Problem Statement
Japanese companies have enjoyed a high market share in the world market since 1980s. The products are preferred due to their high quality as compared to their competitors available in international markets. The main reason for high response of consumers is the use of advanced technologies that differentiate Japanese products from others. Unfortunately, the situation has become challenging in the last decade as Japanese companies are suffering low business activity due to the decreasing demand for Japanese products in the global market. There are numerous factors and reasons for this sudden and continuous decline in the market share (Fukao, ...