Toyota Motor Corporation : A Social Organization ( Environmental & Social Report 2003 ) Essay

Today, Toyota is the world's third largest manufacturer of automobiles in terms of both unit sales and net sales. It is also the largest Japanese automotive manufacturer, producing more than 5.5 million vehicles per year, equivalent to one every six seconds. See Appendix 1 for a list of its guiding principles. Appendix 2 depicts excerpts from the company’s 2000 annual report showing their main goals for that year. The company has 12 manufacturing plants in Japan and approximately 54 manufacturing companies in 27 countries throughout the world. These plants produce vehicles and components under the Lexus and Toyota brand names and employ about one quarter of a million people worldwide. In total Toyota vehicles are marketed and sold in more than 160 countries and regions with the automotive business, including sales and finance of the vehicles, accounting for more than 90% of the company's total sales. Appendix 3 shows worldwide sales and appendix 4 shows the models produced in North American Toyota plants. North Americanization of Toyota Since the late 1980’s Toyota had made several moves that showed their commitment to what management called the North Americanization of the company. The idea was to increase car sales in the lucrative North American market by also introducing manufacturing plants that produced parts and assembled whole vehicles for

Toyota Motors Company is multinational Japanese vehicle producer, an enterprise that has it 's headquartered at Toyota, Aichi. Toyota Motors are the biggest world 's producer of the autos about the statistics of 2013 by the quantity of vehicles. Toyota was additionally the greatest maker of the autos in 2012 and has been the initial a car producer that delivered ten million vehicles for each year. It is likewise recorded the most significant assembling organization in Japan of the market capitalization and income. The engines business delivers its vehicles

Ethics are the standards and qualities an individual uses to administer their exercises and choices. Within an company, a code of ethics is a set of rules and guidelines that steers the company in its agendas, choices, and methods for the company. Many companies make ethics their main priority by hiring leaders for the department to sit on the board of the company. Wal-Mart has been a company whom displayed ethics at a top level for many years. When it comes to ethics, Jay Jorgensen has been the result of Wal-Mart actions.

For more than 50 years, Toyota Motor Corporation has been one of the world’s leading manufacturers of motor vehicles in the United States. It was born a Japanese company in 1935 and came to America in 1957. Now headquartered in Toyota City, Japan, it employs more than 300 thousand employees globally (Toyota Motor Corporation Company Profile, 2012). In addition Toyota is a global marketing organization. It strategically operates primarily through Japan, Asia, Europe, and North America; but its vehicles are sold in more than 170 countries and regions across the globe (Toyota Motor Corporation Company Profile, 2012). The Toyota brand is traditionally defined by brand attributes such as global leadership, innovation,

Toyota has a manufacturing facility of the overseas of 50 in 27 countries, and is doing business expansion globally. Moreover, the Toyota car is sold by 160 countries of an overseas. The number of dealer is 8,485 dealers in the world (Expect Japan), and there are more than 270 dealers in Australia. We can buy Toyota’s product everywhere.

Toyota has a vast distribution network. They have more than 50 manufacturing plants and 27 countries and regions beside their mother country, Japan. In the Philippines alone, they have a manufacturing plant in Sta. Rosa Laguna.

Toyota Motor Corporation (TMC) is a global automaker based in Toyota, Aichi, Japan. The company is a global leading automaker in terms of sales and output, and it employs more than 320,808 people globally. Toyota’s main business is automobile manufacturing and financial services (Investopedia.com, 2011).

Ethics are the moral principles and values that must be embedded in each individual of our business, allowing them to see the right and wrong in a situation, and choosing the right action to take in accordance with the company’s values. By setting out such rules through multiple training avenues (such as written modules, training webinars, and knowledge centre modules) we can offer rewards when correct decisions are made, and punishments when broken.

Ethics are the standards and qualities an individual uses to administer his activities and choices. In an association, a code of ethics is an arrangement of rule that guide the association in its projects, approaches and choices for the business. The moral logic an association uses to lead business can influence the reputation, profitability and main concern of the business. Unethical behavior or an absence of corporate social obligation, by examination, may harm a company 's reputation and make it less speaking to partners. Two theoretical ideas from managerial ethics to look at Toyota Company issue are deontological ethical theory and virtue ethical theory.

Toyota has various global branch offices in the world and it supports the company by having a strong market position. Toyota’s markets for two most recognized brands Lexus and Toyota and could be considered as great market share in different regions such as in North America, in Asia excluding Japan, in Europe, in China, and etc. This helps Toyota have a better competitive advantages and opportunities of growing in global marketplace. Toyota also concentrates on Research & Development in the global facilities in order to enhance quality of service and product functionality, thus increasing product safety. A good strength is based on the innovation of current products, development of new products and manufacturing process. This strength supports Toyota in incorporating modern attributes such as technology to current range of products and other related fields, maintaining technical and innovative leadership in its automotive

Ethics are the principles of a culture individuals, organisation or groups. It is also moral values which cultures or individual holds, such as the moral judgment and their decision making whether something is right or wrong. The decisions that may be impacted by ethics are rejecting a route which will increase their short terms profits due to it being unethical. This is an important aspect of business, as this affects the relations between different businesses and their workers but also affects how successful the business will be.

Toyota considers representatives as its most critical partners. This partner gathering goes for professional stability, career improvement and reasonable business practices. Toyota 's corporate social obligation methodologies address the interest of these partners through palatable pay rates and wages and a profession advancement program for propelling employees. For instance, Toyota has an On-the-Job Development program, and additionally instructional classes particular to build career in the firm. These instructional classes incorporate Toyota Way Development, Technical Development, and Management Development. Also, the organization offers monetary help for representatives ' proceeding with formal instruction. Subsequently, Toyota 's

Milton Friendman genuinely believed that the business of business is business and that practices outside the interests of the shareholders, employees and customers were issues of public services and not the responsibility of the executive (Friedman, 1970). What does this mean for the impacts when your company is the last major player in a dying industry? The story of what is and has happened behind Toyota Motoring Corporation Australia (TMCA) in recent years is an interesting look at what obligations industry has to society and at what point it simply becomes unsustainable to continue production even if stopping meant closing down

Social responsibility as defined in the textbook means that organizations are part of a larger society and are accountable to that society for their actions. Toyota’s cleaner and greener initiative strives to create an economically vibrant, efficient fuel technologies, and strategic partnerships to accomplish a mobile society in harmony with the einvornment. (Kerin, 2015).

Toyota Motor Corporation is a Japanese automotive manufacturer. Toyota has over 333 thousand of employees across the world and it is the 14th largest company in the world by revenue in 2014. It is the strategic management of logistic and supply that contributes partly of its success today.