Medicaid Essay Essay

As I comprehended Medicaid are those individual considerations administrations which are major, non-intense administrations gave to encourage beneficiaries who require help with the exercises of day by day living to stay in their home or network, keep up their present wellbeing status and forestall, delay, or limit crumbling of their condition. Individual consideration administrations are planned to enhance care gave by a recipient’s family or essential parental figure, not supplant it. Administrations might be given in the home or in setting outside the home, when vital. The legislature played a functioning job in the economy during the 1960’s and 1970’s. So as to animate the economy, they ran yearly financial plans in a cognizant endeavor to spend more than they gathered in income. Spending, expansion, and spending shortfalls were seen as determined endeavors in extending the economy. Thus this application Medicaid was made in 1965. Medicaid is a social program which gives wellbeing and clinical help to families with low earnings and assets. Medicaid is financed by both the Federal Government and individual states. Each state is liable for building up its own rules which must include: neatness, measure of administrations to be accessible, pace of installments for administrations, and controlling its own projects. These conditions fluctuate from state to state and are liable to change on a yearly premise. The capabilities of Medicaid beneficiaries may vary as per each state’s rules Medicaid is the biggest program run by the Federal Government and states that helps low salary families that can not in any case bear the cost of the significant expenses of medicinal services. Medicaid pays for additional administrations for which Medicare doesn't. Medicaid rules fluctuate rely upon each state. Medicaid data is open at your neighborhood locale social administrations, interests or Department of Human Services Offices. In numerous states, Medicaid takes care of administrations and costs Medicare don't cover, including professionally prescribed medications, symptomatic andâ preventive consideration and eyeglasses. In certain states, Medicaid charges purchasers modest quantities for specific administrations. In New England, for instance the shortfalls are making government chiefs go to cuts in numerous basic zones, including wellbeing office financial plans. The states are in the purpose of settling on troublesome choices that will absolutely have deadly effects on the human services framework. The Congress should bolster momentary financial alleviation to help the state through this spending emergency. Through financial year in 2003 Budget Ax hit Medicaid for second time, roughly every state has focused on medical coverage programs for poor people, old and debilitated to adjust cut off spending deficiencies, and 66% of those states are on their second round of such cuts. One of the explanation states are focusing on Medicaid programs for cuts, is on the grounds that social insurance programs are the well on the way to be over spending plan. A suggestion of wiping out social insurance inclusion for around 300,000 low salary guardians by bringing down the qualification ledge from 100% of the neediness level to 61% was held in California. Additionally New Jersey has begun the eliminate induction for short benefits guardians in the state’s joint Medicaid. Tennessee has just actualized changes that will annul medicinal services treatment for somewhere in the range of 160,000 and 250,000 grown-ups and youngsters. Oklahoma legislators have acknowledged slices to Medicaid that will rapidly cause around 80,000 youngsters, grown-ups, seniors, and incapacitated individuals to be dropped from inclusion, just as close to disposal of the state’s plan. More than one fourth of grown-up Medicaid enlists have in any event one ceaseless condition. They frequently complete the process of taking clashing meds. Florida is a genuine case of intensely touted cost investment funds are demonstrating tricky in a few expresses that have attempted the methodology. There are such huge numbers of poor and crippled individuals on Missouri’s Medicaid program that would contribute to their clinical expenses under one cash sparing measure proposed by Governor Bob Holden. He suggested $280 million in spending cuts and reserve funds and a piece of it to changes identified with the Medicaid medical coverage program. The greater part of the Missouri’s Medicaid beneficiaries don't pay for doctor’s visits, albeit many do pay co installments on professionally prescribed medications. The Missouri Medicaid Programâ provides human services access to low pay individuals who are 65’s or over, visually impaired, crippled, or individuals from families with subordinate youngsters. The Missouri Medicaid program is mutually financed by the national government and Missouri State Government, and is controlled by the State of Missouri, accused of organization of the Medicaid program is the Division of Medical Services, a division inside the Department of Social Services. The state likewise has a restricted clinical help program which is supported with General Revenue and Blind Pension reserves. In Washington, said that 66% of the states are cutting Medical advantages, expanding co installments, limiting qualification or expelling needy individuals from the moves as a result of taking off expenses and plunging incomes. Another review of every one of the fifty states, finds that 16 are cutting Medicaid benefits, fifteen are confining or decreasing qualification and four are expanding the co installments charged to recipients. Medicaid gives human services to in excess of 40 million individuals, at a yearly expense of more that $250 billion. The government and the states share cost, which rose 13 percent in the last financial year, the greatest increment. Washington State and Oregon invested wholeheartedly in growing Medicaid and other wellbeing programs 10 years prior, however now are grappling with the unlikable option of whether to cut advantages or end decipherability for certain beneficiaries. In California, proposed reductions that would evacuate almost 500,000 low salary guardians from Medicaid, and state authorities state much additionally sparing will be required. New Jersey is diminishing inclusion for low salary guardians, by obnoxiously dropping the best benefits for new candidates. In Connecticut, the oversees, as of late arranged taking out inclusion for a huge number of guardians in family units with wages from 100 percent to 150 percent of the lack level. States are giving some adaptability in giving inclusion to its destitute residents due to the expense of the Medicaid program is shared by the state and national governments. A person who is picked in South Carolina isn't really qualified in another state. South Carolina pays its doctors among the most reduced Medicaid expenses in the nation, which is particularly hard on specialists who treat a high extent of patients who are tried out the program. Medicaid is now the biggest and the fastestâ growing component of most state financial plans. This had made it a practical objective of cost cutting endeavors that about each state is currently attempted to compensate for enormous spending setbacks. A few states like South Carolina, have included, Medicaid cuts as a feature of no matter how you look at it spending decreases. Others, for example, Indiana and Illinois, have explicitly focused on their Medicaid programs for decrease of a huge number of dollars. There are numerous explanations behind variety in Medicaid inclusion and consumptions, these varieties impetuses that are inalienable in the government coordinating recipe. Be that as it may, they likewise mirror a state’s capacity to pay for these administrations, its political way of thinking toward government assistance families, and its ongoing endeavors to grow inclusion to pregnant ladies and kids. The states settle on various choice with respect to inclusion and advantages in both intense and long haul care. Medicaid financed together by the central government and the states, is the significant establishment of medicinal services subsidizing for the low benefits populace in the United States. While states include impressive adaptability inside government rules, Medicaid programs contrast across states in the quantities of network they spread and the sums they spend lavishly on administrations.

