mr khan Essay

Submitted By 04khana123
Words: 631
Pages: 3
Open Document
Question 2:
In its early years, Toyota core competencies was that they focused on suiting the Japanese market by adapting the Ford Production System. They then adapted these systems later to become which took the automobile industry market by storm and allowed the company to come out with innovative models in a cost efficient way. Rather than focusing on larger cars like their competitors they focused on producing smaller cars. They also had lines to suit people on different budgets. They had more affordable lines as well as more luxury lines such as Lexus. Toyota had a major innovation with their Pruis, a gasoline-electric car that was the world’s first mass produced hybrid car. In April 2002, Toyota had announced a new global strategy which was the ‘2010 Global Vision’ to achieve a 15% market share of the automobile market by early 2010 and by 2003 they had a major presence in all the major automobile segments.
Internally, Akio Toyoda proposed for the company to adopt a ‘back to basics’ approach to revive the company. Toyoda had planned to produce small, fuel efficient and competitively priced cars that people could afford, to cut costs and establish a strong presence in emerging markets. He had also volunteered to take a 30% cut and other managers also accepted cuts. The management was to place priority on meeting the needs of the individual regions market by watching for any changes and provide a customized strategy based on the individual markets. Toyota had kept to their original values but made a few changes; ‘so while preserving our DNA, I would like to have the courage to change some things if those things have to be changed.’

Question 3:
To return to profitability, Akio Toyoda needs to cut as many costs as possible and focus on the strengths of the business. Toyoda has already taken a pay cut of 30% and has also cut the wages of other staff and management. He had also cut down on the company’s operations so that the company would be profitable using just 70% of its production capacity with the aim of saving $85 billion in 2009. He did not close any plants or cut any full time jobs as he visioned that Toyota would return to profitability and would then need these staff and plants to ensure they can meet demand. This shows that Akio believes and is confident in his self and his plans for the future.
Toyoda should return to their original values in producing small
Show More

Related Documents: mr khan Essay

Essay about Mr Khan

''In what extent working environment influence employee performance at PAUL'' Candidate Name (Student Number) A research proposal submitted to Glyndŵr University in accordance with the requirements of the degree of Master of Business Administration (Month and Year of Submission) Word Count: 3000 AUTHOR’S DECLARATION AUTHOR’S DECLARATION – I declare that the work in this dissertation was carried out in accordance with the Regulations of Glyndŵr…

Words 2502 - Pages 11

1.1 Explain The Importance Of Legislation Relevant To The Study

positive relationship with Mr and Mrs Khan are making sure that we create a welcoming atmosphere in order to make them feel valued as an expert on their children as they are the main carers in their lives who teach them all of the basics from a young age. It is important that we invite parents in to the setting in order to get to know them a bit better and also so they can be more involved with their children's learning. In order to build a positive relationship with Mr and Mrs Khan it is important that…

Words 541 - Pages 3

Model Of Partnership: Practitioners And Other Professionals

practitioners and other professionals work together to meet the child needs. In this case, we will all work together to help Kiara and Taneesh to develop further. By this I mean, doing activities with the children and the practitioner can speak to Mr and Mrs Khan about what they can do at home. The other professionals could be the speech therapist which can help Taneesh with his speech. As a practitioner it is important that I tell her about local charities which can help her as she can talk to others…

Words 157 - Pages 1

Stereotypes: Genghis Khan And The Mongols

The importance of the author’s point of view is that Mr. Weatherford debunks and disproves the various stereotypes that are placed against Genghis Khan and the Mongols. The stereotype of Genghis Khan and the Mongols had become that they were savages and ruthless conquerors and people who enjoyed destruction for its own sake. (XXVI) The term “mogul”, the Persian name of Mongol, is a term that means a wealthy capitalist who flaunts his wealth as well as showing antidemocratic and anti egalitarian…

Words 147 - Pages 1

P1 Explain the role of effective Essay

P1- Explain the role of effective communication and interpersonal interaction in a Health and Social Care Context. Introduction- In my role as a Health Care Assistant at Neptune Health Centre I have been asked to explain the role of effective communication and interpersonal interaction in the workplace. Using the following case studies to explain what my interactions might entail with each individual and what action I would take in order to communicate effectively in each situation. In Neptune Health…

Words 3315 - Pages 14

Khan Academy Rhetorical Analysis

Micah A. Kramer Mr. Robbins ELA 8, Hour 6 5 May 2024 Rhetoric Speech AOL Of The Appeal of Khan Academy to Accelerate Learning in Math and Science We all know that smart kid, who when asked how they acquired their knowledge, they name a myriad of websites such as IXL or Membean as the method for their acquired intelligence. Well, I will focus on one of those websites in particular, Khan, for its ability to help accelerate learning at Prairie Star Middle. Khan Academy should be implemented at Prairie…

Words 467 - Pages 2

Mongol Empire and Teenager Genghis Khan Essay

Valerie Moreno Mrs. Szafran US History K September 25, 2014 Genghis Khan and the Mongol Empire Temujin, who was later known as the Universal Ruler ,Genghis Khan was the Mongol leader. He viewed himself as the greatest. His success in warfare made him the rightful master. He thanked the people for their support and desired to be the best. He established the largest empire in history. After bringing together nomadic tribes he conquered Central Asia and China. With the help of his descendants…

Words 519 - Pages 3

Kite Runner And Catcher In The Rye

towards manhood. In The Kite Runner, Baba destroys the bond with his son by demanding he be a perfect Pashtun man, which causes Amir to yearn for Baba’s affection and respect. He cannot seem to let go of his childhood mistakes until his mentor, Rahim Khan finally guides him towards atonement. In The Catcher in the Rye, the father and son are at odds against their different views of life and society. Like Baba, Holden’s father seems to only care about his son’s success, while Holden strides for a life…

Words 2337 - Pages 10

How Islam Changed America

Islam entered the United states of America around the 1800’s and since them it has been one of the largest religions in the country. According to recently publish article, Muslims are about one percent on the United Stated population which puts them to around 3.3 million Muslims (Lipka, “Muslims and Islam”). Unequivocally, the 3.3 million individuals have a different perspective of America. Based on the readings that’s in the book, America had a different meaning to each Muslim that shared his or…

Words 1507 - Pages 7

Power Shift And Violence In The Kite Runner

The Kite Runner is set in the 1970s, a turbulent point in Afghan history characterized by many power shifts and violence. It marks the last days of the Afghan monarchy and King Zahir Shah who was overthrown by his cousin, Daoud Khan, followed by the invasion of Russia forces, internal civil war, and the rise of the Taliban. The Taliban were initially thought to be saviors, but their rule ended in much bloodshed and corruption. Since the Taliban were Sunnis and Pashtuns, Shiites were persecuted including…

Words 424 - Pages 2