Wednesday, February 26, 2020

Toyota Motor Essay Example | Topics and Well Written Essays - 1750 words

Toyota Motor - Essay Example As per the figures available, TMEM had complied with its market demands in 2000 by importing 76 % of the automobile spares from the Japanese plants and assembling them in its European plants. For the next fiscal year, the company reported operating losses of JPY 9.897 billions. The main problem TMEM faced here was simple but peculiar. As the euro was continuously trekking down, except for a few occasions, the revenues in shape of euros did not equal to the expenditure figures when converted into JPY. This cycle repeated all over for three years since the inception of TMEM pushing itself into losses. In addition to these conversion losses, the Japanese subsidiary had to contend with reduced margins on sales in an atmosphere abetted by cut throat competition from the native automobile manufacturers compounding its problems further. as it had to shell down more Euro currency at times towards pound sterling payments made to the UK plant which also supplied automobiles after assembling them. TMEM was caught in this vicious circle of currency conversion. The parent company played the role of an observer as it could not afford to make payments direct from its coffers on behalf of its subsidiary. However, in such a case, it could have been forced to lose more JPY reserves as the yen was playing low against the pound sterling. From this circle of operations, one thing is emerging clearly. The parent company had miscalculated the future of euro and expected an early forward march of its value in international markets. It also expected an early entry of the UK into the European Monetary Union (EMU). These two miscalculations had boomeranged on its operations in Europe leading to its ever increasing dependence on a weak euro. TMEM's problem has therefore been the result of a wrong analysis on the future of the newly cre ated euro currency. The following charts (Internet, graphs) show how the pound and yen values against the euro picked up from 1991 to 2001. In the beginning of 1991, the euro value was equal to 0. 712825 GBP. During the end of 2001, it equalled to 0.618756 GBP indicating gains for the pound.

Monday, February 10, 2020

Google and Yahoo Essay Example | Topics and Well Written Essays - 7000 words

Google and Yahoo - Essay Example Organizational structure, design and culture play an imperative role in organizational effectiveness and success. This is because they assist an organization to comprehend itself and enable the workers to work together to achieve all the tasks and achieve all the objectives of the company. These are aspects that an organization cannot neglect in its development. The concepts of organizational culture, structure and design have received considerable attention within organizational theory in the past decade. Researchers, consultants and mangers, have gravitated to the conception of culture, structure and design to encompass the special approach to life and creation of meanings which evolve within an organization. Different organizations have different organizational structures, designs and cultures. Yahoo incorporation is one of the renowned companies in the world for its internet services. It is an American company that offers search engine services, web portal, internet directory, ne ws, finance and advertising. Some of the services offered by Yahoo Company include â€Å"Yahoo Directory, Yahoo Mail, Yahoo Finance, Yahoo News, and Yahoo Answers† (Media Relations, 2005). According to Media Relations (2005), approximately seven hundred million people use its internet services every month. ... Yahoo incorporation faces stiff competition from Google Company. Google is an American company that offers internet services and products. Such products and services include cloud computing, software, search, and advertising technologies. Google was established by Brin Sergey and Page while studying in Stanford University in 1996 (Google, 2013). These two founders own about 17 percent of the stake of the company. The company offers internet software including electronic mail, social networking and office suite. The company has ventured into mobile phone software where it leads innovator of Android mobile phone operating system. The company has ventured a lot into the communications hardware by partnering with primary electronic producers across the world (Google, 2013). Google Company operates an estimate of one million servers across the world, with more than one billion search requests every day. According to CNBC (2007), Goggle is the most visited search engine and website across the world. Just like Yahoo, Google offers its search services in different languages. It is one of the best performing corporations in the world. Google Company also owns You Tube and Blogger sites. This company started as a research project. It was initially referred as â€Å"BackRub† where it only analyzed other websites to determine their relevance. It was later named Google, and started working under Stanford University’s website (Google, 2013). The company is headed by a CEO. The multifaceted contacts between employees and workers in Google are seen as determinants of behavior in the place of work (Eliud, 2012). It is one of the companies with a unique organizational culture. Part I: Structure and Design Organizational structure implies an