Hypothesis Identification Article Analysis Essay - 1

Speculation Identification Article Analysis - Essay Example t about nine of every 10 respondents are in the red, with vehicle installments, charge card adjusts, home value advances, credit extensions and understudy advances as the most widely recognized obligation types. Greenwald’s inquire about was likewise used to stress that Americans are in â€Å"debt denial† wherein certain divisions would not consider home value credit extensions, obtaining cash from a relative, late bills and charge card adjusts as obligations. Considering these, the article featured the American dependence in the red. McGuire, at that point continued refering to Kerry Geurkink’s explanation that focused on the bombed endeavors at teaching Americans on appropriately dealing with their funds. The point made was that, Americans are snared paying off debtors in light of the fact that most imagine that it is inside their control while a developing number recognized â€Å"irresponsibility† as a factor. This contention further investigated how Americans befuddle, deliberately and subliminally, â€Å"wants† from â€Å"needs.† This, for McGuire, met up with the perspectives of privileges that power individuals to consider things, for example, the web and satellite TV as necessities. There is a stinging analysis in the last expressions of the article that stated: â€Å"People appear to be unsatisfied†¦ in spite of the fact that individuals have more.† In accordance with the acknowledgment of the speculation that was recently advanced, McGuire rebuked her perusers that individuals should quit thinking in regularly scheduled installments and that they should settle on insightful choices with their buys, consumptions and obligation securing. She likewise concurred with Geurkink that individuals should spare and pay off obligation simultaneously as retirement presently goes on for quite a long time and that Americans are required to foot a greater amount of the bill in the midst of an ascent in the â€Å"cost of advanced education, clinical consideration and, up to this point, lodging †far outpacing expansion. All things considered, this article is a report in excess of a direct report. It scrutinized different examinations so as to introduce the focuses that the creator needed to pass on. In any case, there is the speculation

Portfolio Manager Resume Examples, Template, and Resume Tips

Portfolio Manager Resume Examples, Template, and Resume Tips A Portfolio Manager is a professional in charge of controlling the client’s funds and assets, advising on investments, tracking the activities on the market and reacting accordingly.He is responsible for providing the best financial plan for a client or a firm he works at.Portfolio managers are usually former financial analysts who gained experience over the years while working in the financial sector or administration.This job requires great financial, mathematical, economic, and accounting skills and knowledge which are gained throughout formal education in advanced Math and economics.The Bachelor degree is a necessary starting point, but when you are applying for a portfolio manager work position in a company, besides work experience which is a must, it is more than preferable to have a master’s degree in the financial field of study.A portfolio manager is experienced in working in finance, administration, accounting and other economic fields of work, which is why he is capabl e of responding to quick and sudden market changes.Besides that, he is familiar with potential market behavior, which makes him a perfect person to access and dispose of client’s funds, money â€" assets.Portfolio managers know how, when and whether to invest in something, because of the calculations they are capable of making.They are much desired to have in a company or as a consulting partner, because they can analyze potential peeks, ups and downs on shares and stocks, prices of the certain products on the market, etc.Even though there are very few firms that have their own portfolio manager or pay for consulting with a portfolio manager, the need for them is growing every year because it was shown how much their work and analysis improve the financial wellbeing of the company.Since this job is intended for responsible people with big expertise in the financial field, it is very important to have an appropriate résumé that will most effectively describe your competence and ab ility to work as a portfolio manager.Soon, we will go through all the important items that one portfolio manager résumé requires to be noticed and considered when you apply for this job.Portfolio Manager Resume Example Right Portfolio Manager Resume Sample Right Create your own resumeBEST WAYS TO PLACE YOUR RESUME ON TOP OF THE RESUME PILENow that you’ve seen examples of some impressive resumes, you obviously have a more precise vision on how your resume is supposed to look like in order to beat the competition.Even though practically every resume is written by the same concept and following the same form, the portfolio manager has many responsibilities that can result in serious money loss if not done wrong.That is why it is necessary to pay attention to some of these items you are supposed to put in your resumes.Your resume is supposed to be written on a single piece of paper, possibly 2.I know it sounds practically impossible to put your whole life on that piece of paper, with all the qualities and qualifications you have gained throughout your mature life.I believe that is why so many people fail to write an adequate resume and thus present themselves in the best possible way to get the job they are applying to.Being aware of the situ ation, there is no need to panic because we will provide you with the best tips and advice on how to complete your ‘skill passport’ in the best way there is.As you could see, every resume consists of some basic information, such as personal info, education, and work experience. In addition to that, there is a section intended for your skills.Leading the text, you will also see examples of inadequate forms of your personal details, but right next to them they are going to be the right examples and forms of your info.Let’s check an item at the time.Your nameYour name is the elementary thing people want to know about you.It’s your mean to get your identity, documents, and jobs.When writing a resume, you should write your real name and last name.Even though explaining this can seem a bit meaningless, there are always some mistakes that can be made when listing this info.So, as we said, the only right way to do it is to write your real name and last name and to use capital letter s, of course.It is also okay to put your middle name, or simply the capital of it.Your name is your first step to an acquaintance, a job, information etc., so make sure you write it right.Michael Shell or Samuel Jones RightMike Shell or Sam Jones WrongYour professionWhen writing a resume, remember that the main focus is actually your profession.Since this is very important information you are providing in your CV, make sure you put it after writing your personal info.Make sure that the job you are applying for is similar to your profession. I know this also sounds like something that is logical and obvious, it is very important to mention because it is not just going to leave you out of the job, but you will probably be ridiculed too.So, to sum this up, when applying for the position of a Portfolio Manager, make sure you have a bachelor degree in Finance, Economics, Accounting, Data Analysis, or other fields of expertise related.It is also necessary to have several years of financ ial experience, where you worked for example as a Financial Analyst.Risk assessment, using models from excel, analyzing the market behavior, tracking shares and stocks, etc., are actions you need to be familiar with when applying for a Portfolio Manager position.Since Portfolio Manager’s job description is to react timely, recognize the market’s behavior, track values of stocks and many other things related to finance, it is welcome for a potential Portfolio Manager to have a master’s degree in finance-related