Toyota’s problems with sudden acceleration are well-known. Toyota has long been an icon of quality and efficiency in terms of its production and manufacturing standards. Thus, business schools and graduate business programs have often assigned Toyota as the topic for quality based research papers about such topics like the Toyota Production System or TPS or the lean manufacturing process.
Many people the world over are now pursuing MBAs as means to either get competitive or to maintain their professional competitiveness. These degrees generally provide a modicum of the skills and knowledge necessary to compete in the global economy. This is still true despite the economic downturn over the past several years.