| dc.description.abstract | It is predicted that the clash of U.S.A as world only super power, the revenge of lost
Japan and the raise of China will bring the whole world into a new era of three
kingdoms in 21 century. The novel-Three kingdoms which was written by Luo
Guangzhong in 17th century was translated into many languages and had become a
Must-read Classic book of every Chinese, Japanese and American teenage student.
The case study of quality crisis of Japan No1 car producer-Toyota will just provide a
good example to European business school to get some idea of what is happening in
the Far Eastern world.
The Toyota case showed that the MNCs really relay on institution both original and
host country to grow bigger. However, in order to maintain their global market
leadership, the MNCs really need to act locally and balance themselves smartly
according to the regulation of the host countries. | en |
