everything else.” This week’s discussion topic may not be about the price of tea in China but instead may I lead in my response to this week’s discussion topic with some background concerning the price of fresh salmon in Japan? In the 1980’s‚ the price of fresh salmon in Japan was around 1‚600 yen/kilogram. 98% of Japan’s supply of fresh salmon in the 80’s was from wild sources. By 2001‚ 62% of the Japanese demand for salmon was being supplied from aquaculture or salmon farms. The significant
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(ideally) service more than one outlet. The reduction in transportation costs become direct savings to the owners‚ unlike product savings (that run through the production and sales process leading to a few %). Seven-Eleven’s supply chain strategy in Japan can be described as attempting to micro-match supply and demand using rapid replenishment. What are some risks associated with this? Micro-matching supply and demand using rapid replenishment has plenty of risk associated with it. It assumes each
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International Mergers If you had been a shareholder of Dow Jones‚ what tradeoffs would you have considered when deciding whether to take the $60 per share or the shares of Ruby Newco? If I had been a shareholder of Dow Jones at the time of their acquisition‚ I’d opt for the $60 per share in stock. According to McIntyre (2007)‚ Dow Jones stock made no progress from 2004 to early 2007 and by the end of 2004‚ the shares traded around the $40 mark with last month shares being in the $34 to
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National stereotypes and key dimensions of culture 136 Cross-cultural management 144 Culture embodied in national institutions 151 ■ Active Learning Case Culture clash at Pharmacia and Upjohn 130 ■ International Business Strategy in Action McDonald’s 135 Danone and Parmalat—going international‚ staying local 149 ■ Real Cases Do not throw your meishi! 154 Sport can be local and global: Manchester United 155 Patterns of global diversity and the implications of these differences have
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The Government of India (GOI) dropped a bombshell on tobacco Industry on Feb 6‚ 2001 to ban tobacco companies from advertising their products and sponsoring sports and culture events. The idea of this ban was to minimize or prevent adults‚ teens and young children from consuming tobacco products. Suhel Seth‚ CEO‚ Equus Advertising was very unhappy about the implementation of the ban‚ he quote ‘’the ban does not have teeth. It is a typical knee-jerk reaction by any Government to create some kind of
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evidence given in the case do you think Kodak’s charges of unfair trading practices against Fuji are valid? Support your answer. The charges were very valid. the Japanese government helped to create a ‘ profile sanctuary’ for Fuji in Japan by systematically denying Kodak access to Japanese distribution channels for consumer film and paper. Kodak claims Fuji has effectively shut Kodak products out of four distributors that have a 70% share of the photo distribution market. Fuji has
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Philippine International Trading Corporation (PITC)‚ a line corporation under the Department of Trade and Industry (DTI)‚ is a self-sustaining government corporation operating under its Revised Charter‚ Presidential Decree (PD) 1071 (1077) as amended. Since its establishment in 1973 as the government’s only international trading corporation‚ Philippine International Trading Corporation (PITC)‚ has been in the forefront of the Government’s economic agenda on market expansion‚ global competitiveness
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Shinto in Modern Japan Religion is a constant variable in today’s world as well as the past. In order to understand Shinto in modern Japan first Shinto must be looked at from the past. Native Japanese religion states Shinto is the way of the gods. Going into depth of Shinto history and the modern view of Shinto now will bring up where Shinto originated from‚ it’s comparison to other religions‚ and Shinto’s role in modern Japan. Like many main religions‚ Shinto originated from prehistoric times
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contested between Japan‚ Taiwan and China. For simplicity sake‚ this paper will disregard the political uncertainty between Taiwan and China‚ and consider Taiwan as a Chinese entity. Japan claims that those islands have been under Japanese sovereignty since 1895‚ when the islands were annexed into Japanese territory after finding them to be terra nullius. China claims to have acquired those islands through discovery and historical use since 1372‚ but ceded those islands to Japan in 1895 under the
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in section 3 “Transportation”. • Question 6 is discussed in section 6 “7-Eleven in the United States” EXECUTIVE SUMMARY The case study reports about the Supply Chain Strategy of Seven Eleven Japan (SEJ)‚ the largest convenient store operator and franchisor in Japan. Seven Eleven Japan provides several helpful understanding about achieving supply chain strategic fit in the convenient store industry. In this industry‚ responsiveness of the supply chain is the most important factor. Firstly
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