Professional Documents
Culture Documents
AT
TOYOTA
SUBMITTED BY
K MANIKANTH REDDY
Roll No.:201218684095
Further, I state that this project work is the result of my own efforts
and has not been submitted earlier to any institution or university for the award
of any degree.
K MANIKANTH REDDY
ROLL NO: 201218684095
ACKNOWLEDGEMENT
I express my whole hearted thanks to all my family members and friends for their support and
encouragement.
K MANIKANTH REDDY
Roll No: 201218684095
ABSTRACT
Toyota Motor Corporation competes in the automotive industry. The past five
years were tumultuous for automobile manufacturers.
1 CHAPTER-1
INTRODUCTION, NEED OF STUDY,
OBJECTIVES , SCOPE, RESEARCH
METHODOLOGY,LIMITATIONS OF STUDY.
2 CHAPTER-2
PROFILE REVIEW OF LITERATURE,
THEORETICAL CONCEPT.
3 CHAPTER-3
PROFILE OF COMPANY AND INDUSTRY.
4 CHAPTER-4
DATA ANALYSIS AND INTERPRETATION.
5 CHAPTER-5
FINDINGS,SUGGESTIONS, CONCLUSIONS,
ANNEXURE, QUESTIONNARE, BIBLOGRAPHY
CHAPTER-1
INTRODUCTION:
A sale is finished by the vendor or the proprietor of the products. It begins with
consent (or assention) to a securing or allocation or demand took after by the
passing of title (property or ownership) in the thing and the application and due
settlement of a value, the douche of or any claim upon the thing. The buyer,
however a gathering to the sale does not execute the sale, just the merchant does
that. To be correct the sale completes before the payment and offers rise to the
dedication of payment. If the shipper completes the underlying two above stages
(consent and passing ownership) of the sale going before settlement of the
esteem, the sale is so far authentic and offers climb to a promise to pay.
Scholastically, offering is thought of as a piece of promoting, be that as it may,
the two controls are totally unique. A sale regularly frames a different gathering
in a corporate structure, utilizing separate expert agents known as salespeople.
Offering is considered by many to be a kind of convincing "craftsmanship".
At the point when both the merchant and the purchaser play out their separate
obligations by tolerating the over 4 components of a legitimate sale, one can
state that sale is executed
1. Absence of ownership: one can't possess and store an service like you can
an item. Services are utilized or contracted for a particular timeframe.
2. Immaterialness: one can't hold or touch an service not at all like an item.
In saying that in spite of the fact that services are impalpable, the
fulfillment buyers acquire directly affect the sales of the organization.
OBJECTIVES:
The scope of the study is confronted to the sales and services delivered by
TOYOTA
The source of information for this study is based on the information provided by
the Regional Managers of TOYOTA for both Sales& service.
RESEARCH METHODOLOGY:
The information is collected from the employees of TOYOTA and its valuable
customers, questionnaires were used to collect the primary data from the
customers.
Sample Size
The sample size of the study undertaken is 50 customers from the city.
Data Collection
There are different strategies accessible for information accumulation, for the
investigation the technique utilized are Primary information and Secondary
information:
1. Primary information or data : primary information is unique information
assembled from the representatives of TOYOTA and its regarded customers
particularly on the venture.
2. Secondary information or data : secondary information alludes to
information which is as of now accessible i.e. from diaries, news papers and
periodicals.
In this investigation coordinated technique for study was done to gather the
primary information and it is observed to be the best to gather the information.
Statistical Techniques
Bar graphs and Pie diagrams are utilized to investigate the information and to
land at conclusions.
LIMITATIONS OF THE STUDY:
Each exertion and care has been taken to beat the confinements and to make the
investigation valuable.
Following are the confinement recorded underneath:
1.Human conduct is excessively perplexing, making it impossible to decide. So
the data uncovered by them may not be exceptionally exact.
2. The study does exclude a lot of monetary parts of TOYOTA as it would
prompt higher volume of study.
3. The size of test study was 50 customers.
4. It may be conceivable that the appropriate responses given by the respondents
are loaded with biasness.
5. The sales and service organizer of the organization couldn't givequite a bit of
his opportunity and decline to give adequate data.
CHAPTER-2
REVIEW OF LITERATURE:
REVIEW-1
Published: August 28, 1937
Toyota is (or was at the time) the low cost producer in the industry. Toyota
achieves its cost leadership strategy by adopting lean production, careful choice
and control of suppliers, efficient distribution, and low servicing costs from a
quality product.”(Michael E. Porter) This quote from Michael Porter sums up
how Toyota achieves this low cost strategy. Through research, it is evident that
Toyota is still the low cost leader in the automotive industry.
at all times
There are 48 English books on Toyota, 12 were published during the 1980s, 17
during the 1990s, 9 from 2001 to 2005, and 10 from 2006 to 2007. Half of these
focused on the Toyota Production System.
