International accounting group Coursework Example | Topics and Well Written Essays - 1500 words

International accounting group - Coursework Example One of the benefits also include the access to the wide market when Toyota manufactures and assembles in these countries and the access to the market is cheaper as compared to the situation where Toyota manufacture in Japan and export it. The cost effectiveness for Toyota by manufacturing and assembling outside Japan is one of the major reason as the manufacturing cost in Japan is much higher than other countries and especially from developing countries. Toyota is considering to setup the manufacturing and assembly operations in under developed countries where the costs are cheap and is much beneficial for the company. Competing against General Motors in North America and with high financial stability along with the target of covering most of the markets it is beneficial for Toyota to get advantage from every opportunity that seams feasible and cut down costs and cover most of the markets. Solution 2 Toyota has been known for its quality control that it has thrived to provide keeping low costs for its products and its target customers. Like every large company it has made efforts to expand its operations and shown the great presence in markets like US. The basic purpose of expansion is to capture the market and increase its share it has always been strategic decision for the corporates as they ample opportunities for growth. However along with the opportunities management also has to focus on the risks that they might face that would have the potential to undermine their current status. Toyota has focused on TQM (total quality management) and along with processes have been sharp that enable just in time inventory. At overseas the quality of production facility might not be as that Toyota requires along with that it is would be burden and challenge for management while in headquarters in Japan to ensure the standards of facility and production raw material that they receive. Toyota’s policy of learn local might not prevail in every region that they plan t o operate as initial access would be to local markets that might not provide quality material. It’s design and technology that really matters in the automobile industry and in overseas it becomes even harder for company to ensure secrecy of its designs. Every region has different culture, requirements and most important of all government regulations that create a huge risk. Being a multinational Toyota always faces a threat regarding the foreign exchange. Solution 3 The recommended plant citation within North America is in the United States because as per the clause when 62% of the cost is covered in United States then the company shall be allowed to the free movement of its products within United States, Canada and Mexico. Toyota should consider the market conditions as to what type of facility should be considered best whether manufacturing or assembly and the demand of its products that is within the United States, Canada and Mexico as this will give Toyota the access to t he markets of these three countries as they are the members of North American Free Trade Agreement. The environmental and legal laws should be considered as Toyota has to comply with the legislations of United States in order to be operative. The cost that Toyota will bear should be less than the other

Machiavelli’s The Prince :: Machiavelli The Prince Essays

Niccolo Machiavelli lived in Florence, Italy in the 1400’s. The country of Italy was divided into city-states that had their own leaders, but all pledged alliance to their king. In time in which great leaders were needed in order to help the development of a city-state and country, Machiavelli had a theory that man needed a leader to control them. In his book The Prince, he speaks of the perfect leader. I believe that man, by nature, is neither good nor evil. When a child comes out of its mother, one cannot tell whether or not that child will be a serial killer or win the Nobel Peace prize. A child’s environment is what forms it to be the adult that it will be one day. I believe that it also what one believes that makes him or her what that person will be one day. Machiavelli believed however that man was naturally an evil being, one that needed control (Prince). The idea of man being an evil being, by nature, is expressed in Machiavelli’s book The Prince. He has written that a Prince should break his promises to his subjects because man is evil and will break their promises to their prince (Prince). I do not agree with this theory because I think that man will make his own decision based on whether or not he is good in character. I believe that a leader should tell the truth and win the support of the public by being known as doing this. Machiavelli seems to have the idea of preparing for the worst and thinking in terms of the worst. This is a preventative measure that will benefit anybody who has evil intentions. Only a person who thinks that man is evil would think of such ways to run a government in the way that Machiavelli thought a government should be operated. Machiavelli felt that â€Å"crafty and deceitful princes have historically defeated the faithful princes†(Prince). What happened to the idea of a caring leader, one who could be trusted to make decisions that the majority of the people agreed with? I do not agree with Machiavelli that a leader should be deceitful in order to for his country to succeed or grow. I think that what a leader is depends on what type of man you are good or evil. The leader that Machiavelli describes as being the ideal one is evil.

Strategic Management and Production Differentiation Efforts

Government policies can have a significant impact on the average profitability of firm s in an Industry. Government, however, Is not Included as a potential threat In the five forces model. Should the model be expanded to include government (to make a â€Å"six forces† model)? Why or why not? 2. How would you add complementary to the five forces model? In particular, if an Indus try has large numbers of complementary, does that make It more attractive, less attractive, or does it have no impact on the industry attractiveness?Justify. 3. Which firm will have a higher level of economic performance: (a) a firm with valuable, rare, and costly-to- Imitate capabilities competing In a very attractive Industry or (b) a firm with valuable, rare, and costly-to-imitate capabilities competing In a very unattractive Industry? 4. Will a firm currently experiencing competitive parity be able to gain sustained advent age by studying another firm that is experiencing competitive advantage? Why or why not? 5.Firms engage In an actually called â€Å"forward pricing† when they establish, during the e rely stages of the learning curve, a price for their product that is lower than their actual costs, in an dedication of lower costs later on, after significant learning has occurred. Under what conditions, if any, does forward pricing make sense? What risks, If any, do firms engaging In forward pricing f ace? 6. When GOES exist, firms with large volumes of production will have lower costs than too SE with smaller volumes of production. The realization of these economies of scale, however, is far from

A Leadership Style And Interventions - 999 Words

Leadership style and interventions A coach’s leadership style can have a dramatic influence on the outcome of the coaching process. A democratic leader coach promotes autonomy and growth in individuals when cooperation and coordination is necessary (Marquis Huston, 2012). Mutual decision-making and effective communication are the hallmarks of this leadership style and will be beneficial to Molly as she learns her new roles. A leadership style that is too strict (authoritarian) or too relaxed (laissez-faire) would not suit Molly’s learning needs (Marquis Huston, 2012). Molly requires a supportive, yet structured environment in which to become comfortable and to learn as much as possible. Collaboration will ensure Molly’s learning needs are identified and together the coach and Molly will be able to determine what needs to be taught and the best teaching methods to ensure her learning goals are achieved (Manion, 2011). Identifying Molly’s strengths through self-assessment and reflection will help her with her confidence moving through the coaching process. Step Three – Clarify Expectations and Parameters Before any coaching can begin, an understanding of the role expectations of each party must be established. This ensures each individual knows who will do what throughout the coaching process (Manion, 2011). The role of the coach is to facilitate Molly’s learning in a teaching style, determined together that best suits Molly’s learning needs. Observing herShow MoreRelatedPersonal Leadership Strategies and Interventions1193 Words   |  5 PagesPersonal Leadership Strategies and Interventions Faridah BUS: 610 Organizational Behavior Instructor: Dr. Leo Smith February 5, 2012 Personal Leadership Strategies and Interventions Effective leadership is a collaboration of individual style and execution of strategies. 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