Uncertainty: because the product is new‚ demand is uncertain c) Provide high level of service quality Risk associated: high cost: staff‚ training high Implied Demand Uncertainty: customer expectation becomes high over time 2. For Seven-Eleven Japan‚ when trying to micro-match supply and demand using rapid replenishment‚ they can face the following risks: High cost of transportation: this choice require frequent delivery and a large number of trucks visiting a store per day‚ since each truck
Premium Convenience store Supply chain management
Hofstede and Trompenaars compared Of these seven value dimensions‚ two reflect closely the Hofstede dimensions of Collectivism/Individualism and to a lesser extent power distance. Trompenaars and Hampden-Turner’s communitarianism/individualism value orientation seems to be virtually identical to Hofstede’s Collectivism/Individualism. • Their achievement/ascription value orientation‚ which describes how status is accorded‚ appears to be linked to Hofstede’s power distance index‚ at
Premium Geert Hofstede Cross-cultural communication Culture
people into four groups‚ on top was the king‚ then lord‚ Knights and lastly peasants. It also included having a chivalry and it was a code of behavior for the knights. Feudalism was based on the exchange of land for military service and it was in both Japan and Europe. Feudalism’s goals were to accomplish economic growth and to unify the government. The other goals were to gain stability and to increase security in the country. Feudalism’s goals were not accomplished and it was not completely fair. Any
Premium Feudalism Serfdom Middle Ages
to be primarily responsible for the Japanese accounting system being significantly different from other national systems and what influences do you consider the Japanese system will have on international accounting in the future? INTRODUCTION Japan as an accounting jurisdiction is characterized by the dominance of the state (Haller and Raffournier‚ 2003). The accounting rules have been set out in the past fifty years as statute law with an implicit objective that accounting should contribute
Premium Certified Public Accountant International Financial Reporting Standards Accountant
Louis Vuitton in Japan Harvard Case Solution & Analysis In this study‚ the opportunities and challenges‚ Louis Vuitton‚ the leading European luxury sector multinational firms in Japan‚ given the unique characteristics of brand management and the integration of culture and consumer behavior in Japan. In recent decades‚ Japan was the most lucrative market Louis Vuitton‚ but it seems that the global economic crisis has led to a decrease in sales. Facing a weak economy and a shift in consumer preferences
Premium Economics Brand Logo
------------------------------------------------- The global context of Japan outside Japan – Harumi Befu Since 1980s – globalization buzzword in Japanese media Japan is said to be “globalizing” in all respects‚ but above all‚ in its economic sphere While Japan’s globalization in the economic sense had been widely discussed -> social and cultural globalization has not been a topic of much discussion so far Globalization <-> Internalization Internalization implies a relationship between
Premium Japan Globalization
Assignment # 5 Q.1a) On the "blank" phase diagram below‚ label each of the regions with the phase or phases that are in equilibrium there. b) How many eutectic points are there in the Cu-P phase diagram? ______ How many eutectoid points? ______ How many peritectics? ______ How many peritectoids? ______ How many pure metal phase transitions? ______ How many congruent melting points??______ Q.2 a) A 90 wt% Ag-10 wt% Cu alloy is heated to a temperature within the b + liquid phase region. If the
Premium Iron Liquid Solid
STARBUCK in JAPAN [pic] PLAN - Introduction + Video - Presentation de la Team + Nos objectives - Concept STARBUCKS - Timeline (general + Japon) - PESTEL - Hofstede –Monochronic –comparaison Jap/USA - How STARBUCKS enterred in Japan ? Strategy Joint Venture. - Export/ Supply Process (Map) - 5porter’s Forces - Brand Pyramid - SWOT - Competition + Mapping - Marketing MIX (Product/Price/ Promotion/
Premium Coffee Starbucks Tea
WALMART in Japan 1. Why‚ historically‚ has the level of FDI in Japan been so low? 2. What are the potential benefits to the Japanese economy of greater FDI? 3. How did the entry if Walmart into the Japanese retail sector benefit that sector? Who lost as a result of Walmart’s entry? 4. Why has it been so hard for Walmart to make a profit in Japan? What might the company have done differently? Japan‚ an island nation on the Pacific ocean‚ has none of the natural advantages that have facilitated
Premium Investment Foreign direct investment World War II
In Hofstede’s research‚ Japan‚ Austria‚ Venezuela and Italy had the most astounding manliness versus womanliness scores‚ while Denmark‚ the Netherlands‚ Norway and Sweden had the least scores (Matsumoto & Juang‚ 2017). Hofstede distinguished key contrasts amongst masculine and feminine societies regarding sexuality. For example‚ societies high on masculinity had a tendency to
Premium Gender Sociology Gender role