TL;DRAbstract
The time has come to look more directly at the underlying national institutions and social norms which predispose firms to enter into ACR-type or OCR-type trading relations. We begin, in this chapter, by examining the national legal framework. Our evidence in chapters 4 and 5 showed a considerable degree of similarity between British and Japanese practices with respect to contractualism, and the rationale behind those practices. Some supplier companies emphasised the importance of responding flexibly to customers' requirements for short leadtimes which may result in producing (and even delivering) before written contracts are received. A case-by-case resolution in the event of quality defects or late delivery was also said to be necessary because apportioning clear-cut responsibility on either side may not always be feasible.
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The time has come to look more directly at the underlying national institutions and social norms which predispose firms to enter into ACR-type or OCR-type trading relations. We begin, in this chapter, by examining the national legal framework. Our evidence in chapters 4 and 5 showed a considerable degree of similarity between British and Japanese practices with respect to contractualism, and the rationale behind those practices. Some supplier companies emphasised the importance of responding flexibly to customers' requirements for short leadtimes which may result in producing (and even delivering) before written contracts are received. A case-by-case resolution in the event of quality defects or late delivery was also said to be necessary because apportioning clear-cut responsibility on either side may not always be feasible.
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