sciences.This would simply be great leverage you’ll gain compared to the other applicants.If you are not sure whether you are qualified for the job, you can check Portfolio Manager: Education Requirements and Career Info to make sure and to get some information about licenses related to Portfolio Management.Financial Analyst or Bachelor Degree RightMechanical Engineer or High School Diploma WrongYour photoIt is clear that what’s written in your resume is the most i mportant thing when being an employer looking for a Portfolio Manager, but let’s face it â€" the first thing the employer sees when he looks at your resume is your photo.So even though the text speaks for you and works for you, your photo has to support your experience.If you claim to be well-organized and precise, there is no way your future employer will believe you if he sees your photo and notices you haven’t shaved that day or that your shirt is not ironed.When presenting yourself as someone who is in control of big amounts of client’s money, you, by all means, can’t look like a lost cause, incapable of taking care of yourself, let alone thousands of dollars.Men, make sure you are freshly shaved, with a neat haircut. There is no need for bags under your eyes, so get some rest before taking your resume photo.When it comes to clothing, the most desirable outfit consists of a shirt, tie, jacket, and pants. Make sure your belt is appropriate and that there aren’t any stri king patterns on your clothes. Just keep it subtle.When taking your resume photo, you should pay attention to the background and body posture.It’s acceptable to cross your arms in front when on the other hand holding your arms in your pockets is completely wrong!If you put on a big smile when taking the resume photo, you are presenting yourself as frivolous and not eligible for the job.You don’t have to put on a serious face, but there can be a discreet smile that shows your niceness.Women need to pay attention to their makeup. There should be makeup on your face, of course, but discreet â€" no tacky and striking lipsticks, no dark eyes, no too much blush.Your hair needs to be neat. You can make a bun or blow-dry it to have a certain form.When it comes to dressing up, it’s completely unacceptable to show cleavage, wear dresses and skirts above your knees, or wear sleeveless shirts.The best outfit would be a shirt and a jacket, combined with pants or a skirt of an appropriate l ength.Even though these things can’t be seen if you take your resume photo right, it is worth mentioning when going to an interview for example.Your resume photo should be in the right upper corner of your resume paper, being slightly bigger than your passport photo.This is all you need to know regarding your resume photo.Photo instructionsDiscreet natural smileDiscreet makeupNeat hair or a bunFormal clothesShaved or well-shaped beardSimple backgroundCrossed arms RightPhoto instructionsSmile too bigStriking makeupMessy hairEvening, casual clothesMessy beardColorful backgroundArms in the pockets WrongYour telephone numberIn this section you can put in your current work number, your private number, home or mobile, or you can write a special phone number you got for this purpose only.When providing your future employer with your phone number information, make sure you check if you put in the correct number and keep in mind that you are expecting an important phone call which is why you need to be next to your phone in every moment possible.This information is very important to be written in your resume because a company’s HR is not going to call just to give you specific information about the job you applied for, but will also just call to hear your voice, see how you react to the element of surprise and evaluate your communication skills.When you work as a Portfolio Manager you spend most of the time on the phone with clients, people who give you information on the potential stock rate, etc.Your addressEven though this information is not an obligatory field in a resume, it can help when applying for the job of Portfolio Manager in case a company where you applied decides to send you a letter of admission or a congratulation package.Either way, it is up to you to decide whether you will share your address or not in your resume.If you decide to name your address, make sure you write your house number, street, city, country, and postal code, preferably in thi s order.Your e-mail addressSince the business world is quite busy, especially in the world of investments, funds, trading, and risk assessment, e-mail is the best way to communicate.It simply gives you enough time, space, and means to express yourself, whether you are an employee or an employer.When putting info about your e-mail address, you have to make sure that it doesn’t look like spam when arriving in someone’s inbox.So, pay attention to how your e-mail address looks like. Follow this example.michael.shell@yahoo.com Rightmikey1984@yahho.com WrongThe point is to use your full names, avoid numbers and nicknames, thus keeping the impression of a professional and eligible person for a job you are applying for.THE NOVELTY OF SOCIAL MEDIA INFORMATION IN RESUMESMost of the social networks we use are intended for fun and amusement, but some social network platforms are made for business purposes.The most popular business social network is LinkedIn. This is an account you want to give information about in your resume.LinkedIn allows you to put as many references as you want and to share the content you find interesting or worth sharing. It’s kind of like your business account.On the other hand, Facebook, Twitter, and Instagram are meant for fun and communication with people far from you.The content you share there is casual and private so make sure your profile is adequate for sharing in your resume.Your Facebook and Twitter accounts are optional, a LinkedIn profile is welcome, but Instagram is unnecessary and unprofessional.When naming your social media accounts make sure your usernames are also professional â€" named by your real name.facebook.com/KarenThomas Rightinstagram.com/fancykaren WrongNUMBER ONE SUMMARY FOR GETTING THE JOB OF A PORTFOLIO MANAGERYour summary is your short autobiography.In this section, you are supposed to sum up your work experience and some main skills or talents you have that can improve your work as a Portfolio Manager.Make sure to stay concrete and focused on essentials like education and work experience. There is no need for writing more than 3 to 5 sentences about your previous achievements.You will surely write more detailed about your qualifications and skills in the next sections, so there is no purpose in elaborating it twice.A summary is actually your summed up resume and is there for your future employer to read it to bring to mind your resume after he had already considered it once.This section requires a lot of care and precision, carefully chosen words and a chronological timeline of your work experience and education.You also have to pay attention to mention all the important things and jobs you have done during your advancing in Finance and Economics you studied.ABCS OF LISTING YOUR WORK EXPERIENCE IN YOUR RESUMEThis may surprise you but ‘the more the merrier’ doesn’t apply to writing a section about your work experience in your resume.As a student you had probably worked various s eason jobs like dog-walking, carrying newspaper, selling ice cream, etc.These jobs show your capabilities, skills, and responsibility, but they didn’t contribute to your knowledge and expertise in Portfolio Management.That is why there is no need for mentioning them in your resume you are using for applying as a potential Portfolio Manager.Even if you had worked in some smaller companies or hedge funds, there is no need in mentioning it if you had worked in a bigger and stronger company.If you are applying for a job in a big investment firm or a bank, no one will bother reading 3 pages of your resume saying that you worked part-time for an unknown firm 10 years ago.This may be a bit confusing, so feel free to read some more on how far should you go on a resume.YOUR EDUCATIONAfter years of working in Finance, Economics, and