The company of Toyota began in 1957 when it first came to America. Toyota did poorly in the beginning but in 1965 it made its comeback strongly. After this, the Camry, Corolla, and Toyota trucks came about. Toyota has also built the world’s first gas/electric hybrid car we all know today as the Prius. Toyota is one of the top car companies in America as you can see being that they have been in this business for 50 years and are still progressing each and every day. Toyota dominates and excels in the auto industry today and is shown to be a leader throughout the global auto market. Two central developments in the business world towards the end of the 20th century were globalization and the increasing dominance and impact of information technology ('informaticization'), and these developments have continued to accelerate in the early 21st century. The principal triggers for this increasing globalization and informaticization have been the continuing structural collapse and/or shift to a market economy of the former Communist countries, and, starting in the USA, the IT revolution, based mainly on the spread of the Internet.
To understand how Toyota is approaching to social responsibility related to the three concepts of social responsibility recently, as business operations become more global, society's expectation of a company's contribution towards sustainable development has increased, and the scope of such expectation has expanded. Toyota has long engaged in business with the idea of corporate social responsibility (CSR) in mind, and it has used internal working groups and other bodies to investigate in-depth means of responding to societal demands. Toyota strongly believes that by putting into practice the spirit of The Guiding Principles at
Toyota, the company is fulfilling society's expectation of Toyota. In January 2005, it prepared and distributed an explanation paper called "CSR POLICY: Contribution towards Sustainable...
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