Operating Systems Essays

Working Systems Essays Working Systems Essay Working Systems Essay Presently what number of individuals know the significance of having a working framework for their PCs? Well to put it quickly, without one you would turn on your PC to speak with a clear screen. The working framework acts like an interpreter between the client and the equipment and the other way around. It changes over PC double code into data we would comprehend, and each time we input information like squeezing keys the information we see as letters is entered as codes the PC will comprehend. There is 2 kinds of programming, the O/S(operating framework) and application programming. The application programming is intended to play out various or explicit undertakings for the client. It comes in a wide range of structures from games too Microsoft office. So as to run the application programming you need an O/S. like referenced over its the interpreter between the client and equipment. So on the off chance that you need to teach the equipment to accomplish something from the application programming, it will experience the O/S which will at that point cause te equipment to play out the undertaking. Here is 4 of some the most famous O/Ss being used:- 1.Windows: this is most utilized O/S around the world, it has a graphical UI thus very easy to use. The O/S has its own assistance it offers new clients which is valuable. This O/S is very costly contrasted with others. Be that as it may, one of the primary reasons is a direct result of its fame, utilize around the world, and request. 2.Macintosh: this O/S additionally has a GUI (graphical UI) yet is faraway from being as famous as windows. In this way you would anticipate this O/S to be less expensive. Despite the fact that it might on a par with Windows it needs ubiquity thus it would require some investment before individuals chose to change to it over Windows. 3.UNIX: this O/S is planned or increasingly specialized clients and software engineers. It is picking up notoriety yet it isn't very easy to use for new clients. That may hamper its notoriety developing. Another issue with this O/S is that there are 3 distinct variants which are not good with one another. Consequently when programming is composed for one of the sorts, it wont work with the other 2 except if the code is revamped for each. Unix is additionally well known for enormous systems in business among different associations. 4.Linux: this program is picking up prominence for a few reasons. As a matter of first importance its presumably one of the not very many free O/Ss. It likewise can have its code adjusted by the client to suit his/her wants. Yet, that is Linux destruction, it is structured by developers for software engineers, consequently not very easy to understand. As should be obvious all the projects have focuses in various zones. Presently it up to you to pick which one is directly for you. Here is a table looking at the 4 O/Ss.

The Entering of a Non-traditional Sport :: Genders Athletics Essays

The Entering of a Non-customary Sport There are both numerous social and social expenses and advantages of an individual (male or female) entering a non-customary game for their sexual orientation/sex. To begin with, there are an assortment of advantages. At the point when ladies and men enter non-conventional games, they are demonstrating society that sports don’t must be restricted to one sex or the other. Ladies and men are setting a model for everybody around them that you individuals ought to do whatever you they need to do no make a difference what. The entering of a non-conventional game might be simpler for a person when there is certain criticism from the individuals around him/her. For instance, I don’t imagine that Bev (in the film Pumping Iron II) would have had the option to keep on weighting lift on the off chance that she didn’t have such positive and empowering mentors and family. Another advantage of entering a non-customary game may basically include the utilization of aptitude. Albeit a game, may not be conventional for a specific sex, athletic ability might be upgraded by partaking in these different games. For instance, numerous football players take artful dance exercises to take a shot at their equalization, beauty, and steadiness. This sort of circumstance shows that expressive dance can be utilized for simply performing artful dance or it could imply that artful dance is valuable for different kinds of execution. Another approach to take a gander at entering a non-customary game as valuable is by taking a gander at upward social versatility. Investment in a specific game can permit an individual to better their odds of escaping a circumstance or condition. An undeniable case of upward social versatility is in the film Girlfight. Diana gets an opportunity to escape her home and network through her interest in boxing. Since Diana is a ladies in a non-customary game, her odds of getting out are expanded, not normal for the numerous male fighters around her. Since other ladies fighters are uncommon, the interest for different contenders is high. Being a person in a non-conventional game shows uniqueness, and if that individual is acceptable at what they do, this can acquire more consideration and potentially help in accomplishing different things, for example, athletic grants. Additionally, with respect to females entering non-conventional games, there is simply the advantage of demonstrating and others that ladies are similarly as able, if not shockingly better, as men in playing out specific assignments. This would not be such a serious deal if verifiably sports weren’t set up with men and just men’s interest and aptitude underlined.

The Strategy Framework Of Knowledge Management Commerce Essay Example For Students

Gandhi, A Great Leader Essays - Gandhism, Ascetics, Gujarati People Gandhi, A Great Leader Hardly any men have ever had as quite a bit of an impact on our reality as Mohandas Gandhi (1869-1948), however he utilized the message of harmony and love, instead of war and decimation. Once a conspicuous legal advisor in South Africa, Gandhi quit any pretense of providing legal counsel and came back to India so as to help facilitate the enduring of the stifled individuals of his country. Gandhi's affection for individuals and his strict enthusiasm made him a progressive in a large number of his thoughts and activities. He wanted to see India liberated from British principle in a bloodless unrest, like the Glorious Revolution of Seventeenth Century England. Realizing that viciousness just brings forth savagery, he started the rehearsing of latent opposition, or as he called it, Satyagraha which means clutching truth. In his acclaimed Salt March of 1930, Gandhi and a large number of others walked to a coast where salt lay on the sea shores to fight the British Governments' disallowance against the Indians making their own salt. In spite of the fact that many were beaten, captured and murdered, nobody retaliated. Throughout his life he drove three significant campaigns, revitalized help for peaceful strikes, asked Indians to blacklist anything British, and advocated ladies' privileges. Gandhi exemplified numerous qualities of an incredible pioneer. His affection for the individuals of India was endless; he didn't need anything more than to serve and help them. Continually placing others above himself, he tried to make himself even lower than the least individual from the Hindu position framework. He even lowered himself to the point of clearing up waste deserted by others, planning to train that sickness was spread in foulness. One of his most outstanding characteristics was that he showed others how its done and never lectured what he was not ready to do himself. A consistent theme among Gandhi and numerous other incredible pioneers was that regardless of what he did, he did it as well as could be expected. He once stated: Regardless of how irrelevant the thing you need to do, do it as well as possible, give it as a lot of your consideration and consideration as you would provide for the thing you view as generally significant. For it will be by those things that you will be judged. He surrendered his life and material belongings, fasted, works and languished over his kin and their motivation. He demonstrated that aloofness isn't equal with shortcoming, and turned into a pioneer in the most genuine feeling of the word. Maybe Gandhi's most noteworthy commitment to the world proceeded with long after his death in 1948. Few understand that had it not been for his impact, we may have never seen in this nation Martin Luther King Junior's I have a fantasy discourse, the lunch counter protests, Rosa Parks, or Nelson Mandela's battle against antiapartheid abuse in South Africa. These individuals and a lot more who have emulated his example take the stand concerning Gandhi's administration capacity and his inheritance that will proceed for a long time to come.

