Word: prahalad
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Dates: during 1991-1991
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...illusion. The eight new Japanese car plants built mainly in the South in the past decade, for example, have resulted in 26,800 new jobs, but 250,000 auto industry assembly-line jobs were lost during the same period. "That is not new investment," points out C.K. Prahalad, international management professor at the University of Michigan School of Business. "It is substitute investment...