The Revival of American Competitiveness: Glory and Discontents

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This is a reaction paper which you need to concentrate on important points without getting bogged down in details that are not relevant to the author’s main arguments. Please answer the following questions as accurately as you can within the limits of the one page Reaction paper format.
1.Parker and Slaughter discuss the adoption of Japanese management methods at NUMMI in the U.S. What do they mean by “management by stress” and “just in time” production?
2.The articles from Businessweek’s 1998 issue on the “21st Century Economy” discuss a variety of issues that reflect what was seen at the time as the most important things that American business was doing to achieve and maintain a competitive edge. Which of the developments discussed seem especially important to you? What, if any, seem less important now, several years later, in retrospect? Was there a downside to any of these developments?
3. Your reaction?
Please number your answers.

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