Numbers in parenthesis reflect the number of books that focus on the Toyota
Production System.
The keyword "Toyota" was used to search for book titles registered in the
Library of Congress (United States), the British Library (U.K.)
The word automobile comes, via the French automobile, from the Ancient
Greek word ατός (ὐautós, "self") and the Latin mobilis ("movable"); meaning a
vehicle that moves itself, rather than being pulled or pushed by a separate
animal or another vehicle. The alternative name car is believed to originate from
the Latin word carrus or carrum ("wheeled vehicle"), or the Middle English
word carre (" cart ") (from Old North French ),or from the Gaulish word karros
(a Gallic Chariot ).
CHAPTER-3
INDUSTRY PROFILE
PREVIEW OF AUTOMOBILE INDUSTRY:
1960 - 1970 - The two, three wheeler industries established a foothold in the
Indian scenario.
1970 - 1980 - Not much change was witnessed during this period. The major
factors affecting the industry were the implementation of the MRTP Act
(Monopolies and Restrictive Trade Practices Act), FERA (Foreign Exchange
Regulation Act) and the Oil Shock of 1973.
1980 - 1990 - The first phase of liberalization was announced by the Govt. -
With the liberalization of the Government's protectionist policies, the
advantages hitherto enjoyed by the Indian car manufacturers like monopoly,
oligopoly, slowly began to disappear.
1991 - Under the Govt.'s new National Industrial Policy, the license raj was
dispensed with, and the automobile industries were allowed to expand freely.
1993 - With the winds of liberalization sweeping the Indian car market, many
multinationals like Daewoo, Peugeot, general Motors, Mercedes-Benz and Fiat
came into the Indian car market.
1997 - The National Highway Policy was announced which will hopefully have
a positive impact on the automobile industry. The Government also laid down
the emission standards to be met by car manufacturers in India in the coming
millennium. There were two successively stringent emission levels to be met by
April 2000 and April 2005, respectively. These norms were benchmarked on the
basis of those already adopted in Europe, hence the names Euro I (equivalent to
India 2000) and the Indian equivalent of Euro II.
1999 - The Hon’ble Supreme Court passed an order directing all car
manufacturers to comply with Euro I emission norms (India 2000 norms) by the
1st of May, 1999 in National Capital Region(NCR) of Delhi. The deadline was
later extended to 1st June, 1999
2004 - Tata Motors becomes the first Indian auto company to be listed on the
New York Stock Exchange.
The largest player in the Indian industry. Plans to launch new and excit
products in the Indian markets, including the ‘100,000’ car
Monozukuri and the Cycle of Nature... Toyota's World View and Our
Mission
Based on the basic philosophies of jidoka and Just-in-Time, the TPS can
efficiently and quickly produce vehicles of sound quality, one at a time, that
fully satisfy customer requirements.
STRENGTHS
1. Recalls: Although Toyota sets the standards for quality control, its design and
production aren’t flawless.
2. Strikes: Adhering to strict quality control standards while maintaining high
productivity and profitability at times puts the management at odds with the labor.
3. Rigid Hierarchy: Toyota follows a rigid hierarchy where the orders flow in one
direction – top to bottom.
Opportunities
THREATS
1. Brexit: With just days for the UK to negotiate a trade deal with the EU, a no-deal
Brexit would add 10% to the cost of imported cars.
2. Trailing Tesla: Toyota may be one of the largest car manufacturers in the world.
3. COVID-19 Restrictions: Japan, the USA, and Europe account for 66% of Toyota’s
sales.
CHAPTER-4
DATA ANALYSIS
1. This Show room has modern looking equipment and fixtures?
TABLE 1
MALE 4 8 12 22 12
FEMALE 4 2 14 18 4
TOTAL 8 10 26 40 16
GRAPH 1
45
40
35
30 MALE
25
FEMALE
20
15 TOTAL
10
5
0
EE
EE
AL
EE
EE
AG %
EU %
AG %
AG %
%
R
R
TR
R
AG
IS
IS
ST
SW
N
D
D
SW
ST
Interpretation
From the above data it was found that, 4 male and 4 female are strongly disagreed with
modern looking neutral in their opinion respondents are some what agree.12 male and 4
female are strongly agree with the modern furniture and equipment., 22male and 18 female
equipment and fixtures,8 male and 2 female are some what disagree, 12 male and 14 female
respondents .
