international business of toyota_lvd_itb301_ewu

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Name ID No.

Farzana Ahmed 2010-3-14-005

Nasifa Tasneem 2012-2-14-003

Soumitra Chakraborti 2012-1-10-123

Hasan Md. Zahir 2012-1-10-005

Sraboni Rahman 2012-1-10-044

Company Profile

ObjectivesWorld

Coverage

Business Process

Political System

Culture

Theoretical Approaches

Economical Status

Conclusion

1937

Headquarter at Japan

Produces : 6.78 million vehicles per year

3,16,000 Employees

2nd largest automobile manufacturer

International Market Areas of Toyota:

Business Process

Clarify the problem

Breakdown the Problem

Set a target

Analyze the root cause

Develop countermeasur

e

See countermeasur

e

Evaluate both results

Standardize successful

process

Democracy Totalitarianism

Collectivism Individualism

Economical status

• Rich

• Poor

• Upper Class

• Middle Class

Steer

• Right Hand

• Left Hand

Car Configuration

• Size

• Design

• Color

• Facilities

1. Social structure2. Religion3. Language4. Education5. Economic philosophy 6. Political philosophy7. Values and Attitudes8. Technology and

Material Culture

Smith’s Theory of Absolute Advantage

Ricardo’s Theory of Comparative Advantage

Heckscher-Ohlin Theory

Product Life Cycle

New trade Theory

Porter’s Theory

Balance of Payments

Introduction Stage

Growth Stage

Decline Stage

Maturity Stage