Effective Communication An Essential Component Of...

Strong leadership is an essential component of organization’s success. They have the vision, the knowledge and they move the organization forward. Effective communication is one of the main skills required to do the leader’s work. The Ken Blanchard Companies conducted a series of studies from 2003 to 2006 in which 43% of respondents named communication skills as the most critical skill set. In the same study 41% of respondents stated that inappropriate use of communication is the most common mistake done by leaders (Critical leadership, 2006). No doubt the way leaders communicate with employees, team members, coworkers, investors, customers, managers is essential in achieving company goals. Successful leaders have to be able to adapt their communication style depending on who they interact with. Talking to employees might require directive style, giving orders for example, but when speaking to a customer a friendlier, kinder communication style might be more appropriate.(Effective communication, n/a). Leaders have to know who they are communicating with and what the goals of such interaction are. Also successful leaders should be able to switch between styles fast. Leaders have to be good listeners. When in a conversation with someone, they have to pay attention not only to verbal, but to non-verbal communication too. Leaders have to show they are listening and paying attention to the other person by nodding and smiling. Leaders don’t interrupt and ignore outsideShow MoreRelatedRoles Of Leaders And Leadership Style872 Words   |  4 Pagesand business environments effective leaders must have the capabilities to motivate development, create and manage teams with different background. For this research assignment students will analyze the roles of leaders and leadership style, collaboration initiatives and effectiveness, and team motivation and culture. The roles of leaders require that, progressive teams are managed effectively in many different categories. Cross-cultural environments and new organizations requires that leaders thinkRead MoreThe Importance Of A Vision Mission And Vision Statement1036 Words   |  5 Pagesobjectives, and strategies. The direction of organizations are very important on developing a desirable environment. In developing organizations, it often times requires quality details on creating a format feasible to the organizational needs. The qualities of a vision, mission, goals, objectives, and strategies must align with concepts of the organizational desire. In developing a mission and vision statement, they become paramount to the success within organizations. JEnelle Evans describes 3 key pointsRead MoreDevelopment And Implementation Of An Effective Communication Plan1296 Words   |  6 PagesProject Communication Plan One of the most important elements of a successful project is the development and implementation of an effective communication plan. Without clear communication, a project can encounter a number of unnecessary obstacles that may prohibit its successful completion. According to Gray and Larson, poor communication is a major contributor to project failure (2014). Therefore, it is important for a project manager to invest time and energy to develop a well thought out communicationRead MoreSignificance Of Strategic Value Within Organizations Success922 Words   |  4 PagesIn our modern day organization, the need of practical and strategic value holds a tremendous weight in organizations. In certain scenarios, improvement within organizations can be undesirable. While examining both, practical and strategic value holds specific requirements ultimately helping product quality results. The significance in both creates necessary guidelines on aligning proper etiquette within organizations. In 2007, the author tom McKaskill defined the significance of strategic valueRead MoreOrganizational Change1506 Words   |  7 PagesChange Management Introduction A need for growth in any organization to stay a viable entity must occur. Organizational change is inevitable. Just like anything in life, markets and cultures change which require constant attention and preparation. In order to be successful in any market, an organization has to be able transform itself to the needs for the market. CrysTel is no stranger to change. 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The reason of communication is to get your message across to others clearly and with certainty. Doing this includes effort from both the one sending the message and the one receiving it. And it s a procedure that can be fille d with error, with messages often misunderstood byRead MoreHuman Service Management : Human Services Managers1062 Words   |  5 Pagestake leadership roles within human service organizations. They take knowledge and management style to many different levels. Human service managers apply a variety of functions to the contexts of the organization s staff members. In most agencies, the human service managers use the critical roles of communication, organizational and team building skills. The human service manager works with members of the leadership team to improve the organization s process, maximize team responsibilities, andRead MoreThe Johari Window Concept of Communication Essay1090 Words   |  5 PagesJohari window is a great communication concept to build trust with others and improve understanding between people. According to (Satterlee, 2013, p. 134), â€Å"communication is a process that is vital to transmitting and understanding information†. However, communica tion is set forth as goal-oriented; the end result for the communicator is to achieve that set goal in order for the message to be considered effective. According to (Darling Beebe, 2007, p. 76), â€Å"communication is the primary way in whichRead MoreLearning Team Deliverable Week 3 1055 Words   |  5 Pagesprogram development and delivery. Team C summarizes the following highlights of this week’s discussions: determining organizational development theories and applications; differentiating between mentoring and executive coaching; identifying the major components of employee training; and comparing career development strategies. Organizational Development Theories and Applications Organizational development (OD) focuses on the research, theory, and practices committed to increasing the knowledge and effectiveness

Finding Consumer Surplus and Producer Surplus Graphically

The Coffee Shop, Avenue Coffee, Near The University Of...