Jaguar Land Rover Automotive Plc Essay - 3300 Words

Jaguar Land Rover Automotive Plc (Essay Sample) Content: Jaguar Land Rover Automotive Plc Introduction Jaguar land rover automotive plc is a British multinational company that was founded in 2008 (Waldchen, 2013). The company that deals majorly in development, manufacture, design, and sale of vehicles (Jaguar, Land Rover, and Range Rover) has its headquarters in Whitley, Coventry in the UK (Waldchen, 2013). Since it was founded in 2008, the company has remained a subsidiary of Tata Motors-the Indian carmaker as it parent company. There are three divisions in the automobile company; Jaguar, Range Rover, and Land Rover. It also has four subsidiaries; JLR Limited, JLR Holdings Limited,  HYPERLINK "http://en.wikipedia.org/wiki/Chery_Jaguar_Land_Rover" \o "Chery Jaguar Land Rover" Chery JLR , and  HYPERLINK "http://en.wikipedia.org/w/index.php?title=Jaguar_Land_Rover_Indiaaction=editredlink=1" \o "Jaguar Land Rover India (page does not exist)" JLR India (Plunkett Research, 2008). In the last quarter of 2013, the public li mited company had its revenue standing at  £ 15.785 billion and its operating income at  £ 2.404 billion (Waldchen, 2013). Their net income in the same financial year stood at  £ 1.216 billion (Waldchen, 2013). In their fifth year of operation, the company currently employs over 30,000 people worldwide (Wadchen, 2013).Fortune global 500 ranking (2012) placed the company in position 314, this indicates how progressively the company has been growing. With only 4 years after it was founded, the company has been able to feature in one of the most competitive international companies ranking. This explains why Waldchen (2013) anticipates significant improvement in the companys ranking in future. Based on its sterling development, this paper analyses the companys success by considering its data relating to yearly profit since inception. Subsequently, reasons behind success are discussed as well as the contribution of its leadership in the success.Company Data Used for Evaluating Succ essThe following data relates to Jaguar land Rover automobile company. The data shows the companys turnover, EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization), Net income before tax, and net income to shareholders in  £m as at 31 march from 2009 to 2013.Year ending (31 march)TurnoverEBITDANet Income before TaxNet income Attributed to shareholders201315,7852,4021,6751,215201213,5122,0271,5071,41820119,8701,5011,1151,03520106,527349512420094,94983376402(Shafiulla, 2014)From the data above, it is clear that the company has experienced exponential growth since its first financial year in 2009. By 2011, the company was already making a profit margin that is more than the amount used to buy the two brands in 2008 ( £ 1.1 billion) (Maielli, 2010). Again, in the 2013 financial year, the company sold more than 425,000 vehicles in over 170 countries through their expansive 2,520 dealers spread worldwide (Bignà © et al, 2012). The dealers outside UK were able to sell 80% of all the vehicles produced in UK in that particular year. The companys 2013 performance explains why it was awarded the Queens Award for Enterprise in International Trade in April 2014 (Shafiulla, 2014). Following their integrated marketing approach, the companys sales in US, Europe, and UK also increased from below 15% in 2008 to above 40 % currently. The 425,006 sales in 2013 represents 19% increase considering the previous years sales (Shafiulla, 2014). Sixty percent of the exports are skewed to North America, China, and mainland Europe (Shafiulla, 2014). Considering this data, it is fair to conclude that Jaguar Land Rover automobile is a successful company with increasing sales and profit every financial year. Most of the companies in the same industry have not realised such growth rate in such a short period. Projections based on the data indicates the companys ability to double its current profit margin in the next 4 years.Business Re asons behind the Companys SuccessCustomers SatisfactionOne of the companys core values is excellence. As such, their main priority is to reach the highest possible standards in their daily operation as well as in the products and services they provide. The company is able to achieve this through constant market research that informs them of the prevailing consumers demand. In this way, their services and products have been winning consumers appeal (Cervi, 2013). For instance, the company has been able to make remarkable inroads in the Chinese market by understanding customers tastes and giving it through their competent research and development team (Cervi, 2013).Strong Brand NameBrand name is an important tool in marketing and sales. Products and services that enjoy a strong brand name are likely to appeal to the consumers compared to those that do not. Jaguar Land Rover (JLR) Company enjoy the benefits that come with the strong brand name and this has played a role in their contin ued success (Cervi, 2013). The company has received several awards both locally and internationally. For example, it recently received the Queens Excellence Award and has received other international awards including from China, which has given it 20 awards (Segarra, et al, 2013). Coupled with their relentless corporate social responsibility, the company has established a strong brand name that contributes to its success.Expansive Marketing and Dealer NetworkMarketing is a significant component in business. Besides creating awareness, it also brings on focus features of a product or a service to the consumers for comparison with other substitutes. Jaguar Land Rover automobile Company has constantly invested heavily in marketing and communications to attract more customers. Additional to this is their dealer network; with over 2,520 dealers globally, the company has been able to conveniently take their products to the consumers door step (Lorna, 2012). The expansive dealer network is responsible for the 19 % global sale increase realised last year (2013). Rebecca Murphy, the global brand strategy and identity manager has confirmed that a robust guideline for their marketers in the 177 markets is yet to be availed for continued expansion of their market share (Lorna, 2012).Investment in Research and DevelopmentThrough research and development, the company has been able to come up with solutions that match customers requirements. This has endured most customers to consider buying their products, hence realising more sales. The companys innovation level occasioned by research and development team has ensured that they remain ahead of the pack in the industry and continue to provide solutions in the automobile industry that wow prospective customers (Montgomery, 2014). The company thus stands out in the industry with its stunning breakthroughs tailored to meet customers demands.Production of Varied BrandsWith the realisation that customers have varied tastes and pr eferences, the company has conducted market research overtime to identify key variations in customers demands and responded by designing and producing vehicles that meets the customers preferences. In this way, the company has a variety of brands that suits a wide customer base, which helps them not to lose customers on grounds of limited variety (Montgomery, 2014). In China, the company has been able to make four varied vehicles unique to the market; Jaguar XJ, Jaguar XF, Freelander 2 and Range Rover Evoque (Montgomery, 2014). This was occasioned by the Chinese taste that prefers smaller engines with 2.0 litres capacity (Montgomery, 2014).Increased Disposable IncomeWith the global economic recession slowly normalising, there has been increased level of disposable income worldwide. This has created business for the company especially in North America, China, and Europe as more people now want to experience the taste of Jaguar Land Rover products (Cervi, 2013). With increase in disp osable income, the companys success in the industry will continue to remain certain in future (Cervi, 2013). Increase in disposable income is responsible for the companys interest in the potential Chinese market.Continued Business BuildingJaguar Land Rover has continued to build their business through investing in technology, research and development, and trainings. In this way, the company has been able to employ more than 25,000 people consisting of a dedicated team of marketers, researchers, designers, engineers, and technicians who are focused in keeping the company ahead of others in the industry (Lorna, 2012).Companys Strategic Capabilities; Value Chain and VRIN Tools Jaguar Land Rover Company has created an effective value chain that is gives them a competitive advantage in the automobile industry. With only five years in the market, dealing with 700 suppliers around the world (50% in Europe, 45% in UK, and 5% the rest of the world) and to subsequently distribute over 350,00 0 vehicles in over 177 markets is a process that needs efficiency, cooperation, and understanding (Chan, Chan, Jain, 2012). The companys directors of material planning and logistics, Dyke, Jeory, and Williams in charge of materials planning, distribution, and inbound logistics respectively have managed keeping the company operational all the time. The cooperation of the three has ensured that; inventory levels are optimum not to disrupt production, vehicles are in the show room for customers, and that there is cooperation within the companys departments in meeting the required flow of inbound and outbound logistics (Chan, Chan, Jain, 2012).This level of supply chain has created value for the company...

Methods of Curbing Childhood Aggression Due To Violent...

