External link to Mitsubishi Corporation

Mitsubishi Corporation

A keiretsu business structure outlines a major difference in the way US and Japanese firms are structured. Keiretsu can be seen as a partnership between the government and businesses which creates a web on interlinking relationships between banks, suppliers, manufacturers, distributors and the government. They have also managed to become a topic of debate where some refer them to ‘government clad cartels’ and a ‘menace […]

External link to General Motors Corporation General Motors Corporation

General Motors Corporation General Motors Corporation

“General Motors is one of three leading automotive manufacturing companies in the United States. “General Motors merupakan salah satu dari tiga perusahaan manufaktur otomotif terkemuka di Amerika Serikat. Based in Michigan in 1903 by Henry ford and grew to reach revenue of $150 billion and more than 370,000 employees by 1996. Berbasis di Michigan pada tahun 1903 oleh Henry ford dan tumbuh untuk mencapai pendapatan […]

External link to Case 5-2: Lexsteel Corporation

Case 5-2: Lexsteel Corporation

What should the controller of Lexsteel do in order to address the potential problems within the corporation? •The controller became aware of the potential problems with the accounts payable system because of the discussion made with the external auditors. •Each branch manager is given the authority to order materials and issue emergency purchase orders directly to the vendors. •Physical counts of raw materials are not […]

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