After a lot of consideration and thought, I decided to study the coffee shop, Avenue Coffee, near the University of Memphis. The location was actually recommended by a fellow ethnographer in my class and I thought I would follow up with the gracious suggestion. Avenue Coffee was unfamiliar to me, and is also in a part of Memphis that I have rarely gone to. This shop was a great way to see a new part of town, but also to see what kind of local businesses have risen in Memphis. The ethnographer told me that the cafà © had a deeply rooted mission for the community of Memphis and is definitely a place in one must visit. What caught my attention in the beginning was that Avenue Coffee is a non-profit cafà ©. Situated at 786 Echles Street, the†¦show more content†¦As Weidner explains further, which is the reason for my title, that they hope to make a difference in Memphis â€Å"one latte at a time.† This particular field site attracted me thanks to its nature: a local and philanthropic coffee shop that has a mission to sell great, locally organised coffee while giving back to the community that raised it up. I thoroughly support and encourage businesses, especially small ones, that want to make a difference when they can in the community – whether it be a retail store, restaurant, or cafà ©. My purpose of studying this cafà © will be to not only understand what Avenue Coffee is, its origins, and how it conducts its business, but the actual investigation of how this socially constructed meeting place originated and the act of drinking coffee and socialising developed as a part icular place – or rather, how it became â€Å"a thing to do†. I will observe the demographics of this particular cafà ©Ã¢â‚¬â„¢s customers, to see what drives them to visit such a location – such as its appeal – and how drinking a coffee and utilising this location fits in society. I will be observing this cultural scene by taking a stance as an average customer. Each time I come in, I will order a drink and inconspicuously sit with my laptop and notebook. I will visit the shop just as any other student, with my backpack ready for homework, who is going to settle in for a few hours ofShow MoreRelatedNashville: The Capital of Tennessee Essay2986 Words   |  12 Pages000 people in the Nashville metro area worked in the health care industry, earning more than a $4 billion payroll. New technology is a burgeoning factor in the Nashville economy. Dell Computers operates a manufacturing and technical support center near the airport, which opened in 1999 and employs about 3,000 people. The plastics industry is growing here, as is the biotechnology (including pharmaceuticals and life sciences) industries. Items and goods produced: printing and publishing, automotiveRead MoreMarketing Mistakes and Successes175322 Words   |  702 PagesELEVENTH EDITION MARKETING MISTAKES AND SUCCESSES 30TH ANNIVERSARY Robert F. Hartley Cleveland State University JOHN WILEY SONS, INC. VICE PRESIDENT PUBLISHER EXECUTIVE EDITOR ASSISTANT EDITOR PRODUCTION MANAGER PRODUCTION ASSISTANT EXECUTIVE MARKETING MANAGER ASSISTANT MARKETING MANAGER MARKETING ASSISTANT DESIGN DIRECTOR SENIOR DESIGNER SENIOR MEDIA EDITOR George Hoffman Lise Johnson Carissa Doshi Dorothy Sinclair Matt Winslow Amy Scholz Carly DeCandia Read MoreManaging Information Technology (7th Edition)239873 Words   |  960 PagesSystems CASE STUDY I-1 IMT Custom Machine Company, Inc.: Selection of an Information Technology Platform CASE STUDY I-2 VoIP2.biz, Inc.: Deciding on the Next Steps for a VoIP Supplier CASE STUDY I-3 The VoIP Adoption at Butler University CASE STUDY I-4 Supporting Mobile Health Clinics: The Children’s Health Fund of New York City CASE STUDY I-5 Data Governance at InsuraCorp CASE STUDY I-6 H.H. Gregg’s Appliances, Inc.: Deciding on a New Information Technology Platform

Legalize It The Necessity For Marijuana Law Reform Essay

Legalize It: The Necessity For Marijuana Law Reform When I think about social issues that should be discussed more often than they are, I think about the topic of legalization of marijuana. As a person that has consumed marijuana both in legal settings, and illegal settings, I can say that the title â€Å"illegal drug† should not apply to cannabis. The reason that I believe this is because I do not feel that marijuana is a threat to my personal safety, nor is it a threat to the safety of people that are around me if I was to be smoking it in their vicinity. I am not a violent person, and do not consider myself to be a criminal based on what plants I have smoked. While I believe that cannabis should be legalized in every†¦show more content†¦Because of this, I will focus primarily on the use of marijuana as an intoxicant because when used as an intoxicant is when the law is the harshest on marijuana law offenders. The use of marijuana as an intoxicant was first documented in India around the time of 1000 B.C. and