CUHK International Summer School 2009 MGT 3580 Global Enterprise Management - Individual Country Analysis Assignment – Contents Page 1. Introduction – Japan in a Glance 3 2. Japan’s Current Economic Performance 3 1. GDP /Capital (PPP) and GDP growth Rate 3 2. Inflation Rate
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Doing Business in Japan 1. Concept of “nemawashi”. In order to do successful business in Japan‚ it is very important to understand the heart of the Japanese decision-making process‚ known as “nemawashi”. Nemawashi was originally a gardening term‚ which roughly translates as “to dig around the root of a tree a year or two before transplanting it”. In the terms of business‚ “nemawashi” is the organized and efficient consensus building procedure by which the approval of a proposed idea or project
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I recently spoke to a high-ranking Indian diplomat about the future of Indo-Japan relations in light of Shinzo Abe’s return to the premiership. The response was unwavering: India places “great importance” on its relationship with Japan and wants it to go “higher and higher.” With Abe at the helm‚ the time is ripe for this relationship to advance. Abe is known to be staunchly pro-Indian. Not only did he describe strengthening bilateral ties as extremely important to Japan’s interests in his 2006
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Japan PEST Analysis “Despite the damage done to Japan’s infrastructure by a powerful earthquake and tsunami in March 2011‚ the Economist Intelligence Unit expects the quality of the country’s overall business environment to continue improving. Enhancements to the macroeconomic environment‚ market opportunities‚ and policy towards private enterprise and competition will support the improvement in the overall business environment. However‚ the business environment will be adversely affected by
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"Success is never a destination - it is a journey" (Satenig St. Marie) and there is a company that understands that journey. Kodak has been around for many years providing families around the world with innovative and high quality products. Many homes worldwide recognize and associate film with the Kodak name. "The company ranks as a premier multinational corporation‚ with a brand recognized in virtually every country around the world" (Kodak History). However‚ the changes in technology create
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PEST Analysis of Japan Political Environment - Political Stability and Absence of Violence/Terrorism ranked Japan in 44th with +0.94 score(less violent and more stable). Japan also was ranked in 31st with +1.25 scores in complete absence of corruption [1] - Restrictions access harmful published materials and allow regulate excessive disruption of social order but no restrictions on access to the internet [2] - Industrial policies influenced specific industries to gain international competitive
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managers are currently facing. Japan‚ the home country of tech giants Sony‚ Panasonic‚ and Sharp‚ has faced several talent recruitment challenges that have overturned the country’s reputation of excellence to a reputation that “is no longer considered to be on the cutting edge of cool.” The appeal to work in Japan and for a Japanese firm isn’t appealing for any longer for several reasons. For a country with companies that “were next to Western firms in popularity”‚ Japan now has a smaller economy
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Present day Japan and the United States share political economic and social similarities and differences such as both countries have a democratic government based around a constitution; however japan has incorporated a more traditional aspect of their culture by retaining the position of the emperor. Economically both are very similar in that they both run on the concept of free market and are both in the top five largest economies in the world. Differences would include the fact that Japan’s economy
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P&G Japan Q1. Why was SK-II so successful in Japan? Statement: By based on research of Japanese market‚ P&G made clear targeting and positioning‚ and developed new products which fulfilled customers’ needs‚ built the effective distribution. As a result‚ P&G could establish differentiation advantages for the following. • Product: “Foaming massage cloth” ‚ Elegant dispensing box “Foaming massage cloth” increase skin circulation through a massage while boosting skin clarity due to the microfibers’
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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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