How can a company pursue sustainable development in order to Dissertation

How can a telephoner pursue sustainable development in request to go to excellence competitive adjoin and financial position - Dissertation ExampleHow can a company pursue sustainable development in order to contribute to excellence competitive edge and financial position? This research explores how companies can support sustainable development to improve their competitiveness in the light of the lessons from Toyota. This study mainly relies on secondary data to gather qualitative as head as quantitative data in order for meeting the research objectives. The findings demo that Toyota strongly supports the impression of sustainable development to gain a competitive edge over its rivals. The sustainable business trading operations have greatly benefited the TMC to improve its competitive edge and strengthen its financial position. Toyota has been successful in fashioning their customers aware of the companys environmental sustainability efforts. The agreement increasingly rel ies on sustainability reports and social networking sites to communicate its sustainability initiatives to the company stakeholders. The emergence of globalization eliminated international trade barriers and thus intensified cross border flow of capital, labour, ideas, and cultures. Evidently, globalisation and the resulted fast industrial expansion contributed to various issues like global warming, climate change, body of water pollution, and increased cipher consumption, which in turn pose potential threats to the long term sustainability of the environment today. There has also been a notable increase in the population growth over the last two decades, and that worsened the condition. Researches indicate that universes current non-conventional energy sources will be admitd out if people and organisations continue to consume the energy at the current rate. Therefore, it is necessary to limit the use of conventional energy sources, maintain water case, and take other environme ntal actions to meet the needs of future generations. However companies like Toyota have adoptive the concept of sustainable development to drive environment-conscious growth and thereby enjoy wider market acceptance. TMC encourages and establishes innovative technologies to edit out the environmental impacts of its business operations and inspires local communities to support the companys environmental efforts. In this context, it is relevant to explore how a company can pursue sustainable development in order to contribute to the competitive edge and financial position. 3. Literature review 3.1 A brief overview of Toyota Toyota Motor Corporation (TMC) is the worlds leading automobile producer headquartered in Japan. The organisation was founded on 28th August 1937 by Kiichiro Toyoda. As of 2010 Toyota employed 300,734 people worldwide to run its business and the company was rated as the largest automobile manufacturer in the world by means of production (Toyota CSR & Sustainabil ity News). TMC is a part of the Toyota Group and currently the organisation has presence in almost all countries across the globe. Since its foundation, the organisation has been particularly focusing on quality because the management believes that quality is the key to brand loyalty. In order to ensure improved product quality, the organisations has substantial extensive production line strategies which can make sure that production and assembly processes are in line with accepted industry standards. According to reports, one of