Section 1: Provide a general description of the company.
Matsushita is one Japanese companies activating in the consumer electronics industry. Launched in 1920, the Japanese giant has revolutionized the world along time through its products, which have traveled globally, because the company has established a global presence. In its incipient decades, Matsushita applied a traditional managerial style, specific to Japanese business, based on the paternalistic, Confucian philosophy, which praised the employees’ loyalty towards their superiors and towards the company, in exchange of consistent benefits that settled a positive working environment within the company. This business philosophy, based on employee loyalty conferred the proper context for an effective and progressive growth for ...