Management Strategy Essay Example | Topics and Well Written Essays - 2500 words - 1

oversight Strategy - Essay ExampleIt is also through this mission statement that Toyota was able to focus withal more in the U.S., its old market and where it gets its high portion of sales and market sh atomic number 18. In fact, centering in the U.S. market was never been a mistake considering that the U.S. is one of the most influential countries in the realness when it comes to setting various trends in economics and politics in general. Toyota sales were set uping in this state and in fact, Toyota was heading on to even more wider expansion just even as it continues to grow in popularity and acceptance around the populace.However, amidst global economic recession, and despite the fact that this strongly caused strong disallow impact to every automaker around the dry land, Toyota is not accustomed to experience them. To wit, Toyotas experienced troubles are the following (Flint, 2009)In 2007, Toyota was able to sell 9.37 million gondolas world wide, an indicator that it was then making discover well. In fact, it made profits of $2.27 billion beating the General Motors as the worlds largest car maker as of the form 2007 (japanese frugality hitting record lows, 2008). However, it had an operating loss almost $5 billion in 2008 (Flint, 2009).In the last quarter of 2008, the Japanese exports dropped by $60 billion as a result of a rising Yen making cars and electrical goods expensive overseas (Japanese economy hitting record lows, 2008). This made its sales in its biggest market, the USA suffered. Based on last years sales, its sales was down 38% in the U.S., 20% in Canada, 30% in Japan and 18% in Europe (Flint, 2009).Toyota has never been accustomed to failures considering that the automotive industry where it belongs identifies it as one of the worlds largest automotive producers which aims to promote quality products in an international scale by making the worlds one of the greatest markets a target, the United States of America. Toyota is also known as the Japanese heavyweight because it is the leading