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Wednesday, February 11, 2009

What can Toyota do?








Toyota meets some problems.
Let's see what can Toyota do?
1)Reduce production, stock falls. The marckedt has over capacity by reducig production costs(labour, materials)are reduced.
2) Create a new hybrid. (electric and petrol)car. This will attract customers as running from costs over cheaper. There is a competition based on quality from general motors (Battery prondes, more energy and has a longer life cycle).
3) Ask the government for subsidies, this would compare cash flow and reduce costs os investment.
4) New market. (Ansoff matrix)
5) New products, e.g. a flying car.
6) Close plants, e.g. truck companies.
7) Establish the emergency profit improvement committee.
8) Manager's bonuse.
9) Reduce workforce.
10) Reduce hours.
11)Reduce payment.
12) Sell of part or all the company.
13) Drop price.
14) Use Toyota brand to make other products(high quality).

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