Project Investigates Factors Related To Fuel-Myassignmenthelp.Com

Question: Discuss About The Project Investigates Factors Related To Fuel? Answer: Introduction The following study is based on the role of fuel factor influencing sales of Toyota cards in accordance to the geographical areas in Australia. The increased availability and affordability of cars in Australia inspires Australians to travel further than was possible before. The organization Toyota has been performing the operation for a long time in Australia. Thus, it thinks of the sustainability of the environment where it makes the most of its profits. However, in the recent time, it has been observed that organization face a stiff challenge in its operation and selling. This is only because of the shortage of fuel or the unavailability of fuels in Australia. The organization observes a slow growth in sales. The study investigates the factors related to fuel crisis that have strong impact on Toyotas sales. Project Context The research is conducted on the factors associated with fuel availability in Australia that is largely affecting the sales of Toyota. The research is supposed to investigate the fuels by the geographical areas of Australia. The purpose of the report is to measure the type of fuels available regionally across Australia. The fuels are differentiated with the type such as petrol lead, petrol unleaded, total petrol, diesel and others. The fuel is differentiated based on the geographical areas like VL, QLD, SA, WA, TAS, NT and ACT. It has been identified that the use of fuel in these regions has been different. The use of this fuel has been more or less and this is based on the demand in that market. The demand and supply of fuel does not remain in each market. As put forward by Valadkhani and Smyth (2016), Australia, in the coming years are going to suffer oil crisis shortage, crippling suppliers of petrol, diesel within the coming years. It was also studied in the existing report that Australia did not have long-term contracts in place for the supply of crude oil that is further refined into fuel products. Therefore, due to the shortage of these fuel products, the car selling company like Toyota suffers from a significant loss in terms of sales compared to the performance observed in the previous years. Due to the shortage of fuel products, the growth in petroleum industry is limited (Fishman, Washington Haworth, 2014). According to Australia Bureau of Statistics, petroleum and coal products manufacturing is stopped for long. No location for manufacturing the fuel items has been implanted. On other side, the sector also did not any growth in the employment. As the consequence, the exiting car manufacturing company like Toyota suffered a significant crisis of demand. The study examines the fuel factors on the basis of geographical areas affecting sales of Toyota in Australia. Project Proposal Background and problem definition Many car manufacturing firms like Ford and Holden, Toyota is on the verge of stopping its operation in Australia. According to the financial report published in 2016, the overall income of Toyota dropped to 23% to 486.5 billion (toyota.com 2017). In addition, the scenario indicates that coming scenario is not favorable for the organization. The loss could have been adjusted by applying new strategies. However, the shortage in fuel products is the major external challenge faced by the organization in the recent time. The customers are going through the anxiety of crisis of fuel products and the price of fuel products are also increasing. As the consequence, the customers do not dare to make investment in new cars. Aims and Objectives The aim of the project is to investigate the role of fuel factors affecting the sales of Toyota based on the geographical areas in Australia. The project also highlights geographical fuel challenges affecting the organization. It has been studied in the existing report that the country Australia has been suffering from the shortage of fuel products. Like every other car manufacturing organization, Toyota has also observed a significant loss in its operation. In order to analyze the reason for such occurrence, each of segment operation of Toyota has been reviewed. The operation is segmented based on geographical areas, by the types of cars and type of fuels. In order to make the analysis, the data has been collected from secondary sources such as journals, annual reports, published blogs, peer-reviewed articles, newsletter and other sources. Geographical operation of Toyota in Australia The supply and demand of fuel is based on the type of vehicles available in that market. According to the Australian Bureau of Statistics, sales of vehicle in New South Wales in 2011 were nearly 675,152, followed by 562,844 in Victoria and 653,400 in Queensland. Likewise, in 2015, the overall sales of vehicles in NSW were around 776, 171 and around 632,496 were recorded in Victoria (Abs.gov.au. 2017). Queensland and South Australia have also observed a significant increase in the sales of vehicles. On the other side, the report also indicates almost 84,401 heavy rigid trucks were recorded in New South Wales in 2011; in Victoria, it was nearly 777, 339 and Queensland recorded 69, 292. This figure was changed in 2015 because the sales of heavy trucks increased (Abs.gov.au. 2017). Regions Sale of Vehicles (2011) Sales of Vehicle 2015 Sales of Vehicle 2016 New South Wales 675,152 20,622 21,450 Victoria 562,844 26,160 26,779 Queensland. 