Thursday, February 20, 2020
Toyota Final Simulation Bus310 Essay Example | Topics and Well Written Essays - 750 words
Toyota Final Simulation Bus310 - Essay Example Here, the case study puts emphasis on the three organizational environments and how each contributed to the technological development. The success of every organization is highly dependent on such an organizationââ¬â¢s resource composition and how best they mobilize those internal resources. The invention of the simulator portrays Toyota as an organization which mobilizes its internal resources: finances, natural and human resources to better satisfy their customers (Liker & Meier, 2006). With the final simulation at hand, it is predictable that Toyota is destined to gain a huge internal environmental support since, whenever an organization comes up with a new landmark invention; such an organization is always motivated to do even more. A motivated human resource, for instance, is always characterized by creativity and innovation as well as working towards the achievement of the organizational goals. Toyota is one organization that can highly be credited for how it has matched its internal environment to its external environment. The near external environment is always characterized with those factors that an organization has little influence over as opposed to the internal resources (Liker & Meier, 2006). The vital factors in the near external environment include the customers and the suppliers whose contributions are essential to the success of any organization. For most entrepreneurs, it is the customers and the suppliers that a company should hold dear to their activities. It is very logical that an organization that does not pay attention to their customers have no future. In coming up with the perfect simulator, it is predictable that Toyota fully exploited their near external environment. The customers for instance influence a huge amount of organizational decisions depend highly on the feedback such an organization gets from its customers. In fully implementing the driving simulation technology, it is
Wednesday, February 5, 2020
Exam questions Essay Example | Topics and Well Written Essays - 1250 words
Exam questions - Essay Example Each division in the larger firm is responsible for the maximisation of its profits and production. The central office overlooks the other divisions with the primary responsibility for formulating the overall strategy for the entire business but not directly controlling the operations at the divisional levels. Large firms have adopted the M-form as opposed to the traditional Unitary structure (U-form) in which the operations of the business are centrally managed with no independence given to any sub-division. While Chandlerââ¬â¢s multidivisional form advocates for growth through diversification across industries, markets and products, Williamsonââ¬â¢s M-form does not make any reference to diversification. The multidivisional form explained by Chandler supports the delegation of complete power and authority to the divisions while that of Williamson is for the retention of control by the management at the major company. The advantage of the M-form over other divisional structures is based on its ability to combine the economies of scale and different brand benefits of a large collection while maintaining the operational flexibility. It provides the central optimisation level within a company (Besanko, 2010). Unlike other divisional structures, the M-form solves the dilemma of the differences observable in profit maximisation strategies, business needs, and output across the divisions when organisations grow to be too large. Each group, with its independence and flexibility, can be kept in the centralised profit maximisation expectation. Williamson proposes a perfect coordination between the general direction of the business and the daily operations of the divisions under the M-form structure. However, there lies a limitation on the wide adoption of the M-form that arises from Williamsonââ¬â¢s requirements for this divisional structure. The largest
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