Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Toyota is one of the largest automobile companies of the world. To date, it sold more than 8.5 million of its various transportation units

image text in transcribed

Toyota is one of the largest automobile companies of the world. To date, it sold more than 8.5 million of its various transportation units across five continents. Apart from its main head technical branch in Aiichi, Japan; it has more than six research units all over Europe, seven technical research units only in USA and three more in Asia. It has fifty two manufacturing units spread out across the world. Kichiro Toyoda founded Toyota in 1937 as an industrial vehicle manufacturing company. Today it has grown to be on huge Toyota group comprising of thirteen companies dealing in automobile and ancillary sector. Toyota is known for its "Toyota Way" of leadership and management. Its two strong principles are continuous improvement and respect for others. These principles enabled this organization to be flexible at both the technological as well as managerial front. It adopted newer technology and always tried to outperform others in every aspect. Toyota was one of the first automobile organizations to utilize management information systems to address various IT related issues. https://www.ukessays.com/essays/information-technology/the-management-information-systems-of-toyota- Source: information-technology-essay.php Question 1 (20 Marks] Explain how Toyota utilizes the MIS for customer and supplier intimacy, as well as improved decision-making. Question 2 [10 Marks] Explain how Toyota utilizes the MIS for competitive advantage and survival.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these Economics questions