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Historically, many large Japanese companies used a centralized hub configuration as a global standardization strategy. The 2011 earthquake in Japan resulted in a significant cost to Canon by inhibiting its production process. In response, the CEO of Canon announced in the 2011 annual report that they will have three headquarters, instead of one. These will be based in each of the US, Europe, and Japan. What are the challenges that the company will face during this transition?
Summarize the main points of this article and explain how the information contained within the article is relevant to a specific issue or problem the company is currently facing.
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