(Solution) - As noted in the chapter opening vignette Toyota ran into troubl -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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As noted in the chapter-opening vignette, Toyota ran into trouble for two reasons. One was that the company centralized most decision making in corporate headquarters.
The second was that the CEO pressured top engineers to cut costs to improve profitability. What should an international company do to avoid these pitfalls? What are some potential pitfalls with your recommendations?