On the other hand, government play the role of savior. For example, the government bailout policy: in 2009, Toyota was require for emergency loan from the Japan Bank, with the amount of more than 3 billion US dollars. The purpose of the emergency loan is to dealing with cash flow problem or some other cases.
Economic
The People's Republic of China is the second biggest economy in the world (first is United States), and it is world's fastest-growing economy as well with annual economic growth averaging nearly 9% over the last three decade. The role of China in the world are "the factory of the world", because China provides a cheap labour cost, and low cost base for export-oriented production.
The major advantage of Toyota is the strong cash position. However, if compare with GM, Toyota still existed weak credit ratings, rising health-care and pension costs, and losses in its automotive division. Toyota expects through use its strong cash position to expanding all over the world increase its commitment to R&D.
Social
The population of China is beyond one billion, it is a largest country in the world by population. The households size: 3.1, total households in China were 351,233,698, as we know the Toyota segmenting group is Households, usually, this group of people in China have middle or upper of income level with good education background age around 25 to 65.
Technological
The Toyota product line consist of: Electric technology, Plug-in hybrids, All-electric vehicles, Cars, Pickup trucks, Luxury-type vehicles. Toyota is one of largest automobile companies to promote hybrid vehicles in the market. Beside the production lineup, there are have one more important factor able to shapes technology adoption at Toyota plants, which are governments foreign investments control power. The business in China, Chinese government controls type of technological standards on firms operating in the country.
The impact of globalization on Toyota.
Operating in global market is a challenge for Toyota. Even though the globalization created unlimited opportunities for Toyota, but the adverse affect should not be ignored.
The impact of exchange rates on Toyota.
The currency exchange rates are very powerful can affect trade investment, finance, tourism, oversea economic transactions, import and export prices of goods and services.
Toyota attaches great importance to the fluctuation in foreign currency exchange rates and this is particularly evident in fluctuation between the value of the Japanese yen, the U.S. dollar, Chinese Yuan, and the euro. The negative impact resulting from fluctuation in foreign currency exchange rates may affect Toyota's global performance.
The following table illustrates Japanese yen per $1.00 during the periods display
Fiscal Year Ended or Ending March 31.
On the other hand, government play the role of savior. For example, the government bailout policy: in 2009, Toyota was require for emergency loan from the Japan Bank, with the amount of more than 3 billion US dollars. The purpose of the emergency loan is to dealing with cash flow problem or some other cases.
Economic
The People's Republic of China is the second biggest economy in the world (first is United States), and it is world's fastest-growing economy as well with annual economic growth averaging nearly 9% over the last three decade. The role of China in the world are "the factory of the world", because China provides a cheap labour cost, and low cost base for export-oriented production.
The major advantage of Toyota is the strong cash position. However, if compare with GM, Toyota still existed weak credit ratings, rising health-care and pension costs, and losses in its automotive division. Toyota expects through use its strong cash position to expanding all over the world increase its commitment to R&D.
Social
The population of China is beyond one billion, it is a largest country in the world by population. The households size: 3.1, total households in China were 351,233,698, as we know the Toyota segmenting group is Households, usually, this group of people in China have middle or upper of income level with good education background age around 25 to 65.
Technological
The Toyota product line consist of: Electric technology, Plug-in hybrids, All-electric vehicles, Cars, Pickup trucks, Luxury-type vehicles. Toyota is one of largest automobile companies to promote hybrid vehicles in the market. Beside the production lineup, there are have one more important factor able to shapes technology adoption at Toyota plants, which are governments foreign investments control power. The business in China, Chinese government controls type of technological standards on firms operating in the country.
The impact of globalization on Toyota.
Operating in global market is a challenge for Toyota. Even though the globalization created unlimited opportunities for Toyota, but the adverse affect should not be ignored.
The impact of exchange rates on Toyota.
The currency exchange rates are very powerful can affect trade investment, finance, tourism, oversea economic transactions, import and export prices of goods and services.
Toyota attaches great importance to the fluctuation in foreign currency exchange rates and this is particularly evident in fluctuation between the value of the Japanese yen, the U.S. dollar, Chinese Yuan, and the euro. The negative impact resulting from fluctuation in foreign currency exchange rates may affect Toyota's global performance.
The following table illustrates Japanese yen per $1.00 during the periods display
Fiscal Year Ended or Ending March 31.
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