Strategic Management

[Writer's Name]

[Institute's Name]Strategic Management

Introduction

Now those days seem like long gone eras, when the corporate sector and the competitive arena would only comprise of a handful of companies in a particular sector and relish the monopoly and the attainment of the major chunk of the customer base. With common people having few options or choices to satisfy their imbedded and augmented needs, the producers or the manufactures would savor the indefinable taste of kingship over the pertinent needs of the common population. However, as said before, those days are long gone, and now the world, courtesy the endowment of globalization, and every increasing competition, coupled with advanced technology, the monopoly has broken down, as the world has paved for new players, who cater to the needs of the consumers with respect to their own operations and resources. Earlier, what was relished by the producers is now enjoyed by the consumers. Bearing in mind the underlying connotations that are attributed to the specifications of the increased competition, it can easily be assimilated by a naïve yet cognitive mind that in order to ensure the survival in this brutally competitive arena, a company needs to render a comprehensive overview of its strengths , weaknesses, pertaining opportunities and vicious threats, and devise the strategies accordingly. Somewhat similar is the case with the world renowned automobile company Toyota, which apart from being a significant and compatible figure in the automobile industry, needs to be fully aware of its own capabilities and the dynamics of the industry, which it longs to rule.

Thesis statement

The profound strategies and astute capabilities of the workforce of Toyota will guide Toyota through the race of global triumph.

Opportunities

In the context of not only the corporate sector, but primarily of the strategic planning and management, the opportunities are revered and graded as the external chances, which may be of critical significance and may play a pivotal role in enhancing the current performance of the firm, in the given dynamics of the respective industry, which may eventually pertain to the maximizing of market share, sales and eventually the overall profits.

Toyota's Opportunities For Moving Forward In The Competitive Automotive Manufacturing And Sales Environment

As mentioned in the previous section, over time Toyota has brought itself to a position, where not only does it enjoy and benefit from the utter reverence among its consumers, but relishes a dignified and competent position in the respective industry. Therefore, bearing in mind the previously stated connotation, it is highly imperative that the relevant and pertinent opportunities that gaze the company straight into its eyes, for the lucrative chances to be capitalized upon, are assimilated in the context of moving forward in the competitive automotive manufacturing and sales environment .

With respect to the factor of opportunities, there are numerous aspects that render utmost chances of progress and moving forward in the competitive automotive world and sales environment, not only in the American region, but also the European realm. For instance, in the past years, ...