East Asian Business- Lecture 1 Explaining Asia’s double digit growth- Is there and “Asian model” which has helped countries such as the four tigers (South Korea‚ Taiwan‚ Singapore and Hong Kong” as well as NIC’s (Malaysia‚ Indonesia and Thailand + PRC double digit growth from 1978. Cultural explanations; legacy of Confucianism: Confucianism‚ the teachings of Confucius during 500 BC‚ has played an important role in forming Chinese character‚ behavior and way of living. (Eliot 2001; Guo 1995) Its
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this report is how Ambrocio Consultants advise the company Electric World on how to enter the East Asian market‚ while producing its products in South Korea. To set up a strategy‚ Electric World hired Ambrocio Consultants to realize the merger between DanGun and Electric World. The objective is to establish modern production facilities in South Korea and to penetrate the South Korean market‚ as well as East Asian market from South Korea. Ambrocio Consultants is a young consultancy company who is specialized
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AirAsia Berhad: The Rise and Rise of Asian Aviation ______________________________________________________________________________ Contents AirAsia Berhad: Sustaining a Competitive Advantage .................................................................. 2 AirAsia: A brief historical perspective ......................................................................................... 2 Company Growth Forecasts ......................................................................
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Air Asia A. Introduction 1. Objective and scope This paper will analyze the internal and external environment of Air Asia and will look into how it uses Management Information System ( MIS )‚ specifically its online reservation system to gain competitive advantage. And also discuss why and how important is MIS to Air Asia in running its business. 2. The Important of MIS Low Cost Carriers (LCC) business model is based on no frills service. This means that cost savings is a critical success factor
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environment‚ Air Asia has reaped great benefit by applying low cost advantage in its business model. By the combination of technology advancement in its selling and marketing strategy and also strong recognition of various languages used by its world customers‚ AirAsia has successfully developed its business into a widely known best performance company in Southeast Asia airlines industry. Keyword：AirAsia‚ low cost carrier‚ web design‚ business model‚ strategy Analyzing Air Asia in Business Competition
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P&G Japan SK-II Case Study Up to 1984‚ P&G’s Japanese operation was a failure due to the following reasons: 1. P&G did not take the time to determine the local needs based on the culture and common practices amongst the Japanese people. The product development was based on Western markets and it was assumed that it would streamline itself to other areas of the world. An example cited in this case study was the use of tap water for laundry washes without implementing a
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Analyse and compare the ways in which East Asia states have recovered from the financial crisis of 1997-98 The East Asian Financial crisis occurred during 1997 - 98 and adversely affected five East Asian nations (Thailand‚ Malaysia‚ Indonesia‚ the Philippines and South Korea). According to (Sundaram 2006)‚ the crisis was triggered by the collapse of the Thai baht in 1997‚ leading to a currency crisis‚ which brought about a financial quagmire leading to an economic havoc. The crisis had a devastating
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Question : How would you describe Fernandes’ entrepreneurial strategy? 1. General. Tony Fernandes was a risk taker; he bought his airline without prior knowledge about aviation as well as firsthand experience with the airline industry. He said in one of the interviews‚ “Go with your gut‚ give it your best bet and you may fail‚ but don’t give up” (INSEAD Knowledge‚ 2007). This statement shows the type of the person that he is. He is an independently-minded person who knows when to trust his gut
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as suffrage‚ employment‚ and civil liberties. Though gender equality is a global problem‚ this issue is especially complex in the Middle East. The Middle East‚ located in Asia‚ includes eighteen countries in western Asia‚ as well as Egypt. The dominant religion of the Middle East is Islam‚ and many of the countries in this region are devout. In the Middle East‚ women may‚ in many cases‚ have limited civil rights and face dramatic discrimination or violence. In some countries women are often mistreated
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achieved by maximizing passenger number per flight • MAS‚ under Idris Jala cut several unpopular flight routes due to irregular number of passengers and increased number of flights in high demand routes to cut unnecessary expenses and costs • Air Asia benefits from the lowest flight cost‚ USD$0.02 ASK* (Southwest Airline [US LCC] – USD$0.04‚ MAS - $0.41‚ Cathay Pacific $0.59) b. Technological Change i. Technology is a key determinant however change is not very rapid ii. Releases of new aircraft
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