The Reason That Many Japanese Firms Captured Major Shares of World

question 47

True/False

The reason that many Japanese firms captured major shares of world markets in the 1970s was a result of their focus on quality rather than efficiency.

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Definitions:

Organizational Development

A planned, systemic approach to improving the effectiveness of an organization through changes in processes, culture, and structure.

IBM

International Business Machines Corporation, a multinational technology and consulting company known for its hardware, software, and services.

Employee Surveys

Tools used by organizations to gather feedback, opinions, and insights from their workforce on various aspects of the workplace environment and culture.

OD Efforts

Initiatives undertaken to improve an organization's effectiveness, health, and capacity through planned change in processes and structures.