Cultural Comparison of Australia and Japan using the Automobile industry

INTRODUCTIONDiamlerChrysler is an Anglo-German motor corporation formed out of Diamler-Benz of Ger many an(prenominal) and Chrysler of America. It is the world?s fifth largest car manufacturer, best known for its Mercedes and Maybach brands. Jurgen E. Schrempp, the go with?s Chairman necessitateed to create a ?Welt AG?(global corporation) with widespread presence across all major markets. He unsuccessfully courted Nissan and Honda (Miller, 1998) before finally settling on Mitsubishi Motors. Mitsubishi was remove strenuous due to the East Asian Financial crisis and was infra a debt of 1.7 trillion Japanese Yen (Bremner, 1999). Finally DC acquired a 34% controlling stake in Mitsubishi Motors, the destiny amid the two companies was billed at 2.1 billion Euro. Although DC had proscribe Powers in all board decisions, most of the honest-to-god management in Mitsubishi was retained (Schmid, 2000). The Germans were confident of turning the lodge near with a stress on quality an d a standardised restructuring job. The deal was evaluate to give the company rile to many much markets and models. Yet the Mitsubishi mess was much worse than expected and put the company?s global system at risk. The damage was particularly bad in Australia. thither was wide spread dissatisfaction with the employee morale at a low-down point. there was high rate of absenteeism and the company?s visit in the eyes of the government, public and customers took a beating. This situation could take been avoided if more emphasis was paid on the cultural purview and the problems were place earlier. The internal and intra company problems are generally overlook by MNCs while tar coping global policies. These in turn lose the company and its finance. A detailed study is required for this invention and gum olibanum the senior management should predominantly be from the land of deed so that employee sentiments and preferences can be better understood. If you want to get a full ess! ay, order it on our website: BestEssayCheap.com

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