It is in my opinion that Toyota Car Manufacturers have a very strong competitive advantage meaning that they are able to outperform their rivals as commonly measured by the attainment of profits above the industry norm. The reason why I believe Toyota have a competitive advantage are as follows;
Pooling of Toyota’s resources and capabilities leads to wards their unique and distinctive competencies, the first being Efficiency. As efficiency is the quantity of inputs to produce a certain output. I believe that Toyota as very high levels of efficiency due to in many manufacturing plants across the globe, with more manufacturing plants Toyta has increased the efficiency of their production also increased the avaialability of their products.
Quality, within the car manufacturing the most salient form of Quality is the ganrunatee of safety, in this respect Toyota have edged out a strong competitive advantage through this focus and determination to achieve the higest leves of safety thoughout their ranges of cars. Derived from world leading safety technologies, all Toyota vehicles provide dependable safety. Automotive safety is one of the factors that is given top priority in their car making. To this end, Toyota are working on R&D activities to produce vehicles that will perform at the highest level of safety and ensure comfortable driving under various conditions. As Toyota vehicles are delivered to customers around the world, safety technologies are developed from a global perspective and this further reason to motivate why Toyota have a competitive advantage.
The third key elliment to support Toyotas Competitive advantage is their High levels of Innovation. Toyiota was the first company to make avalaible at a global level a hybrid ...