Discusses those changes which can be observed at Hungarian manufacturing companies in the transition process from planned to market economies. The changes are illustrated with the results of a series of surveys, conducted in the framework of a research project on global manufacturing practices. Shows that the adjustment of Hungarian companies is rather fast, even though most of them still have a lot to do to be really competitive at the international level. Suggests that the processes which go on in the transition economies demonstrate the strength of those general “rules” which guide manufacturing management all over the world and which must be considered by all those who wish to be successful.
International Journal of Operations & Production Management – Emerald Publishing
Published: Nov 1, 1995
Keywords: Hungary; Manufacturing; Market economy; Planned economy
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