Explain the difference between the U.S. and Japan relative to the role of governmental organizations such as the Ministry of International Trade and Industry (MITI) in managing business change
What will be an ideal response?
A Japanese business leader is likely to manage change through extensive and detailed long-term planning and forecasting supported by governmental organizations such as the Ministry of International Trade and Industry (MITI). In the United States, where change is tolerated and perceived as an opportunity, leaders deal with change by making quick changes to their organizations and implementing short-term strategies that address the immediate pressures relatively more quickly than in other cultures. This means that in the U.S., organizations do not use government or other trade resources and mostly rely on their own resources and strategy.
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