Extra Credit 2

Extra Credit 2 - do more physical check up on vehicles...

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Vanessa Reapor Managerial Accounting February 17, 2010 Extra Credit #2 “Toyota to Boost Testing Disclosure” According to Norihiko Shirouzu of the Wall Street Journal, Toyota Motor Corporation is in the process for checking the reliability of their cars and publicizing “incremental changes to cars already on the market” (Shirouzu). This push for this new procedure is due the company’s extreme cases of recalls. “In the late 1990s and early 2000s, the company streamlined the vehicle development process, skipping steps, to save time and money” (Shirouzu). Now to deviate from their problems, Toyota plans to
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Unformatted text preview: do more physical check up on vehicles, “especially in areas with direct bearing on safety” (Shirouzu). Toyota’s problem and action plan is motivated by their slight fall in ethics. It is highly important to maintain and improve ethics in business because it reflects in the company’s integrity and credibility. Thus if a corporation, like Toyota fails to uphold any part of their ethics they have a higher chance of operating less efficiently. Citation: Shirouzu, Norihiko. "Toyota To Boost Testing, Disclosure." Wall Street Journal [New York] 16 Feb. 2010, sec. B. Print....
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