Sunday, May 24, 2020

Should The United States Increase Foreign Aid - 1959 Words

Should the United States increase foreign aid? This is a topic that has come up many times in the past years. When it comes to politics and the people themselves, this is a very important debate. This goes much deeper than just losing money or helping a fellow country in need. People are in need to better their country and themselves. We are all here together and aiding in one s growth can change lives all around. There are many reasons why the United States should increase foreign aid and why it is important to help the global cause. Wealth Makes Health Sometimes there is a higher power than just how far our dollar bill actually goes. The health of our fellow people should be a priority for every human being on this planet. Many countries just do not have the funds to protect themselves from everyday problems. In many third world countries health concerns can include, starvation, dehydration, and disease. Contaminated water diseases alone account for more than three million deaths each year. We help Africa by helping prevent epidemics such as AIDs and malaria. It is immoral to think that we could even stand back from these situations and let them play out. Food and water aid is single handedly one of the most important aids given to other countries. These foreign aids will in turn help a people rise to establish a better understanding of what is needed to protect themselves. By creating a sense of establishment will help families buildShow MoreRelatedShould The United States Increase Foreign Aid?819 Words   |  4 PagesShould the United States increase foreign aid? This is a topic that has come up many times in the past years. When it comes to politics and the people themselves, this is a very important debate. This goes much deeper than just losing money or helping a fellow country in need. People are in need to better their country and themselves. We are all here together and aiding in one s growth can change lives all around. There are many reasons why the United States should increase foreign aidRead MoreShould the Developed North Increase Aid to the Less Developed South?1510 Words   |  7 PagesShould the Developed North Increase Aid to the Less Developed South? The question at hand is not whether aid from the developed north should be given at all, but whether or not it should be increased to help ease the suffering of the developing countries in the south. Every country, whether rich or poor, should have compassion for the suffering. However, it is not the duty of the developed north to completely take care of every developing country. In the present, there are seriousRead MoreThe Cons of U.S. Foreign Aid Essay1251 Words   |  6 PagesThe Cons of U.S. Foreign Aid As time progresses humankind seeks to better itself. We strive to make life easier, faster, and more efficient. Currently we have telescopes that can see objects light years away, satellites that can track you around the planet, cars that adjust the seat and steering wheel to separate drivers, and computers that fit in your hand and perform a million calculations a second. But not everyone in this world has this technology. In parts of the world there are peopleRead MoreThe First President Of The United States Essay1454 Words   |  6 PagesRevolutionary War, the United States wanted to implant a strong relationship with Britain and also with France. Thomas Jefferson, the third president of the United States, helped settle hostility with Britain and with France. By doing so, he helped to negotiate the Louisiana Purchase, started trading more with other countries, and also made it easier for immigrants to become citizens. What Thomas Jefferson was trying to do was to improve foreign relationships and establish a foreign policy. It isRead MoreGlobal Poverty Essay example1162 Words   |  5 Pagesbecome a crucial fact worldwide and has a great influence on economic development. Foreign aid from wealthy regions has been dedicated to reducing poverty. Before delving into the argument, it is necessary to clarify the term â€Å"western countries† and â€Å"global poverty†. Western countries refer to the most developed countries which have in common a high standard of living for most of the residents, such as the United States, most European countries and Australia. Global poverty in this essay can be definedRead MoreEssay On The Federal Budget1072 Words   |  5 PagesThe United States is on a fiscally unsustainable path with the national debt at $19.8 trillion as of July 2017. 2016 federal spending exceeded revenue by $552 billion and is anticipated exceeding revenue for the foreseeable future creating a strategic challenge to our domestic economy (Deliver, 2017). The 2017 federal debt is at 77 % of gross domestic product (GDP) making it the highest public debt since World War II. The 2018 federal budget estimated impact is the deficit will increase to 79Read MoreDoes The U.s. Have An Obligation Help Poor Countries?1607 Words   |  7 Pagesto help poor countries? Carlos Andrade Ethics 326 – 4:30PM April 24, 2016 Mr. Estrada X___________________________________ The United States does not have an obligation to help poor countries. Many believe that the U.S. has a moral or ethical obligation to assist countries who need it. The United States is viewed as the police of the world, defender