Essay: Toyota’s Financial Information
Access to Toyota’s financial information is not a challenge because most of this information is readily available from its financial services website. The other information which will not be accessed will be got from the management of one of the firms here in my country. It will also be easy to get information about marketing, internal operations, strategy, and management systems of Toyota from the website. Through the short interview with the management, it will be easy to get some of the responses to my area of study, whether the mission helps build or break the firm.
There are three objectives which can be proposed since they will be able to improve the financial position of the firm for they are directly related to the mission. One of this is the motivation of the employees which after it is done; it will encourage the employees to feel encouraged to work. Further, it will enable the employees produce the quality of products expected of them thus increasing sales revenue and hence help meet the mission. The goals of the investors should be incorporated in the mission statement and thus encourage the investors feel encouraged to invest increasing the working capital, production and eventually sales. The third objective will be creating value for shareholders. This will ensure revenue growth and maximize production.