...Economic Strength: Japan is the 2nd largest economy based on gross domestic product which stands at $34,000.00 per capita. The unemployment rate is one of the lowest at 4%. This indicates that there is a good standard of living, most of the population are employed, thus the population has disposable income and can spend on luxury items such as sea-doos. Japan has a strong currency which trades 1 JPY for 0.121 CAD. The economic stability and strong currency provides a sound investment platform for global businesses. Target Market Size: Japan has an overall population of 127,078,679. 64.3% of the population are between the ages of 15 to 64, which incorporates our target market age group. The 64.3% represents approximately 41,187,425 males and 40,533,876 females. Moreover, 66% of the total population are urban dwellers which are ideal for our product. A highly urban population eases promotional tasks by having access to the population through major cities rather than rural area. Out of the approximately 127.5 million people who reside in Japan, 99% are literate and 66.4% work in the service industry. This goes to show us that their employees are well educated and generally earn a good income which goes to show they can afford to spend more. According to a recent survey by the World Tourism Organization, the Japanese take 25 days per year off for vacationing. This is ideal for Bombardier, as our water crafts are primarily going to be used during vacation time (personal...
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...Japanese culture. As I grew up watching “Japan Hour” on TV, I remembered admiring their serene way of life, picking salmons in their back yard and cooking it fresh, always to the delight of the guests squealing “Oishi!” at the first bite. Nothing beats the scenery of their natural environment, and having seen the vast size and beauty of Japan in television, I told myself that one day, I would like to explore as many cities as I can over there. Looking into my household, I remembered how Japan made products are always favoured by my father as compared to China or even some US made products because of the attention to quality found in the Japanese workmanship. Growing up, I used to find their conservativeness & strict attitude highly admirable, and now at this stage of life, I’ve come to learn that beyond their personal life, their distinctive cultural characteristics also encompasses the way they lead their businesses and nation. Cultural analysis of Japan The Japanese population of 128 million people in Japan are mostly found in the coastal areas and urban regions due to the mountainous nature of the country. There are three main metropolitan areas – Tokyo, Osaka and Nagoya, with Tokyo having a population of 30 million. Tokyo is the largest city in the world. Every country has its own unique culture. There is no sense in saying that one country is more unique than the other. Except when it comes to Japan. In many ways Japan resembles Europe or even US, but it also...
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...Faramarz Damanpour is a Professor of Finance and International Business at James Madison University. He is an author of several business articles and has been featured in many business journals. His main purpose of this article is to get the reader to understand the differences between the cultures, decision-making, and employment strategies of Japan and the United States. This topic is suitable for my research paper because it helps me answer the first research question, which deals with the elements and dimensions of culture of Japan. Fukuda, J. (1992). The internationalization of Japanese business: different approaches, similar problems. The International Executive , 34 (1), 27-41. John Fukuda is a professor in the department of the International Business at the Chinese University of Hong Kong. He has written peer reviewed articles for the International Executive. His main purpose for this article is to get the reader to understand the Japanese's approach to business versus the other countries. This article is suitable for my research paper because it helps me to answer question numbers 1 and 2 of the Business cultural analysis. Fukukawa, K., & Teramoto, Y. (2008). Understanding Japanese CSR: the reflections of managers in the field of global operations. Journal of Business Ethics , 85 (1), 133-146. Kyoko Fukuawa is a Senior lecturer in marketing at Bradford University School of Management. Her publications appear in the Journal of Business Ethics...
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...BUSI604: International Business Global Cultural Analysis: Japan Liberty University June 24, 2013 Abstract This paper provided an opportunity to take a deeper look into the country of Japan by conducting a Global Cultural Analysis. Throughout this paper the following four research areas were explored: 1.What is the major elements and dimensions of culture in Japan? 2. How are these elements and dimensions integrated by locals conducting business in Japan? 3. How does U.S. culture and business compare with the elements and dimensions of culture integrated by the locals conducting business in Japan? 4. What are the implications for U.S. businesses that wish to conduct business with Japan? Japan has the third largest economy in the world. Having one of the largest economies comes with many rewards as well as challenges. Japan’s main reason for success is their culture. “Japan’s culture stems first from bushido, an ancient code that exalts loyalty to one’s superiors” (Emery, 2001, para.1). Japan has also been successful in part because of their superlative electronic and Information Technology industries as well as a very strong automotive industry. Imports and exports have been in instrumental in Japan’s success. “Japan is the 5th largest importer and exporter in the world,” (Japan Export, & Trade, 2013, para.1). Despite Japan’s prominent position, they have been experiencing major financial issues just like the rest of the world. Japan’s...
