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Global Economy, Global Technology, Global Corporations Reports of a Joint Task Force of the National Research Council and the Japan Society for the Promotion of Science on the Rights and Responsibilities of Multinational Corporations in an Age of Technological Interdependence (1998) / Chapter Skim
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1 Summary
Pages 71-73

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.


From page 71...
... As the globalization of corporate business operations progresses so strikingly and becomes more complex both among developed countries as well as developing countries of vastly different cultural and political climates, it is better to rely on the initiative of the private sector rather than government intervention or pressuring MNCs to make valuable social contributions. The government should set the basic long-range policy in harmony with existing various world organizations for promoting the world economy and peace.
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From page 72...
... This fact has been known for many years; however, the claims by failed companies, who aimed at overnight success, have overshadowed the successful cases and resulted in misconceptions toward the Japanese market as a conspicuously tightly closed market. We recognize that many outdated government regulations should be removed as soon as possible in order to promote emerging businesses.
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From page 73...
... Many Japanese companies have faced various problems in the United States due to different business customs, national security restrictions, and legal difficulties. There is no easy way to do business on foreign soil.
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Key Terms

  • comprehensive national
  • military power
  • world peace
  • tightly closed
  • barriers resulting

  • japanese markets
  • local communities
  • japanese market
  • informal barriers
  • manufacture tradable

  • government intervention
  • technological management
  • improve irrigation
  • overnight success
  • compiling data

  • conspicuously tightly
  • conceptual differences
  • promote emerging
  • technological power
  • exist informal

  • secure world
  • promote mutual
  • following basic
  • emerging businesses
  • japanese strategy

  • manufacturing mncs
  • effective corporate
  • study successful
  • government regulations
  • reduce trade


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