office of JETRO (Atlanta‚ Chicago‚ Denver‚ Houston‚ Los Angeles‚ New York‚ and San Francisco) on behalf of Japan External Trade Organization (JETRO)‚ Tokyo‚ Japan. Additional information is available at the Department of Justice‚ Washington‚ D.C. Misunderstandings caused by different communication styles often lead to lost business opportunities for foreign businesspeople dealing with Japan. This booklet is intended to fill such gaps. We asked Dr. Ernest Gundling‚ an intercultual specialist‚ to
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Doing business in Japan. Konnichiwa! Today I’m going to cover a very interesting topic – Doing business in Japan. At first let me introduce myself – I am Linda-san. And it would be a great pleasure to present this mini-guide of doing business in this unique country. So let’s start. Japan’s cultural identity is as strong as that of any nation in the world. Her closed door policy‚ which existed from the early 1600s to the middle of the nineteenth century‚ created an isolated society. Much of the
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Doing Business in Japan Abstract This report will highlight the various aspects of Japanese culture important to understanding how the average Japanese man or woman goes about his or her day. This report will also analyze various aspects of Japanese culture which would be useful for a Canadian business person to have a successful and safe business stay in Canada‚ and very briefly highlight some differences between the Canadian and Japanese culture. TABLE OF CONTENTS Page
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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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Assignment Business XI Points to cover in this assignment on the 10 Countries Types on doing Business Cultural orientation Cognitive styles Negociation Value System Business Practice Hong Kong: Doing Business in Hong Kong Business & Trade in Hong Kong Employment in Hong Kong Tax Obligations of Non-Resident Business Operators Mandatory Provident Fund (MPF) System Capital Investment Entrant Scheme Entry Arrangement for Investment (to establish/join in business) in Hong Kong
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Chance Japan is very much open for business‚ Japan remains the world‘s third largest economy‚ after the U.S. and China‚ with a GDP of roughly $5.9 trillion. During 2011 the Japanese yen strengthened significantly against the U.S. dollar‚ reaching a 15-year high of 75.86 yen to the dollar in October 2011. American goods and services have never been more affordable for Japanese buyers. In 2011‚ the top exporters to Japan were China‚ US‚ Australia‚ Saudi Arabia‚ UAE‚ South Korea‚ and Indonesia. The
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profit maximization. However‚ as time goes by‚ more and more people concern about the social responsibility of firms‚ especially when the global economy falls into the trough. Entrepreneurs create their fortunes by forecasting demand of people‚ but to speak more precisely‚ the society turns their dream of wealth into reality. This is why the firms should take the needs of the whole society into account apart from profit earning. In fact‚ more and more well-known enterprises have been commencing on
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AFLAC introduced the AFLAC duck in the U.S. market to build brand awareness there. However‚ AFLAC’s brand awareness is very high in Japan. Should AFLAC use the same advertising campaign in Japan as it does in the United States? Is there any value to having identical advertising in both markets? Having introduced the maneki neko duck in Japan‚ should it now introduce it is the U.S. market as well? Basically‚ AFLAC should definitely not use the same advertising campaign in Japan as it does in the
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Cathay Pacific: Doing More with Less Cathay Pacific was one the most admired airline that flew to more than 90 destinations all over the world. They believed in providing service straight from the heart‚ encouraging product leadership and delivering superior financial returns. There were several important issues that led to Cathay Pacific to outsource its IT operations to IBM. Events that led to Outsourcing of IT operations Cathay Pacific for long has been known as an Asian airline. Since its
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Lecture 16 Cathay Pacific Doing More with Less Announcements • Final Exam vote 2 Final Exam Outline • 8-11am‚ Wednesday June 13 • Half short and long answers on theory and principles from course • Half case-study • Open or closed book??? 3 Cathay Pacific Characteristics • Mid-tier airline • 15‚000 staff‚ 77 wide body aircraft • Old airline – 50 years history – Vulnerable to cost cutting airlines • Global everywhere except China – Lost landing rights in 1984 –
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