of democracy, and body of countries who it chooses to align with. When it is said that the U.S. has an â€Å"ethical obligation†Read MoreThe United States And Public Education1344 Words   |  6 PagesThe United States does not have an obligation to help poor countries. Although the U.S. has a high gross domestic product and strong military, it still hasn’t been able to succeed in other areas. In order to help others, you need to help yourself. Until every aspect of the United States is in order, we should not supply any other countries with help. The United States also has a failing public education system, citizens with food insecurities, and aging infrastructure. Giving aid can do more harmRead MoreAid is not the Way to Development1427 Words   |  6 Pages Trade, not aid, is the key to economic growth in developing countries. To what extent do you agree with this statement? Introduction Most of the developing countries are mired deeply in economical obstacles, which prevent them from development significantly. In order to overcome those embarrassments world’s society struggles to find the efficient solution for poor countries’ economies. Historically, developed countries undertook policy of giving aid to their colonies,Read MoreAdvantages and Disadvantages Giving Aid1521 Words   |  7 Pagesto (Andrew Page, 2005) Foreign Aid or Official Development Assistance (ODA) is a transfer of resources on concessional terms which are undertaken by official agencies. Mostly, the countries that receive foreign aid are usually developing countries. Poverty is the main focus of giving the foreign aid. This situation always happened to many countries due to the conditions where the people live and from that it will show the quality of living is poor among the people. Foreign aid is given to poor countries

Wednesday, May 13, 2020

A Brief Note On Progressive Tax And Tax - 955 Words

A progressive tax is a tax in which the rate of the tax increases when the taxable amount increases. Progressive taxation is the process in which the tax rates increases form low to high according to the income of the people. United States currently has this type of taxation method. Progressive taxation helps in the income inequality, maintains social justice and furthermore adds more revenue to the government. Tax plays an important role any country. There is no country which can run without the tax. Money that is raised by the taxation is used by government to do the day to day work of the country. The military, social service, officer and the other governmental works run with the help of collected revenue from tax. The developmental works also run with the help of tax. Without taxation, the government cannot run its day to day work. Yes, we should worry about taxes that have a regressive effect on the taxpayer. Regressive tax increases the burden on the on the poor people and redu ces the burden of the high class people. There is an unequal distribution of income in the American society. The differences in the income of the class of the people is increasing. And the market alone cannot determine the income distribution in the society. There is a large gap between the class of the people due to the unequal distribution of the income and wealth. The gap between the rich and poor will increase and more people will come under the line of poverty if there was no attempt ofShow MoreRelatedCharacteristics Of A Good Taxation System1109 Words   |  5 Pagesfinance public education are: -Property tax-local income designated from land ownership. -Personal and Corporate Income tax-personal tax is progressive and based on an annual income. Corporate is based on the profit income of that company. -Sales tax- State produced percentage of retail goods, not including food. 3. What is a circuit breaker? A circuit breaker principle is in place as to not over burden a person with a low income. It creates a cap on the property tax with certain restrictions. 4. ListRead MoreMonetary Equality : The United States And France1713 Words   |  7 Pageshigher income stimulate the economy. Nevertheless, it is important to note the undeniable, vast differences found in the class systems within the United States. Thomas Piketty, a renowned French economist, explained this predicament in the article Marx 2.0, â€Å"the 1% in America right now is still a bit lower than the 1% in prerevolutionary France, but it’s getting close (48).† With good intentions, Piketty’s proposition is too progressive for American standards . According to the executive summary of Piketty’Read MoreThe United States And The American Revolution1707 Words   |  7 Pageshigher income stimulate the economy. Nevertheless, it is important to note the undeniable, vast difference in class systems within the United States. Thomas Piketty, a renowned French economist, explained this predicament in the article Marx 2.0, â€Å"the 1% in America right now is still a bit lower than the 1% in prerevolutionary France, but it’s getting close (48).