IB BUSINESS MANAGEMENT HL, Paper 2, November, 2007, TZ0, Solved Past Paper

Goal plc, a South American football club, is facing challenges with its performance and financial stability. Despite having a motivated team, the club has won very few games, leading to concerns about relegation and financial issues. The management is considering three strategic options to improve performance and attract more spectators, each with different costs and potential returns based on economic conditions. These options include buying new players, building a new stadium, or renovating existing facilities. The decision involves evaluating the potential impact on team performance, financial returns, and stakeholder satisfaction, while considering the risks and uncertainties associated with each option.

This question revolves around Toyota, a leading multinational car manufacturer known for its innovative approaches to production and market expansion. Toyota's growth strategies, operational methodologies, and global presence are central to understanding its success. The company has expanded its market share both domestically and internationally, employing advanced manufacturing techniques and a strong focus on customer satisfaction. The question explores Toyota's use of Ansoff's Matrix to strategize growth, its status as a multinational corporation, and the advantages of overseas production. Additionally, it delves into the various factors contributing to Toyota's worldwide success, including its operational efficiency, human resource practices, and marketing strategies.