DocumentCode
2218804
Title
An Early Warning Model of the Management Honeypot Based on Toyota Recalls
Author
Hongxia, Li ; Xiaoqiong, Yang
Author_Institution
Sch. of Manage., Chongqing Technol. & Bus. Univ., Chongqing, China
Volume
1
fYear
2010
fDate
26-28 Nov. 2010
Firstpage
442
Lastpage
446
Abstract
Blind pursuit of profit maximization and market share plunge Toyota into the scandal of the recall. The warning model of management honey pot, based on the basic principle of crisis warning and combined with the theories of behavioral science, has conducted a preliminary analysis and discussion on the relationship and mechanism of factors influencing risk factors and has established the concept model of early warning of management honey pot to be able to better the management of our car market. From the treelike structure and the mathematical model , we can see that in practice, combining the historical data of auto recalls and making a calculation with the mathematical model, we can perform a simple warning. Although not necessarily accurate, such a warning model equals a "firewall” located outside the car market, which can play a role in early warning and ensure the harmonious development of the automotive market.
Keywords
automobile industry; mathematical analysis; risk management; Toyota recalls; behavioral science; car market management; crisis warning; early warning model; firewall; management honeypot; market share; mathematical model; profit maximization; risk factors; tree-like structure; Management Honeypot; automobile recall; early-warning model; mathematical model; treelike structure;
fLanguage
English
Publisher
ieee
Conference_Titel
Information Management, Innovation Management and Industrial Engineering (ICIII), 2010 International Conference on
Conference_Location
Kunming
Print_ISBN
978-1-4244-8829-2
Type
conf
DOI
10.1109/ICIII.2010.113
Filename
5694442
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