w as used mostly as a part of Hindu culture (Snyder, 125). Reasons for why the plant was used are unclear from the texts that are left behind. I would guess that it was first introduced because of the somewhat euphoric state that cannabis can induce. The marijuana was consumed in three different forms in ancient India (27). The first was called bhang, which was made from hemp and was consumed in a drink form. This was mostly consumed by the lower classes and was ingested to relieve one from the stresses of a long days work (Grinspoon, 173). The first of the other two forms was called ganja and was taken from the tops, or bud, of the plants and smoked. The last and most potent form of the marijuana was called charas and is similar to hash. The plant quickly spread from India to other areas of Asia. In China marijuana was called the â€Å"Liberator of Sin† (Fort, 15). The plant soon spread into Middle Eastern areas and permeated into the Muslim religion, most likely be cause the prophetShow MoreRelatedShould Marijuana Be Legalized?988 Words   |  4 PagesMarijuana is the most frequently used illicit drug and has been used by nearly 100 million Americans. According to the 2013 National Survey on Drug Use and Health, about 19.8 millions Americans have smoked marijuana in the past year (NSDUH). The debate about whether or not it should be legalization has resulted in passionate and well-funded organizations on both sides of the argument working to advance their position. Among those organizations, we have NORML (National Organization for theRead MoreMedical Marijuana Should Be Legal1545 Words   |  7 Pagesmedicinal utility of marijuana. However, the federal government opposes passing legislation that would legalize medical marijuana because of its potential to be abused or unregulated. The states are continuously challenging the federal government causing complications in legislation in regards to medical marijuana. Because of its history of medicinal properties and accumulating amounts of state and local legislation, the federal government should decriminalize medical marijuana and legalize its use.   Ã‚  Ã‚  Ã‚  DrRead MoreShould Marijuana Be Legalized?1895 Words   |  8 PagesLegalization of Marijuana There has been a tremendous amount of debates on whether or not to legalize marijuana in the United States. Marijuana has been used and is continuously being used by individuals for medicinal purposes and recreational use. As of today there are only five states in which â€Å"legalized small amounts of marijuana, such as: Colorado, Washington, Oregon, Washington D.C., and Alaska† (â€Å"Marijuana Legalization and Regulation†). 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Marketing Strategy of Viet Nam Toyota Inc Free Essays

string(109) " men took a significant part of using toyota products \(male accounts for 63% and female accounts for 37%\)\." TABLE OF CONTENTS I. INTRODUCTION1 1. Overview Toyota motor Corporation1 2. We will write a custom essay sample on Marketing Strategy of Viet Nam Toyota Inc or any similar topic only for you Order Now Overview Toyota motor Viet Nam2 3. Literature review2 4. Purpose of this research paper2 II. METHOD3 III. MATERIAL4 IV. RESULT5 1. Personal information5 2. Research information6 V. REFERENCE 13 VI. APPENDIX15 * Questionnaire15 INTRODUCTION Toyota motor Corporation, abbreviated TMC, is a multinational automobile manufacturers headquartered in Toyota, Aichi, Japan. The company was founded by  Kiichiro Toyoda  in 1937 as a spinoff from  his father’s  company  Toyota Industries  to create automobiles. Toyota Motor Corporation  (TMC) is the world’s largest automobile manufacturers, selling over 8. 4 million vehicles in 2010 on all five continents. Toyota today has 77 manufacturing companies in 27 countries and markets vehicles in more than 170 countries worldwide, supported by a consolidated workforce of approximately 320,000 people. A very efficient management style that the company uses has been one of the reasons for the firm’s good performance. There are many other salient factors that have made the company achieve the niche of market leader. The market structure the company operates in cannot be definitely stated. Some may consider it to be a monopoly. This is due to the fact that the company is a dominant market player in car exportation. In fact, its differentiation strategy has made it enjoy an almost monopolistic presence especially in the developing nations of the world. On the other hand, the market structure can be seen as an oligopoly. This is due to the fact that there are other key players like GM who are peer competitors. Toyota is keen to see what these competitors are doing and make sure it reacts to their actions in a way that will guarantee its market leadership With their consistency in innovating designs and over a billion dollars spent in advertisement a year, Toyota has become an attraction