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

Toyota Recall - Essay Example

Comments (0) Cite this document
Companies such as Toyota, Hyundai and Volkswagen are showing remarkable growth and the United States should try and find means to overcome the financial crisis. Therefore, the U.S should try to find a breakthrough for this situation and device a strategy that would project…
Download full paper
Toyota Recall
Read TextPreview

Extract of sample
Toyota Recall

Download file to see previous pages... In the late 1990’s Toyota’s operating profits were as high a 2 trillion yen in China. However, Toyota turned its back on the deficit owing to the financial crisis. The reason for the recall is mainly attributed to the management which was not able to keep up with the increase in sales that in turn affected the quality; while at the same time the scale of the company continued to grow. Before the recall happened a warning was issued to the executives that stated “If we keep this up, Toyota would be faced with a recall.” The company extended beyond its capacity which worried the executives. And as some factories were built overseas, a large number of the workforce were shifted to the foreign countries. Hence the company had to make several adjustments which led to the decline of quality control (Wook 2010).
A possible way by which the company can re-gain the trust of motor vehicle consumers is by investing in commercials that project a good image of the company. It could also consider incorporating other aspects such as quality in the campaign. Cost-effectiveness of Toyota products will be a good step to start with in addition to insistence on durability.
The recall is only a beginning and a positive step but however, it does not provide a complete solution to the problem as the technical problem of the pedal is not the main issue. The Toyota Company should be prepared to go the extra mile in order to reassure consumers that it has resumed its core value which is based on quality. It is likely that the problem lies in the lack of coordination between the branches which in turn compromises all its efforts in effective decision making. If it is able to correct these problems the company can hope that the public will forget the unfortunate incidences soon and help it grow.
The recall has however had a positive influence on the Toyota brand ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Toyota Recall Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1566714-toyota-recall
(Toyota Recall Essay Example | Topics and Well Written Essays - 500 Words)
“Toyota Recall Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1566714-toyota-recall.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
A Case Study on Toyota Corporation
This study delves into the application of marketing strategy in a crisis situation within a competitive environment. Focus is drawn on the plight of Toyota Motors Corporation, whose brand of automobiles and trucks has for decades been associated with quality, reliability, and cost efficiency.
70 Pages(17500 words)Essay
Toyota Economic and Recall Crisis
Toyota Economic and Recall Crisis Name Institutional Affiliation Abstract Toyota Motor Corporation is one of the world`s largest and most preferred automobile manufacturers. It also is a leading advocate eco-friendly and technological cars. The company was established in 1937 by Kiichiro Toyoda.
10 Pages(2500 words)Research Paper
The scorecard measures Between Toyota&Peugeot
Differences in problems faced by Toyota and Peugeot 8 5. Conclusion - Evaluation of Toyota and Peugeot success in achieving their targets 9 References 11 Appendix 12 1. Introduction The effectiveness of strategies of modern organizations can be influenced by a series of factors.
6 Pages(1500 words)Essay
Product Liability Suit - The Case of Toyota
6 The Actions Taken 8 Impact of the Recall Incident 10 Conclusion 11 References 13 Appendices 15 Abstract With the fast growing world economy, the production is also intensified to meet the consumer’s ever-changing demands. It is imperative that products must comply with safety and quality standards to establish reputation and considerably reduce liability for the company.
8 Pages(2000 words)Essay
Toyota: Defective Cars
Toyota’s cars feature among the most cost efficient automobiles in terms of energy consumption and affordability. However, during the production of automobiles, cases of defects have been recorded in the company. According to Massey (2010), Toyota’s has occasionally produced faulty cars making the company record losses that discouraged stakeholders.
4 Pages(1000 words)Essay
The Success Story of Toyota Comapny in Qatar
The level of industry competition, both globally and locally, and the resources available for the realization of organizational goals can affect the performance of organizations either in the short or the long term. Moreover, it seems that firms that are well established in the international market are more capable of facing market challenges and of retrieving solutions in case of severe organizational problems.
7 Pages(1750 words)Essay
Toyota Strategic Alliances
A strategic issue is “an emerging development which, in the judgment of some strategic decision makers, is likely to have a significant impact on the organization’s present or future strategies” (Dessy, 2010). Although, decision makers make rigorous attempts to respond to these changes, companies constantly face various challenges with regard to different issues pertaining to the external and internal environment of the firm.
5 Pages(1250 words)Essay
Toyota recall is not safe
The fact that the use of cars has become so widespread increases the need for cars to be safe. However, there have been many accidents that have been caused by
5 Pages(1250 words)Essay
PRODUCT RECALL AND BRAND STRATEGY A Case Study on Toyota Corporation
The monolithic approach is characterized by many sub-brands all being linked to one single corporate brand. The firm has other major brands, which are principally Lexus, Prius and Scion. While these lesser brands themselves
9 Pages(2250 words)Essay
Academic Paper
Due to this, there is always the need to restore the faith of the general public in the organization. Reputation is known to account for a very big portion of an organization’s market capitalization, thus making it one of
12 Pages(3000 words)Essay
Let us find you another Essay on topic Toyota Recall 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