2. The Physical facilities at this Show room are visually appealing?
TABLE 2
MALE 4 10 10 17 8
FEMALE 0 2 14 23 12
TOTAL 4 12 24 40 20
GRAPH 2
45
40
35
30 MALE
25
FEMALE
20
15 TOTAL
10
5
0
EE
EE
AL
EE
EE
AG %
EU %
AG %
AG %
%
R
TR
R
R
AG
IS
IS
ST
SW
N
D
D
ST
SW
Interpretation
From the table it is evident that 40of the respondents are of the opinion that they are some
what satisfied with visibility, and 20 of the sample respondents said they strongly agree.
However, 24 of the sample collected are neutral with the appealing of physical facilities. 12
of the sample respondents said they some what disagree and only 4 of the sample respondents
said they strongly disagree with visibility. From the above
TABLE 3
FEMA
L 0 0 10 0.10 16 0.16 11 0.11 10 0.10
TOTAL 4 12 32 30 22
GRAPH 3
35
30
25
MALE
20
FEMALE
15
TOTAL
10
5
0
EE
EE
AL
EE
EE
AG %
EU %
AG %
AG %
%
R
R
TR
R
R
AG
IS
IS
ST
SW
N
D
D
ST
SW
Interpretation
From the table it is evident that 32 of the respondents are of the opinion that they are
neutral to move around the Show room, and 22 of the sample respondents said they strongly
agree. However, 30 of the sample collected are some what agreed. However only 12 of the
people some what disagree and 4 of the respondents strongly disagree.
TABLE 4
MALE 0 8 9 22 16
FEMALE 2 4 9 16 14
TOTAL 2 12 18 38 30
GRAPH 4
Interpretation
From the table it is evident that 38 of the respondent’s opinion that they are some what
satisfied with knowledge of employees, and 30 of the sample respondents said they strongly
agree. However, only 18 of the sample respondents are Neutral with the knowledge of
employees. However12 of the sample respondents said they somewhat disagree and 2 of the
respondents strongly disagree. From the above analysis we can say that majority of the
sample respondents are in agreed with the Employees have knowledge to answer Customers
question.
5. The behavior of employees in this Show room instills confidence in
Customers?
TABLE 5
MALE 0 4 18 30 6
FEMALE 2 6 14 10 10
TOTAL 2 10 32 40 16
GRAPH 5
45
40
35
30 MALE
25
FEMALE
20
15 TOTAL
10
5
0
Interpretation
From the table it is evident that 40 of the respondents are of the opinion that they are
some what satisfied with employee’s behavior, and 32 of the sample respondents said they
strongly agree. However, only 16of the sample collected is strongly agreeing with the
behavior of employees, and 10 of the people are some what agree and 2 of the people are
strongly disagreeing. From the above analysis we can say that majority of the sample
respondents are in agreed with the behavior of the employees in this Show room instill
confidence in Customers.
6. Employees in this Show room give prompt service to Customers?
TABLE 6
Some
Strongly what Somewhat Strogly
Gender disagree disagree Neutral agree agree
Male 0 12 12 20 10
Female 2 4 12 16 12
TOTAL 2 16 24 36 22
GRAPH 6
40
35
30
25 MALE
20 FEMALE
15 TOTAL
10
5
0
From the table it is evident that 36 of the respondents are of the opinion that they are
some what satisfied with employees give prompt service, and 22 of the sample respondents
said they strongly agree. However, only 24 of the sample collected are Neutral with the
behavior of employees. And 16 of the people are some what agree and 2 of the people are
strongly disagreed. From the above analysis we can say that majority of the sample
respondents are in agreement with the employees in the Show room give prompt service to
Customers.
7. This Show room gives Customers individual attention?.
TABLE 7
MALE 4 8 20 10 12
FEMALE 2 16 12 12 4
TOTAL 6 24 32 22 16
GRAPH 7
35
30
25
MALE
20
FEMALE
15
TOTAL
10
5
0
Table7: reveals Customer’s opinions on the Show room give Customers individual attention.
Interpretation
From the table it is evident that 32 of the respondents are of the opinion that they are
neutral with Show room gives Customers individual attention, and 22 of the sample
respondents said they somewhat agreed. However, only 16of the sample collected is strongly
agreed and 24 of the people are some what disagree and 2 of the people are strongly
disagreed. From the above analysis we can say that majority of the sample respondents are
said this Show room gives Customer’s individual attention.
