In the course of managing businesses, executives constantly face challenging circumstances. For instance, the market reality does not necessarily reflect the intent of a company's management. Disruptive business events may occur that are quite contrary to what the senior management expected....

While supply chain management has been approached from a variety of perspectives, the role of the global supply chain as a mechanism to overcome severe supply chain disruptions has not been explored adequately. This article discusses the ways in which Japanese manufacturing firms have responded...

Many studies on Japanese manufacturing practices have rarely compared how different Japanese vehicle manufacturers implement market flexible customizing system (MFCS). The aim of this study is to compare collaborative practices of Toyota, Nissan and Mitsubishi in terms of how they integrate...

This research attempts to identify key factors affecting the acquisition of local market information in foreign majority-owned international joint ventures (IJVs). By using Spearman rank correlation coefficient and ordinary least squares regression, we reveal that most of the factors included in...

We examine innovation performance of firms in a transition economy from an ownership perspective. We focus specifically on the relationship between ownership structures and firm innovation performance. Drawing on data from 548 Chinese firms we find volume of patent registration to be most...

In view of the unprecedented devastation of the Great East Japan Earthquake (GEJE), the psychological overreaction tends to emphasize the safety aspects at the expense of the basic principle of designing industrial supply chains that achieve competitiveness and robustness simultaneously....

This article considers an infinitely repeated economy with divisible fiat money. The economy has many marketplaces that agents choose to visit. In each marketplace, agents are randomly matched to trade goods. There exist a variety of stationary equilibria. In some equilibrium, each good is...

This article investigates the roles of policy in search models with divisible money. Recently, real indeterminacy of stationary equilibria has been found in both specific and general search models with divisible money. Thus if we assume the divisibility of money, it would be quite difficult to...

This paper considers an infinitely repeated economy in which divisible fiat money is used to trade goods. The economy has many market places. In each period, each agent chooses a market place, randomly meets someone who comes to the same market place, and they trade their goods when both agree...

This paper investigates Zhou [4]'s money search model, where money is divisible, agents can hold any amount of money, and production of goods is costly, and presents a sufficient condition, expressed in terms of exogenously given parameters, for the existence of single-price equilibria.