in the eyes of many auto consumers worldwide. Toyota has built its reputation not only by producing high quality vehicles at affordable prices, but the brand and marketing skills they use through tactful pricing strategies. Toyota has differentiated their prices from the traditional pricing set up of many of the other automobile makers. However, it is their effectiveness in targeting consumers’ needs and wants that has pushed them to the top. Toyota motor Viet Nam ( TMV) was established on September 5,1995 ( official opening in October 1996 ) . In Viet Nam, Toyota is one of the most famous car brands, accounting for a large market share in the market, with many kinds of car that meet the needs of Vietnamese consumers. Joining the automobile market since its initial days, up to now, TMV has incessantly developed both in sales, production scale and labor force. According to Forture magazine’s (Published global business magazine). The key to success of Toyota corporations is not only style quality but also due to many reasons. One of the main reason for success of TMV is that they concentrate on marketing and promotion plan for their products. This is a sound strategy that brings TMV to success. This study will show the importance of marketing strategy of Viet Nam Toyota Inc. METHOD Our 5-year research of Toyota Marketing Strategies in Viet Nam began in the summer of 2005 and ended in the fall of 2010. The subjects were selected from Toyota Ben Thanh, known as the best-selling and the largest agent of Toyota in southern region. This research surveyed 100 people. The major subjects were sales representatives of the agent, staffs of the marketing department and customers. In which, 30 sales representatives were chosen on the following criteria: having good achievement in the agent and receiving good feedback from customers. 70 selected customers were those who had demand of buying car and those who were the agent’s close customers or potential customers. The instrument employed in this study was interviews and survey (questionnaire). A set of 20 questions closely linked to the study was given to each subject. The interview with some random questions was based on subject’s characteristics (e. . job, department, product evaluation, income, etc). This survey took one week to get the feedback for evaluating and judgment. The questionnaire was also performed in online version under the help of Google Docs (https://docs. google. com/) and shared on social network Google+â„ ¢. All collected data was digitalized and statistics were ma de using Microsoft ® Excel and IBM ® SPSS ® Statistics software. MATERIAL Observations were made at customers shopping at the Toyota Company in order to learn the consumers’ attentions on products and their final decisions. The opinions of customers were collected by questionnaire and interview. In the questionnaire, there are two main parts that are personal information section and research information section separated. The personal information part was designed to collect some private information of participants, particularly age, gender, and job. And the research information part which consisted of 20 research questions is divided into 4 main groups as follows: Group 1 (question 1 to 3) was designed to collect some private information of participants. Besides, it is used to define the customer’s demand and finance. From this we can find latent customers of the company. Group 2: (question 4 to 7) was to identify how customers get information about the product of Toyota companies. And we can know the marketing method Toyota company has used that brings the most effective result Group 3: (question 7 to 12) aimed at the opinions of customers after using Toyota corporations’ products. It is not only used to assess the quality, services but also the attitude of the staff. Group 4: (question 13 to 20) was used to get the complain from the customers and what they expect to the products and service in the future. From this we can identify the way to develop the company. RESULT * Part 1: Personal information Chart 1 – Gender Chart 1 indicates the participation of male and female in shopping through the Toyota system. It shows that not only women who have shopping habit but also men took a significant part of using toyota products (male accounts for 63% and female accounts for 37%). You read "Marketing Strategy of Viet Nam Toyota Inc" in category "Essay examples" Chart 2 – Customers Besides, chart 2 displays the percentage of participants’ customers in shopping through the Toyota system in which business and office staffs are accounted for a large percentage (45% of business and 37% of office staffs). Meanwhile, other job also accounted for a considerable portion (18%), in which include singer ,actor, footballer,†¦ etc. * Part 2:Research information Why do more consumers choose Toyota? The same reasons the critics do. Toyota