Operations and Business Systems Management (OBSM) - Business Studies Essay

Operations and Business Systems Management (OBSM) - Business Studies - essay Exampleny prioritizes some competitive criteria, according to market tendencies and concentrates its efforts to get a competitive localise relating to union (Santos et al., 2000, 2). The above issue was also examined by Rand (1999) who found that ane of the most important advantages for a keep company that operates in the modern market is visibility which was defined by Rand as the capability to see and to pull in the condition of the revenue-producing carry through as the revenue plan unfolds the condition of the process is determined by the crops position in the supply chain relative to the actual demand, i.e., the process is in good condition if the product and all of its components can be moved from their location in the process through the balance of the process in time to meet the date the product is scheduled to be shipped (Rand, 1999, 97). The above issues have to be considered when evaluatin g the corporate strategy followed by a company within a incident industrial sector. In this paper, Toyota is used as a sample firm in order to investigate the level of intensity of corporate strategic plan as it is usually structured in most manufacturing companies around the being. The particular elements of the above companys strategy (i.e. the most significant parts of its strategic plan) are hence used in order to test the companys ability to achieve its targets with a modified reference to the process types and layout types that the company has chosen to use within the borders set by its strategic plan. Finally, the potentiality strategy adopted by the organization is identified and evaluated taking into account the companys inherent and external environment and mostly its competitors both in the local and the global market.Toyota Motor Corporation is one of the most significant corporations in the automobile industry. The company was founded in 1894 and has soon become one of the worlds leading competitors in its area of