Toyota Environmental Factors
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a 1,050 word paper in which you identify the environmental factors that affect global and domestic marketing decisions. In your paper be sure to address the following as they relate to the organization's marketing decisions:
o Analyze the influence of global economic interdependence and the impact of trade practices and agreements.
o Examine the importance of demographics and physical infrastructure.
o Analyze the influence of cultural differences
o Examine the importance of social responsibility and ethics versus legal obligations.
o Analyze the effect of political systems and the influence of international relations.
o Analyze the influence of the Foreign Corrupt Practices Act, as well as the influence of local, national and international legislation.
o Explain the impact of technology.
Format according to APA standards.with introduction and conclusion
with proper reference
Running Head: ENVIRONMENTAL FACTORS
Environmental factors & Toyota Motor Corporation
In this paper for discussing environmental factors along with their significance for an organization that conducts both domestic as well as global marketing, the organization selected by me is Toyota Motors Corporation. Toyota Motors Corporation is the world's second largest automobile company. It is successfully operating in the global market place with the assistance of its subsidiaries in the different countries. The main product offering of the company comprises of cars, trucks, vans and sports utility vehicles (About Toyota, 2009). Toyota Motor Corporation operates at domestic as well as global level where it confronts a number of environmental factors, which are as follows:
Influence of Environmental Factors on Toyota Motors Corporation
Subsequent to the discussion of importance of environmental factors, we will delineate some of prominent environmental factors that make significant impact on domestic as well as global marketing conduct of the company:
Global Economic Interdependence & the Impact of Trade Practices and Agreements:
The influence of global economic interdependence and the impact of trade practices and agreements are very crucial as with this environmental factor most of the global marketing practices are extended. With the increasing globalization that had directed the world towards the global economic interdependence the Toyota had become able in extending its business across the world. As the factor of global economic interdependence render the firm with the opportunity to expand from domestic to global level, the trade practices and agreements render the firm with substantial challenges (Kerin, Hartley & Rudelius, 2003).
Every country has designed different set of trade practices and agreements and whenever Toyota plans to expand in a different nation or a nation it is already operating it has to analyze the trade practice of those particular nations so that it cannot indulge in any legal complications. So, we can say that Toyota's domestic as well as international marketing conducts are highly affected by the environmental factors of global economic interdependence and trade practices and agreements.
Demographics and Physical ...
The solution examines environmental factors for Toyota. The importance of demographics and physical infrastructure are examined.