Category: Crisis Management
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Toyota in Crisis: Denial and Mismanagement
Introduction At present, Toyota faces challenges caused by production globalization, market development, and increasing product complexity. In 2009 due to a pedal problem, Toyota recalled millions of automobiles because of unintentional acceleration and inability to manage the crisis. A quality problem for a brand that has been renowned for its reliability resulted in enormous litigation.…
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Company Analysis: Pepsi Crisis Management
Pepsi was lately embroiled in an argument over an advertisement published in April 2017. Kendall Jenner, a white model, appeared in the commercial handing cops a can of Pepsi to terminate what seemed to be a Black Lives Matters demonstration (Bowers et al., 2017). Individuals immediately took to social platforms to ridicule the commercial for…
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Crisis Management During Terrorism Threat
Crisis management has become an appreciated device for preventing and dealing with emergencies and adverse situations in business. However, some branches of the economic sectors still consider it unnecessary, such as suppliers in the automobile industry (Burns & Marx, 2014). Unfortunately, such an approach might be destructive not only for the suppliers but also for…