No matter how we try to degrade it, television is a primary source of education in todays society. Next to parents, television is a childs most persistent and most influential teacher, according to the late Ernest Boyer of the Carnegie Foundation for the Advancement of Teaching. Mr. Boyer believes: Through repetition, certain elements of television programming constitute an informal curriculum taught at home to all children, beginning at an early age, with the following themes: Consumption, sex, violence and anti-intellectualism. Children only spend five or six hours a day, five days a week, maybe 30 weeks a year in school. In the average home, however, TV is on six or seven hours a day, seven days a week, 52 weeks†¦show more content†¦We must take control of the television before we are the ones being shaped by our most manipulative creation. There are many reasons for feeling that violence needs to end among children. The dramatic expression of concern disturbs us due to the school shooting sprees throughout the United States over the past few years. Much fear has been created in the community and it is easy for us to blame the media for this crisis. We must consider also that historically, we have more latchkey children spawned by the decline of traditional families. There is a tremendous amount of violence that occurs on the set, and working parents are not always able to regulate the viewing habits of their children. From a sociological viewpoint, urban kids and minority children are most significantly impacted by the television. They spend more time in front of the set because of the lack of other entertainment. City kids have a closer proximity to violence and therefore an overload of unhealthy modeling. How do we know if it is the propinquity of aggressive action expression in reality, or if it is the violent act on the main source of entertainment that is more of a disservice? Who is responsible for shielding unhealthy models projected on television from the children? The American government is fearful that this new aggression that is affecting the young must be eliminated completely through censorship and the V-chip. This smut-screening technology appears

Street kiosk free essay sample

We choose 5-Street Kiosk as our business name since our group has five members and â€Å"street† from our proposed business main dish which is street foods. Logo Our logo has the background of variety pictures of street foods and at the centre part is our business name. We choose this because it emphasizes the nature of our business. Location The location of our business possible would be at Brgy. Malamig Boni Avenue, Mandaluyong City. In front of Rizal Technological University, beside PLDT Building. This would be the strategic location for our business because it is near from school, business offices, condominiums, etc. where the students, workers and other people who are living near our store would be our possible customers. Descriptive definition of the project The study is about a food kiosk catering street foods as its menu. The objective of the proponents in making this business possible is to make an impression that usual Filipino street foods that we encounter can also be safe and be complemented to other dishes. Our business wants to emphasize that aesthetics, appearances, presentation of food, personal trust and interaction with our customers are the most important criteria for assessing food safety as well as meeting our customer’s needs and wants. People in all walks of life can now have the perception that street foods are not just an alternative food if they want to be a spend thrift but rather these are also foods which will delight them and will give them satisfaction beyond their expectations. General Objectives: To be able to change the perception of people regarding safety and cleanliness of street foods. To increase the level of awareness of customers on the different ways that the street foods can be introduced from a simple and ordinary recipes to a nutritious, stylish and savoury dishes or cuisine. To line up with other competitors using our unique approach in catering street foods. To offer an affordable but delicious and a satisfying street foods. Every enterprise is build primarily to earn profit. But aside from earning profit, the enterprise is also aiming to accomplish the following: SHORT-TERM OBJECTIVES This are the specific objectives that the enterprise would want to pursue after one (1) year of its normal operation. 1. To be known in the public and earn customer satisfaction. 2. To have 10% net profit. INTERMEDIATE OBJECTIVES This are the specific objectives that the enterprise would want to pursue after five (5) years of its normal operation. 1. To maintain customer’s loyalty. 2. To stay competitive in the industry. 3. To have more customers. 4. To increase the net profit of up to 25% of the sales. LONG-TERM OBJECTIVES This are the specific objectives that the enterprise would want to pursue after ten (10) years of its normal operation. 1. To stay competitive in the industry. 2. To sell the products through delivery. 3. To have online selling. 4. To have branches over Metro Manila. 5. To increase the net profit up to 40% of sales Project timetable and status Gantt chart Activities Month WEEKS Processing of different business permits Processing the documents for leasing the business location Purchasing And installation of machineries and equipments Hiring and Training of employees Preparation of other business operational materials Start of the business operation NOVEMBER 1 2 3 4 DECEMBER 1 2 3 4 JANUARY 1 2 3 4 FEBRUARY 1 2 3 4 Nature of the industry Food Service Industry Food is a basic necessity. The industry which deals with preparing food items/products refers to the food service industry. The food service industry is and will always remain in high demand because of its genre. These industries include restaurants, fast foods, school and hospital cafeterias, catering operations, food carts and food trucks etc. Restaurants and fast foods mainly contribute to the food service industry. â€Å"Fast food† generally refers to the type of restaurants that sell quick, inexpensive take-out food. During a relatively brief period of time, the fast food industry has helped to transform not only diet, but also landscape, economy, workforce, and popular culture. The extraordinary growth of the fast food industry has been obsessed by fundamental changes in society. Restaurants and fast foods are meant for same services except that restaurants offer a large menu including a variety of cuisines as compared to fast foods, which usually offers a small menu with quick service. Another difference between a restaurant and fast food is, restaurants offer meals that are cooked and prepared and is eaten at the premises while fast food usually is pre-cooked meals or serves meals that are cooked easily. Like every other country, the food industry has flourished very well in Philippines. Filipinos love to eat and that’s the reason why you will see a lot of restaurants and fast foods restaurants scattered in the cities. These restaurants and fast foods can be local or international food chains. Filipino food and chefs are considered one of the best in the world. It is hardly surprising that Filipino food is often labelled as somewhat strange (like the â€Å"balut† for example) but in its own way, its food is a unique mixture of eastern and western cuisines and reflects the history of Philippines. The Filipino food includes dishes and cooking procedures from China, Spain, Mexico, United States, and more recently from further abroad. However, what makes them Filipino is the history and society that introduced and adapted them; the people who turned them to their tastes and accepted them into their homes and restaurants, and specially the harmonizing culture that combined them into modern Filipino fare. Some of the popular fast food chains of Philippines are Jollibee, McDonald, KFC, and Chowking, etc. and popular restaurants are Max Restaurants, RACKS,KAYA, and a lot more. Attracting a huge crowd to restaurants or fast foods require more than just good food. Though important, good food is only a part of the total dining experience. Equally important is believed to be the way people feel while in the restaurant. This physical and emotional response is a result of the atmosphere, the total environment to which customers are exposed. The proper atmosphere can make the food, service and whole dining experience seem better. For that reason a restaurant or a fast food must take care the cleanliness of the place and freshness of the food and ambiance in order to please the customers. (www. scribd. com/doc/675267/kalye-ocho-feasibility-study) Mode of financing The partnership shall be composed of five proponents who will have a mutual contribution of money to a common fund. The proponents agreed to contribute the following amounts stated below with the corresponding percentage of share. Mode of Financing Partners Contribution Percentage Potolin, Riza B. 150,000 20 % Benoza, Kristine Joy D. 150,000 20 % Bruno, Sharon Joy G. 150,000 20 % Sarigumba,April Ann J. 150,000 20 % Quirante, Mark Cedie 150,000 20 % Total 750,000 100% Investment cost Machinery and Tools 62,809. 49 Office Supplies 3,020 Kitchen Utensils 4,139 Rent expense 180,000 Total 249,968. 