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Business Environment Assignment Scribd

 

Business Environment 

Page 1

Contents

Identification of the purposes of different types of Organization

 .................................................... 3

Description of the extent to which an organization meets the objectives of different stakeholders

 ................................................................................................................................................ 4

Explanation of the responsibilities of an organization and the strategies employed to meet them

 ............................................................................................................................................................. 5

Explanation of how economic systems attempt to allocate resources effectively

 ........................ 8

Assesment of the impact of fiscal and monetory policy on business organizations and their activities

 ...................................................................................................................................................... 9

Evaluation of the impact of competition policy and other regulatory mechanisms on the activities of a selected organization

 .................................................................................................... 10

Explanation of how market structures determine pricing and output decisions of businesses

 .................................................................................................................................................................

11

Illustrations of the way in which market forces shape organizational responses

 ........................ 12

Judgment on how business and cultural environments shape the behaviour of a selected organization

 .............................................................................................................................................. 13

Discussion of the significance of international trade to U.K. business organizations

 ................. 15

Analysis of the impact of global factors on U.K. business organizations

 ....................................... 15

Evaluation of the impact of European Union policies on U.K. business organizations

 ................ 17

References

 ............................................................................................................................................... 117

 

2

INTRODUCTION

My aim in writing this assignment is to delve into the subject of 

 Business Environment 

anddescribe its key functions. I have chosen to research and submit my findings based on thecompany

Toyota Motor Corporation

,

and look into ways in which the subjects covered inthis assignment apply to this corporation.

A BREIF OVERVIEW OF TOYOTA MOTOR CORPORATIONToyota Motor Corporation

commonly known simply as

Toyota

andabbreviated as

TMC

,

is a Japanese multinational corporationheadquartered in Toyota

,

Aichi

,

Japan. In 2009

,

Toyota Motor Corporation employed 71

,

116 people worldwide (total Toyota 320

,8

0

8)

.TMC is the world's largest automobile manufacturer by sales and production.The company was founded by Kiichiro Toyoda in 1937 as a spinoff from hisfather's company Toyota Industries to create automobiles. Three years earlier 

,

in 1934

,

while still a department of Toyota Industries

,

it created its first product

,

the Type A engine

,

and

,

in 1936

,

its first passenger car 

,

the ToyotaAA. Toyota Motor Corporation group companies are Toyota (including theScion brand

),

Lexus

,

Daihatsu and Hino Motors

,

along with several "non-automotive" companies.

TMC is part of the Toyota Group

,

one of the largestconglomerates in the world.Toyota Motor Corporation is headquartered in Toyota City

,

Aichi and in Tokyo.

In additionto manufacturing automobiles

,

Toyota provides financial services through its ToyotaFinancial Services division and also builds robots.

A BRIEF HISTORY

Toyota started in 1933 as a division of Toyoda Automatic Loom Works devoted to the production of automobiles under the direction of the founder's son

,

Kiichiro Toyoda.

Its firstvehicles were the A1passenger car and the G1 in 1935. Toyota Motor Co. was established asan independent company in 1937.

There would hardly b anyone thatdoes not recognize this logo!

Kichiiro Toyoda

,

The face behind the fame

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