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Management article
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Reference no. SMR3518
Published by: MIT Sloan School of Management
Published in: "MIT Sloan Management Review", 1993
Length: 7 pages

Abstract

Japan has no more rabbits to pull out of the hat - its automotive production system has matured, and the industry is in decline. So argues the author, who shows how exchange rates, demographics, and the increasing sophistication of US management are causing a shift in relative competitiveness. Furthermore, these changes affect most Japanese industries, and US managers should be prepared to take advantage of them.

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Abstract

Japan has no more rabbits to pull out of the hat - its automotive production system has matured, and the industry is in decline. So argues the author, who shows how exchange rates, demographics, and the increasing sophistication of US management are causing a shift in relative competitiveness. Furthermore, these changes affect most Japanese industries, and US managers should be prepared to take advantage of them.

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