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Toyota's internal resources and competencies

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How does Toyota's strategy (or combination of strategies) "fit" with the internal resources and competencies of the firm?

380 word essay with reference

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Solution Summary

How an organization utilizes its internal resources and competencies can make or break it within their industry of operation. In many cases we've seen organizations focus so much on external resources and outsourcing firms they fail to notice the infrastructure is falling apart from within. However, the Toyota Motor Corp has done just this. This organization has survived the ups and downs of the automotive industry for decades by taking notice of their internal resources and placing emphasis on their core competencies.

380 word essay with reference.

Solution Preview

How an organization utilizes its internal resources and competencies can make or break it within their industry of operation. In many cases we've seen organizations focus so much on external resources and outsourcing firms they fail to notice the infrastructure is falling apart from within. However, the Toyota Motor Corp has done just this. This organization has survived the ups and downs of the automotive industry for decades by taking notice of their internal resources and placing emphasis on their core competencies. Toyota have ensured that senior leadership has used this as a catalyst to coach, train, and mentor employees to affect innovation in regards ...

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