| ent"> | | | | On the side of opportunities, that the Toyota |
| INTRODUCTION: | | | | Corporation can take advantage of some advantages. |
| The Toyota motor corporation is a Japanese car | | | | One of the advantages is the emergence of china as |
| manufacturer, which is the world’s second | | | | an economic power. It is surprising to note that china is |
| largest manufacturer from general motors. Regardless | | | | also one of the fastest growing corporations for the |
| of this fact it is ranked first in terms of profitability, its | | | | Toyota Corporation. With continued expansion of |
| net worth and revenue collection. It was founded in | | | | production within the country, the company will |
| 1937 as a subsidiary of Toyota industries. | | | | effectively reduce logistical problems and reduce the |
| ANALYSIS: | | | | corporation’s operations budget. In addition to |
| As a firm in the motor industry, the Toyota Corporation | | | | this, the company is also favoured by a depreciating |
| is also affected and or assisted by general changes | | | | dollar. This has had the effect of increasing sales within |
| within its market environment. The motor industry just | | | | the United States as well as reducing its purchasing |
| like many other industries is affected by different | | | | costs. |
| national government policies or general industry | | | | Regardless of this fact, the company is also faced |
| changes. | | | | with some threats. Among these threats, one is the |
| There are some changes that have occurred within | | | | increasing price of global fuel prices. This has had the |
| Toyota’s line of field, that have had tremendous | | | | effect of scaling down the demand for fuel guzzlers |
| impacts on its operations. | | | | as they are being rejected with consumers more keen |
| One of the major changes has been the emergence | | | | on purchasing fuel-efficient vehicles. In addition to this, |
| of china as an economic power in recent times. The | | | | environmental laws and doctrines are increasingly |
| emergence of china as an economic power has had | | | | becoming a threat to the operations of the company. |
| the effect of boosting Toyota vehicle sales | | | | This is because the required levels of pollutant waste |
| remarkably. China is now the leading purchaser of | | | | require very costly pollution abatement materials. |
| Toyota vehicles and as a result has helped to push | | | | Furthermore, the relocation of factories to less |
| the profits of the company even higher. This emerging | | | | regulated states is becoming a very costly venture as |
| market has made Toyota to be the biggest seller of | | | | well. |
| vehicles globally by the start of this year. The second | | | | RECOMMENDATIONS: |
| change that has affected the companies operations | | | | The threats mentioned above can affect the firms |
| has been the recent continuing increase in global fuel | | | | business operations if not well addressed. What the |
| prices. The continued increase in global fuel prices has | | | | firm needs to do is adopt new technologies and |
| caused the firm to consider introducing more | | | | modes of production as time changes. On the first |
| fuel-efficient vehicles in its production line. | | | | case, the firm should try to manufacture more |
| ON MATTERS OF OPPORTUNITIES AND | | | | fuel-efficient cars while the demand for them is still |
| THREATS: | | | | high. On the second issue, the firm should try to use |
| Opportunities and threats are part of the wider swot | | | | less pollutant means of production or invoke some |
| analysis. Swot analysis incorporates strengths, | | | | recycling professionals to recycle part of the firms |
| weaknesses, opportunities and threats. Opportunities | | | | waste into better uses. |
| are external advantages accrue to a firm depending | | | | REFERENCE: |
| on the working of economies or other stakeholders. | | | | Alan R. Rushton, John Oxley, Phil Croucher .2000.The |
| On the other hand, the threats are the external | | | | Handbook of Logistics and Distribution Management. |
| disadvantages that affect a firm because of its | | | | London: Kogan Page. |
| involvement with other players in the industry. | | | | Mankiw, N. G. (2004), Principles of economics (3rd Ed. |