49 Market Feasibility Marketing is a system of business activities designed to plan, price, promote and distribute want-satisfying goods and services to present and potential customers. It is considered as the lifeblood of every business transactions because it is a strategic way on how to cope up to the needs and wants of the costumers, finding opportunities regarding it, introduce and market the product, achieve customer’s loyalty and patronage. The objective of the proposed project is to delight the customers, not just by meeting their expectation but rather exceeding and going extra mile. Moreover, it’s about profitability. Marketing aspect serves as the basis of the financial section through the projected demand. Every business is practically aspiring for productivity but practically in order to last in the business world the first thing to take into consideration is the target market. The costumers will be the key factor to achieve the objectives of the organization. Finding opportunities and spotting the right market are both important in establishing a business. Knowing customer’s demand and supplying them right products at reasonable prices. Management Feasibility One goal of this study is to have an effective and efficient business organization. Partnership type of business is more efficient to operate as a saying goes that â€Å"Two is better than one†. The combine ability, skills, knowledge and resources of partners will become the strength of the business. Technical Feasibility This defines the description of the business and nature of the industry. It also focuses the production process, from the raw materials up to the finish products that will be served to the customers. Also the quantity and quality of the products that will be sold. Financial Feasibility The proponents decided to contribute P 150,000 each in order to come up with the required capital amounted to P 750,000. This study focuses on the cost of the proposed business and all the expenses that may be incur in operating the business. The business will have major assumption, financial projection for five years which include income statement, balance sheet and cash flow. Socio – Economic feasibility The objective of our business is not only focusing on the profit but also for economic benefits such as providing employment to some unemployed people. Helping government through payment of right tax as well as to the local producer who will be benefited also. CHAPTER II MARKETING STUDY General market description Marketing is a system of business activities designed to plan, price, promote and distribute want-satisfying goods and services to present and potential customers. It is considered as the lifeblood of every business transactions because it is a strategic way on how to cope up to the needs and wants of the costumers, finding opportunities regarding it, introduce and market the product, achieve customer’s loyalty and patronage. This aspect includes the following topics: demands, supply, market share, demand-supply analysis, marketing programs and systems and forms design. The objective of the proposed project is to delight the customers, not just by meeting their expectation but rather exceeding and going extra mile. Moreover, it’s about profit ability. Marketing aspect serves as the basis of the financial section through the projected demand. There can be no discussion of profitability or of other aspects of the study; if in the first place, there is no demand or market. Every business is practically aspiring for productivity but practically in order to last in the business world the first thing to take into consideration is the target market. The costumers will be the key factor to achieve the objectives of the organization. Finding opportunities and spotting the right market are both important in establishing a business. Knowing customer’s demand and supplying them right products at reasonable prices. (www. scribd. com/doc/675267/kalye-ocho-feasibility-study) Size of the market Demand It is very essential to know the demand of our products in order to answer needs and wants of our target market; students, employees of the nearby business establishments, passersby, tenants of apartments and condo near to our business location and . etc. Knowing the demand will help us to determine the trend for our products. Past 5-year demand Since there is no statistical data recorded in NSO and DTI regarding the demand for street foods, past demand is computed by getting the target population in Brgy. Malamig Mandaluyong City for the year 2009 2013 multiplied by the annual growth of population in Mandaluyong City. Past 5-Year Demand Year Population Annual Growth Demand 2009 6,890 1. 67 11,506 2010 7,007 1. 67 11,702 2011 7,124 1. 67 11,897 2012 7,241 1. 67 12,092 2013 7,358 1. 67 12,288 Total 35,620 1. 67 59,485 Projected 5-year demand The annual projected demand was obtained by multiplying the population to the projected annual growth of Mandaluyong City. Projected 5-Year Demand Year Population Annual Growth Demand 2014 7,475 3 22,425 2015 7,592 3 22,776 2016 7,709 3 23,127 2017 7,826 3 23,478 2018 7,943 3 23,829 Total 38,545 3 115,635 Study of competitors 1. Chickboy – a fastfood who caters pork BBQ. 2. Chowking – a fastfood who caters siomai. 3. Street vendors – there are lot of street vendors who are also offering the same products that we cater such as kwek-kwek, isaw, fishball, pork BBQ and chicken skin. 4. Carenderia (5) – there are five carenderia near to our business location who also offering Pork BBQ as one of their dishes. Demand-supply analysis Year Demand Supply Unfilled Demand 2014 22,425 19,958 2,467 2015 22,776 20,271 2,505 2016 23,127 20,583 2,544 2017 23,478 20,895 2,583 2018 23,829 21,208 2,621 Total 115,635 102,915 12,720 Market Share Analysis Every business must determine their market share that will serve as basis of marketing strategies of the establishment. It will define the extent of market that we need to satisfy. Out of the total available market which is 11 %, we made our capacity to supply based in our resources. We have 1 counter, 1 cashier, 2 burners, 2 kitchen stewards and each product requires 10 minutes of preparation. Our store hours are from 8 AM – 9 PM, and our market share will be 6 %. They all increase by 5% every year because of the promotional tactics provided by the business. Year Demand Market Share 2014 22,425 1,346 2015 22,776 1,367 2016 23,127 1,388 2017 23,478 1,409 2018 23,829 1,430 Total 115,635 6,938 Proposed marketing program 1. Product Strategies As the result of our survey, youth are the one who have high percentage saying that they are fond of eating street foods. This will serve as the competitive advantage of our business enable to penetrate to the market. The products will be cooked in its traditional way in able to maintain the original taste of these foods. But, presentation will be something different. 5-Street Kiosk wants to emphasize the importance of aesthetics; appearance and food preparation enable to attract customers as well as to achieve customers delight through safe and quality products. For takeout products it will be packed in a paper bag. 2. Place Strategies 5-Street Kiosk will be located beside PLDT building and in front of Rizal Technological University. It would be the strategic location of our business because the students and employee of different business establishments near to our location would be our possible customers. Moreover, the location is also near to Boni Market, Topway supermart where we can have easy access to our raw materials that will be needed in our daily operations. 3. Pricing Strategies We used cost plus strategy in order to set the price of our products. The computation would be: Purchase Cost + Operating Cost+ mark-up=Selling Price 4. Promotion Based on the response of our survey, posters (54%), Flyers (23%), website (18%), are the top three advertising tools that our customers want us to use in promoting our business. System and forms design Since we are just starting and it is small scale business, the group decided that we handle the business manually. One person will take the orders of customers then to cashier for payment and to the kitchen steward who is responsible for doing the orders of customers. Chapter III- TECHNICAL STUDY The products/ services Kwek – kwek is actually a hard boiled quail egg deep fried in an orange batter / coating. The sound of â€Å"quail-egg† said quickly with the local accent made the words mesh together and sound as it is called now, Kwek-kwek. This is sometimes also called â€Å"itlog ng pugo. † Isaw is made from barbecued pig or chicken intestines. The intestines are cleaned, turned inside out, and cleaned again, repeating the process several times Chicken Skin- chicken skin battered and deep fried. Adidas – chicken feet, marinated and grilled or cooked adobo style. Pork Barbeque – marinated pork pieces grilled on skewers. Calamares – deep-fried squid in batter. Betamax – curdled chicken or pork blood, cubed and grilled Siomai – steamed pork dumplings. Banana-Que or Banana-Q This one is a very popular Filipino street food often served as a â€Å"mirenda,† meaning â€Å"snack. † This is a local banana, known as â€Å"†saba,† deep fried in a caramelized sugar coating and then poked with a stick to look like your average back yard BBQ. Don’t be fooled though as this BBQ is nothing like those July 4th American skewers. Banana-Ques are a sweet treat for a lazy afternoon day. Balut – hard-boiled duck egg with fetus Mais Con Yelo – sweet corn, milk and