Toyota Motor Corporation has a huge Market share in Zambia but the strong Yen  against the Kwacha has had an adverse impact on the sales of Toyota vehicles in  Zambia. In Zambia, Toyota is grappling with competition from the Chinese car  makers, whose latest models are popular with Zambian buyers. Further the Chinese  currency has remained stable relative to the Kwacha.  Required: Draft a report outlining the measures you would recommend for Toyota to implement  in Zambia in order to maintain it’s market share.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Toyota Motor Corporation has a huge Market share in Zambia but the strong Yen 
against the Kwacha has had an adverse impact on the sales of Toyota vehicles in 
Zambia. In Zambia, Toyota is grappling with competition from the Chinese car 
makers, whose latest models are popular with Zambian buyers. Further the Chinese 
currency has remained stable relative to the Kwacha. 
Required:
Draft a report outlining the measures you would recommend for Toyota to implement 
in Zambia in order to maintain it’s market share.

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