Some Famously Efficient Japanese Manufacturers Are Now Lying to Compete

Bloomberg means that Kobe Steel’s scandal over fake quality data is just the latest example of how some competition-pressed Japanese manufacturers are bending the “rules”, and of how desperate these companies have become to stay ahead of Chinese and other foreign competitors. As a fact, an increasing number of companies in China, South Korea, and elsewhere have found success in emulating – and often besting – Japan’s long-established enterprises, forcing them to scramble…

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