sugar topped with shaved ice. Halo- Halo is a popular Filipino dessert that is a mixture of shaved ice and evaporated milk to which are added various boiled sweet beans and fruits, and served in a tall glass or bowl. Banana Con Yelo – a caramelized plantain slices served with crushed ice. Sorbetes – is the traditional variation of ice cream made in the Philippines. Peddled by street hawkers, it is usually served with small wafer or sugar cones and more recently, bread buns. It is uniquely made from coconut milk, unlike other iced desserts that are made from animal milk. Turon – is a Filipino snack made of thinly sliced bananas (preferably saba or Cardaba bananas) and a slice of jackfruit, dusted with brown sugar, rolled in a spring roll wrapper and fried. Minatamis na Saging – is cooked by sweetening the banana in a mixture of brown sugar, salt, vanilla extract and water. Buko Juice – is the clear liquid inside young coconuts (fruits of the coconut palm). Sago’t Gulaman – a refreshingly cold drink made out of tapioca and jelly. Iced Tea – is a form of cold tea, usually served in a glass with ice. Buko Pandan is essentially a street food sold almost everywhere in the country along with other ice-cold drinks like sago (tapioca or pearl balls with iced water sweetened with melted panocha or palm sugar), gulaman (a similar panocha-sweetened iced drink but with cubes of agar-agar in lieu of tapioca balls) or gulaman at sago, a panocha-sweetened drink with a combination of tapioca balls and agar-agar cubes The quantity and quality of the product/service to be produced/sold We compute the quantity of our product to be produce daily. KWEK-KWEK ( 12 pcs. ) Quail Eggs (1 dozen = 15 pesos) Flour (36 pesos) Corn Starch (1/4 kilo = 10 pesos) Cooking Oil (1 liter = 70 pesos) Total = 131 pesos BARBECUE ( 30 pcs. ) Pork Butt or belly (1 kilo = 160 pesos) Soy sauce (6 pesos) Ketchup (1 bottle = 22 pesos) Onion (3 pesos) Garlic (5pesos) Sugar (24 pesos) Salt (5 pesos) Total = 225 pesos PORK SIOMAI Ground Pork ( 1 kilo = 160 pesos ) Onion (3 pesos) Carrots (5 pesos) Salt (5 pesos) Siomai wrapper (15 pesos) Egg (2pcs = 12 pesos) Pepper (5 pesos) Soy Sauce (6 pesos) Calamansi (1/4 kilo = 10 pesos) Total = 221 pesos CALAMARES ( Salt (5 pesos) Squid (1 kilo = 220 pesos) Egg ( 1 piece = 6 pesos) Pepper (5 pesos) Cooking Oil (1 bottle = 70 pesos) Total = 306 pesos BETAMAX ( 16 pcs. ) Chicken blood (1 kilo = 55 pesos) Vinegar (6 pesos) Total = 61 pesos ADIDAS ( 20 pcs. ) Chicken feet (1 kilo = 55 pesos) Soy sauce (6 pesos) Salt (5 pesos) Pepper (5 pesos) Ketchup (1 bottle = 22 pesos) Stick (5 pesos) Total = 98 pesos ISAW ( 30 pcs. ) Chicken’s intestine (1 kilo = 55 pesos) Soy sauce (6 pesos) Salt (5 pesos) Pepper (5 pesos) Ketchup (1 bottle = 22 pesos) Stick (5 pesos) Total = 98 pesos BANANAQUE ( 30 pcs. ) Saging saba ( 60 pcs. 100 pesos) Brown sugar (32 pesos) Cooking oil (70 pesos) Total = 202 pesos TURON ( 30 pcs. ) Saging saba (15 pcs. – 25 pesos) Lumpia rapper (20 pieces = 16 pesos) Brown sugar ( ? kl. 20 pesos) Cooking oil (70 pesos) Total = 131 pesos SAGO’T GULAMAN ( 15 cups ) Sago (4 cups = 40 pesos ) Gulaman ( 2 packs. 30 pesos) Milk ( 1 can = 38 pesos ) Total = P 108. 00 Halo-Halo ( 15 cups ) Banana (3 pcs. = 5 pesos ) Sugar ( ? Kl. = 16 pesos ) Milk ( 2 cans = 64 pesos ) Kaong ( 1 bottle = 25 pesos ) Nata De Coco ( 1 Bottle = 25 pesos ) Sweet Corn ( 1 can = 20 pesos ) Ube ( 1 Bottle = 28 pesos ) Total = P 183. 00 The production/service process Machinery/ tools needed Description Function Quantity Unit Cost Total Cost Computer Set Used to store and record data 1 15000 15000 Telephone For communication and business transaction purposes 1 1000 1000 Refrigerator Use to reduce the rate of spoilage of the food items 1 12500 12500 Freezer Used for cooling purposes and stores perishable goods 1 8,000 8,000 Ice Crusher A device use to crushed ice for cold food items 1 450 450 Exhaust Fan Used to sucks hot air out in the kitchen to maintain proper ventilation 1 550 550 Gas Stove Burner Used to cooked food items 2 3860 3860 Rice Cooker Used for cooking rice 1 1249. 50 1249. 50 Used for baking, broiling, heating food items 1 2349. 99 2349. 99 Television For 1 10000 10000 Steamer For steaming purposes 1 1850 1850 Electric Fan For ventilation purposes 5 1200 6000 Utensils Frying Pan A kitchen utensil design use to fry, to saute, and to sear food 1 500 500 Chopping Board A kitchen utensil use as a surface in slicing and cutting 1 100 100 Knife Set A kitchen utensil use in slicing and cutting foods,etc. 1 495 495 Tong A kitchen utensil used for handling food items in grilling 2 94. 50 189 Spoon and Fork A kitchen utensils used for mixing, stirring food items. It is also the primary utensils used in eating. 3 dozen each 105 630 Plate A broad and flat kitchen utensil on which food is serve. 3 dozens 150 450 Bowl A round kitchen utensil mainly used for holding foods especially liquids. 2 dozens 120 440 Spatula A kitchen utensil used in lifting, flipping and spreading food substance. 2 65 130 Pitcher Used to hold water and other drinking substance 3 125 375 Ice Cream Scooper Used to scoop ice cream 2 55 110 Drinking Glass Used for drinking purposes 3 dozens 240 720 Supplies Ballpen Used in writing purpose 12 5 60 Calculator Used for computation 1 110 110 Notebook Used for recording and reference purposes 2 25 50 Stapler Used to compile files 2 55 110 Pot holder Used to hold hot kitchen equipments 2 25 50 Sponge and scrubber Used to scrub plates and other utensils 10 15 150 Dishwashing Liquid Used to clean kitchen utensils 10 50 500 CleaningTowel Used to dry hands and for sanitation purposes 2 dozens 150 300 Broom Used to sweep the floor 2 120 240 Dustpan Used to collect duct and waste 2 50 100 Tissue Paper For sanitary purposes 3 packs 110 330 Paper Bag For food take out purposes 500 pcs. 500 500 Paper Cups For takeout drinks purposes 10 packs 52 520 Capacity, design, and sources Raw materials and their resources Raw Materials Quantity Unit Price Total Cost Chicken intestine 5 kls. 55 275 Pork Kasim 5 kls 155 775 Ground Pork 5 kls 160 800 Chicken Blood 5 kls 55 275 Chicken Feet 5 kls 70 350 Chicken Skin 5 kls 55 275 Vinegar 1 liter 22 22 Ketchup 1 liter 58 58 Soy Sauce 1 liter 20 38 Salt 1 pack 15 15 Sugar 3 kilo 32 96 Nata De Coco 5 bottles 25 125 Kaong 5 bottles 25 125 Ube 4 bottle 28 112 Milk 5 cans 36 180 Siomai wrapper 50 pcs 15 400 Oil 2gallons 250 500 Food coloring 1pc 5 5 Flour 1kilo 36 36 Quail eggs 5dozen 15 75 Lumpia wrapper 10 tanda 8 80 Saging saba 200 pcs. 5 php/3 pcs. 335 Juice 7 packs 28 196 Gulaman 5 cups 25 125 Sago 5 cups 25 125 Fishball 5 kls. 40 200 Stick 5 packs 10 50 Total 5,648/ week Labour needed- skilled and unskilled Our business needs one store manager, two kitchen steward and one cashier. Plant/store location Our store location will be at Brgy. Malamig Boni Avenue, Mandaluyong City. In front of Rizal Technological University and besides the PLDT office building. Plant/store lay-out Structure specification Total project cost List of estimated production, overhead costs, operating expenses Expenses Amount Workers/Employees (2 kitchen steward only because the partners will be the one who assumes the responsibility of being a store manager and cashier) P 12,000 x 12 = P144,000 Plant/Store Rent P 15,000 x 12 = P180,000 Utilities ( telephone, water, electricity ) P 3,000 x 12 = P 36,000 Raw Materials P 5,648 x 48= P 271, 104 Total Expenses P 631,104 CHAPTER IV- MANAGEMENT STUDY Management is one of the important aspects in establishing a business. It is the performance of conceiving and achieving desired results by means of group effort consisting of utilizing human talents and resources. Therefore, management is considered as the force that runs an enterprise and is responsible for its success or failure. The overall implementation plan is discussed in the organization and management study. This aspect includes a study of the officers and key personnel, basic consideration in forming the organization, form of ownership, organizational chart and project schedule. The objective of the management aspect of a feasibility study is to determine the option effectiveness of the organizational setup and the qualifications of the individuals who will make up the organization. This aspect will determine the successful realization of the project study. Basic considerations in forming the organization Form of ownership The enterprise shall be a partnership type of business organization, in which all of the partners will continue what they agreed upon in the formation of the said enterprise. As to its liability to the third person, it is a general partnership. All the partners are general partners who are liable to the partnership’s creditors to the extent of their personal property. As to its duration, it is a partnership at will in which no time is specified. It is a partnership that is not formed for a particular partner’s mutual agreement or by the will of anyone of the partners. As to its management, the enterprise will designate a managing partner who will be Ms. Riza B. Potolin. The said managing partner shall be responsible for the overall management function. Organizational structure Job Title Job Description Job Specification Store Manager -Responsible for the overall supervision of all other managers and subordinates. -Responsible for the administration of all the management functions- planning, organizing, controlling and directing -Handles the