Lexus

Toyota Motor Corporation, one of the most successful companies in the world. It has the glorious history of 80 years, only a few of the peers can defeat it. Toyota is not just a huge business organization but it is also the second family for those employees. Agreed to Gary Johns, “Organization is social inventions for achieving goals through the group efforts” and Toyota as one of the examples of the successful organization, for sure the top management team had put a lot of effort in managing…

3.0 Assessment of corporate reputation on two companies 3.1 Kia Motor Corporation (KMC) Kia Motor Corporation the oldest Korean automobile manufacturer whose headquarters are based in South Korea was founded in 1944 as Hyungsung Precision Industry, a manufacturer of bicycle parts and steel tubing. In 1951, it was named “Kia industries”. The Kia name is derived from Chinese characters: ‘Ki’ meaning “rise up” and ‘A’ meaning Asia interpreted as “Rising out of Asia”. Kia had humble beginnings…

In 28 August 1937, a Japanese automotive manufacturer was founded – Toyota. Sakichi Toyoda was the founder of Toyota Company. Before Toyota was founded, the Japanese based on imported trucks during the war in Manchuria. During the era of Great Depression, Japanese realised that local production would reduce costs, provide jobs, and brings up the country’s economy. By 1936, just after the first Toyoda vehicles was produced, Japan authority restrict that any car dealer in the country needed to…

Rushmore Loan Management Services LLC was formed on September 12, 2008 as a Delaware limited liability company for the primary purpose of servicing residential mortgage loans, and became licensed in the State of North Dakota on April 19, 2016. On July 30, 2010, the Licensee acquired a mortgage loan servicing platform which provided the Licensee the ability to service the portfolios managed by the Licensee and third-party investors. In September 2012, the Licensee established Dakota Asset…

Toyota's management system, officially known as the Toyota Production System (TPS) has patterned its management strategy from the scientific management. Taiichi Ohno, a former president of Toyota, studied the work of Fredrick Taylor and invented the "TPS": Toyota Production System. The purpose of this production system was to prevent inconsistency in the work and eliminate wastes or delays. The company did not want their workers to stand, wait and attend machines. The workers were required to…

Q1- Discuss if Volkswagen commands competitive advantage, if any, from its operations stratergy. Volkswagen is one of the biggest automobile manufacturers in the world and has the target to be the biggest automobile company in the world by 2018. The operating profit of Volkswagen was recorded to be 12.8 billion euros in 2011 (currently 10.2 billion euros) and a total revenue of 275 billion euros, which is the highest in automobile sector. One of the main reasons for such a high level of…

Shinkansen（新幹線） Shinkansen is a network of high-speed railway line in Japan, which is order by 4 Japan Railway Group companies. It is the first high-speed railway line for commercial purposes of the world. The first Shinkansen line, Tokaido Shinkansen, was start operating at 1964, has totally 2,615.7 km of lines with maximum speeds of 240–320 km/h. The Shinkansen network link most of large city on the island of Honshu and Kyushu, such as Tokyo and Osaka. Shinkansen means new trunk line,…

a. Sony is a Japanese conglomerate corporate with headquarter in Tokyo, Japan. It was founded by Akio Morita and Masaru Ibuka in 1946. It was ranked at the 105th in the list of Fortune Global 500 last year. Sony’s main products and services include electronics, games, entertainment and services such as banking & insurance. Notably, Sony is the fourth largest TV manufacturer after Samsung Electronics, LG Electronics and TCL. Sony’s slogan is BE MOVED. b. Sony has reported to have a net loss of…

Performance Evaluation: NIPPON STEEL & SUMITOMO METAL CORPORATION (NSSMC) is a joint venture based in Tokyo (Japan) and as the name implies, it produces steel in high capacity. The company was originally known as Nippon Steel Corp but after the merger with Sumitomo Metal in October 1st of 2012, was later changed to “Nippon Steel & Sumitomo Metal Corporation”. In 2012, the company ranked the world second largest steel producer after the union. This report will analyze in deep the company…

The company that I shall be working for, theoretically, is Subaru – Subaru is a renown Japanese car manufacturer whose emphasizes on creating cars prepared for any road condition. In Western markets, the Subaru brand has traditionally been popular among a dedicated core of buyers. Marketing is targeted towards specific niches centered on those who desire the company's signature drive train engine, all-wheel/rough-road capabilities or affordable sports car markets. Which means that the pistons…