Word: regarded
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Dates: during 1980-1989
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...Japanese today look down on what they regard as the poor quality of American products. Kenichi Odawara, professor of economics at Sophia University in Tokyo, recently published a book on the problems of the U.S. economy and workmanship entitled The Great American Disease. One example of that disease is familiar to any Japanese car dealer attempting to sell an American-built automobile in Japan: the cars have to be given an additional coat of paint before they can satisfy the demanding Japanese...
COMPETITION. While Western businessmen often regard Japan as a giant cartel, competition is actually fierce. Japan's thriving domestic market is the principal battleground for most Japanese companies. The products shipped abroad have such high quality and low price in large part because they have already survived the domestic Japanese market. In 1955, for example, the leading motorcycle company in Japan was Tohatsu, while Honda was a distant No. 2. By 1964 the more competitive Honda dominated the local
...attitudes of the bosses of Japanese companies are also different from those of their Western counterparts. This can be seen particularly with regard to investment for research and development. In the U.S., corporations spend an average of about 1 % of total sales on research and development. In Japan the figure is closer...
...always watch the Detroit Tigers on radio"). Yet this is no modern phenomenon. The term faux pas goes back at least as far as the 17th century, having originally referred to a woman's lapse from virtue. Not that women lapse more than men in this regard. Even Marie Antoinette's fatal remark about cake and the public, if true, was due to a poor translation...
...Administration toward foreign bribery would itself cause problems. By failing to enforce the act as written, the Administration not only would leave the legislation's ambiguities unresolved, but would show a disrespect for the law, which is itself corrupting. Since the U.S. has adopted a moral position with regard to foreign bribery, neither the Administration nor Congress can now afford to let the subject wither away without compromising its principles in the process...