† With good intentions, Piketty’s proposition is too progressive for American standards . According to the executive summary of Piketty’Read MoreAnalysis Of The Liberal Minority Government791 Words   |  4 Pagestake a look at what Prime Minister Justin Trudeau says his Liberal majority government got done in the first half of 2017. The quotes here are from Trudeau’s statement, released this afternoon as MPs headed home for Parliament’s summer break, and the brief comments provide links to stories, columns and expert analysis: â€Å"Between February and June, I signed agreements with the leaders of Inuit Tapiriit Kanatami, the Assembly of First Nations, and the Mà ©tis National Council, establishing a process to advanceRead MoreEssay about Modern History - Decline and Fall of the Romanov1156 Words   |  5 Pagesï » ¿MODERN STUDY NOTES: TITLE SUBHEADING NOTES Decline and Fall of the Romanov Dynasty Nicholas II as an Autocrat Nicholas II: Weak and indecisive leader; gentle. Uneducated. Tsar refused to move with times; see changes and reforms. Close relations with Queen Victoria. Manipulated/Heavily influenced by wife Tsarina Alexandra. Austrian princess – granddaughter of Queen Victoria. Pressured Nicholas to preserve autocracy. Autocracy: Russian 1900’s – Tsar + family ruled completely – no democracyRead MoreA Virtual Company With An International Perspective1769 Words   |  8 Pagesconsider the legal aspects of its home country and of the country where it wants to expand and that is the reason why when you want to build, to develop a business you have to interact with all of this details to be on the â€Å"legal way†. After doing a brief summary, we decided to divide our work in these main parts below (with the relative chapters and sub-chapters): - First step: here we will introduce, we will describe our business idea. We will also explain why we chose this specific business, whatRead MoreHoward Zinn Chapter 131427 Words   |  6 PagesChapter 13 Zinn opens chapter with the recognition that â€Å"war and jingoism might postpone, but could not fully suppress, the class anger that came from the realities of ordinary life†.   Despite the brief interlude that momentarily quelled class conflict, the issues at home had never been resolved and resurfaced with a vengeance.   More and more writers were writing from a Socialist mindset:   Upton Sinclair published  The Jungle  in 1906, as a commentary on Chicago’s meatpacking industry.  In writingRead MoreEssay on The Four Political Parties Of Canada4255 Words   |  18 PagesNewfoundland, political opinions and affiliations range from the left wing to the right wing. To represent these varying political views, Canada has four official national political parties to choose from: the Liberals (who are currently in power), the Progressive Conservatives, the New Democrats, and the Reform Party. What is particularly interesting is that none of the latter three parties compose Her Majestys Official Opposition in the House of Commons. The Bloc Quebecois, a Quebec separatist partyRead More Arguments Regarding the US Economy from Conservative and Liberal Mindsets6662 Words   |  27 Pagesindividual freedom. Both view governments role as a limited one, to varying degrees. They support majority rule and the due process of law. Both generally support the reforms made in the New Deal, such as social security, income tax, and welfare. (Goshen, Chapter 10 Notes) Republicans tend to be conservative and Democrats tend to be liberal. If you were to summarize the Republican philosophy on the economy, you would see three prevailing points. The party supports minimal government, lowerRead MoreTransfer Pricing20501 Words   |  83 PagesTransfer Pricing in Developing Countries An Introduction Topics 1. Abstract 2. International tax law its sources 3. Brief history of International Tax Law 4. Who gets the pie? 5. Arm s length principle : Cornerstone of International Tax Law 6. Transfer pricing methods 7. Problems with of source taxation of MNE s 8. Internet e-commerce : Achilles heel of current International taxation regime? 9. Formulary Apportionment (FA) 10. Existing uses of Formulary Apportionment systems in the world

Wednesday, May 6, 2020

Why Do Students Often Drop Out of College Free Essays

STUDENTS DROPPING OUT OF COLLEGE As we know that, the Vietnamese society has changed so much for the past decade, which causes some positive effects as well as negative issues in the education system. Some research has shown that the rate of students dropping out of college has been increased remarkably recently. There are some possible reasons causing this issue, which will be discussed in form of objective and subjective point-of-view in the following part. We will write a custom essay sample on Why Do Students Often Drop Out of College? or any similar topic only for you Order Now First and foremost, from the objective point-of-view, some colleges or universities have their illegal accreditation or license expired after a period of time. Raffles Ho Chi Minh City – College of Design and Commerce, as a particular example, has its bachelor degree programs unaccepted by Ministry of Education and Training in Vietnam at the beginning of 2012, which have caused damage to the students studying at there and the students graduating from there. They had to choose either continue their study in another country such as Singapore or start all over at another college. Moreover, another reason is possibly because a university or college does not have enough facility for supporting the students in during practice of their study. For example, in the biology lab, students need new technology and machines for studies yet the college does not have enough for everyone while it is hard to learn biology just