The Impact Of Bridgestone Tire Company On The World 's Largest Tire

1432 Words Sep 28th, 2016 6 Pages
Organizations face many obstacles from varying conditions. The difficulties that ensue and way in which these situations are handled differ greatly depending on the market in which they are associated. The Bridgestone Tire Company is the world’s largest tire producer. In these coming pages, I will review the history of the organization, the organizations situation in the market, as well as develop a SWOT analysis and description of its contents.

Describe your organization’s history, products, and major competitors. Bridgestone Tires is the world’s largest tire and rubber company. The organization as we know it today is the result of two historical organizations. Bridgestone Tire Co. was formed in 1931 by Shojiro Ishibashi in Japan. At that time, there was no other tire maker in Japan. Firestone was established in Akron, OH in 1900 by Harvey Firestone. By 1911, Firestone had manufactured more than one million tires and became a household name. Adding fame to an already successful organization, the first racecar to win the Indianapolis 500 used Firestone tires. (Firestone Tire and Rubber Company, n.d.) In 1988, Bridgestone acquired the Firestone Tire and Rubber Company, making Bridgestone the largest tire producer in the world. Bridgestone has expanded its organization to the production of not only tires, but industrial construction products, and air suspension components as well. The organization has several different divisions, even among its tire sector.…

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