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Economy / United States Dollar Valuation / Japanese Busmen. #53285

ABC Evening News for Monday, Mar 06, 1978
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(Studio) United States dollar's stabilization on European money market due to President Carter's move to end coal strike noted. Contd. devaluation in Japan against yen reported Upcoming report on Japanese busmen. noted.
REPORTER: Barbara Walters

(Tokyo, Japan) Early complaints from American about cheap Japanese labor and Japan's present, similar complaints about labor in Taiwan and South Korea noted. Is stated that key competitive factor may now be management instead of labor; Japanese mgrs.' training in United States and return home to outdo teacher cited. Tokyo Motor Sales Company, Limited, General Motors Corporation and IBM mentioned. Ex. of Japanese busman. is Toyota's New Zealand, Australia and South Sea Island mkting. manager, Tak Fujiya; details given. [FUJIYA - has been with Toyota for 18 years, has never worked elsewhere and doesn't expect to do so.] Success of workers' devotion to company in other places, include New Jersey company with American workers and Japanese mgrs., noted. Other details of Japanese business success given.
REPORTER: Harry Reasoner

Reporter(s):
Reasoner, Harry;
Walters, Barbara
Duration:
00:03:00

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