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
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China | Japan | * Confucius Society * Forced into a reform mode * Realized‚ the West was eager to gain access to Chinese market (opium) * Technological superiority * The government tore up first railway line. * Modestly interested in Western military innovation. * Civil war broke out between semi-Christian religious group and the government. * Boxer Rebellion- Chinese rebellion against foreign influence. * Intrusions by Europeans reduce economy‚ increased hostility. * Footbinding
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Japan Japan is a country with a great deal of influence on the world economy. Many other nations around the globe work closely with this country through international business. With the increasing global importance of Asia and Pacific Rim‚ and economic and strategic significance of the US-Japan relationship‚ it is important that more Americans will improve their levels of cultural awareness to increase their national level of understanding of Japan. When working in the global commercial environment
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Background Japan has the third largest economy in the world. As it is surrounded by sea‚ the country’s port plays an important role in maritime transportation for both exports and imports. In March 2011‚ the world was affected when Japan was struck with natural disasters (Earthquake and Tsunami). This sudden disaster sent everyone around the world into frenzy. It affected Japan’s ports‚ shipping and logistics. As a result of the natural disasters‚ ports in the northern area of Japan had to stop
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One would think that a country would inevitably fall from peasant riots‚ wars for power‚ lack of resources‚ etc.‚ if it was isolated from the rest of the world. However‚ this is not always the case‚ as can be seen with Japan. It thrived while being isolated from the rest of the world for over two hundred years before it opened its ports again. It is important to understand the context behind Japan’s isolation starting in the Sengoku period. This time period was also known as the “Age of Warring
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DOLPHIN SLAUGHTER IN JAPAN The dolphin industry in the past‚ present‚ and future has changed dramatically through the last century. In the past‚ the industry was revolutionized by Ric O’barry and Flipper‚ the American television show. Today‚ in Taiji‚ Japan‚ more than 20‚000 dolphins are brutally murdered each year. Who knows what lies in the future? The history of the dolphin industry traces back to the 12th century in Japan. But Ric O’barry‚ who was involved in the capture and training of
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Business etiquette in Japan The customs for meeting & greeting people Japanese seldom shake hands and can be so uncomfortable doing so‚ that they could avoid meeting again. Holding your hands together as a prayer and bowing your head slightly when you are greeting someone. When you are meeting someone for the first time‚ say ‘Hajimemashite’‚ which means ‘Hello‚ I am pleased to make your acquaintance’. Business dress code In Japan‚ people are often judged on the way they are dressed. In the
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Earthquakes in Japan The Japan is located in an area where several continental and oceanic plates meet and create a major fault line; this is the cause of frequent earthquakes and the presence of many volcanoes and hot springs across Japan. If earthquakes occur below or close to the ocean‚ they may trigger tidal waves known as tsunami. Historic earthquakes Here is a brief history of earthquake in Japan. Many parts of this country have experienced devastating earthquakes and tidal waves in the
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Confucian temples in Japan Confucian temples in Japan aren’t numerous‚ all of them are connected with a cult of the great Chinese thinker Confucius (Kun-tszy) who was living in 551 – 479 BC. After his death in Qufu (Цюйфу) near his grave was built the first temple in his memory‚ which became pilgrimage place and Chinese shrine. In the VI century according to Emperor order in honor of Confucius in every city of the country were built temples‚ where are done ritual and sacrifice. With the spread of
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NEIGHBORS BUT STRANGERS: KOREA‚ CHINA AND JAPAN For more than 200 countries in the world‚ neighboring countries have the most compassionate ties above all. They may have some things viewed differently‚ but at least they share some basic traits and culture. However‚ this is not the case of the countries Korea‚ China and Japan. These three countries are so close yet so far. The prominent endurance of the civilization of the Chinese along with its phenomenal technological and economic progress
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