Comparison Between Toyota And Toyota

Decent Essays
1. Brief Description about Toyota and Nestle

Both Nestle and Toyota is a profit-making and private organisation.
Nestlé is a Swiss transnational food and drink company headquartered in Vevey, Vaud, Switzerland. Nestlé's products include baby food, medical food, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, ice cream, frozen food, pet foods, and snacks. Nestlé has over 447 factories, operates in 194 countries, and employs around 339,000 people.

Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota, Aichi, Japan. Toyota Motor Corporation produces vehicles under five brands, including the Toyota brand, Hino, Lexus, Ranz, and Daihatsu. Toyota was also the world's
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Stimulate personal and professional growth, share the opportunities of development and maximize individual team performance.

2. Toyota also adopts the long-term plan. Long-term plan is defined as plans that are three years or more.
Toyota have been working on an electric car powered by a solid state battery that significantly increases driving range and reduces charging time. They plans to leapfrog Tesla electric cars by 2022 with fast charging solid state batteries.

3. Toyota adopts the specific plan as well. Specific plans are clearly defined objective where there is no room for interpretation. Established specific procedure, budget allocation and schedule of activities to achieve that goal.
Toyota is planning to halve the number of car models it sells in Japan to about 30 by 2025 to focus on more popular models in a shrinking market because auto sales in Japan have been falling due to population rapidly ages and young people losing interest in car ownership.

2.2 Nestle Planning

1. Nestlé adopted the directional plans where it is a plan that outlines the major goals of an organisation and the organisation-wide strategies of attaining those
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