by reading books and looking at pictures. On the other hand, subjectively, students’ interest is changing very often. They may find the current major not fit with their interest, ability and health after studying for awhile because the lessons are too difficult and boring that students cannot handle and do not have the spirit to study. Furthermore, some students prefer finding a job and making money to studying lessons. By earning some money, students can afford what they need and receive job’s and real life’s experience. Therefore, those students may not have enough time to follow and understand all of their lessons when the exams come. After retaking test too many times, students get tired and they may quit. To sum up, the problem which students dropping out of college is one of the toughest problems we have in education, not only in our country but also in others, has both objective and subjective point-of-view causes. There are some reasons come from colleges’ issue or ourselves. We can conduct student surveys regularly in order to learn insight of the students about the programs and facilities so as to solve the problems causing by the universities. In addition, we can give students advice about what they need for their lives, knowledge or money. However, we have to live our lives no matter what we choose, so just try to make the right decisions. How to cite Why Do Students Often Drop Out of College?, Essay examples

Monday, May 4, 2020

Managerial Skills of Toyota-Free-Samples for Students-Myassignment

Question: Discuss about the Strategic Management and Managerial Skills of Toyota. Answer: Introduction: Strategic management and plays crucial role in the development of any business organization. In this competitive era, where all the business organization is incorporating best practices to battle against the rival companies and earn the desired target in the society, strategic management and works as strength of the business organization that enhances the competitive advantage of the companies(Hill, Jones, Schilling, 2014). Toyota Motor Corporation is one of the renowned automotive manufacturer that has put a strong impact on the on the car industry by its innovative practices. The journey of Toyota has been started in 1937. The organization covers a huge market share. Toyota has brought revolution in the motor vehicle industry by introducing hybrid electric vehicles. As per the report, Toyota earns 28.40 trillion revenue per year by providing its service worldwide. The organization has not only set an example in front of the world by its profit margin, but it has become a pioneer i n terms of strategic management and (Chiarini Vagnoni, 2015). The organization has adopted a unique style of leadership that has led the organization to achieve the desired position in the local as well as global automotive industry. This innovative management style of Toyota leaders has distinguished it from the other business organization. Toyota is considered as one of the pioneer of strategic management. The leaders of Toyota has left no stone unturned to maintain healthy environment within the organization. They pay close attention to their relation with the stakeholders (toyota-global.com, 2017). The following article has concentrated on the strategic management and managerial skills of Toyota. It has enlightened all the practices of Toyota management that influences the growth of the organization. The objective of the article is to provide a vivid picture of the organizational structure of Toyota. Analysis: Strategic management is considered as one of the key success factors of the business organization. It has been argued that it consists of three major stages that plays crucial role in the growth of any business organization, such as- strategy formulation, strategy implementation and strategy evaluation (Rothaermel, 2015). Strategy formulation is considered as the primary stage of strategic management. In this stage, the management team of the business organization forms suitable strategies for the organization. This stage plays crucial role in the development of the organization. Leaders need to consider all the aspects of the business organization while constructing the organizational strategies (Harrison John, 2013). Otherwise, it may lead the organization towards the wrong direction. Before making any strategy, it is important to analyse the situation of the organization and conduct market research. It will be beneficial to construct a suitable set of norms for the organization that can support organizational growth. The second stage of the strategic management is to implement the formulated strategies within the organizational structure. While implementing strategies, the management of the business organization needs to make sure that all organizational members are aware of the newly constructed strategies and they are willing to adopt these strategies. In order to achieve the goal, the organizational management needs to maintain healthy and interactive relation with all the internal and external stakeholders. They need to provide a transparent idea about the organizational strategy and the objective of the management to incorporate such strategies. It will be helpful for the members to adopt these strategies(Morden, 2016). The last and final stage of the strategic management is to evaluate the consequence