653,400 21,060 20,784 Table 1: Sales of vehicles geographically (Source: Abs.gov.au. 2017) Graph 1: Sales of vehicles geographically However, Sang and Bekhet (2015) mentioned that the among the car manufacturing companies in Australia, Toyota is well developed and progressed in its transition to sales as well as distribution organization and will prolong to become a strong force in Australian market. Differentiating by car types As Australia is regionally different, the types of vehicles and their availability have also been different. According to the report provided by Australian Bureau of Statistics, two motors vehicles on registered were 6 in 2015 in NSW; in Victoria it was 5 only and in Queensland and South Australia, the numbers were such as 7 and 4. In 2016, the numbers remain the same (Abs.gov.au. 2017). This scenario indicates that sales of two motor vehicles have not been effective in Australia market. On the other side, 3 estimated average age of motors vehicles in NSW in 2015 were 11. 2; the city Vitoria recorded 11.7 and in Queensland, it was around 10.6 (Abs.gov.au. 2017). This figure has not been very effective in last two years, as the figures remain the same for three consecutive years. The plug-in hybrid developed by Toyota gained the popularity because such type of cars can be charged with external power source like 15 amp electric outlet with the capacity of recharging time about 100 minutes (Toma Naruo, 2017). Such hybrid model of cars works as the substitutes of fuel, which is limited in the existing market in Australia. It has been observed that Toyota has been selling hybrid vehicles for more than eight years, which has strengthened the market position. After the global trail, Toyota in the recent time, has been observed to be continuing its leadership with this technology by manufacturing its hybrid Synergy Drive system. Differentiating by fuel types The sales of vehicles have been observed to be different even if they are differentiated with the types of vehicles available. According to the Australia Bureau of Statistics, the number of leaded were around 250,854; like the unleaded were around 11,801,876; petrol were around 12,052,730, diesel were recorded to be 1,464,429 and others were nearly 297,948 (Abs.gov.au. 2017). Likewise, the number of campervans based on leaded petrol were around 8,337; based on the unleaded 9231; based on the petrol were around 17, 656 and based on the diesel were around, 30,629 (Abs.gov.au. 2017). This strategy certainly helped the organization to burn the fossil fuels and being the leader in the Australian market in terms of hybrid cars, the company started giving jitters and throwing its considerable weight behind the hydrogen fuel cells. The hydrogen fuel cell vehicles of Toyota that are already sold in UK, Denmark, Germany, Norway and Belguim have been delivered to Australia also as the promotional vehicles (Fishman, Washington Haworth 2014). This invention has certainly helped the company to strengthen its internal capability. Proposed Data collection and analysis approaches In order to conduct the research, a secondary analysis will be conducted collecting the data from the secondary sources. The secondary data will be collected from the peer-reviewed journals, books, articles, published blogs and other secondary source. In addition to this, some statistical data will be collected from the annual report of Toyota, Australia. In order to make the analysis, the data finding will be linked to the outcome found in the existing papers. Based on the objectives formed in the introductory section of the report, the data will be analyzed considering multiple opinions of the authors in previous studies. To be more specific, the organizational performance will be compared with the critical discussion provided in the literature. Research Gap The literature used in the discussion lacks the discussion on the factors related to fuel, which creates differences in the market. The literature have only talked about how the sale of cars can be categorized based on the geographical areas. The studies have differentiated the fuel by its types such as petrol lead, petrol unlead, diesel and others but the studies did not discuss the factors that influence this division. The studies did not discuss how the factors related to fuel influence the sales of cars. Milestone and Schedule Serial No. Activities Start Date End Date Duration 1. Selection of topic 05/08/2017 07/08/2017 3 2. Formulation of aim and objectives 08/08/2017 09/08/2017 2 3. Literature review 10/08/2017 19/08/2017 10 4. Research methodology 20/05/2017 23/08/2017 4 5. Data collection 24/08/2017 31/08/2017 8 6. Data analysis 01/09/2017 06/09/2017 7 7. Conclusion 07/09/2017 09/09/2017 3 8. Final submission 10/09/2017 ------- 1 Table 1: Gantt chart (Source: As created by the author) Conclusion In conclusion, it can be mentioned that the proposed research will provide expected outcome at the end because the research is conducted on the issues that are already identified. In addition, the objectives have been formed based on the issues found. A brief of literature have been provided to find out the existing issues that will be considered in the proposed research. The research objectives make it easy to investigate and analyze the factors related to fuel affecting the operation. 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Retrieved 20 August 2017, from https://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/9314.0Main+Features1July%202017?OpenDocument