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A Business Ethics Implementation on Worldwide Company
Group One Reza Aryabima ( 1040000466 ) Sutji Rahmatianur F ( 1040000112 ) Karim Taruna ( 1040000056 )
Australia. the type A engine and the first passenger prototype car A1 August 27 1937 Toyota Motor Corporation ( TMC) was established as an independent and separate company in Japan. Toyota Motor Sales Corporation was established.BACKGROUND September. 1960 Expand a new research and development facility. and built a partnership with Hino motors and Daihatsu. 1933 Found by Kiichiro Toyoda and Was build as a division of Toyoda Automotic Loom Works 1934 Created first product. and developed a new prototype car Land Cruiser which sell and expand to North America. April 1963 The first Toyota offices and stores was build at Port Melbourne. A presence in Thailand was established and the ten million model was produced. . 1950 A separte sales company.
BACKGROUND Toyota Worldwide Key people Fujio Cho (Chairman and Representative Director) Katsuaki Watanabe (Vice chairman and Representative Director) Akio Toyoda (President and Representative Director) Shoichiro Toyoda (Honorary Chairman) Type of Industry : Automotive Robotics Financial Services Biotechnolgy Products : Luxury Vehicles / Automobiles Economy / Financial Services .
Toyota faces the prospect of billions of dollars in charges and operating losses Toyota Motor Corp. which can lead to sudden acceleration problems Having already halted sales and production of eight of its top-selling cars in the United States and recalled more than 9 million cars worldwide. which is tricky business indeed . Toyota s Announced the technical fix for its sticky gas pedal.Issues and Challenges In January 2010. By having the recalled program. must maintain a good corporate reputation in the 21st century.
Indiana Who s to blame? TOYOTA or CTS .Ethical Dilemmas Cost vs Credibility? The offending gas pedal assembly was made for Toyota by a company called CTS of Elkhardt.
Toyota announced its intention to recall approximately 2.The Action On January 21.3 million select Toyota Division vehicles equipped with a specific pedal assembly and suspended sales of the eight models involved in the recall on January 26: Certain 2009-2010 RAV4 Certain 2009-2010 Corolla 2009-2010 Matrix 2005-2010 Avalon Certain 2007-2010 Camry Certain 2010 Highlander 2007-2010 Tundra 2008-2010 Sequoia .
The Aftermath A precision-cut steel reinforcement bar will be installed into the assembly that will reduce the surface tension between the friction shoe and the adjoining surface The company has confirmed the effectiveness of the newly reinforced pedals through rigorous testing on pedal assemblies that had previously shown a tendency to stick .
Toyota Sales .
Aggressive growth can create unmanageable risk 2.Conclusion 1. Your supply chain is only as strong as your weakness link . Get the facts quickly and manage your risks aggressively 3.