Research topic: outline for Econ
No more than 10 pages( not incl graphs or tables)approx. 2200 words.
Do not get broad in terms of cultural argument Japan vs US
- Thesis: Japanese companies are poised to grow over the next economic cycle because they will employ Western financial strategies, unlocking newfound financial strength.
- A) Japanese companies incorporate a very different organizational structure compared to their U.S. counterparts largely based on their cultural history.
- B) Do Japanese companies manage their balance sheets (financial leverage) and product development (bias towards industrial products) in accordance with these organizational and cultural foundations?
- A) After World War II Japanese companies were in a position to rebuild factories and restructure their corporate organizations to reflect “best practices” the main thing was they were able to rebuild with a new vintage of capital compared to the US. currently in place in the United States industrial complex. Instead, Japanese corporations elected to model their corporate structures to reflect the conservative social structure in place for generations.
- B) Existing Arguments—The Japanese industrial organizational model proved to be successful as the Japanese economy emerged to become one of the strongest in the world.
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- C) Second argument—The insulated island nation (huge barriers to entry) was able to take advantage of the homogenous workforce (no competitive workforce options) to enforce a conservative corporate culture that allowed managers to drive productivity.
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- Conclusion: to have a conclusion you first need to study the problem and then “conclude” as to your findings.
- A) The Japanese industrial/organizational model is about to change as managers adopt western financial techniques.
- B) Japanese companies, if they are able to change their culture, are poised to record new levels of profitability.
Answer: This research matters in order to better understand emerging trends in industrial management and its impact on macroeconomic trends. In other words, Japan could be a position to remerge as a global powerhouse as a result of organizational changes.