Accounting, no one will judge your performance and achievements on your high school or university.As mentioned above, you need to have a proper degree in econom y-related fields of study, but an employer’s main focus will be on your work experience and results.Of course, better universities are more welcome but more important is your master’s degree.When you start to list your education institutes, write some things that show that you were prominent.This section is simple. All you need to do is say when and where did you study what field and what degree did you get when finishing it.When naming institutions you can say in which city and country they are located.MUST HAVE SKILLS FOR BEING A PORTFOLIO MANAGERThe work of a Portfolio Manager can sometimes be stressful because of the inability to control happening on the market.When things that can’t be controlled happen, your client can lose a great amount of money, which can result in him yelling at you, for example.All these situations require certain capabilities, such as calmness, politeness, multitasking, efficiency, and good communication skills.When applying for this job, you have to show great cognitive skills, intelligence, the quick and proper reaction to a certain problem and providing with an eligible solution.A Portfolio Manager needs to how to react timely to a newly created problem, but most importantly he needs to be experienced enough to notice all potential market changes and best investment manners.Since you can’t become a Portfolio Manager without previous work experience, you have to be ambitious, hard-working and devoted to the work you do.It is not rare for Portfolio Managers to be a part of a bigger team, so you have to be a team player to get this job.ADDITIONAL TIPS ON HOW TO MAKE YOUR RESUME FOR A PORTFOLIO MANAGER OUTSTANDINGUse bulleting. When there are things you want to number, like in a Skills section, the best and clearest way to do it is to use bulleting for the things you want to list.By using this, you will also shorten the sentences and save the room and time of a reader.Font. The font is very important when writing a resume. Y ou can use some tools like Italic, Bold, or more elegant fonts, but you have to keep it simple enough for the reader to stay focused.If you overwrite or over decorate your resume, it won’t look appealing.Carefully choose templates. No one expects you to make your own resume template because there are many available for different kinds of professions.If you didn’t like what Microsoft Word has to offer, try looking for a proper resume templates here.Find the optimal size of your resume. There was already a mention of the proper size and text amount in the Portfolio Manager resume, so to sum it up, let’s review.Your resume should be written on approximately 2 pages with mentioning only the most important things in your career and education.The sentences should be simple, well-written with essential information.Follow grammar regulations. This one is very important.I advise you to go through your resume a few times and check for grammar mistakes such as spelling, verbs, punctuatio n, etc.Your grammar mistakes can leave you unemployed since writing is one of the basic means of communication.It can also show if you are educated properly.Avoid telling lies. Of course, your resume will look better if you lie here and then, but imagine the embarrassment you will live to see if you are asked to speak in Italian on your Portfolio Manager’s job interview because it says in your resume that you are fluent in Italian.There is actually an easy way to spot a lie on a resume.If you are lying to your potential employer, how can your client trust you with his money and trust your judgment in investing and managing his money?CONCLUSIONThe Portfolio Manager’s job description is given in order to clear some things up and provide a certain insight into the job.All of us know how hard it can be to choose what to note in your resume, on what things to pay attention to, how to decide on which photo to put in, etc.Luckily, we made this guide for you to enhance your chances of g etting the job of a Portfolio Manager.We covered every section from the resume form, gave tips and directions on where to find some additional guidelines regarding writing a resume and explained what to focus on.Good luck writing your Portfolio Manager resume and trust that your resume will be placed on top of the resume pile! Create your own resume

Failure Usually Stops You Is The Fear Of Failure - 1186 Words

Failure seldom stops you. What stops you is the fear of failure.--Jack Lemmon Jack* was a financial analyst for a large company in Washington, DC. After a few years, the director of his department decided to leave so her position became open. Jack considered applying for the job, but his fear of failure in managing others overwhelmed him. Despite his reservations, he decided to apply and ended up getting the position. Less than a year later he was fired for his failure to manage effectively. He was out of work for three months, which coincided with the birth of his first son. At the end of those three months he got a new job working as a financial analyst for a company he likes much more and that is located only two miles from his home. In the end, Jack realized he was not cut out for management yet but he didn t regret trying it out. He believes being fired was a blessing in disguise because he was able to spend valuable time with his son and find a new job he enjoys. A new manager in her early 30s was running a small group of client service representatives to service an institutional clientele at a financial services firm. One of her new employees had become very difficult-she was demanding, acting entitled, was trying to pick and choose her work, and was creating resentment among colleagues. This was the manager s first challenge in confronting employees whose behavior had become counterproductive. Knowing that she had to speak with the problem employee, but neverShow MoreRelatedDont Fear Change Essay examples1215 Words   |  5 PagesWhat are you afraid of? Many people are afraid of many things such as death, heights, bugs, or public speaking; but the fear of change ranks high in the list of things that trigger anxiety (Radwan). Is there a reasonable answer why people neglect change nowadays? In fact, there is more than one answer to this question. Change has become such an important aspect of our everyday life that it is impossible to ignore. 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He is loving, caring, understanding, and we usually have a fun time together. He’s also special to me, because he’s a great support system to me. He’s helping me realize I don’t need to let others opinions about me reflect how I feel about myself. He’s also a great help with getting on me aboutRead MoreThe Most Common Fear Children Have Growing Up1241 Words   |  5 Pageswhen home alone. Those are common fears that children have growing up. What is fear? Does everyone have fear? Does fear control one’s life? Can fear be controlled? Fear is something everyone experiences in life. Fear is a part of life. According to the Oxford Dictionary, â€Å"fear is an unpleasant emotion triggered by the belief that someone or something is dangerous, likely to cause pain, or a threat†. Fear is experienced by everyone, and it is an unavoidable emotion. Fear can be overwhelming, especially

Porphyrias Lover And My Last Duchess Comparison Essay

