1. Matsushita Electronics Inc. European
... 5. Courtesy and Humility 6. Adaptability 7. Gratitude Matsushita's philosophy was translated into a set of Basic Business Principles, which included an emphasis on profitability as the measure of contribution to society, a respect for competition as the stimulus of the improvement, and a belief in autonomous business units. The Principles were broad enough to serve as effective guidelines, yet also allowed differences in ... 1970), Spain (1973), and the UK (1974). By 1993, the company had 19 manufacturing companies in Europe. From an organizational standpoint, these factories reported di...
- Word Count: 3267
- Approx Pages: 13
- Has Bibliography