Embry-Riddle Aeronautical University ERAU Scholarly Commons Economics, Finance, & Information Systems Daytona Beach 2014 College of Business The Effect on Stockholder Wealth of Product Recalls and Government Action: The Case of Toyota's Accelerator Pedal Recall Jayendra Gokhale Embry-Riddle Aeronautical University - Daytona Beach, gokhalej@erau.edu Raymond M. Brooks Oregon State University Victor J. Tremblay Oregon State University Follow this and additional works at: http://commons
Words: 6827 - Pages: 28
MD 21202 Abstract: Toyota is faced with an Accelerator crisis after allegedly faulty accelerator pedals in some of their vehicles caused the pedals to depress get stuck or cause them to accelerate. This lead to a massive recall and lead to penalties and fines from the US government and consumer confidence diminished. There are several processes that can be identified that will benefit Toyota and lead to improvement which is what will be discussed in this paper. Toyota Motor Corporation was
Words: 2719 - Pages: 11
MASTER OF BUSINESS LEADERSHIP OPERATIONS MANAGEMENT (MBL912L) | | |Name | |Student Number | | | |
Words: 17381 - Pages: 70
October 2009, Toyota was seen as a leader in manufacturing and quality that other companies were trying to emulate (Cole, 2011). The company was facing a recall crisis because the National Highway Traffic Safety Administration had to pressure them to recall additional vehicles after a driver died in what was identified as a stuck accelerator followed by reports of unintended acceleration as a result of sticky gas pedals (Cole, 2011). Communication was the process identified that Toyota needed to improve
Words: 1680 - Pages: 7
Supplier Development at Honda, Nissan and Toyota: Comparative Case Studies of Organizational Capability Enhancement* Mari Sako Professor of Management Studies Said Business School University of Oxford Park End Street Oxford OX1 1HP, UK Email mari.sako@sbs.ox.ac.uk October 2002 * This study was funded by the International Motor Vehicle Program (IMVP), the UK Economic and Social Research Council, and the Japan Foundation. I am grateful to the interviewees at the three automakers and suppliers who
Words: 12443 - Pages: 50
The Toyota Global Vision Akio Toyoda President Toyota Motor Corporation 1. Thank you for taking the time to be with us here today. I will take this opportunity to describe for you our newly drafted Toyota Global Vision. 2. The word “vision” conjures notions of quantitative targets for things like sales and operating income in some sort of time frame. What we have prepared is a vision of a different kind. We have sketched the outlines of the kind of company that we want to be. We have identified
Words: 4579 - Pages: 19
Running Head: TATA MOTORS Comparison of Tata Motors with the value propositions of the competitor Table of content Introduction……………………………………………………………….. 3 Evaluation…………………………………………………………………. 3 Comparison……………………………………………………………….. 5 Tata’s Value proposition………………………………………………….. 9 Recommendations………………………………………………………… 12 References…………………………………………………………………. 14 Introduction I have selected Tata Motors. Tata Motors Limited can easily be labelled as India’s
Words: 3254 - Pages: 14
with floor mats and sticky pedals causing unintended acceleration, Toyota had 14 safety related recalls through Sept. 2010. • These highly publicized recalls may well have solidified in the U.S. public’s mind that Toyota has serious quality problems. EOQ June 2011 3 Test Results from Consumer Reports(CR) • If we examine the percentage of a brand’s vehicles recommended by CR, the trajectory shows significant decline for Toyota models from 85% recommended in 2008, to 73% in 2009, to 47% in 2010
Words: 1049 - Pages: 5
Explain the legal and ethical issues in relation to the use of business information Legal Data Protection Act 1998 Many businesses store and use information about people. The Data Protection Act protects the information being held about people from being misused. The information stored by businesses on databases must be: * Obtained fairly and lawfully * Used only for the purposes stated during collection * Adequate, relevant and not excessive in relation to intended use
Words: 402 - Pages: 2
2011 By: Frosina Miladinova and Anna Papa About Toyota One of the world’s largest car manufacturers by sales and by production is Toyota Motor Corporation (TMC) with 317,734 employees worldwide (2010). It was founded by Kiichiro Toyoda in 1937 having their headquarters in Toyota City, Aichi and Tokyo. The Toyotas logo includes three ovals that combined form the letter “T”. The overlapping of the two perpendicular ovals inside
Words: 2332 - Pages: 10
