Toyota Motor Corp. is the most associated motor manufacturer with AFV- Alternative Fuel Vehicle development among the Asian and American car consumers. Being innovative, it dominates almost all markets and is the biggest spender on R&D amongst its competition.
3. With large…
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3. Although AFVs save costs and enhance economy, “hybrid” is a relatively new technology which is not "tried and true" and only little is known about its potential development. This may also lead to disapproval from potential consumers. (Wasko, 2006)
4. Petrol and diesel vehicles have been around for decades and have been proven reliable time and time again. Solar and electric powered vehicles are new to the market and consumers might be reluctant to swap to the new technology.
5. A design that is “petrol-free” means that the “Synergy” loses some acceleration as a trade-off for economy and being environmentally friendly. People might still prefer petrol/diesel vehicles for performance. (Wasko, 2006)
1. Petrol prices are rising day by day due to the huge increase in crude oil prices. This provides a perfect opportunity to the Toyota Corp. to make cars that do not require petrol to enter the market. (Wasko, 2006)
2. The Toyota CS&S concept car puts Toyotas popular hybrid technology inside a sportier and futuristic design, with speeds up to 127 miles/hr. The CS&S incorporates the Toyotas Hybrid Synergy Drive system, the same gas-electric technology (Fuller, 2009). Toyota can work on this model to develop a hybrid car that saves fuel and is made for performance. This can be targeted towards the urban youth market.
3. Toyota has planned to build about 400 demonstration plug-in hybrids by the year 2010. The batteries in these cars can be charged from wall sockets which further cuts gasoline usage. (Woodyard, 2008)
1. In 2010, Toyota declared the callback of about 436,000 hybrid vehicles worldwide, including its latest make, the Prius, to fix the brake problems. The total includes more than 200,000 Prius cars sold in Japan. (Prius Call Back Worldwide By Toyota 2008) Lack of quality control can severely damage
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As such, the plan has been broken down to be analyzed upon these 4 contingent areas as follows: Strengths With respect to overall strength of the business plan, the target market is a perfect segment for such an offering as the target demographic and need both exist in ample supply based upon the demographic information provided in the analysis.
From a general perspectives, it can be observed that job opportunities in finance and accounting are numerous through which an individual can build his/her career. It can be stated that various job opportunities in finance and accounting entail Bookkeeper, Accountant, Accounting Clerk and Certified Public Accountant among others.
SWOT as an acronym represents the Strengths, Weaknesses, Opportunities and Threats that define a business’s environment. The identification of these aspects of a business helps in establishing a strategic plan for the organization. The SWOT analysis is also essential in the
To start with, SWOT analysis is restricted to those factors that can either be identified as either strengths or weakness (in the internal environment). Secondly, SWOT analysis does not prioritize issues;
A SWOT analysis is at the heart of any business and a key ingredient in the current and future success of any business venture.
Snelling (2012) notes that at the heart of a SWOT analysis is the process of identifying the objectives of a