Global Strategy - Essay Example

Only on StudentShare

Extract of sample
Global Strategy

This management and manufacturing philosophy is, without doubt, the key to Toyota's global success but, upon consideration of the reasons for its recent overtake of the U.S. market, one finds that it is a combination of both its decision to Americanize and its management philosophy.
Toyota has Americanized and, its Americanization is largely, although not entirely, responsible for its success in the U.S. market. As Naughton et al. (2005) explain, a change of leadership at Toyota led to the abandonment of its "cooperative competition doctrine," as which outlined that Toyota's presence in the United States would not be that of a competitor whose goal was to overtake leading American car manufacturers such as GM. Instead, Toyota was to maintain a "respectful distance" in order to avoid arousing both public and political anger as a direct outcome of its appearing to undermine U.S. symbols, in this case GM (Naughton et al., 2005). Therefore, even though it had the capacity and the potential to compete with GM and, eventually, to dominate the U.S. market, Toyota's leadership made the strategic decision to avoid doing so.
Toyota's decision to forgo its "cooperative competition" philosophy is not, in its ...Show more

Summary

Toyota, to all intents and purposes, has become a model for the automobile industry. As Taylor and Kahn (1997) write, automobile manufacturers are not trying to compete with Toyota as much as they are trying to learn from it and, strangely enough, Toyota appears to be quite a willing tutor…
Author : kuvalisjules
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Global Strategy Essay"
with a personal 20% discount.
Grab the best paper

Related Essays

Global Industries essay
He placed his bets on emerging market bonds and equities, which incurred steep losses in 1997 and 1998. Surprisingly, the Emerging market Bond Mutual funds did well in the long run and yielded very handsome return as evident from the report by Sirapat Polwitoon Susquehanna University Oranee Tawatnuntachai Penn State University at Harrisburg.
10 pages (2500 words) Essay
Global Strategy College Essay
It is precisely within both this context and Pfizer's activities as a pharmaceutical corporate entity that one need evaluate whether the question of whether Pfizer is better off with home-country nationals or parent country nationals. As a corporate entity whose claims of loyalty are towards global, rather than national, citizenry, any suspected proclivity towards the hiring of parent country, rather than host country nationals, would negate its cited, and highly publicized claims.
2 pages (500 words) Essay
Essay on Global-Warming
Since this is a dreadful disaster to be happened in future we have also pointed out the responsibility of individuals to avoid such disaster. Global warming is a natural process by which stationary rise in atmospheric air temperature occurs constantly. This phenomenon has been becoming a cause for the climatic change on earth.
14 pages (3500 words) Essay
Corporate and Global Strategy Essay
Canada is another big centre of its facilities where GM operates through 20 locations. But the company's position at the top is seriously under threat, if the latest reports are an indication. In the first quarter of year 2007, Toyota has been able to sell more number of cars than GM, pushing GM at the second place for the first time (USA Today, 2007).
6 pages (1500 words) Essay
Strategy Essay
Rajan (2005) claimed to be initially trained as a biologist, doing wet lab molecular biology research, and received a Masterâl degree in Biochemistry from the University of Oxford in 1997. Deciding that
12 pages (3000 words) Essay
Essay on strategy
: some developing from the position of strength; some needing to overcome significant problems.” (1993, pp.3-4) Consequently, devising, implementation and revising of the effective strategy has obtained imperative place in corporate environment for the last many decades.
5 pages (1250 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT