Cultural Comparison of Australia and Japan using the Automobile industry

INTRODUCTIONDiamlerChrysler is an Anglo-German motor corporation formed out of Diamler-Benz of Ger galore(postnominal) and Chrysler of America. It is the world?s fifth largest car manufacturer, best known for its Mercedes and Maybach brands. Jurgen E. Schrempp, the go with?s Chairman necessitateed to create a ?Welt AG?(global corporation) with far-flung presence across all major markets. He unsuccessfully courted Nissan and Honda (Miller, 1998) before finally settling on Mitsubishi Motors. Mitsubishi was remove ruffianly due to the East Asian Financial crisis and was infra a debt of 1.7 trillion Japanese Yen (Bremner, 1999). Finally DC acquired a 34% controlling stake in Mitsubishi Motors, the destiny betwixt the two companies was billed at 2.1 billion Euro. Although DC had disallow Powers in all board decisions, most of the honest-to-god focusing in Mitsubishi was retained (Schmid, 2000). The Germans were confident of turning the participation or so with a stress on qual ity and a type restructuring job. The deal was judge to give the company rile to many more(prenominal) markets and models. Yet the Mitsubishi mess was much worse than expected and put the company?s global system at risk. The damage was particularly bad in Australia. thither was large spread dissatisfaction with the employee morale at a low-down point. at that place was high rate of absenteeism and the company?s visit in the eyes of the government, public and customers took a beating.

This situation could take been avoided if more emphasis was paid on the cultural purview and the problems were identify earlier. The internal and intra company problems are gene! rally overlook by MNCs while tar captureing global policies. These in turn lose the company and its finance. A detailed study is required for this invention and so the senior management should predominantly be from the land of operating room so that employee sentiments and preferences can be better understood. If you want to get a full essay, order it on our website: OrderCustomPaper.com

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