An examination of why mediocrity is so ingrained in the modern American industrial culture.
Written in 2004; 13,254 words; 30 sources; MLA; $ 249.95
Paper Summary:
This paper examines the production challenges faced by American industry today. It explains that, because the majority of American workers do only what is necessary to retain their jobs and would only be willing to do slightly more work for substantially higher compensation, it is apparent that American workers need a different, innovative style or blend of styles in management to bring about profitable employee productivity. For the purpose of this project, the researcher reviews existing literature and conducts empirical research to determine the causes of mediocrity in American industry and recommends a solution to the problem.
From the Paper:
"In the time period from 1970 to 1987, the U.S. share of the domestic market of the telephone manufacturing market went from 99 percent to 25 percent, the American share of the semi-conductor market went from 89 percent to 64 percent, and the American share of the color television market went from 90 percent to 1 percent (Long Ding, 1999). These are all products that were invented by American companies, but markets that the Japanese and other countries have improved upon. Of the 10 most profitable companies in 1970, only three were still in business as of 1999."
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