Comparison between Porphyrias Lover and My Last Duchess Browning had a place with the Victorian Age, an age where adore coincided with disarray, religion, and distress. Taking care of business, Browning is a writer of affection. His works delineate the different shades of feeling, regardless of whether it is the smooth stream of perfect otherworldly love in The Last Ride Together or the complexities of brain and nature of affection in Porphyrias Lover and My Last Duchess. To draw an examination between Porphyrias Lover and My Last Duchess, it is vital to comprehend the consistent theme between these two ballads. Both are sensational monologs in which the beau portrays his story of adoration and distress. While in Porphyrias Lover we†¦show more content†¦My Last Duchess is about an individual from the respectability conversing with a minister concerning his keep going spouse, who later on in the sonnet is uncovered to have been killed by the individual talking, who is going to wed his second wife. Porphyrias Lover gives an understanding into the brain of an uncommonly possessive significant other, who slaughters his partner keeping in mind the end goal to catch that impeccable snapshot of empathy (Afsari 12). Porphyrias Lover utilizes a rotating rhyme plot amid the greater part of the ballad aside from toward the end. The entire ballad is just a single stanza long, and each line in the stanza includes eight syllables. In My Last Duchess, the Duke takes a gander at the artistic creation of his last duchess and trails off to the past. He talks about the admirers of the Duchess excellence and the coy responses of the Duchess of them. At that point, he talks about how he closes this by executing the Duchess. In My Last Duchess, the speaker is passed on as being controlling, pompous, malevolent, and whimsical. The Duke hints at desire and over-assurance towards his first spouse. Then again, the storyteller in Porphyrias Lover is depicted as who has put some distance between realities, somebody obviously crazy. There a couple of clues that this character might be desolate and pulled back. After Porphyria goes into the room he is in, theShow MoreRelated Robert Browning Poems: My Last Duchess and Porphyrias Lover3774 Words   |  16 Pagespoets of the Victorian age. His two poems I am working from, My Last Duchess and Porphyrias Lover, are just samples of his eminent work. Browning wrote a range of monologues when living in Italy with his wife, Elizabeth Barret. Dramatic monologues are the basis of the essay. I will discuss whether (or not) each poem creates a character who reveals himself in what he has to say. My Last Duchess is a monologue spoken by the Duke. He talks about his relationship

Chemistry Lab Report Water Hydration Introduction Free Essays

Chemistry Lab Report Water Hydration Introduction: A hydrated crystal or hydrated occurs when water becomes tightly attracted to a metal salt base on it’s polarity. The water molecules maintain integrity as molecules, however they are considered to be part of the formula of the hydrate. When the hydrate metal salt crystal is heated, the attractions to the water are broken by the heat energy and the water escape from the crystal. We will write a custom essay sample on Chemistry Lab Report Water Hydration Introduction or any similar topic only for you Order Now After heating the salt crystal is called as anhydrous, which means without water. Many of the salt contain transition metals such as cobalt that is colorful (purple). Often the color of transition metal like cobalt’s color will change as a function of how many waters it is attracted to. Compounds containing water (H2O) of hydrated are written with water separate by a dot (. ). This (. ) means for hydrated metal salt there are how many number of moles of water bound to each mole of that metal salt. Research Question: The aim of this experiment is to calculate the number of moles of water bounded to each mole of cobalt chloride ( CoCl2. H2O). This cobalt chloride hydrated may be monohydrate with 1 mole of water attracted to cobalt chloride. It may be dihydrate, trihydrate, tetrahydrate or pentahydrate; your task is to determine which one you are given. Hypothesis: If cobalt chloride were heated until there is no further lose in weight, 6 moles of water would be lost from 1 mole of salt. Therefore it is predicted that there are 6 moles of water in this reaction. Materials (Apparatus): 1. 3 gram of cobalt chloride 2. Evaporating dish 3. Tongs to hold the evaporating dish 4. Ring stand 5. Iron ring 6. Clamp 7. Bunsen burner 8. Matches 9. 40. 20 g size of the crucible 10. Digital balance/ g 0. 01 11. Clay triangle 12. Gloss rod Procedure: 1. Place an empty crucible on digital balance by uncertainty of 0. 01g 2. Measure the size of the crucible without salt 3. Add 3 gram of cobalt chloride to the crucible 4. Measure the total size of crucible containing cobalt chloride 5. Take the crucible containing salt, place it on the Bunsen burner by tongs. Place crucible on a clay triangle and iron ring to protect the crucible from falling. 6. Gently heat the crucible by Bunsen burner 7. Use a gloss rod to give a movement to cobalt chloride to crystalized. 8. Record time for salt crystallization 9. Stop heating when cobalt chloride crystalized 10. Wait for few second for crucible to cool down 11. Place and Measure the anhydrous crucible by digital balance 12. Using calculation find the number of moles in this reaction. CoCl2 . nH2O CoCl2 + nH2 Data Collection and Processing: Process| Observation during the experiment | Changes in color | As we started heating the crucible containing CoCl2. H2O , the color of the CoCl2 started to change from violet purple to dark purple and the blue in 6 minutes and it is because of water evaporation. Appearance of the salt during heating | After 3 to 5 minutes, as water was evaporating and reaching its melting and boiling point, salt began to bubble. At the beginning of heating it was powdery solid then it changed to liquid and at last solid again. Volume of salt decreases because of lost of molecules. We waited for 10 minutes until it cooled down. | Calculations: Raw data collected Mass| Grams | Uncertai nty /g  ±0. 01| Crucible| 42. 20 g| 0. 02 %| Pure H2O | 1. 36 g| 0. 73 %| Pure CoCl2| 1. 66 g | 0. 60 %| | | Total uncertainty | | | 0. 08 %| Find the masses: Crucible + CoCl2. H2O = 45. 23 g Anhydrous = 43. 86 g Mass of pure H2O = 45. 23 – 43. 28 = 1. 36 g Mass of pure CoCl2 = 3. 02 – 1. 36 = 1. 66 g Find the uncertainty: CoCl2 = 1. 66 = 0. 01 = 0. 60 % 100 x H2O = 1. 36 = 0. 01 = 0. 73 % 100 x Crucible = 42. 20 = 0. 01 = 0. 02 % 100 x Total uncertainty: 0. 02 % + 0. 60 % + 0. 73 % = 1. 3 % 100 = 1. 3 = 0. 08 % 6 x Find the percentage of water: % Water = weight of water in sample * 100 Original weight of sample % 45. 03 = 1. 36 *100 3. 02 Find the number of moles: CoCl2 . H2O CoCl2 H2O 1. 661. 36 1. 66 * 18 n = 1. 36 * 130 29. 88 n = 176. 8 g 130 18 n n = 176. 8 / 29. 88 n = 6 moles CoCl2 . 6H2O CoCl2 +6H2O Conclusion: From this experiment, I investigated that my hypothesis is fairly accurate as I predicted. Therefore it is concluded that through empirical formula, the degree of hydration is hydrated CoCl2 was determined to a relative degree of accuracy. It is determined to be approximately 6 moles of water bonded with 1 mole of CoCl2 and giving: CoCl2 . 6H2O. Evaluation: Our experiment was fairly close as the ratio was 1:5. 9. However, the ratio achieved through this experiment was, while approximately accurate to the accepted literature value of 1: 6, not so precise tat this ratio could be assumed to anything greater or lesser than 1 significant figure. This anomaly can be explained by acknowledging some errors within the experimental process. While the determined degree of hydration was not perfect, and indeed to find the current rather elaborate ratio a degree of rounding was still required, it was still reasonably accurate. Some errors can be: 1. Over heating of the hydrated cobalt chloride can result in burning the anhydrous compound of cobalt chloride, therefore contaminating it with oxygen and alerting the mass present in the crucible. This could lead to varying degrees of inaccuracy. 2. Base on the fact that cobalt chloride is hydrophilic means; it will absorb moisture from atmosphere. Therefore, the experiment should be conducted in a dry, well-aired lab to avoid as little absorption as possible. 3. In contrast to burning the anhydrous compound, the heating could have failed to completely remove all the water or revise it; it may over heated that also effect on the accuracy. Improvements: There are several ways to improve this experiment. The key improvement to this experiment would probably be to decrease the intensity with which flame is applied to the crucible. This reduces the possibility to reduce overheating, and increase the period of time spent dehydrating the sample to ensure a slower, more through and less intense dehydration. Another improvement can be using a lab, which has the suitable location for this experiment. At last, have a expert partner or teacher to tell u, when stop heating the crucible can improve the accuracy of constant mass to achieve. 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Toyota Motor Corporation Essay Example

