
    • 20 Pages
    Better Essays
  • Satisfactory Essays

    video case 3 and 4 SM

    • 277 Words
    • 2 Pages

    1. How does Toyota’s approach to social responsibility relate to the three concepts of social responsibility described in the text (profit responsibility, stakeholder responsibility, and societal responsibility)?…

    • 277 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    The current situation Toyota faces is the recall of millions of vehicles due to sudden acceleration causing the death of a few consumers. The delayed reaction from Toyota has them scrambling to make things right in the eyes of the customers and law makers. Robert Cole (2011) states “there appears to be two root causes for Toyota’s quality problems: the first is an outgrowth of management’s ambitions for rapid growth; and second is the result of the increasing complexity of the company’s products.”…

    • 1643 Words
    • 7 Pages
    Best Essays
  • Better Essays

    Toyota Motor Corporation is a multinational company which manufactures automobiles in 27 countries all over the world and Toyota’s vehicles are sold over 170 countries, not only under the Toyota logo, but are also sold as Lexus, Daihatsu and Hino. Toyota’s vision, as found on their website is “To be the most respected and admired company”, while their mission is “To deliver outstanding automotive products, and enrich our community, partners and environment.” Toyota’s core values comprise of putting the customer first, having respect for people, being focused internationally and to focus on continuous improvement and innovation.…

    • 1977 Words
    • 8 Pages
    Better Essays
  • Good Essays

    The Toyota Way is a collection of fourteen principles that drive the decision making process based on a philosophical sense of purpose. It is something that I was initially introduced to by my father, but have recently grown to appreciate as an adult (I drive a Toyota truck). Toyota Corporation teaches all of their employees that these principles of management are based exclusively on a long-term perspective. They also stress a systematic process for problem solving and an organic growth among company personnel. The company believes that organizational learning is based on an individual’s ability to solve problems systematically. Despite a recent public setback with product recall, Toyota Corporation has consistently stood for quality products, and quality management. In my opinion, the fourteen theories that comprise “The Toyota Way” most accurately depict the optimal principles of management.…

    • 895 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Strategic Management

    • 2504 Words
    • 9 Pages

    References: Cole, R. E. (2011, June 22). Research Feature: MIT Sloan Management Review. Retrieved June 20, 2015, from MIT Sloan Management Review web site: http://sloanreview.mit.edu/article/what-really-happened-to-toyota/…

    • 2504 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Toyota is Japan's biggest car company and the second largest in the world after General Motors. The fundamental reason for Toyota's success in the global marketplace comes from their corporate philosophy, the set of rules and attitudes that govern the use of its resources. The Toyota philosophy is often called as the Toyota Production System. The system depends in part on a human resources management policy that stimulates employee creativity and loyalty but also, on a highly efficient network of suppliers and components manufacturers. Much of Toyota's success in the world markets can be attributed directly to the synergistic performance of its policies in human resources management and supply-chain networks.…

    • 1190 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Daminal

    • 490 Words
    • 2 Pages

    The concept of social responsibility of corporation is able to offer new values for Danimal project. Pretorius also acknowledged this option. “…… but if you see it as social marketing, …… it’s perfect”. It is true that social responsible action allows acquiring some financial benefits such as an effect of…

    • 490 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    o Take initiative to contribute to harmonious and sustainable development of society and the earth o Comply with local, national and international laws and regulations o Conduct business operations with honesty and…

    • 598 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Csr Case Study

    • 6604 Words
    • 27 Pages

    Abstract: Starting from the times of barter system to today’s modern era of plastic money, the mankind has trodden a remarkably long path. Undoubtedly “profitability” has always been the driving force and an undercurrent behind all this development; but as every coin has two facets; growing cut throat competition and business rivalries started taking heavy toll on the quality, transparency, environment and the society in general endangering the peaceful coexistence of business and society. The businesses houses started realizing that they would have to rise over and above the profitability and take care of all those associated with their survival in the society directly or indirectly. This realization resulted into the concept of Corporate Social Responsibility (CSR). This research paper moves around developing an understanding about the corporate social responsibility (CSR), delving into its concept and finding out its scope taking the case study of the TATA Group under Mr. Ratan Tata who has exemplified the sense of responsibility towards the upliftment of common masses and protection of the environment and development of the nation. Keywords: Corporate citizenship, Corporate social responsibility, Employee, Productivity, Profitability, Society, Stakeholders. I. Introduction…

    • 6604 Words
    • 27 Pages
    Good Essays
  • Good Essays

    Lmx Motivation

    • 1156 Words
    • 5 Pages

    You have probably already read or heard about several mechanical failures in Toyota automobiles that led the auto maker famous for quality to recall nearly nine million cars worldwide. In addition, poor handling of the issue in the public eye has damaged the automaker’s brand reputation and caused sales to decline to their lowest point in more than a decade. Toyota’s current predicament is a result of poorly designed practices and weak execution on the part of the human resource department!…

    • 1156 Words
    • 5 Pages
    Good Essays