Philip's vs. Matsushita Essay Example | Topics and Well Written Essays - 2000 words

Philips vs. Matsushita - Essay ExampleBoth brothers and their father worked hard and by 1900, Philips was the third largest light-bulb manufacturing business in Europe. Philips concentrated only on light-bulb technology development. Company policy was to scrap old plants and economic consumption new machines or factories whenever advances were made in new production technology. It also established hi-tech laboratories for R&D and it developed a tungsten metal filament bulb that was a great mercenary success (Bartlett, 2006, p. 1). In 1899, Philips initiated its offshore business and within a decade it expanded its sales meshing across Japan, Australia, Canada, Brazil, United State and Russia. In 1919, Philips made an agreement with Genera Electric, giving each company the call of the others patents. In 1918, Philips introduced the electronic vacuum tubes eight years it lunched its first radios to market, capturing a 20% world market share within a decade and during the 1930s, Ph ilips began producing X-ray tubes (Bartlett, 2006, p. 2). During World War II Allied and German bombing had targeted and damaged most of Philips manufacturing facilities in the Netherlands, the management board decided to build the postwar brass instrument on the strengths of the national organizations (NOs). The independent NOs had a great advantage in being able to maven and respond to the local market demands and differences. These NOs were also free in financial, legal, and administrative matters, and also to built their consume technical capabilities and product development.