Toyota Motor Corporation Paper A competitive advantage occurs when organization can offer customers greater value (lower price, additional services and benefit) over competitors in its marketplace (Make 2011). Strategy is a key assisting tool for a firm in any industry to gain the competitive advantages. Business strategy is the long-term purpose and positioning of the organization within its industry (Miser 2014). Today business environment is more complicated and more regulated especially in developed countries than in previous business era. A genuine strategy is always needed when business create a distinctive way ahead, against the influence of the environment by applying whatever core resources and competencies it belongs (Miser 2014). The firm seeks sustainable competitive advantage through these distinctive capabilities. In this severely violent business world, the automobile industry is extremely competitive, with many large organizations trying to influence their competitive advantages to achieve the majority of market share and position (Business Wire Inc. 2013). This paper is to study the US automobile industry for Toyota Motor Corporation (Toyota) using five forces analysis that was developed by Michael Porter to identify competitive opportunities and attractiveness effectively within market or an industry. The framework for Porters five forces analysis consists of these competitive forces such as the threat of new entrants, the threat of substitutes, the buyer power, the supplier power and rivalry among the competitors (Porter Bibb). These five forces shape the strategy of organizations (Porter Bibb). We will write a custom essay sample on Toyota Motor Corporation specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Toyota Motor Corporation specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Toyota Motor Corporation specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The automobile industry analysis enables Toyota to understand what forces determine profitability of the automobile industry, what is the current absolute and relative profitability of the industry based on these forces, how these forces re changing and expected to change, and how those changes affect future profitability (Miser 2014). 2. Industry Overview Page 5 The automobile industry is one of the most essential economics sectors and industries. It also represents 3 to 3. 5% of GAP, and creates one in every seventeen jobs in the United States (US). The number of car production in US is almost 2. 7 million and that represents 4. 9% of world production in 2011. The first place of global car production is held by China (24%) and followed by Japan (1 1. 9%) (Worldliest 2014). The US market represents twenty three ere cent of global number of sales of light and passenger vehicles as in term Of 16. 5 million sales units (Euler Hermes Group 2014). The trend of customers demand in a car m anufacturing industry is varied with prices of product or gasoline, per capita disposable income, and advancement of technology in vehicle production (Euler Hermes Group 2014). For example, during past five years, the growth of environmental concerns and dynamic increase of the fuel prices have shifted the preferences of consumers away from fuel- guzzling pickup trucks to more fuel-efficient and smaller cars. As a result, nonusers highly demand more felicitating vehicles. In this century, a company which can innovate and produce more fuel-efficient vehicles than competitors gains competitive advantages and market shares (N com 2013). Apart from that, product innovation can stimulate demand in regard with more fuel-efficient vehicles such as electric models and hybrids than in the past. Nowadays people are more interested to invest on the car that are fuel efficient. Moreover, vehicle prices are tied to materials and equipment costs. For instance, the higher steel and prices raise purchasing costs, and also retail rice. The affordability for consumers is determined by per capita disposable incomes (Gnomon 2013). Increasing income level and incentives makes users more affordable to buy motor vehicles. Besides that, the number of financing companies in automobile industry increases significantly over the last few years. Due to this, the number and range of automobile loans are increased and that make industry demand stronger (Gnomon 2013). Furthermore, , according to Michael Porter (1980), instabilities of economic conditions such as material shortages, labor supply shortages; strikes, and purrs in demand can influence the profitability of almost all businesses in an industry for short-term period. Porter (1 980, p. ) also says: While such factors have tactical significance, the focus of structural analysis is on identifying the stable, underlying characteristics of an industry-its economic and PEP PROBLEM Page 6 technological structure that shapes the arena in which competitive strategy must be set. Whether the success or fail of a competitive strategy, it depends on how a firm relates to its environment. The main aspect of the firms environment is he industry in which it positio ns and operates (Make 2011). The effect of industry structure is eve strong in defining not only the rules of the competitive game but also the strategies potentially available to the organization (Porter 2004). The available potential is not equal for all industries especially in profit potential. Over time, there will be the movement on the structure of industry gradually, and organizations will have unique weaknesses and strengths in dealing with structure (Porter 2004). Therefore, it is crucial for all firms that the strategy analysis must be started through understanding industry Structure (Porter 2004). In today modern society, automobile is one of the most convenient transportation equipment. As a result of globalization, foreign auto dealers are able to enter American market easily, and thus, competition is stronger and stronger in the market. The US automobile industry is mainly dominated by the big three domestic automotive manufacturers such as General Motors, Ford and Daimler Chrysler (Shinny 2012). However, the foreign car manufacturers, Toyota and Honda are the biggest competitors in this industry (Business Wire Inc. 013). Due to the higher oil prices, movement towards green technologies, and the global economy, the more fuel efficiency and technological innovation like Hybrid vehicles are being demanded among consumers (Shinny 2012). This is a great opportunity for Toyota to increase market shares by innovating and producing high technological and more fuel efficient vehicles. 3. Toyota Motor Corporation Toyota Motor Corporation is a Japan-based auto manufacturer which was founded in 1937. The main business engine of Toyota is producing and selling different types of cars and vehicles which suit to different size of households ND corporate uses around the world. Toyota also sells the related parts and accessories to meet the markets needs and wants (Gnomon 2013). The primary market areas of Toyota Motor PEP PROBLEM Page 7 Corporation are Japan, Europe, North America, and Asia. Toyota, Lexus, Hon, and Dadaists are current brand of Toyota Motor Corporation, the leading auto manufacturer, which competes in the automobile industry and also is the eighth largest company in the world (Toyota Bibb). As of March 31, 2014, the annual revenue of Toyota Motor Corporation was 25. 69 trillion yen, an increase of 16. % compared to the last financial year. Operating income before tax increased from 1. 32 trillion yen in 201 3 to 2. 