Our business practices and activities based on this core principle created values, beliefs and business methods that over the years have become a source of competitive advantage. These are the managerial values and business methods that are known collectively as the Toyota Way. รข"Fujio Cho, President Toyota (From the Toyota Way document, 2001) CONTENTS CONTENTS3 ABSTRACT3 INTRODUCTION5 TOYOTAS MISSION AND VISION6 TOYOTAS PHILOSOPHY7 GUIDING PRINCIPLS OF TOYOTA8 five MAIN PRINCIPLES OF TOYOTA8 THE 14 MANAGEMENT PRINCIPLES OF TOYOTA OR THE TOYOTA WAY9 MANAGEMENT PRACTISES OF TOYOTA14 Knowledge counselling:14 Lean management:15 Environmental management:15 THE TOYOTA takings SYSTEMS (TPS) OR LEAN PRODUCTION16 BENEFITS OF LEAN PRODUCTION:18 TOYOTA AND ITS SUSTAINED GROWTH:18 CONCLUSION... If you want to get a profuse essay, order it on our website: Orderessay
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