of scale and scope in its domestic market. Founder’s spirit to achieve outstanding production system has led to success in establishing efficient system. It helped firm to go global, however, international expansions has brought many different issues for Matsushita to overcome. Especially relationship between head quarters and subsidiaries was usually to-down decision making relationship which
of a successful precedent. This precondition guarantees the followers to grow in various ways.
Most importantly, follower companies save significant amount of initial cost. The company does not have to go through trial and error, hence reducing capital invested in expansive research and development. It does not mean, however, that follower companies are totally exempt from the burden of resea
of four other suggestions for those traditional Mexican retail shops can possibly apply in a real world.
1. Using the Legal Environment - Carrefour, one of the largest retail shops originated in France, manages a huge retail stores called hypermarket. It is approximately seven times larger than that of typical Korean supermarkets we can thinkof. This hypermarket is composed of both department s
of consumers, more products or services will be surely sold. Producers will have more confidence in the future market and produce more. Such belief of booming market makes the manufacturers not to think or innovate, even to try to satisfy the customers’ needs. Take the petroleum industry for example.
One of the characteristics of this industry that believes very strongly in the beneficial con
The First Question
Cooper taking over Champion is a good way to approach
That is why Cooper industry taking over either one of them will allow them to have benefits for corporate expansion.
Please evaluate the corporate strategy of Cooper Industries. What kind of factors do you think that make value among the strategy of Cooper Industries?
Cooper’s industry is diversified thro