IS-130 Chapter 2. Strategic Decision Making^{0}

Toyota, one of the most famous automobile companies, has decided to have to cut so many jobs that many people have in automobile industry. Because Toyota makes a decision to close the plant in Fremont, CA. In according to California officials, approximately 40000 jobs could be lost due to closing Toyota plant.

In this article, it depicts how Toyota makes a market in U.S. about coalition between GM and Toyota. However, GM suffered from global crisis, problem of money, and filing about bankruptcy, so GM had to pull out Toyota. Definitely, it made Toyota decide to close the plant.
It is about forty thousand jobs, employee and their family, but Toyota has to make a decision. As it cannot maintain its plant without General Motors considering long terms.

Likewise, sometimes business managers have to do very big decision. Even it is about their reputation, notorious and others life, they do not have a choice because of preventing more bad situation. Plant lockout in the midst of a global crisis and economic breakdown is business making decision and and it is also a political decision.

If I were a big conglomerate’s manager, I have to make a very big decision frequently. Sometimes it could be related with other countries benefit, or our employees’ job. At that time, how do I do? I thought about that. In these cases, the result is very crucial and cardinal, so managers try to reduce mistakes and errors. Thus, correct making decision is really necessity and indispensability, in light of these things.

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