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Toyota’S Business Strategies In International Markets

Author

Listed:
  • Assist. Mihaela Funaru Ph. D Student

    (University of Brasov Faculty of Economics and Business Administration Brasov, Romania)

Abstract

Toyota’s success both on the Japanese market and international market due to its desire to make products with high quality. The Japanese believe that nothing is so good that it can not be improved, so they constantly struggle to increase the quality of everything they do. This attitude can be expressed by a single word:”Kaizen”. It means „continuous improvement” and is the key word to guide them towards perfection. This paper presents the strategies of Toyota Company in their attempt to gain supremacy in the international market

Suggested Citation

  • Assist. Mihaela Funaru Ph. D Student, 2010. "Toyota’S Business Strategies In International Markets," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 3(38), pages 1-6, May.
  • Handle: RePEc:aio:aucsse:v:3:y:2010:i:7:p:42-47
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    More about this item

    Keywords

    global strategy; international markets; technological innovation; hybrid systems; kaizen;
    All these keywords.

    JEL classification:

    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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