to implement these strategies. This stage plays crucial role in the development of the organization as it helps the organizational management to identify the loopholes in the strategy and responsible areas of the management where they need to put more efforts to strengthen their organizational structure. It helps the organizational management to monitor the development of the organization. Management must scrutinize the profit margin, sales rate and market demand of the organization to evaluate the impact of the strategy(Chen, Delmas, Lieberman, 2015). These three key stages lead any business organization to make a strong remark in the industry. Management department of any organization are mainly responsible to perform this role. The success of the business organization is highly relied on the efficiency of the managerial department of the company(Frynas Mellahi, 2015). The competitive nature of the market has been drastically increased since past few years due to arrival of many rival companies. It has become difficult for any business organization to survive in this competitive era. Hence, it is mandatory for the managerial department of the business organization to perform their role in an appropriate manner to stimulate the function of the organization. They need to pay close attention to the requirement of the organization while making the organizational strategy. Strategic management focuses on the holistic growth of the organization (Hubbard, Rice, Galvin, 2014). Thus, it is important for the leaders of business companies to concentrate on the overall organizational structure instead of a specific section. They need to perform versatile role to support the growth of the organization. It has been argued that strategic management is the set of initiative that has been mainly taken by the management of the organization on the behalf of the authority and it provides right direction to the organization (Kotler, Berger, Bickhoff, 2016). Thus, it can be stated that success of strategic management is highly dependent on the effectiveness and strengths of the higher management of the business organization. As opined by Michael Porter, the managerial department needs to focus on three basic principles, such as- creating unique and innovative strategies, managing the quality of the organizational strategy and fit in the market trend by managing the organizational activity (Stead Stead, 2013). These are the key words of success in recent time for any business organization. It is important for the business organization to adopt unique strategies that can distinguish it from the rival companies and helpful to survive in the competition. Thus, managerial department must be aware of these factors while making any strategy to carry out any business venture. As claimed by Porter, business organizations must manage their activities to fit in the market trend. The scenario of the market is transforming day by day. Thus, it is important for the business organizations to design their structure as per the market structure. Otherwise, it may face deadly consequence in coming future (Peppers Rogers, 2016). According to reports, strategic management involves the analysis of the external and internal environment (Jenkins Williamson, 2015). Both environment plays key role in the success of the organization. It is managements responsibility to gather all the relevant information about the external and internal environment of the organization while making the organizational strategy. Otherwise, the organization may face various issues in near future. There are various tools that are used by the organizational management to evaluate the internal and external analysis. It is highly beneficial for the organization to earn the desired position in the industry. Otherwise, the high competitive nature of the market may challenge the existence of the business organization and it may fails to achieve the desired position in the industry (Tallman Koza, 2016). In this scenario, it can be stated that Toyota management has tried to follow all the aspects of strategic management in an appropriate manner. The organization is run by a team of skilled and experienced leaders that preserve quality experience in the respective field. They plays key role in the development of Toyota. They have a clear idea about the organizational objective and they design the organizational structure accordingly. Being a largest producer of the automobile, Toyota has set an expectation level among its consumers. It is important for the management of Toyota to meet the expectation level of the loyal consumers to earn the long-term organizational goal by incorporating efficient strategies. Managerial department stay close to the requirement and preference of the target market and they ensure that the organization and its members are performing in an appropriate manner by adopting the strategies formulated by them. The organizational management always try to incorpor ate some unique strategies within the organizational rulebook that will be helpful to beat the rival business organizations (Smith, 2014). There are some key features of Toyota that reflects the effectiveness of strategic management of the organization, such as- Toyota management always maintains a strong supply chain management. They maintain an interactive relation with all the members of the