Japan's giant Matsushita Electric Company achieved scale economies by exporting VCRs,televisions,and other consumer electronics products throughout the world from world-scale factories in Japan.This is an example of the fact that:
A) scale economies were a cornerstone of Japanese success in the 1970s and 1980s.
B) leverage from scale economies is not limited to manufacturing.
C) a global company can achieve the same economies on a global scale.
D) the larger scale of the global company also creates opportunities to improve corporate staff competence and quality.
E) all of the above

Question

Quizplus · Accepted Answer

The given scenario exemplifies the fact that scale economies were a cornerstone of Japanese success in the 1970s and 1980s, and also shows that leverage from scale economies is not limited to manufacturing. Matsushita Electric Company's global strategy shows that a global company can achieve the same economies on a global scale, and also provides opportunities to improve corporate staff competence and quality. Therefore, all of these statements are correct, making choice E the best answer.

Japan's Giant Matsushita Electric Company Achieved Scale Economies by Exporting