By Raj Aggarwal (auth.), Raj Aggarwal (eds.)
Restructuring jap company for Growth comprises eighteen formerly unpublished invited chapters by way of specialists on jap enterprise. it is going to allure either advertisement and educational curiosity. jap enterprise may be anticipated to stay of significant value in international and Asian economics, specially because the jap financial system is the dominant financial system in Asia, being better than all different Asian economies mixed. Policymakers and enterprise humans drawn to realizing eastern monetary markets will locate this publication beneficial. furthermore, this booklet may be a priceless source for undergraduate, graduate, and govt improvement classes in overseas company, worldwide finance, and eastern business.
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Additional info for Restructuring Japanese Business for Growth: Strategy, Finance, Management and Marketing Perspective
As an example, consider the benefits of the Japanese approach to the design of production processes. Unlike western approaches based on operations research optimization methods, Japanese business organizations realized early on that exact optimization of organizational and production processes is not usually possible. The number of variables and their permutations and combinations involved in such optimization are generally too large in most cases. 2 In such cases, it is clearly better to start out with a process that is not optimum, but is as good as can be designed economically, and depend on the workers involved to make continuing improvements in the process.
141-167. ), Coalitions a"d Competitions: Globalizations of Service Firms (New York: Routledge). ), Techllology Transfer in International Business (New York: Oxford University Press). 4, July-August), pp. 38-44. 2), pp. 163-180. 2, May), pp. 282-286. Anwar, Syed Tariq and Michael A. 5 October), pp. 83-110. 1, March), pp. 1-27. ) , (1994), The japanese Firm: Sources of Competitive Strength (New York: Oxford University Press). Arthur, Brian, (1989), "Competing Technologies, Increasing Returns, and Lock-in by Historical Events" Economicjournal 99, pp.
While bank lending paralleled industrial growth until the early 1980s, such lending increased much faster in the late 1980s. In the late 1980s, not only did large numbers of industrial and other non-financial companies engage in such practices but so did a number of individuals (Teranishi 18 I. Business Strategies in Japan and Kosai, 1993) . In addition, as the values of these corporate assets rose, so did company share prices. Because of the extensive system of cross-holdings of equity among Japanese companies, speculative increases in the value of one company's stock were reflected in the stock prices of other companies that owned the first company's stock.
Restructuring Japanese Business for Growth: Strategy, Finance, Management and Marketing Perspective by Raj Aggarwal (auth.), Raj Aggarwal (eds.)