Toyota Motor Company Business Plan by cee-cee

This paper explains that Toyota Motor Company's future strategic plans are divided into three categories: a one-year plan (short-term), a two-year plan (mid-term) and a five-year plan (long-term). The paper points out that the one-year plan includes the apparition of new products, finding ways to cut costs and executing already planned growths, and that the two-year plan (mid-term) is an extension of these strategies. The paper then relates that, in the five-year planning strategy, Toyota Motor Company considers new opportunities, such as expanding the international division, diversifying its product line, improving their technology and becoming a friendly environmental company.