The study by Ray et al. is concerned with an empirical examination of the capability gaps that exist between Korean and Japanese industries competing in global industries. Using the Flying Geese (FG) model,they propose a set of hypotheses to test if Korean firms have replicated the competitive...

Six-Sigma is a well-established and one of the most recognized approaches in manufacturing strategy development. Companies who have adopted and successfully implemented such a methodology were found to be more innovative which led to increased customer satisfaction and an improved bottom line....