as ASIAN MARKETS | November 23 2011 | THIS REPORT TALKS ABOUT THE KEIRETSU CULTURE IN JAPAN AND HOW IT IS USED IN MARKETING‚ CAPITAL AND MANPOWER STRATEGIES. IT ASLO TALKS ABOUT THE AUTOMOBILE INDUSTRY IN THE GLOBALIZED WORLD. | BY: AFREEN KHAN | THE KEIRETSU CULTURE IN JAPAN "Keiretsu" is a Japanese term and translated as "Group". It also interpreted as "partnership" or "alliance". Keiretsu is the renowned Japanese co-operate grouping characterized by cross-share holdings
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Keiretsu and Chaebols Keiretsu - a group of closely related Japanese companies‚ often with interlocking ownership. Traditionally‚ there have been both horizontal and vertical keiretsu. Horizontal keiretsu center on a main bank and their companies span various industries. Vertical keiretsu center on a major manufacturer‚ like Toyota‚ and include its various suppliers and wholesalers. The keiretsu encourage its members to award contracts to sister companies and cooperate with each other for the
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clear that Japan would abolish feudalism and modernise into an industrial society. This period in which Japan borrowed ideas from the West and reformed in such a short time is called the ‘Meiji Restoration’. Japan for some time was considered too remote and poor to be subjected to Western Imperialism. However Emperor Meiji and his advisors made it clear that they were determined to adapt selected features of Western civilisation to become a powerful nation‚ while still keeping Japans individuality
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Since opening its “doors” in 1852‚ Western ideals began to influence the way Japanese people saw themselves. Many did not believe a nation-state could be consolidated under the Tokugawa regime‚ and should therefore reform the government and the nation according to Western ideology. This is perhaps best exemplified in the Meiji Restoration‚ which began as a way to not only reform the old Tokugawa way of life‚ but to also transform Japan into a nation that could stand on equal grounds with the West
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From the Warring States Period and throughout the Edo Period‚ Japan has remained an isolationist country that wouldn’t tolerate any and all outside influence on their society if they deemed it as “morally corruptible”. To that extent‚ Japan went to great lengths to preserve their culture and expel Chinese influence on their faiths for almost two centuries; as well as being able to thrive even while being aware of the West. But it wouldn’t be long until the arrival of shipwrecked Portuguese sailors
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Corina Alegria Japan and Western Europe both had the same idea on how to industrialize their areas‚ however Japan isolated them selves and took longer‚ while Western Europe was open to ideas and changed quickly. Because Western Europe was growing so large at a faster pace‚ it inspired the Japanese to open their ideas to a broader spectrum. The main reason the Japanese wanted to see a change was because they saw Britain‚ Us‚ and the French on the increase by them selves. Japan didn’t want to be
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China and Japan are two unique civilizations that went through similar‚ yet vastly different changes throughout their histories. Their growth and response to other nations differed in many ways in government‚ lifestyle‚ and general well-being. One of the main causes for such difference between the countries is the way the West influenced each region‚ and the way China and Japan responded to this influence. China focused more on the idea of being a "status oriented" society‚ while Japan was more
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Conglomerates & Franchises By Emily Chui & Benjamin Chu Let’s Define: Conglomerate- a large business that is made of different kinds of companies Franchise- the right or license granted to an individual or group to market a company’s goods or services in a particular territory; also : a business granted such a right or license Let’s Simplify: Conglomerate- a company that owns other smaller companies Franchise- a business that is part of a single chain; can be owned corporately or privately
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The six conglomerates of the media industry are made up of Disney‚ Comcast‚ Time Warner‚ 21st Century Fox‚ CBS Corp‚ and Viacom. Disney‚ Comcast‚ Time Warner‚ and 21st Century Fox are the leading conglomerates in annual sales. CBS Corp and Viacom earned $13.17 and $13.26 billion in annual sales in 2017 respectively (Hoover’s). This is much less than the other four companies‚ but it is enough for them to compete with the other conglomerates. CBS Corp and Viacom are secondary
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This time‚ it was a 9.0-magnitude earthquake just off the coast of Japan‚ followed by a gigantic tsunami and nuclear disaster. Some of the effects in Japan were obvious‚ while others we may not fully understand for decades to come. With the two major earthquakes so close together‚ many people are comparing the two disasters. Here is a breakdown of the similarities and differences between the earthquakes in Haiti and Japan. Japan is one of the richest countries in the world while Haiti is one of
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