Categories: Strategy

TOWS Analysis of Toyota

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<h3 align&equals;"justify">Strengths<&sol;h3>&NewLine;<p align&equals;"justify">1- A strong brand name&comma; Toyota is considered to be the world’s largest automobile producer&period; Toyota has been operating 51 manufacturing companies in 26 countries including 12 in Japan&period;<&sol;p>&NewLine;<p align&equals;"justify">2- Toyota possess a powerful market position by promoting innovative production techniques that emphasize on eliminating wastes and overall improvement in the manufacturing side has made Toyota &comma; the true technological market leader&period;<&sol;p>&NewLine;<p align&equals;"justify">3- Toyota has been known all over the world for its product’s quality&comma; durability and reliability&period;<&sol;p>&NewLine;<p align&equals;"justify">4- Innovation is the key success factor through massive production in hybrid vehicles all over the world that has been increasing Toyota’s sales&period;<&sol;p>&NewLine;<p align&equals;"justify">5- Toyota is also known at its best to motivate its 300&comma;000 human resources and enrich the corporate culture to achieve favorable outstanding results&period;<&sol;p>&NewLine;<p align&equals;"justify">6- Toyota’s investment in R &amp&semi;D Department is the reason for the recent improvement in the design and research centers in the whole world&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p align&equals;"justify">7- Availability of production facilities is high globally&period;<&sol;p>&NewLine;<h3 align&equals;"justify">Weaknesses<&sol;h3>&NewLine;<p align&equals;"justify">1- Due to unstable political situation in some countries&comma; Toyota has to face through financial crisis and a decline in sales as well&period;<&sol;p>&NewLine;<p align&equals;"justify">2- In some countries&comma; it’s hard for Toyota to maintain the manufacturing facilities as they are expensive and turns to be a serious problem when there is a need to reduce or discontinue production during economic downturn&period;<&sol;p>&NewLine;<p align&equals;"justify">3- Ineffective vehicles can make Toyota lose its brand image and a potential loss in incomes in the long term&period;<&sol;p>&NewLine;<p align&equals;"justify">4-  Toyota is often being criticized as the foreign importer&period;<&sol;p>&NewLine;<h3 align&equals;"justify">Opportunities<&sol;h3>&NewLine;<p align&equals;"justify">1- Countries like Brazil&comma; India&comma; China that is not been explored by Toyota can be a profitable advantage for the organization to make large investments&period;<&sol;p>&NewLine;<p align&equals;"justify">2- Due to rise in fuel prices will benefit Toyota to produce cars that are more fuel efficient and is less harmful to the environment&period;<&sol;p>&NewLine;<p align&equals;"justify">3- Changing consumer’s preference through adapting related&sol;unrelated diversification strategy&period;<&sol;p>&NewLine;<p align&equals;"justify">4- The demand to buy luxurious cars has more increased recently in countries like India&comma; Russia and USA&period;<&sol;p>&NewLine;<h3 align&equals;"justify">Threats<&sol;h3>&NewLine;<p align&equals;"justify">1- As Toyota basically originates in Japan so with a continuous appreciation of Yen can create difficulties while exporting cars in other countries&period;<&sol;p>&NewLine;<p align&equals;"justify">2- The economic slowdown in various economies of the world can have a negative impact on the demand and sales of automotive division&period;&lbrack;sky&rsqb;<&sol;p>&NewLine;<p align&equals;"justify">3- Severe competition against rivals&period;<&sol;p>&NewLine;<p align&equals;"justify">4- Market saturation in Europe and USA leads to reduction in car demand and sales which affects Toyota also due to rise in fuel prices&period;<&sol;p>&NewLine;<p align&equals;"justify">5- Those car manufacturers who sell  cars in cheaper rate has forced Toyota to put it prices down which can be a risk to its organization’s financial position&period;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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