Until recently most observers were of the opinion that firms had to adopt a Japanese model of management or perish. They overlooked the fact that there are a number of efficient productive models and that there is no single 'best way'. This book shows the diversity of productive models and discusses the optimum macro and micro economic and social conditions that a firm needs to stay profitable. In conclusion the authors suggest an analytical framework of profitability conditions, easily accessible to practitioners, academics and students.
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