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...... In the end, his idea of making this new invention did expand his organization and changed the auto industry forever. By creating this new invention for their organization they became the worlds second largest automaker in the world and the 8th largest company with revenue of $185 billion in 2007. By having this new invention within their organization they created newer car models with this new technology as well like the Lexus RX 400h, the Lexus GS 450h, the Toyota Corolla, and the Toyota Highlander. Toyota believes that by 2010, everyone will have a hybrid car and by having these cars it can help the environment from pollution
By benchmarking other companies, Lawrence Sports is providing for its future by taking care of the present by implementing an effective working capital management system. By doing that, the company has control over its working capital. Furthermore, with cash balances and marketable securities, the company can begin to notice small changes that can make a difference. A good example of this would be a credit analysis of a potential customer that would down size the uncollectible accounts receivable accounts and allow Lawrence to feel more comfortable extending credit to customers (Lawrence

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