A Description of Toyota Motor Corporation

Powerful Essays
Topics: Toyota, Ethics
Table of content
Introduction ---------------------------------------------------------------------- 2
Background of the company --------------------------------------------------- 2
Products and services ----------------------------------------------------------- 2
Ethical Aspect – Positive Aspect ---------------------------------------------- 3 Negative Aspect ---------------------------------------------- 3
Ethical theories – Theory 1 (Utilitarian) -------------------------------------- 4 Theory 2 (Human Rights) --------------------------------- 5 Theory 3 (Virtue Ethics) ----------------------------------- 6 Theory 4 (Ethics of care) ----------------------------------- 6
Conclusion -------------------------------------------------------------------------- 7
References --------------------------------------------------------------------------- 7Introduction of the Companies and Industry
History and background of Toyota
Toyota Motor Corporation,, commonly known simply as Toyota, is a multinational corporation headquartered in Japan. At its peak, Toyota employed approximately 320,000 people worldwide. It is the world 's largest automobile maker by sales. The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father 's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota also owns and operates Lexus and Scion brands and has a majority shareholding stake in Daihatsu and Hino Motors, and minority shareholdings in Fuji Heavy Industries, Isuzu Motors, Yamaha Motors, and Mitsubishi Aircraft Corporation. The company includes 522 subsidiaries.
Toyota is headquartered in Toyota City, Aichi and in Tokyo. In addition to manufacturing automobiles,



References: Retrieved from http://articles.latimes.com/2014/mar/19/business/la-fi-toyota-settlement-20140320 Retrieved from http://usatoday30.usatoday.com/news/washington/2007-09-26-2619056283_x.htm Retrieved from http://corporatenews.pressroom.toyota.com/releases/toyota+unveils+new+donations+aid+hurricane+sandy+recovery+efforts.htm Retrieved from http://www.toyota-lawsuit.com/toyota-recall/toyota-recall-timeline/ Retrieved from http://www.reuters.com/article/idUSN3024383920100430, Retrieved from http://money.cnn.com/autos/storysupplement/toyota_timeline/ Retrieved from http://findarticles.com/p/articles/mi_qa5427/is_201007//ai_n54363580/ Retrieved from http://www.toyota-global.com/company/history_of_toyota/75years/data/business/index.html

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