Toyota firm Toyota firm is the largest automotive company internationally that was developed in 1937 by Kiichiro Toyoda. The company has its headquarters in Toyota, Japan. The first export of Toyota passenger vehicles was made in 1957 in the U.S (Seo, 2011). Toyota Company involves in the production and sale of cars globally. Currently, Toyota does its ventures globally with manufacturing firms being 53 in 28 nations and regions. Toyota’s cars are traded in more than 170 nations and regions. Toyota Company functions via various sectors which include Automotive and financial services. The automotive sector plans produce, joins and sells motor vehicles, trucks and vehicle accessories. Additionally, it engages in the manufacturing of intelligent transport structures (Seo, 2011). The financial segment finances and provides purchase of Toyota passenger cars to dealers as well as clients. Toyota has other sectors as well which deal with telecommunications, design and manufacturing. Toyota Corporation’s corporate social responsibility strategies conceal a broad array of interests among the stakeholders. In 2005, Toyota declared a contribution toward sustainable growth as guiding standards at the firm that considers…

Additive manufacturing Introduction Additive manufacturing (AM), also called 3D manufacturing, refers to the technologies and manufacturing processes that build 3D objects by adding layer upon layer of the material. This method differs from the conventional fabrication processes and has met varied reactions from different business leaders with some being in support whereas some consider the method has no commercial value. There is a challenge in determining the types of products to be fabricated using 3D manufacturing due to the fact that a large diversity of products can be manufactured using this technology. Some factors to consider when selecting these products include: Availability and cost of 3D manufacturing raw materials. Shape and geometry of the parts Conformation to the industry standards Development and post-processing time. AM eliminates the possibility of mass production, therefore, product selection methods such as Design for Manufacturing and Assembly (DFMA) no longer apply. It is important to identify the guidelines to be adhered to in the selection of products to be manufactured using this approach. Discussion In order to build a reference system, it is important to…

Podcast: Manufacturing the Song of the Summer The summer writing camp that produced Rihanna’s album of 11 songs with “Man Down” as the hit song cost quite a large sum of money. The categories of expenses and their approximate amounts are as follows. The actual total song production fee for “man down” was varied in all the categories. Studio Room overhead rental cost 18,000 dollars, writers cost 15,000, producer fee was 20,000 dollars, vocal production wad 15,000 dollars, and song mixing cost 10,000 US dollars. The highest costs were in marketing, with a value of 1000,000 US dollars. The production firms usually feel it’s a necessary investment, but it is, however, a high risk. If a song fails to hit the market in the projected success, the firm counts losses investing a tremendously huge amount of money on indirect payment radio airtime is an unnecessary risk. The production firm should be able to cut this cost by using other platforms that are cheaper and music endorsements. This way, they will be prepared for the worst outcome in case the song…

Social Media Law There are many ways that legal, ethical issue laws are broken on social media. The article focuses on how technology is constantly changing and how this will affect attorneys. Individuals in licensed professions, therefore, have to be competent by watching their social media activity since it may impact their ethical duties. For example, lawyers must be careful when they are trying to gain private information on social media even though privacy rights are not enabled. The state of New York does not allow lawyers to use false information to obtain client data. However, they can use the reasonable means to get the documents they need. Another thing that lawyers should watch is the language they use on social media. They should not use terms that are derogatory to other lawyers or judges. An Illinois lawyer was fired from her role as a public defender for referring to a judge as ‘Clueless.’ She made these statements in a post on her blog. Whatever an individual posts online when they are in the law practice must be ethical. A…

 network effect According to Luther (2015), the network effect is an idea that an increased number of people improves the value of a good or service. An excellent example of the network effect is the internet (Luther, 2015). Notably, when the internet was started, a few people used it; however, after some time, more and more people began utilizing the internet in various ways. Also, as more people began using the internet, they developed more content, information, and services (Luther, 2015). In like manner, the development of websites attracted more participants. The interned increased and experienced more traffic, and as a result, it offered more value and hence leading to the network effect. The network effect can influence the fate of a given technology in numerous ways. For instance, it can lead to improved experiences as more and more people participate as well as it can encourage new participants as they look to benefit from the network. One of the significant negative influences that come with network effect is congestion (Zhang, Guo, Hu & Liu, 2017). For instance, if too…