implementation of the policies, rules and regulations throughout the organization. -Monitors the performance of his subordinates. -Responsible for the overall ongoing production operations including inventory control, equipment maintenance and Quality Control/Food Safety Inspection -BSBA Management graduate -At least 2 years of managerial experience and has a higher degree of academic preparation -20-25 years old, -Male or female -Highly intelligent and very good in decision making -Creative and imaginative -Hardworking and good in handling people -Have good communication skills -Computer literate Cashier -Greet customers at all times -Handles money/sales properly -Ensures good customers relations by giving friendly service -Graduate of any business course -Hardworking and highly motivated -18-25 years old -Female -Computer literate Kitchen Steward -Ensures the quality products -Responsible for the cleanliness of all kitchen tools and equipments -Minimizes the wastage of raw materials -Responsible for the safety of all foods -High school graduate. -20-28 years old -Male Hardworking and highly motivated Policies Hygiene and Sanitation All employees must observe the highest standard of hygiene and sanitation. Employees must be well-groomed and continue with their work, wearing clean and proper attire. For this purpose, the tem â€Å"well-groomed† shall mean proper haircut, cut fingernails, use deodorant, and clean and regularly washed hands. For this purpose, the term â€Å"clean and proper attire† shall likewise include newly -washed and properly-ironed attire, no excessive dirt on clothes and shoes, and proper and complete company uniform worn properly Arrival and Departure of Employees All employees regardless of status and rank, must submit all personal belongings for inspection upon entering and leaving the company premises. Procedure for Notices/Bulletin Boards Management shall post all notices, announcements and memoranda of general application on the bulletin board. Ignorance is not an excuse and it is incumbent on each employee to regularly check the bulletin boards for new notices, announcements or memoranda. No employee is allowed to post or remove any document on the bulletin board without the prior permission from the management. Notice of Disciplinary Action In accordance with the due process requirements of the Labour code, as amended, all employees found or reported to have committed a violation of the company rules and regulations shall be given a written notice to explain, and shall be given the opportunity to explain why no disciplinary action should be imposed against him. Thereafter, any disciplinary action to be imposed by the management shall again be indicated in writing and duly furnished to the affected employee. Training and development It is an educational process where employees can learn new information, re-learn and reinforce existing knowledge and skills, and most importantly have time to think and consider what new options can help them improve their effectiveness at work. Effective trainings convey relevant and useful information that inform participants and develop skills and behaviours that can be transferred back to the workplace. The goal of training is to create an impact that lasts beyond the end time of the training itself. The focus is on creating specific action steps and commitments that focus people’s attention on incorporating their new skills and ideas back at work. In general, trainings involve presentation and learning of content as a means for enhancing skill development and improving workplace behaviours. Our trainings includes attending seminars that is related to our business and could be a help for the development to our business as well as to our employees. Salaries, wages, and benefits Salaries and Wages All employees shall receive their respective salaries or wages as provided in their Contracts of employment every 15th and last day of the month. Cut-off for payroll computation is every 10th and 25th of the month. Overtime Pay Employees may be required to work beyond their shift or even on rest days due to work requirements. Every effort should be made to avoid unnecessary overtime work and to keep work within reasonable limits. All overtime work should have prior written approval from the Store Manager. Every employee should file their overtime slips within the pay-period to be compensated. No overtime slip, no overtime pay. Holiday Pay Every employee shall be provided with a rest period of twenty-four (24) hours after every six (6) consecutive normal working days. The following shall be considered regular holidays: New Year’s Day-January 01 Maundy Thursday movable date Good Friday movable date Araw ng Kagitingan April 09 Labour Day May 01 Independence Day June 12 National Heroes Day last Sunday of August Ramadan movable date Bonifacio Day November Christmas Day December 25 Rizal Day December 30 The following shall be considered special holidays: All Saints Day November 01 Last day of the Year December 31 Work performed on a regular holiday shal

Strategic Management Toyota Japan

Introduction Toyota is one of the most popular companies in the automobile industry. This company started from a very humble beginning, but due to strategic planning, it has managed to achieve its organizational goals. Japan is the company’s headquarter, and this being its parent branch it has played a major role in inspiring the establishment of other branches (Chester, 2004).Advertising We will write a custom essay sample on Strategic Management: Toyota Japan specifically for you for only $16.05 $11/page Learn More Now that the company is ranked among the top organizations in the world, there is more work to be done to ensure that the position is retained. This is because there are other companies that are struggling to achieve the same goals. Currently Toyota manufactures a wide range of vehicles including Rav4, Prado, and Pajero among many others (Kendra, 2009). This paper focuses on Toyota’s company, particularly strategic methods and tools that have led to its superior performance. Policies of Toyota Japan Every organization has its own tailor-made policies that all employees must adhere to, and this is meant to guarantee the achievement of organizational goals. Without clear policies, an organization is most likely to divert to other concerns that were not included in the master plan. It is therefore important to employ salient policies that would act as the guidelines when the going gets tough (Johnson Scholes, 2008). For instance, if a passenger decided to commute to a given destination and it happens that the vehicle breaks down, he/she will look for another mode of transport to ensure that he/she gets to the intended destination. According to Dess and Allan (2006), Toyota mainly focuses on long-term goals regardless of whether those goals will hinder the achievement of short-term goals. This was evidenced back in 1973 during the oil crisis that caused many customers who had purchased Toyota models to repla ce them with other models. This was because the big cars were consuming a lot of fuel and thus, were not considered pocket friendly. In the years that followed, the company had to pay high taxes for it to export vehicles to other markets. The management of Toyota thus decided to collaborate with General Motors (GM). This move was logical because it would help in cutting back on the costs that were incurred on the exports.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Additionally, Bremner and Dawson (2003) argue that Toyota was initially established as Toyoda and thus the brand name had to be changed for this company to be assimilated with its regional market. It was perceived that the initial brand name was not appealing to the local consumers probably because of its sound. It was then proposed that the brand name be renamed to Toyota, which sounded much better and uplifted the reputatio n of the logo and the brand. This approach was logical because it made it easy for Toyota to penetrate the Asian market due to its familiarity and association with the local dialects. At Toyota, the processes of production flow in a sequential manner and this is meant to unveil any underlying problems that can cause the quality of its products to be compromised. The policies of Toyota clearly states that in case a problem or a fault is discovered in the course of production, the processes should be halted until the problem has been solved. In the year 2009, Toyota recalled quite a number of vehicles that were believed to be having faulty accelerator pedals. Although the initiative cost the company dearly, it was considered to be noble because the image the company would have been tainted and the monetary fine would have been heftier (Valdes-Dapena, 2010). Lynch (2006) points out that strategic management in an organization’s set up requires collective participation of all the employees. This aspect is greatly emphasized at Toyota in Japan. This is because if decisions were made in a hurry, the participants would not grasp anything that is contained in the plan. The gradual process of making decisions is important because it creates room for the options provided to be analyzed. Besides, dialogue prepares the employees and the other stakeholders to be prepared for the changes that may cause changes regarding how things are done. Likewise, Toyota’s head office has established indicators that are used to dictate when