supply chain. Being a renowned global automobile company, Toyota needs to maintain a huge supply chain, as the management is aware of the fact that it is impossible to provide quality service to the large number of consumers without strong and effective supply chain management. They stay close to their raw material suppliers and distributors and provide them a transparent idea about the requirement and demand of the consumers (Kaynak, Mockler, Dologite, 2014). It is often evident that the management of Toyota takes some innovative initiatives that lead the organization to the next level of success. In 197, Toyota was the first automobile company that has started manufacturing small and fuel-efficient cars which has drawn the attention of the large number of target consumers. As the price of the fuel has been fuelled since past few years, such cars have become the desired cars for the buyers. In recent time, the organization has started producing electric cars that will be beneficial to fight against the global warming and other forms of environmental pollution (Ruff, 2015). The management always maintains healthy environment within the organization. Toyota always maintains a culture and values within the organization. The values and ethics of Toyota are considered as the main resource of the organization that stimulates the growth of the organization. The organizational management of Toyota follows some key principles to run the organization, such as- unique, teamwork, respect. Toyota authority maintains healthy and peaceful environment within the organization to ensure a bright future. Internal stakeholders of the organization are considered as one of the weapon of the organization. Toyota management tries to maintain healthy relation with them to support the growth of their performance, as they are aware of the fact that efficient performance of the employees can brighten up the brand image of the organization (Pisano, 2016). There are some policies that are followed by the higher management of Toyota, such as- management must take decision on the basis of the long-term goal of the organization, problems must be highlighted by the members of the organization and must be resolved on the priority basis, innovative and trustworthy technologies must be adopted by the organization that will support the growth of employees performance, management must focus on all the aspects of the organization while making any decision and must consider the organizational goal, workers must be able to take up new challenges, as it will be helpful for their performance development (Percy Elliott, 2016). Toyota is known for its lean management where employees are influenced and motivated to bring changes in the system of the organization. They take active part in the organizational decision-making process and they are being empowered to lead the organization to the leading position(Melander, et al., 2016). Toyota has adopted some innovative policies to maintain healthy relation with the employees. Being one of the leading business organization, Toyota possesses a large workforce with 25000 employees. Although, it is not possible for the employers to address each of their employees every time, they have made some innovative policies to provide support to their employees. Toyota always stands by the side of their employees when they require the support of their employers. They have included some flexible and transparent strategies that can be helpful for the employees. It helps the organization to retain their employee for a long period of time and it puts a great impact on the organizational performance. This is one of the major reasons for the success of the organization (Schmidt Farkas, 2016). As per the previous discussion, it can be stated that all the theoretical concepts discussed previously are incorporated in the organizational structure. These concepts have greatly influenced the managerial skills of the Toyota management. The management has followed three crucial stages of the strategic management. They often conduct market research and environmental analysis while constructing organizational strategy. It provides a vivid idea to them about the condition of the market and highlights the areas where they need to put extra effort to strengthen the organizational structure. By analysing the situation, management implement some innovative strategies that can influence organizational function, such as- lean management, electric cars and so on. While making these strategies the management always encourage their external and internal stakeholders to participate in the organizational decision making process. It motivates their stakeholders to adopt the organizational strat egies and policies in an appropriate manner and work as a team to earn the desired position in the society. It is the primary reason for the success of Toyota. By such innovative and unique practices, the organization has secured the highest position in the automotive industry (Chowdhury, 2014). Recommendations: Although, the management of Toyota has left no stone unturned to provide quality service to the consumers and enlighten the brand image of the organization, there are some loopholes in the organizational structure of Toyota that can be harmful for the reputation of the organization and may restrict the growth. It has been evident in recent