leads the pack in fuel efficiency, durability, popularity and safety. Toyota is the most fuel-efficient full line automaker in America. Plus, Toyota is the number 1 selling brand of hybrids – Toyota has more hybrids on the road than all other manufacturers combined. Moreover, Toyota has the greatest durability of any manufacturer. With the highest percentage of vehicles sold over the past 20 years still on the road among major manufacturers. And Toyota is the first manufacturer to include Star Safety System features standard on all vehicles. That’s just part of the reason why Toyota has more vehicle listed on the top 10 of least expensive cars to insure than any other brand. Otherwise,  Toyota’s received more 2010 JD Power Associates Vehicle Dependability Awards than any other brand. Toyota has the largest number of vehicles on Cars. com’s top 10 American Made Index. Seven Toyota vehicles have won IntelliChoice’s Best Overall Value award for their segments. And Toyota is the highest-ranking auto company on Bloomberg Businessweeks’ 2010 list of the 50 Most Innovative Companies. Chart 3 displays the customers’ criteria of choosing Toyota products which was divided into four main elements: benefit, price, companies’ reputation and quality. Over a half of them was preferred products’ quality (56. 25%) to price (21. 8%), companies’ reputation (12. 5%) and benefit (9. 37%). This finding shows that the consumers’ priority concern was products’ quality which conflicts with their experiences. Market Program This consists of the four marketing mix elements that are designed to fit the market in terms of their needs and ability to access such products and services. * Product Strategy The Company is believed to be moving with a strategy of mass production of which it has enabled it to sell widely in the global market. It has also included the strategy of hybrid product, where it can double the amount of production for the arising needs in the market. * Price Strategy The reputation of the Company has been developed by producing high quality vehicles that can be bought at a reasonable price. The Company has also been using tactful pricing strategies through price differentiation so that they are different from other automobile producers. * Location Strategy Being a global producer and supplier of Toyota automobiles and their components, Toyota Company has positioned itself all over the world giving it a clear cut within the market. Within three years to come, it is working towards the achievement of about 35 percent of the market share, and this will make it to be best and top supplier of automobile products. * Promotion Strategy The Company is determined to use a pricing mechanism that will give it a competitive edge over its main competitors. This is a mechanism that it is using to market itself so that it can get hold of market share that will see it better in achieving the highest level in the market. Marketing Implementation Analysis Toyotas main focus will be in reaching the new markets of China and Europe. It will also be concerned about the competition from other firms like Ford and GM. An advantage the company has is the widely differentiated product range. Establishing new factories in these new markets as well as opening up new franchises will help the company in getting an ease of penetrating the new markets Human resource is one of the most important aspects in this plan. The company should always make sure they have highly motivated staff as this is directly proportional to good production both in the qualitative and quantitative aspects. Toyota can do this by coming up with schemes of rewarding their employees like helping them own cars subsidized rates. The company should also make sure the personnel are the best in terms of technical know-how. The company needs to carry out frequent training towards this end. Tactical Marketing Activities Toyota has taken a bold step in being a leader in sustainable development. This position will need some innovations which translate to expenditure. They are however necessary as a way of staying ahead of competition. The activities the company will embark on are given in chart 4 Chart 4: Tactical Marketing activities Specific Tactical Activities| Person/DepartmentResponsible| RequiredBudget millions of yen| CompletionDate| Product Activities1. Car air conditioning compressor2. DC-DC converters for fuel efficiency 3. Low Exhaust Emission Engine | Production engineers and Product management| 30. 45| 2011| Pricing Activities1. New Technologies2. Compression of Production platforms3. Merger of Assembly points| Operations management| 15. 25| 2012| Distribution Activities1. Opening up of new factory in America and china2. Machine handling3. Logistical operations| Logistics management| 21. 40| 2010| IMC (Promotion) Activities1. Concerts2. Volunteer3Youth Invention club| Marketing manager| 9. 