8. When a Customer has a problem, this Show room shows a sincere interest in solving it?.
TABLE 8
MALE 8 0 11 22 12
FEMALE 4 6 15 20 2
TOTAL 12 6 26 42 14
GRAPH 8
45
40
35
30 MALE
25
FEMALE
20
15 TOTAL
10
5
0
Interpretation
From the table it is evident that 42 of the respondents are of the opinion that they are
somewhat agree with Show room gives sincere interest in Customers problem, and 26 of the
sample respondents said they neutral. However, only 14of the sample collected is strongly
agreed and 6 of the people are some what disagree and 12 of the people are strongly
disagreed. From the above analysis we can say that majority of the sample respondents are
agree with this Show room shows a sincere interest in solving Customers problem.
9. This Show room provides plenty of convenient parking to all their Customers?
TABLE 9
MALE 6 8 12 14 14
FEMALE 10 12 8 10 6
TOTAL 16 20 20 24 20
GRAPH 9
30
25
20 MALE
15 FEMALE
10 TOTAL
5
0
Interpretation
From the table it is evident that 24 of the respondents are of the opinion that they are
somewhat agree with Show room gives Customers parking problem, and 20 of the sample
respondents said they neutral. However, only 20 of the sample collected are strongly agreed
and 20 of the people are some what disagree and 16of the people are strongly disagree. From
the above analysis we can say that majority of the sample respondents are agree that this
Show room has a plenty of space for parking.
10. This Show room has operating hours convenient to all their Customers?
TABLE 10
Male 2 6 12 12 30
Female 2 6 10 10 20
4 12 22 22 50
.GRAPH 10
60
50
40 MALE
30 FEMALE
20 TOTAL
10
0
Table10: reveals Customer’s opinions on the operating hours of this Show room convenient
to all their Customers
Interpretation
From the table it is evident that 50 of the respondents are of the opinion that they are
strongly agree with Show room operating hours, and 22of the sample respondents said they
some what agree. However, only 22of the sample collected is neutral and 12 of the people are
some what disagree and 4 of the people are strongly disagreed. From the above analysis we
can say that majority of the people said that they are strongly agree with the operating hours
of this Show room convenient to all their Customers.
CHAPTER-5
FINDINGS:
Customer's first decision is TOYOTA which they consider as the best of the products
to be picked among the decisions. In this manner, the execution goes upto 52% which
is more then half than alternate choices specified. Xerox and Dell are the adherents by
28% and 20% separately.
The organization turns out with different offers and rebates on its whole scope of
products. The organization has its own particular reasons and thought processes to
present offers and rebates on its products. Use of sales promotion maturing stock
liquidation are the two primary reason of the organization to think of offers and
rebates which takes measure up to share of 40% each. Ruin of sales when the
organization faces ti fates period is likewise the motivation to turn out with offer and
markdown. Such offers and rebates are of 20%.
Service is among one reason, holds up the customers of the organization. HP gives the
best support of its customers. In this way, it takes up 60% of share in correlation with
the other two brands, i.e. Xerox 25% and Samsung 15%.
The organization needs to confront numerous unexpected conditions for which, price
variety/changes is basic thing to be taken note. 65% of price changes is because of
Dollar thankfulness or censures. Diminishing price is a critical strategy to be seen by
an organization to increment or use its sales
The organization needs to give its customers top notch benefit keeping in mind the
end goal to hold its generosity and to hold up customers. Far reaching guarantee on
work/parts/nearby is of 60% which the organization gives. Making an interpretation
of standards into practice30% and operational magnificence 10% are in progression
Each product has its help benefit division HP has its own particular arrangement of
product bolster benefit division. It has portable PCs which is upto 45% of aggregate
share, Printers likewise goes upto 40%,whereas, plotters stamp upto 15% as it were.
On an entire product bolster benefit division finishes the aggregate scope of an
organization.
SUGGESTIONS
CONCLUSION
TOYOTA The world's biggest organization which works about in each nation. An
organization with a high development potential in market. Hp is the 6th biggest
programming organization on the planet by taking a close to 3.9% market share lead
in correlation with Dell.
The study which went for discovering the market shares of HP plotters, imaging
products and a few other registering gadgets for individual and expert utilize. It was
discovered that for the most part association incline toward the Hp plotters and
printers in light of the fact that the service, offices of MFD (Multi working gadget),
control sparing and finest quality. Therefore as a result of its enhanced framework
usefulness and enhanced operational effectiveness HP remains at No.1 position.
Marketing: William G. Zikmund and Micheln D Amico South West publishing Company,
fourth Edition, 1993.
Research Methodology: C.R Kothari Wishwa Prakashan, Second
Edition, 1990.
LINKS:
www.toyota.com.