time, that the organization has faced various challenges due to the lack of efficiency of the crisis management team of the organization (Yan, Choi, Kim, Yang, 2015). Being a leading name in the business world, Toyota needs to pay close attention to the performance of the crisis management team. It is the responsibility off the higher management of the Toyota to make sure that all the members of Crisis management is performing appropriately and providing adequate support to the organization. The crisis management team must be alert 24*7 to save the organization and its reputation from any kind of crisis. The organizational management must appoint some experienced and efficient members who can serve the organization with their quality performance. They must be aware of their role and responsibility towards the organization and they must be committed to their job. Otherwise, they will not be able to provide sufficient support to their organization. In recent time, it has been evident, that the production of the car has faced several challenges in Toyota. The motor of Toyota has recently failed in the test, which leads the organization to face a massive crisis recently. Thus, the organization must recruit some experienced and skilled engineers who can boost up the manufacturing process of the organization. Engineers who preserve quality experience in the field can save the organization to face such disasters. As per the report, in many cases the organizational management of Toyota refuses to take responsibility and blame their internal stakeholders (Lu, Au, Peng, Xu, 2013). Such practices must be avoided. The organizational management must be aware of the fact that it is important to maintain the trust of the internal and external stakeholders. They must take the responsibility when required. The organizational management of Toyota must invest heavily to rectify their loopholes on an immediate basis. Otherwise, it can be harmful for the growth of the organization. Problems need to be resolved as early as possible. They must appoint skilled employees and adopt efficient techniques to avoid any problems that will be harmful for the growth of the organization. The organizational management need to maintain healthy relation with the suppliers. They must use modern communication tools to maintain regular interaction with the suppliers and distributors. It will be helpful for the organization to provide clear idea about the requirement and preference of the consumers. At the same time, it will help the organization to provide uninterrupted service to the consumers and survive in the competition. Leaders of Toyota must be aware of their role and responsibility towards the organization. They must play their role in an appropriate manner. It is their responsibility to look after all the aspects of the organization and resolve all the issues that can destroy the reputation among the target market of Toyota. It is often evident that organization is facing several challenges due to the negligence of the leaders of the organization. Thus, leaders must be committed towards their role and responsibility and they must be aware of the organizational objective and vision mission while making any strategies for the growth of the organization. Conclusion: As per the previous discussion, it can be stated that Toyota has set an example for other business organization by following the path of the strategic management. They follow all the relevant concept of the organizational strategic management. The managerial department of the organization maintains conduct various market researches to design their organizational structure. They analyse their external and internal environment to make sure that the strategies have been adopted by the management are suitable to support the growth of the organization. The leaders of Toyota follow the three crucial stages while constructing organizational strategy. Therefore, they follow the path of innovation while making any strategy. Such practices are considered as the key success factor of the organization. It has led the organization to adopt innovative initiatives, such as lean management, innovation of modern and efficient products and so on. Due to such efficient managerial skills of the leaders , the organization has brought revolutionary changes in the world of automobile and successfully carried out many unique business ventures. Although, the organizational structure of Toyota has been designed in a unique manner, there are some loopholes that can be harmful for the reputation of the organization, such as- lack of sense of responsibility among the leaders, lack of efficiency among the crisis management team, lack of skilled and experienced engineers, lack of investment to rectify the mistakes and lack of efficiency among the employees and so on. These factors have become one of the major concerned of Toyota authority. Thus, the organizational management must consider the facts while designing their organizational structure in order to earn the desired position in the industry. In this competitive era, it is essential for the management of the organization to enhance its competitive advantage by adopting such practices. Otherwise, it will be difficult for them to survive References: Chen, C. M., Delmas, M. A., Lieberman, M. B. (2015). 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