advantage in an industry. The presence supplier industries or related industries that are internationally competitive can spill over and contribute to other industries. Successful industries tend to be groped in clusters of related industries. This was one of the most pervasive findings of Porter’s study. Firm Strategy‚ Structure‚ and Rivalry explains the conditions governing how companies are created‚ organized‚ and managed‚ and the nature of domestic rivalry. Porter makes two important points‚
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Week 9 DQ 2. Describe your staffing approach (ethnocentric‚ polycentric‚ or geocentric) and why you are choosing this approach. In doing business in a Japan‚ the polycentric staffing approach would work best. In this approach Host country nationals occupy positions in the foreign subsidiary. Some transfers of HCNs to headquarters also take place. The approach eliminates the language barriers‚ and typically HCNs are less expensive. This policy is best used when companies want to keep hiring
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regions of the world‚ Europe and Japan‚ each independently developed very similar systems of feudalism‚ in which vassals held land from lords in exchange for military service. This system played a huge role in what these countries would grow to become. In both regions‚ the decentralization of the time period led to the development of constitutional governmental structures‚ and the distinct separation of classes impacted the creation of similar societies in which there was greater social mobility. On the
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Westernization of China and Japan Non Western countries such as China and Japan dealing with the pressure from the West to modernize‚ industrialize‚ and westernize. Japan and China both had significant differences in terms of how both parties dealt and responded to the pressure of West expanding throughout their lands. Although both countries had remarkable differences‚ there were definitely similarities. The differences and similarities on how China and Japan reacted to the western imperialism
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Theme Paper Katana: The Spirit of Japan [Author ’s Name Removed] [Course Ccode Rremoved]: Introduction to the Humanities Course Facilitator: [Facilitator ’s Name Removed]February 14‚ 2004 Katana: The Spirit of Japan The Japanese sword has evolved alongside with the people of Japan for over a thousand years and has been a striking symbol of the spirit and history of old Japan. History has shown that the nature of the Japanese sword is a reflection of Japan ’s people‚ culture‚ attitudes and tradition
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In this essay I will look into the Sengoku period of Japan known as the warring states period and the three unifiers based in this period (Oda Nobunaga‚ Toyotomi Hideyoshi‚ and Tokugawa Ieyasu). I will look into the part all of these Daimyo played and make a comparison to see who played the leading role in Japans unification. The sengoku period came about after the end of the Onin War and left a power vacuum as to who was the ruler of Japan and started the power struggle between local daimyos who
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In 1853‚ Western imperialism was at its height. It was spreading to several countries. British colonized India‚ the dutch colonized Indonesia‚ the United States colonized the philippines‚ and the french colonized vietnam. In 1929‚ the crash of the stock market brought a worldwide depression‚ known as the Great Depression. The depression caused instability in many countries. International commerce declined and tax revenues‚ profits‚ and personal income decreased. The great depression especially impacted
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MKT 321 International Marketing Management Case Study 2: Louis Vuitton in Japan 1. What are the key success factors of LV in Japan? Since Louis Vuitton entered the Japan market in 1968‚ it became the most popular luxury brand in Japan by having 28 percent share in Japan’s market. The key success of LV in Japan is mainly contributed by the appropriate balance in keeping the brand globalized while localized at certain areas for the Japanese. To achieve this outcome‚ the consistency in product
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Technology and science in Japan The technology industry is composed of companies producing electronic components‚ scientific and technical instruments‚ computer hardware and software‚ and computer services. It is a very fast paced‚ competitive industry in which innovation is the key to success. The technology industry employs a relatively large workgroup engaged in sales and promotion‚ as the success of a new or improved product depends heavily upon consumers being aware of‚ and interested
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Japan Strength Abundant entertainment Tokyo provides a range of attractions for visitors looking for authentic Japanese culture‚ numerous shops‚ restaurants‚ museums‚ art galleries‚ and sightseeing‚ including modern buildings and historic architecture. Centre for business Tokyo is a global business hub‚ including international conventions. Tokyo’s stock exchange is one of the world’s big three stock exchange Weakness Expensive Though Japan has experienced deflation in recent years
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