Toyota Motor Corporation is a Japanese Multinational Company which was initiated on 28th of August 1937. It is headquartered in Aichi of Japan and currently employs approximately 300,000 employees across the globe. Over the years, they have evolved into one of the most trusted companies in the world which allowed them to become the 2nd largest automobile manufacturer with regards to their volume. Apart from this, they are also the 9th largest company with respect to the revenue generated by them. In the year 2012, they also achieved a remarkable feat by reportedly producing their 200 millionth vehicles. The success ...
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Figure 1 Generated and Projected Revenue from global automobile industry 6
Figure 2 Total Revenue and Net Profit after Tax of Toyota in Australia during 2008-2013 7
Figure 3 Total Revenue and Net Profit after Tax of Mitsubishi in Australia during 2009-2014 9
Figure 4 Total Revenue and Net Profit after Tax of Hyundai in Australia during 2008-2013 10
International Business Management: Global Operation of Toyota, Mitsubishi and Hyundai
Forewords
International business management refers to the strategies and approaches adopted to further the cause of business development on a global basis. Strategies may encompass the corporate strategy, organizational design, and supply chain structure of the industry. ...