20| 2012| Implementation Plan There are a number of activities that have been projected within a life span of three years and the following representation shows the aspects that have been targeted and within what strategic period of time. Year| To be Achieved| New Targeted Markets (millions)| Cumulative Targeted Markets (millions)| Today (2010)| Working towards hybrid products| 250| 250| 1st Year (2011)| Introduction of pricing mechanism and price differentiation strategies. | 320| 600| 2nd Year (2012)| Enhancing hybrid products by use of new technologies| 370| 970| 3rd Year (2013)| Product differentiation to meet the needs of the market| 420| 1320| REFERENCE 1. Armstrong, G. , ; Kotler, P. (2002). Marketing: an introduction (International edition). New Jersey: Prentice Hall. Retrieved October 7, 2010 from http://www. pearsonhighered. com/educator/product/Marketing-An-Introduction-7E/9780131424104. page 2. Armstrong, G. , ; Kotler, P. (2003). Marketing: an introduction. New Jersey: Prentice Hall. Retrieved October 7, 2010 from http://html-pdf-converter. com/en/convert? u=search-pdf-books. com/philip-kotler,-and-gary-armstrong. -marketing-management. -prentice-hall,-2003-download-pdf-free-pdf/ 3. Chamberlin, P. (2009). Customer service complaint handling. New York: The Gurdian. Retrieved October 7, 2010 from http://www. impactfactory. com/p/customer_service_skills_training_development/issues_936-2103-87287. html 4. Hiroshu O. (2003). Chairman’s message. Retrieved September 30th 2010, from the Toyota company website. http://www. toyota. co. jp/en/ir/library/annual/pdf/2003/chairmans_message_e. pdf 5. Levitt, T. (1975). Marketing myopia. Harvard business review , 26-40. Retrieved   October 7, 2010 from http://www. casadogalo. com/marketingmyopia. pdf 6. Johannes, G. , Bill, K. , ; Plenert. (2000). Finite capacity scheduling: management selection and implementation. New York: John wiley ; sons Inc. Retrieved October 7, 2010 from http://search. barnesandnoble. com/Finite-Capacity-Scheduling/Gerhard-Plenert/e/9780471352648 7. Porter, M. (1996). What is strayegy? Harvad business review , 61-69. Retrieved October 7, 2010 from http://www. ipocongress. ru/download/guide/article/what_is_strategy. pdf 8. Shaffer, J. (2003). Communicating for business results: how to choose and execute communication projects that dramatically help company. Journal of employee communication management , 34-36. . Thomas, J. G. (2001). Business planning: long range and strategic management. Dublin: Black Hall Publishers Ltd. Retrieved October 7, 2010 from http://books. google. co. ke/books? id=MiR2ls7Uyo8C;dq=Business+planning:;source=gbs_navlinks_s APPENDIX QUESTIONNAIRE Name of the consumer: ________________________________ Age: ______ Sex: _______ Address: ______________________________________ City: __ ______________ State: ___________________ Zip: _________________ Telephone: ____________________ Fax: ____________________________ Email: _________________________ 1. In what type of business, industry or profession do you work? (Please check one. ) 0 Agriculture/forestry/construction 1 Data processing/computers 2 Finance/banking/insurance 3 Health care (medical, dental, etc. ) 4 Real estate 5 Wholesale trade 6 Retail trade 7 Other: ______________ (please specify) 8 Communications/publishing/advertising 9 Education 10 Government/public administration 11 Manufacturing 12 Personal/business services (consultant, CPA, lawyer, etc. ) 13 Transportation/public utilities 2. What is your position? (Please check only one. ) 14 Chairman of the Board 15 Owner/Partner 6 Other Company Officer (V. P. , Treasurer, etc. ) 17 Manager 18 Scientist or Engineer 19 Sales 20 Clerical 21 Other: _______________ (please specify) 22 President/CEO 23 Director 24 Department Head 25 Supervisor/Foreman 26 Other administrative position not mentioned 27 Technical Specialist 28 Retired 3. What is your total annual household income? (Include income from all family members and all s ources—salary, bonuses, investment income, rents, royalties, et 29 Less than $30,000 30 $40,000 – $49,999 31 $60,000 – $74,999 32 $100,000 – $149,999 33 $250,000 – $499,999 34 $1 million or more 4. How often do you see the advertisement of Toyota Corporation ? * Once in a day * More than 5 times * Not even once 5. Please state where you first heard about companies. * Infomercial: ________  Radio ad: _______  Newspaper ad: _______ * Internet: ________  Sales agent: ________  Company rep: ________ * A friend: ________  Family member: ________  Other (specify): ________ 6. Did the ad provide relevant information about the product? * Excellent * Very good * Not appealing at all 7. Are the claims made in this advertisement believable? * Very believable * Not believable * Can’t say 8. How is our customer service? Very good * Average * Poor 9. Does the marketing team act like professionals? * Yes * No 10. Please rate your satisfaction with the quality of our products. * Excellent * Very good * Average * Poor 11. Please rate your satisfaction with the delivery system of our products. * Excellent * Very good * Average * Poor 12. Please state the best aspects of our pr oducts ______________________________ 13. Please state the worst aspects of our products ______________________________ 14. List any other features that you would like to see in our services or products ______________________________ How to cite Marketing Strategy of Viet Nam Toyota Inc, Essay examples