Memorandum 1             The education system in Afghanistan has been devastated by many decades of political unrest. Completing elementary school is a dream for many Afghanis children. Mainly, this is particularly true for children living in rural areas and girls despite recent strides in raising enrolment. In the remote and impoverished regions of the country, the levels of enrollment are very diverse, and girls experience disparity in access to education. Girls comprise 60% of the estimated 3.7 million children who are not enrolled in school. Lack of female instructors contribute in part, the low enrollment of girls. Just 16% of all the schools in Afghanistan are girls’ schools, with the majority of such schools lacking adequate sanitation facilities and amenities, which discourage many girls from attending schools. Besides, social, cultural elements and cultural beliefs undermine the education of girl child in the country. Because of a lack of education opportunities, underage marriage is very rampant in the country, with about 17% of girls marrying before age 15 years. In some areas, scarcity of schools and inadequate infrastructure, especially roads, hinder…

Global Energy Dilemma The world currently experiences an energy dilemma due to various reasons. One of the primary issues includes the overreliance on fossil fuels and its greenhouse effects. Although the world has depended on the use of fossil fuels as the source of energy for producing electricity, severe environmental problems are arising from it. Besides, there are fears that fossil fuels might diminish in supply, calling for the use of renewable energy sources. However, the current costs of renewable energy, such as wind power and solar power are costly that the majority of the world population cannot afford. Besides, there are problems with the safety of the use of nuclear energy since it threatens both life and peace on the earth’s surface. a) Overreliance on Fossil Fuels and its Greenhouse Effects The world cannot sustain its energy demands without the use of petroleum products. The fossil fuels are pivotal in the supply of electricity, cooking, and running of other areas of the economy, such as manufacturing plants and the motor-vehicles. Since oil is non-renewable, it is possible to exhaust…

accounting software’s for a small manufacturing firm Working for a small manufacturing firm with an office of three staffs, I would recommend the following accounting software’s because they are easy to use. Sage 50/cloud QuickBooks enterprise Zoho invoice Fresh books Account edge Sage50 cloud I would prefer to use this traditional accounting software since it is incorporated with advanced feature with high degree of customizability. With strong inventory ,reporting and unique accounting tools such as cash flow management is easy to see the software has been so popular .However sage 50cloud has some faults .This accounting software is easy to use and less expensive than any other software’s this accounting software provides more efficient and useful accounting functions and report. Following is the pros   of the software Double entry accounting Numerous feature Ample accounting report Zoho Invoice software Zoho invoicing is accounting software for small business that is purposely designed for small business owner’s .This software is basically useful. This package is useful in making online extensive reports and generating customization of invoices, email integration and barcode stickers. Pros It…

Computer and Peripheral Equipment Manufacturing Computer and peripheral equipment manufacturing industry is one of the leading industries in technology and innovation in the global economy, and the American companies in this industry have a large market share. The main driving engines of the industry are innovations and inventions (1). Smartphones, laptop and desktop computers, tablets, the internet of things technologies, network technologies, and other information and communication tools are produced in this industry. Digitalization of information and analysis of large data sets are some important developments in this industry nowadays. Also, we observe that many companies are spending effort on developing materials used in electronics. For instance, developments in the field of energy storage and production might open new doors for improvement in the industry. Subsequently, it is quite possible to claim that there is no upper limit of development in this industry.   Considering that innovation has a very crucial role in competition in this market, this market is a monopolistic competitive market. Rational customers in the market follow the technological development, and they aim at purchasing the possible…

car manufacturing companies I will choose car manufacturing companies. The car manufacturing organizations of UAE have stated using the total quality management strategy, which has primarily helped to improve the productivity of the companies. Moreover, people of UAE are fascinating about buying new and expensive cars which signifies that the car manufacturing companies are running a highly profitable business there. Thus, targeting car manufacturers as insurance clients can be useful for me to run a profitable business there. Reasons for choosing the car manufacturing companies as target companies are as follows: The car manufacturing business is a trendy business there with a scope of high profitability. Thus, targeting them as a client can be beneficial. Adding insurance with the motor vehicles can be a significant business strategy insurance company and the car manufacturing company The tax relaxation for automobile companies ensures a more profitable return