We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Business strategies - Essay Example

Comments (0) Cite this document
Analysis of and Evaluation of Business Strategies Table of Contents Task (a): Diversification Strategy of Toyota 3 Task (b) Market Development Strategy of Toyota 7 Task (c): SWOT/TOWS Matrix of Toyota 13 References 15 Task (a): Diversification Strategy of Toyota Toyota is regarded as one of the biggest vehicle manufacturers in Japan that covers greater than 40% of market share…
Download full paperFile format: .doc, available for editing
Polish This Essay98.5% of users find it useful
Business strategies
Read TextPreview

Extract of sample
"Business strategies"

Download file to see previous pages The aspect of employing diversification strategy is viewed as one of the effective as well as proficient business tactics, which assists the organisations to grow considerably in future. The word ‘diversification’ is typically linked with a specific transformation especially in the features relating with the aspect of product line or the business market of a business organisation. The major objective of implementing the facet of diversification strategy is to introduce new product in the business market along with attaining significant market share (Ansoff, n.d.). As a matter of fact, Toyota is always recognised as an innovative business organisation especially in the automobile industry. The aspect of innovation has been observed in the production system of the organisation along with the cost factor while taking the quality of its valuable products into greater heights. In this context, the main strategic reasons of Toyota in order to choose the aspect of diversification strategy include effectively complying with the business market demands and maintaining the technology in relation to environment friendly aspect which is constantly becoming a core principle of its several products. Furthermore, the other significant reasons behind Toyota pursuing the idea of diversification strategy broadly include viewing a better opportunity for synergy, increased rate of market competition in automobile industry and ultimately expanding its production facilities around the business world (Scribd Inc., 2012). Additionally, the different reasons behind Toyota pursuing the diversification strategy across its broad business operating regions can greatly be understood by focusing upon the targets that are made individually towards its the employees, business partners, shareholders, local community or global society and ultimately the customers. From the viewpoint of the staff, Toyota mainly prioritises diversification strategy in order to generate safer as well as healthy working situation that would ultimately assist the organisation to make successful and effective growth in future. In terms of the business partners, Toyota strives for executing diversification strategy with the intention of establishing along with developing advantageous business relationship especially with the distributors or dealers and the suppliers. From the outlook of the shareholders, Toyota believes that the adequate execution of diversification strategy might ensure sustainable growth along with making strong and stable base for making business. With regard to the global society and local communities, Toyota realises the necessity of diversification strategy in order to respect the business culture along with the customs belonging to every country and contributing towards communal development. Moreover, with the intention of minimising congestion along with traffic accidents, the organisation i.e. Toyota deeply focuses upon the execution of diversification strategies in relation to the global society or local community. Finally, from the perspective of the ultimate customers, Toyota seeks for delivering reliable and safe ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Business strategies Essay Example | Topics and Well Written Essays - 2750 words”, n.d.)
Retrieved from https://studentshare.org/business/1398988-corporate-strategy
(Business Strategies Essay Example | Topics and Well Written Essays - 2750 Words)
“Business Strategies Essay Example | Topics and Well Written Essays - 2750 Words”, n.d. https://studentshare.org/business/1398988-corporate-strategy.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Current Business Strategies At Tesco
The strategy framework is the key to assess any business performance. Estimating the risks and the value tradeoffs provides a method to design concrete proposals, which adds value to the proposal and also reduces the overall risk. The plan of action for implementation requires effective planning. The research uses a methodology of reviewing various sources that have discussed the strategic operations of Tesco. The report will also recommend some strategic measures that Tesco can implement to enhance its position in the industry.
23 Pages(5750 words)Essay
Business strategies of Zara

This paper presents a brief report on the management strategy of Zara and gives a detailed analysis of both the internal as well as external environments. In order to analyze the business environments, various business analysis tools such as Value Chain, PESTEL, Porter’s Five Force analysis etc will be included in the paper.

17 Pages(4250 words)Essay
Business strategies
The management team of the organisations should implement business strategies in an effective manner for the purpose of improving their productivity as well as for achieving superior competitive position over the chief business market competitors. The organisations strongly believe that by introducing and developing effective business strategies, their new business market opportunities can be augmented by a considerable level (Oxford University Press).
5 Pages(1250 words)Assignment
Business Strategies
Now company wants to expand its business in western and southern part of United States, which requires a proper understanding of the changing needs of its customer group. Kohl’s Corporation has adopted a selective approach for its store location; that is always located in the heart of soccer mom country.
6 Pages(1500 words)Assignment
Business Strategies
This work states that different strategy making configurations offer the possibility that in different organizations different people can play different roles in strategy development. Certain configuration of strategy and structure can confer superior performance in certain field, and organizations which fail to move towards these configurations tend to ultimately perish.
10 Pages(2500 words)Essay
International business strategies
Critically evaluate this statement in relation to the different forms of international/global alliances which exist within and across industries or organisations with which you are familiar, or which you may have studied. The above quote is a very provocative statement and,
12 Pages(3000 words)Essay
Business strategies
This is not successful in controlling these luxury goods, so there are many fake “LVMH” being sold in unauthorized outlets such as in Asia. The multidomestic firm is the Hong Kong Shanghai Bank (HSBC). While the
1 Pages(250 words)Essay
Much effort is dedicated in tracking movements in competitive balance over time. It is debatable that the degree of competitive balance has its shadows over the uncertainty in results in sports leagues which in turn have its effects on the support or
6 Pages(1500 words)Essay
Applying E-Business Strategies
We appreciate your feedback, it is impossible to accommodate your request as it may lead to alienation in the community.” Customers viewpoint is unethical because
2 Pages(500 words)Essay
Small Business Strategies
A food truck is mostly a vehicle that is equipped to cook and sell food. There are various food elements that are sold in truck food including prepackaged foods, hamburgers, ice creams, sandwiches, among
2 Pages(500 words)Essay
Let us find you another Essay on topic Business strategies for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us