the level of production should be increased and vice versa. Kendra (2009) agrees that this is because the automobile industry is a very dynamic sector and if the vehicles that are manufactured within a specified period are not sold, they will accumulate as dead- stock.Advertising We will write a custom essay sample on Strategic Management: Toyota Japan specifically for you for only $16.05 $11/page Learn More This implies that Toyota must regularly analyze the relationship between demand and supply by referring to its inventory system; this is through lean manufacturing. For instance, when the oil crisis struck in 1973, then it would have been illogical for the company to continue making the big trucks while it was apparent that the market was moving towards a new trend. Apparently, the demand of Toyota Prius is on the increase compared to other models. This argument has been cemented by the financial reports of 2010, which clearly indicate the sales of this particular vehicle model had increased (Micheline, 2010). Possible Causes of Future Changes When referring to strategic management, it is important to understand why the changes come about. The major inhibitor of changes is the environment that businesses exist. This is to say that organizations can be influenced to embrace the changes with the aim of conserving our environment. International organizations are exerting a lot of pres sure on manufacturers to make products using materials that are not harmful to the environment (Johnson Scholes, 2008). As far as this issue of environment is concerned, Toyota has had to adjust itself because there have been numerous awareness campaigns on the importance of eco-friendly products. Toyota therefore realized that if it did not adopt the new trend, it would soon be ejected out of the automobile business. Vehicles have been found to be the most notorious agents of pollution and thus, the manufacturers have been advised to come up with models that emit minimal amounts of carbon (Lynch, 2006). Toyota has already introduced hybrid plug-in vehicles, which are powered by a lithium battery and gasoline simultaneously. This suggests that such vehicles are fuel-efficient and at the same time eco-friendly. This is what the consumers in the automobile industry have been looking for. Toyota has therefore upped its game by integrating the needs of the consumers with their products .Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More It is also obvious that the stiff competition in the automobile industry have also played a major role in inducing Toyota to employ a strategic plan. Chester (2004) points out that other companies like Ford are also making fuel-efficient vehicles besides Nissan and Honda brands. In business world, an organization must be on the look out to spot the emerging trends or risk being left out. Strategic management is purely driven by speculations because most people might think that Toyota is overreacting, but then if this company was to sit back and wait for the day when the demand for electric vehicles will swell, then it is bound to fail in its mission. This is because opportunities tend to favor the entities that are more crafty and prepared. In fact, this period is used to evaluate Toyota’s preparedness in handling the changes. This is because the company needs to be certain that the plans will work in its favor. However, it is important to have a backup plan because other cha nges could occur and hinder the realization of an organization’s mission (Dess Allan, 2006). For instance, the recent earthquake has greatly affected Toyota’s branch in Japan. This latest development reveals that humankind has no control over nature and thus backup plans should be put in place to ensure organizational goals are realized. There is a common phrase at Toyota that puts its managers under obligation to familiarize themselves with the situations as they unfold. This requires them to spend ample time with the employees. This is thought as the surest way of ensuring that all stakeholders are committed to the success of the organization. Competitive Positioning Toyota is completely committed to improving the quality of its products, but this initiative has cost the corporation a lot of money because the vehicles that are eco-friendly require more resources to manufacture. However, Vlasic and Fackler (2008) state that the situation is expected to remedy itself, as more customers purchase the new breed of vehicles. Among the changes incorporated lately, include the making of automobile engines that are powered by electricity and gasoline. This has placed Toyota at the top of the rankings compared to similar vehicles that are being manufactured by her competitors such as Ford. This is because Toyota’s models tend to be unique because the other brands that employ the same approach are only powered by electricity. Besides, Toyota has introduced automatic parking systems in its vehicles that are meant to assist Motorists Park their vehicles hustle-free. More features are yet to be incorporated in Toyota models because customers make their choice of a model depending on its specifications (Kendra, 2009). Furthermore, the approach of value improvement has really helped Toyota to reach greater heights. Similarly, the customers of Toyota have responded positively because they are always interested in unique products. Toyota has therefore wo rked had to earn its recognition as a household name. In fact, the government of Japan has acknowledged the progress of Toyota and this has resulted in Toyota being awarded the contract of manufacturing and maintaining the motorcade that is normally used by the mayor. This noble gesture by the government is truly an honor because it acts as an endorsement that will continue to develop the company’s portfolio (Valdes-Dapena, 2010). Other Open opportunities Toyota is looking for other areas that are yet to be exploited. Valdes-Dapena (2010) asserts that the need to diverse has been brought by the speculations that the future markets of vehicles could decline as new technologies continue to be developed in the transport sector. Toyota has already proposed a joint venture with Mitsubishi to manufacture airplanes for regional airlines. This is a smart move because the demand for air transport is increasing and only the entities that will align themselves to the growth of that indu stry will reap the benefits. For Toyota to make it in this venture, it has to observe the possible competitors such as Boeing, identify what is missing in their products, and incorporate the missing concept in its aircraft models. Although Toyota is a mature organization in the automobile industry, that growth is yet to be realized in the new ventures and thus, patience is required for growth to be experienced. Other areas that are potential for exploitation by Toyota include the manufacture of healthcare products such as assistive aids for the disabled (Kendra, 2009). Marketing The strategy employed by an organization in marketing its products is what helps in uplifting the image of its products (Lynch, 2006). Toyota has been able to penetrate the local market through re-branding. According to Micheline (2010), Toyota has managed to thrive in automobile business by developing models that are meant for both low and high-end markets. The success of Toyota would not have been realized if there was no balance between the two markets. The vehicles intended for low-end market have lesser specifications compared to the models intended for high-end markets. The Century Royal is a particular model that is specifically designed for the mayor of Japan. If Toyota were to concentrate on luxury vehicles, its sales would decline gradually because there are more prospects in the low-end market. In addition, Toyota has been using the field events such as motor sports to market itself. The company incorporates its models such as the Lexus in the local races including Formula 3, Super GT, and formula Nippon. Toyota makes money by making the engines of automobiles that participate in these races and uses them as an avenue for advertising itself. Engaging in the races was not enough and thus, another strategy had to be established to ensure the local market for engines remained stable. This entailed developing the models that are appropriate for racing. Besides, more talents had to be developed to ensure that the sport did not run out of talented drivers. This goal was achieved by establishing a program for nurturing drivers into seasoned motor sport drivers. The program is commonly known as TDP (Toyota Young Drivers Program) (Johnson Scholes, 2008). The technological institute was established to act as a reservoir of skills that are needed in this company. Though the initial founders of this initiative are non-existent, the project has served its intended purpose. The talents are derived from learning institutions, such as high schools and other tertiary institutions. The students who demonstrate competitiveness while still in high school are offered scholarship opportunities to enable them pursue further education and thereafter use their skills while working at Toyota Corporation. The initiative is more of a corporate social responsibility program. The program can be used as a succession plan for Toyota because the current crop of employees will one day retire and thus, they will have to be replaced by new skilled employees. Although the programs are