29 trillion yen in 2014 due to the major factors Currency fluctuations of 900 billion yen, marketing activities of 1 80 billion yen, and cost reduction efforts of 290 billion yen. The consolidated vehicle sales increased by 245,369 units from 2013 and the vehicle sales totaled 9, 1 16,033 units in 2014 (Toyota AAA). Industry analysis empowers an organization to develop a competitive strategy that leverages the competitive forces in its favor and best defends against hem (Clark 1 991 Understanding the sources of the competitive forces is essential to develop a competitive strategy (Make 201 1). From this understanding of these competitive forces, the company can emphasis areas where industry trends indicate the greatest significance as either opportunities or threats (Industry analysis and competition: porters five forces 2014). 4. Porters Five Forces on Automobile Industry When the rates of return are higher than the adjusted free market return, it spurs the inflow of capital into an industry either through additional investment by existing competitors or through new entry. Michael Porter (1980, p. L ) stated that the strength of the competitive forces in an industry determines the degree to which this inflow of investment drives the return down to the free market level, hence the ability of firms to sustain above average returns. The state of competition in an industry depends on five basic competitive forces. Porters five forces is a framework that analyses how five key competitive forces affecting the profitability level of an industry and shaping the competitive strategy Of a firm (Porter Bibb). Moreover, these five forces determine the structure of an industry too. The weaker the competitive forces in the industry are the more profitable it is. An industry With high PEP PROBLEM Page 8 buying power and supplying power or few buyer and suppliers but many substitute products, weak barriers for entry and competitors will become aggressive and strongly competitive, and thus, not so attractive because of its low profitability (Gnomon 2013). Evaluating companys competitive position in the industry and identifying the weakness and strengths that maintain and strengthen that position is the major duty of every strategist (Clark 1991). Porters five forces model, the analyzing tool, is very useful to develop the strategy of company in enhancing its long-term profit as it discloses how powerful each of the five forces is in a particular industry (Industry analysis and competition: Porters five forces 2014). This model can provide an analysis of IIS automobile industry competitive nature in details and assist in assessing the strength of competitive and the position of the company in the market. A successful competitive strategy is also a purpose of the attractiveness of the industries in which the firm competes and of the firms elated position in those industries. Porters five forces are the threat of new entrants, the threat of substitutes, the bargaining power of buyers, the bargaining power of suppliers and the rivalry between the existing competitors (Porter Bibb). 4. Threat of new entrants All entry barriers can and do change the conditions of industry. In the auto industry, economies of scale increased extremely with post-war automation and the successful new entry is being stopped due to the vertical integration in the market. Economies of scale are very hard to be achieved by small companies. Company strategic decisions mainly impact on entry barriers if the changes of entry bar riers are beyond a companys control (Grungy 2006). Therefore it is very important for every company in any industry to understand the level of threat for entry. The main factors contributed into a barrier to entry caused are an initial capital investment, switching costs, financial prudence, government policy, unregulated technology matters or the role of buyers and suppliers of the particular industry. The automobile industry is protected by the high barriers of entry to introduce new products. There are very few new players who could successfully venture into the automobile industry because of the large amount of capital investment requirements PEP PROBLEM Page 9 to set up producing facilities and a distribution network. Moreover, the achievements of existing global major competitors from economies of scope and scales cause difficulties for a new entrant in offering competitive price. In auto industry, the brand equity is one of the most significant barriers for new entrants. Due to the issues of reliability, durability and safety are important, consumers made the decision based on the impression of a model on the manufacturers previous performance on these issues (Shinny 2012). Therefore, the reputation and image of the brand is extremely crucial to customers. These are one of the factors makes a new entrant difficulty in competing. In order to overcome this barrier, it takes many years for a new entrant in building a strong enough reputation and image to be competitive. Since Toyota is the well-known Japan car brand, large size, and unshakable market presence in various segments, Toyota gains a competitive advantage over new entrants in the automobile industry (Baggage 2001 In addition, the age sum of capital is required for initial investment. It is very costly and risky to enter a car manufacturing market as the competition between the companies is very intense and the well established companies dominated the market. In US car manufacturing industry, the big three domestic companies (General Motors, Ford and Daimler Chrysler) hold the most Of the market shares. US Government Even if new entrants could achieve the market share with bringing innovative ideas and products to the industry, they may expect to face high retaliation from existing companies. However, some players may have special skills or resources that aid them to overwhelm barriers to enter an industry more easily and cheaply than most other players. As a result of the increasingly global nature of economy and emergence of foreign competitors who belong to the capital, management and marketing skill and technology, there is an increase in the threat to the domestic industry. In the case of Toyota entry to US market, Toyota can use the cost advantage of the Toyota Production System (TAPS) to plunder into US market. The tactic of the TAPS system is less of everything usage: less human effort in the factory, less investment tools, less manufacturing and storage space by using Just-in-time system, and half the engineering hours to develop new products compared to European and American manufacturers (Takeover Petersen 2006). The commitment of Toyota to quality, fuel PEP PROBLEM page 10 efficiency, and low cost made Toyota cars more demand and preferable than German and American cars. As an evidence of increasingly global nature, the table of global car production rates can be seen in Appendix 1 . . 2 Threat of substitutes All firms in an industry are broadly competing against each other by reducing substitute products. Substitute products and services limit the profit potential and attractiveness of an industry with the cap of price level. As the price-performance trade-off offered by substitutes became more attractive, it became more difficult to gain the industry profits. The US industry trend s indicate that a significant part of car demand is taken by the used car market as the consumers still have a confidence with the used car. In order to gain the market share from the used car industry, Toyota has narrowed the price gap between its own automobiles and the used cars with TTS ability of efficient price cutting system. Substitutes often became more active as long as the industries development became more competitive and causes price reduction or performance improvement. The factors contributed in the search of substitutes are switching costs, price, quality, government regulations, tax policies, government grants and subsidies (Monteverdi Tech 1982). Currently, an example, the U. S government is promoting solar heating by granting the research funds and tax incentives. In addition, there are the effect of safety and pollution standards on relative cost and quality of substitutes. A shift towards a knowledge economy and rise of online system reduce the need for a two or more vehicle household. According to the Center Of Automotive research, current the number of cars at 2. 