Problem:
You are representing a Japanese parent company setting up a new international joint venture (IJV) in Sweden. There has been some debate over the type of control system the company should use.
Task: Present a top-level business plan to the parent company's executive board delineating a set of controls and monitoring systems for the IJV, keeping in mind that you represent a Japanese company.
Consider the following questions in your business plan.
* As a Japanese company, what are the variables that you have to consider when designing the organizational structure for the international operations?
* How do these variables interact?
* Which variables do you think are the most important for the success of the IJV?
* What is the importance of "being global and acting local?"
* How can your firm design its organization to enable "being global and acting local?"
You must research the organizational structures common among Japanese MNCs.