Business Environment Assignment Scribd Documents

 

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INTRODUCTION

My aim in writing this assignment is to delve into the subject of 

 Business Environment 

anddescribe its key functions. I have chosen to research and submit my findings based on thecompany

Toyota Motor Corporation

,

and look into ways in which the subjects covered inthis assignment apply to this corporation.

A BREIF OVERVIEW OF TOYOTA MOTOR CORPORATIONToyota Motor Corporation

commonly known simply as

Toyota

andabbreviated as

TMC

,

is a Japanese multinational corporationheadquartered in Toyota

,

Aichi

,

Japan. In 2009

,

Toyota Motor Corporation employed 71

,

116 people worldwide (total Toyota 320

,8

0

8)

.TMC is the world's largest automobile manufacturer by sales and production.The company was founded by Kiichiro Toyoda in 1937 as a spinoff from hisfather's company Toyota Industries to create automobiles. Three years earlier 

,

in 1934

,

while still a department of Toyota Industries

,

it created its first product

,

the Type A engine

,

and

,

in 1936

,

its first passenger car 

,

the ToyotaAA. Toyota Motor Corporation group companies are Toyota (including theScion brand

),

Lexus

,

Daihatsu and Hino Motors

,

along with several "non-automotive" companies.

TMC is part of the Toyota Group

,

one of the largestconglomerates in the world.Toyota Motor Corporation is headquartered in Toyota City

,

Aichi and in Tokyo.

In additionto manufacturing automobiles

,

Toyota provides financial services through its ToyotaFinancial Services division and also builds robots.

A BRIEF HISTORY

Toyota started in 1933 as a division of Toyoda Automatic Loom Works devoted to the production of automobiles under the direction of the founder's son

,

Kiichiro Toyoda.

Its firstvehicles were the A1passenger car and the G1 in 1935. Toyota Motor Co. was established asan independent company in 1937.

There would hardly b anyone thatdoes not recognize this logo!

Kichiiro Toyoda

,

The face behind the fame

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