expensive, the money is paid back when the trained individuals are absorbed into the company. Likewise, Toyota has its own rugby team known as Verblitz team. This team is sponsored by Toyota and therefore is a medium of marketing. This is done by making the players put on jerseys that are printed with the company logo and emblem. Johnson Scholes (2008) argue that the education programs are not only focused on inspiring upcoming talents, but also the existing employees. This is because the changes in the environment cause their skills to depreciate and thus they need to be regularly updated. As time moves by, the approaches that were once used as solutions cease to be useful and thus, new approaches have to be brought on board and this can only be acquired by investing in continuous learning to promote organizational development. Aspects of Strategic Management Goal Setting Toyota has been able to achieve its organizational goals because it had set the goals from the start. The managers and employees of this corporation are aware of what needs to be done to get to the company’s destiny. The goals are categorized into two: long-term and short-term. Short-term goals take less than five years to be experienced while long-term goals take more than five years. When the company was established the founders had one long-term goal, and it involved setting up a learning institution and in fact the goal took more than twenty years to be realized. Besides, Toyota had short-term goals that included increasing its market share within Japan and beyond its national boarders. This goal was near from being accomplished when the oil crisis struck and temporary goals had to be set (Vlasic Fackler, 2008). Analysis Analysis is another important aspect of strategic management because it enables an organization to get a clear picture of the happenings as they unfold and make t he necessary changes to be able to cope with the challenges (Lynch, 2006). Toyota has been very observant of the situation in the industry. Being analytic has helped Toyota to understand the needs of the customers. There are other companies in Japan that deal with automobiles. These other companies are competitors and Toyota has to analyze their operations and as well as their products. By being analytical, Toyota has been able to identify other opportunities that are yet to be exploited. However, before Toyota decided to venture into other resources it must have analyzed its strengths and weaknesses. This is because if the weaknesses outweighed the strengths then there is no point of venturing into other fields such as aviation, which are more complicated, and very demanding. Strategy Formation According to Dess and Allan (2006), strategic management requires an organization to have a clear vision of future expectations. Toyota has been visionary on the market and that is why it ha s developed options of venturing into other areas. When the options were first drafted, they must have been allocated priorities depending on the availability of resources that are needed to implement the decisions. The electric vehicles were accorded the first priority because the market is changing drastically – unless Toyota evolves with the market, then its products would be rendered useless in the automobile industry. The other options implemented include the development of robots used in the healthcare and entertainment industries. The above stated priorities were implemented because Toyota has the ability and the capacity that is required to implement them. This implies that Toyota has enough work forces skilled in this sector because if there were no skilled personnel, then the idea would have to wait until when the situation was favorable. As stated earlier, the plan of making an aircraft is a long-term goal, but then negotiations are underway and they involve other like-minded entities. Mitsubishi is an appropriate partner in this venture because it also deals with automobiles and therefore the two parties are compatible with each other. Currently, Toyota needs to merge its resources with those of Mitsubishi in order to realize its goals. However, this partnership may not last long because each entity would want to be independent in future (Micheline, 2010). It is therefore certain that there will be a merger between Toyota and Mitsubishi. Toyota has been successful in its mission because it has involved its members who include employees and stakeholders in decision-making processes; this approach must be reflected in its merger with Mitsubishi. Strategy Implementation Once a strategy has been established, an organization needs to embark on the mission of implementing the decisions that are contained in the strategy. Before implementing strategy, an organization must review the available resources just to be sure they are in good shape to deli ver the desired results (Johnson Scholes, 2008). For Toyota to be able to challenge its competitors, it must have upgraded its equipments to meet international standards. The staff at Toyota has been inspired to improve their skills. The availability of skilled personnel has cautioned the company from outsourcing its tasks. The main reason behind Toyota’s success lies under its goal setting strategies. From the look of things, Toyota has all along remained committed to fulfilling its long-term goals. Similarly, other companies in this industry have diverted their initial plans at the onset of challenges. It is this attribute of soldiering on that has enabled Toyota to excel in its ventures. In strategic management, it is important to note that short-term challenges and solutions do not last long, and it is therefore important to focus on long-term solutions. When the environmental and international organizations raised concerns about the amounts of carbon emitted by vehicles , Toyota thought of a solution that could solve the problem entirely. Short-term solutions are very expensive to implement because the processes have to be repeated regularly and they may not work as expected (Dess Allan, 2006). In this regard, Toyota established a production system commonly known as Toyota Production System (TPS).The system is used to manage inventories and in improving the quality of production. By having such a system in place, the company can be certain that there are minimal errors and that the customers only get what they require. When the suppliers of Toyota deliver the raw materials that are to be used in the manufacture of automobiles, the TPS is invoked to evaluate the materials and components needed and discard the others. In fact, this idea was borrowed from a very different field and hence it had to be configured to meet the needs of Toyota. Leadership at Toyota The success of Toyota is owed to its efficient leadership structures. The mangers at Toyota have good working relationships with their employees in their respective departments. This enables the two parties to communicate effectively and thus, move collectively towards a common destiny. This kind of interaction favors teamwork because it strengthens the bondage among employees and their superiors. From another concept, it favors innovation because the employees are free to incorporate their skills into their tasks (Johson Scholes, 2008). In fact, at Toyota, every employee is regarded as his/her own inspector – employees should not wait until the supervisor is physically present to implement a decision when things are not in the right order. This has instilled a strong sense of belonging, which makes employees to work as if they owned the company. Respect is highly emphasized at Toyota and this means that everyone commands respect regardless of his/her position in the company. Conclusion Toyota has emerged as one of the most successful companies in the automobile i ndustry. Having defined goals has helped Toyota to overcome the challenges as opposed to other companies that have resorted to remaining dormant. For the current success to be retained, Toyota must remain focused because the competitors are also designing new models that are intended to compete with those of Toyota, and hence more efforts must be directed towards remaining ahead of the game. Besides, the approaches that have worked in Japan’s branch should be extended to regional offices so that the entire organization can become uniform, such that the images of the other branches reflect the image of the parent branch. References Vlasic, B. and Fackler, M., 2008. Car slump jolts Toyota halting 70yrs of gain. New York Times. [online]. Bremner, B.B. and Dawson, C., 2003. Can anything stop Toyota? An inside look at how its reinventing the auto industry. Business week. November 17. Chester, D., 2004. Lexus: The Relentless pursuit. Singapore: John Wiley Sons. Dess, G. L. and Ala n, B. E., 2006. Strategic Management: Text and Cases. Boston: McGraw-Hill Irwin. Johnson, G. and Scholes, K., 2008. Exploring Corporate Strategy. 8th ed. London: Prentice Hall. Kendra, M., 2009. Toyota passes GM as world’s largest automaker. The Washington Post. January 22. Lynch, R. (2006), Corporate Strategy. 4th ed. London: Prentice Hall. Micheline, M., 2010. Toyota pays its $16.4 million fine over pedals. The New York Times. [online]. Valdes-Dapena, P., 2010. Witnesses: Toyota problems could be electronics. CNN. [online]. This essay on Strategic Management: Toyota Japan was written and submitted by user Leonel Daniels to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.