Toyota Motors Company Case Analysis

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Toyota Motors Company

Toyota Motors Company is multinational Japanese automobile manufacturer, a corporation that has it 's headquartered at Toyota, Aichi. Toyota Motors are the largest world’s manufacturer of the automobiles about the data of 2013 by the number of vehicles. Toyota was also the biggest producer of the cars in 2012 and has been the first an automobile manufacturer that produced ten million vehicles per year. It is also listed the most major manufacturing company in Japan of the market capitalization and revenue. The motors industry produces its vehicles under the five viz. Toyota, Lexus, Ranz, Hino and Scion. Toyota Motors Company also has joint ventures that are Toyota Kirloskar based in India, GAC Toyota and the Sichuan
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Specification model of culture assumes the harmony and the consistency in both the cultural and the social levels (Christoph Weckerle, 2008). It further specify particular functions and groups in the different social system.
The second model of culture usually assumes that there are several more fundamental conflicts in the social order levels but still views the cultural system to be still integrated relatively. In this second model, the conflicting social groupings and functions can usually develop antagonistic subcultures and not only complementary aesthetic referred to as specifications and this model is called cultural refraction (Wagner, 2011).
The third model is the columnisation that describes the fundamental antagonism that exist between the social and cultural system since its interest groupings occur in the hermetically sealed columns of culture. Volkswagen Group Company is one of the international automobile competitors of Toyota Motors Company and the model of culture that is most appropriate for it is the specification model since it operates globally and assumes that there are harmony and consistency in the marketing society (Books, 2011).
Types of economic system Economic systems are the systems of production and also an exchange of goods and services and also the allocation of the resources in a society. There are four types of the economic system that includes, traditional, market, command and the mixed economic
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