Financial Accounting Point Regarding Financial Crisis

Question: Describe about the Financial Accounting for Point Regarding Financial Crisis. Answer: Ethical Dilemma The ethical dilemma analyzed in the case study is that company has faced some volatility because of some current financial crisis and in the first meeting the agenda do not contain any point regarding that financial crisis (Ferrell Fraedrich,2015). Being a member of the Audit Committee, it is his responsibility; there should be proper disclosure of risk of a factor in the financial statement of the company. Being a member of the audit committee of the company, he also analyzed that in the future company can also have some promising debts. In addition to it, it also does not have scheduled quarterly compliance audit on the portfolio loan, which is very much necessary for the lenders as a performance reporting. Then further moving on to the case study, the matter has been reported and been asked for the explanation to the chairman of the audit committee for not including the issue in the report (Zadek et al., 2013). But the chairman of the committee says that the matters have been already discussed with the CEO, and he has advised for not raising the matter of the financial crises in the meeting which is to be held and not to disclose the matter to any other, specially to the lenders of the committee. Further to that CEO has also said that the company will not be signing the compliance of the loan audit. It is so, as the audit is at the request of debt provider and not the committee. Still, after getting explanations, the person from the audit committee is concerned that the providers of the debt will be assuming the lo an compliance are being taken into considerations by the audit committee. Then the statement is prepared according to that because it is known that the leaders of the company are dependent on the favorability of the audit compliance (Doherty Purtilo,2015). Major ethical dilemma involved in the Case study is, not the inclusion of the loan compliance by the audit committee. Audit committee is the one, on whom every is relying for the correct disclosure of the facts and figure of the company. The Audit people is very much responsible for the proper disclosure of the financial statement so they should properly analyze all the aspects and facts of the financial reporting and present the report true to the fact. Disclosure of the financial statement should be done truly because it is the only method for an investor for analyzing a company for investing. The inclusion of the debt portfolio and loan in the company will be depicting limitation in company's position, which may tell the lenders and the investor to the withdrawal of the investment from the company. The company having a large number of debts and loans depicts that company cannot give much return to the investors of the company shortly (Kuntz et al., 2013). The CEO is advising not t o show the loan and debt portfolio by the auditing committee so that the investor can remain in the business for the longer period. But the ethical point should also be considered in disclosing the statements. Due to the ethical dilemma in the organization, many other issues may arise. The ethical dilemma will also create many conflicting problems in the mind of the members of the company. The ethical dilemma creates conflicts in the mind of the people working in the organization. Ethical dilemma ignores the fact of the morality. Ethical points dilemma creates a point of value and morality in the organization. Ethical dilemma stops a member of the company in fulfilling his or her responsibilities and duties true to the fact with all the presence of all the morality in the act. Reference list Ferrell, O. C., Fraedrich, J. (2015).Business ethics: Ethical decision making cases. Nelson Education. Zadek, S., Evans, R., Pruzan, P. (2013).Building corporate accountability: Emerging practice in social and ethical accounting and auditing. Routledge. Doherty, R. F., Purtilo, R. B. (2015).Ethical dimensions in the health professions. Elsevier Health Sciences. Kuntz, J. R. C., Kuntz, J. R., Elenkov, D., Nabirukhina, A. (2013). Characterizing ethical cases: A cross-cultural investigation of individual differences, organisational climate, and leadership on ethical decision-making.Journal of Business Ethics,113(2), 317-331.