1/ household will be the highest point and it is estimated to drop the level to 2. Peer household or less by 2025 (Shinny 2012). The result of this research also highlighted that the market opportunities of US domestic companies rely on segmenting into market which supplies alternative transport or hybrid vehicles with low cost (shinny 2012). Another risk to become substitutes is an availability of several alternative hypes of transportation such as trains, buses, bicycle, planes or motorcycles available. These _ probative Page 11 substitute transportation almost always cost less and sometime are more environment-friendly but rarely offer the same level of convenience. . 3 Bargaining power of buyers As buyers have an ability to bid down prices, play competitors off against each other, and demand higher quality or more service, buyers are the representatives of a competitive force. The conditions making buyer powerful are a number of characteristics of its market situation and how important its arches is by being viewed as an industrial level. The Lager volume Of purchase relative to sellers sales become, the m ore powerful buyer group will be (Grungy 2006). In the auto industry, most of the buyers are individual and the bargaining power is higher for corporate or governments who usually buy large fleets compared with individual consumers. Moreover, consumers will easily switch to other suppliers if industry products are standardized and undifferentiated, and the switching cost is also reasonable low (Monteverdi The recent trends of automobile industry indicate that the consumers are seeking more fuel-efficient cars as the impact of the rising oil prices. This also results in an increase of hybrid cars demand because it offers cheaper alternatives for operating the vehicle (using battery to run the car if the running speed is under 60 to km) together with higher expectations of product quality (Takeover Petersen 2006). Moreover, since there are plenty of choices for buyers in car industry, the bargaining power of buyer is quite strong and buyers can easily choose other car brands. Buyers can also use alternative types of transportation with low cost. In addition, buyers are price- insensitive and their decision in buying vehicle is impacted by the vehicle cost (Sudsier 2001). However, Toyota implements the cost cutting practices in its production system to offer the price that the buyers expect to pay and to locate its products into a more advantageous position compacted to its competitors. It is proven by the number of Japan brand sales in US auto industry in Appendix. 4. 4 Bargaining power of suppliers page 12 Suppliers can exert a competitive force on an industry because they can raise prices or reduce the quality of the goods they supply. Increasing price can enemies profitability of an industry due to failure to recover cost increases in its own prices. The factors influencing buyer power have inverse effect on the power of suppliers. If supplier market is monopoly or only limited choices available for buyers, there will be considerable influence on prices, terms and quality (Sudsier 2001). The suppliers in the automobile industry have low bargaining power and are likely to be smaller than manufacturers. Therefore, numerous suppliers rely on one or two auto manufacturers to purchase the majority of their products. On the other hand, while the automobile supply equines is fragmented, they supply vital parts for car manufacturing and most of automobile manufacturers rely on the timely operations of supplier and stellar quality (Shinny 2012). Based on this fact, it is very common in signing long-term legally binding contract between supplier and manufacture accompanied by strict quality and standards. If a supplier either does not meet the standard set by the car manufactures or charge the price more than carmakers are willing to pay, auto manufacturer can easily find another supplier and even move its supply chain towards the cheaper supply markets n a different country (Monteverdi Tech 1982). For example, U. S automobile manufacturers outsource some parts of their product to be produced in China where the labor cost is cheaper than U. S. In the case of Toyota, more than ten different companies from U. S supply the goods to Toyota. The quality, cost and delivery of the products are the major qualifications that the company must have to be a Toasts supplier. If suppliers cannot comply with those basic standard set by Toyota, it is difficult for them to survive because losing the big manufacture like Toyota can stop heir whole operation and create financial difficulties as well. Therefore, strong relationship with the suppliers becomes one of the competitive advantages of Toyota. 4. Rivalry between the existing competitors The most of tactics used during rivalry between the existing competitors are price competition, product or service innovation, advertising battles, better customer benefits package, and increased customer services or warranties. Conditions that PEP PROBLEM Page 13 cause rivalry occurs are one or more competitors who see an opportunity to move up position in the market, industry pressure and an opportunity to expand the market share (Porter Bibb). In the automotive industry, the rivalry between existing competitors is very strong. There are a moderate number of competitors in this industry. As a large amount of initial capital investment, a firm would incur huge losses if it would decide to leave the auto industry. Therefore, a firm usually stays in automobile industry for the lifetime or leave the industry if it bankrupts. In the situation that the existing manufacturers will not leave industry easily and new entrants will also come in, it blows up rivalry among competitors in the auto industry. Competition is also fuelled by the changes of markets needs and expectations on quality, cost-efficiency and price. In automobile industry, especially in US, the higher consumer expectations and anticipation for the lower price is, the stronger competitive rivalry becomes (Seventy 2012). Offering high sales discounts by Big Three companies puts an additional pressure on Toasts costs cutting strategies and efficient production. 5. Recommendation Based on the above Porters five forces analysis, the some recommendations for Toyota are as follow: Focus on innovation and technology of fuel-efficient vehicles like Hybrid as true differentiation strategy according to Porters three strategy model. Expand market to rapidly developing countries by introducing products as per markets needs and want. Innovate advance technology for fuel economy, for example, conventional gasoline-fuel engine Improve the value chain to provide the wide range of customer services in order to persuade new consumers and increase brand loyalty. PEP PRIMPED page 14 Move the manufacturing facilities to Asia where Toyota can get cheaper cost for labor and factory expenses. Increase innovation and production of energy saving and environmentalists products. Focus on product quality to maintain brands image Keep on learning and improvement on manufacturing systems for efficiency. Emphasis on Americanism product design, manufacturing and marketing to expand market share in US automobile industry. Enforce compliance (laws and regulations) and actively participate in social contribution activities as a one of the missions of Toyota safety first. Manufacture more running cost-efficient vehicles at a relatively low price to follow the trend of US automobile market. In conclusion, Porters five force model provides a picture of the industry thin larger economic frameworks, especially with regards to the global economy and necessary changes that must occur in manufacturing. It helps organization to develop strategies for profitability by understanding five forces that shape competition. This will also put Toyota and US industry on a smart trajectory towards success. Moreover, Toyota must sustain its competitive advantages in global and US automobile industry such as strong brand, TOM, value chain, fuel-efficient (hybrid) vehicles and wide range of product offering to retain its position and achieve future success.