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...Analysis of the Authors Interpretation of Postwar Japan and Purpose in the Writing of “Reckoning with War in the Museum” In “The Reckoning with War in the Museum”, Laura E. Hein paints a picture about postwar Japan through her summary depicting the history of the then freshly built Modern Art museum, Kamakura, founded just after World War II. The Kamakura Museum of Modern Art was established in 1951 by Kanagawa Prefecture, led by assistant director Hijikata Teiichi, and designed to create a new institution that would exemplify a democratic aesthetic as well as inhibit Japan from repeating such a devastating war. The curators sought for a museum that embodied both the concept that artistically Japan was an exact copy of modern Europe and the idea of a single national civilization in Japan. This is significant because this was all occurring around the time when Japan was still under the Allied Occupation. The occupation aimed to make japan into a peaceful democratic country from 1945-1952. During this time, Japan’s people were very stressed out with changes affecting every bit of their lives including changes in disarmament, liberalization, democratization, modernity, and the overall stress to reach perfection as an Asian country with other countries watching their every move. However, Japan was also unified by the strong aspiration to avoid repeating this disastrous experience. For example, as Laura Hein states, “postwar Japanese saw their task as reshaping Japanese society...
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...in Japan | Executive Summary For the analysis of bringing Tayto into Japan we used three different tools to analyze and conclude on three different levels. The PEST analysis analysed the country from more of a macro level. From this analysis we learned that the political system is similar to Irelands, but has experienced some recent turmoil. The economic situation is still very strong, but has been in a slow and pretty steady decline caused by the Asian financial crisis and the recession. We learned they are a typical high context culture with strict rules, and long decision times. As well they are a technologically advanced culture with good infrastructure. To look at the relation of our product in the market we used the diamond analysis. This showed that Japan has a great work force, and good access to relating and supporting industries. There is also an established demand for potato chips, but seems to be a gap in the market that Tayto could exploit. The SWOT took a much closer look at Tayto and determined that even though it has a strong presence in Ireland and the UK it is still not a huge global player. It also pointed out some cost cutting opportunities, via FDI and further emphasised the large population as an opportunity for Tayto it also made clear that competition in the snack industry is everywhere, and the costs of setting up a business via FDI could be very high. Finally we drew the conclusion that given all the positive and negative aspects, Japan posed...
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...CASE STUDY ANALYSIS OF P&G: SK-II GLOBALIZATION PROJECT FOR: Professor Howard Kupferman Written by: Andres Torres Procter and Gamble Case Study Analysis Actors: 1. Alan Lafley: Head of P&G Beauty Care GBU 2. Paolo de Cesare: President of Max Factor Japan 3. Durk Jager: P&G CEO 4. GLT: Global Leadership Team (made up of business GM’s of crucial MDO’s, people from R&D, consumer research, product supply, HR, and finance). Chaired by Lafley. INTRO: In this case study we are introduced to P&G as an organization and their changes in structure overtime. More specifically, after the acquisition of Max Factor Japan and success in its SK-II line, questions are raised about whether global expansion is feasible and profitable as a franchise. De Cesare ran this skin-care line in Japan, but he reported directly to Lafley. This is crucial because global expansion would require Lafley’s approval in budgeting and organizational support. P&G recently went through major organizational changes over a period of six years known as O2005. This created huge questions in the strategy that would be put together in the case of a global expansion for SK-II. Within the U.S. Procter & Gamble originally followed an organizational structure consisting of seven different divisions that were furthermore shattered into 26 distinct categories. Each category had its own R&D, supply management and marketing. In addition, the international organization...
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...employees overcome verbal and nonverbal barriers as they travel to another country on short employment assignments. My employees will be traveling to Japan. The native Language for most people in the destination country, which is Japan, is much different from the business language English. Japan is located on Eastern Asia, island chain between the North Pacific Ocean and the Sea of Japan east of the Korean peninsula. Muslim Ummah of North America (n.d.) Japan landmarks have some of the large amount densely populated areas of the world. In addition, there is a great deal of Japan’s 125 million people live in multitude of cities along the coast. Most of Japan consists of mountains and hills. Japan has become a familiar leader in high technology electronics. Japan is an important producer of computers televisions, cameras, and audio equipment. Cultural dissimilarity effective communication has need of translating the basic values, motives, ambition, and supposition that operates across geographic lines. The Importance of Effective Communication (n.d) Therefore gave some theatrical differences across cultures in moving toward to such as time, space and privacy, the chance for mis-communication in cross-cultural situations that are abundant. ( The Importance of Effective Communication) The last visit that I made to Japan occurred while I worked for a Japanese company in the United States. I noticed that the Japanese staff gives details and only the conclusion to...
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...academy award winning documentary, The Cove did a wonderful job on shining a light on the questionable hunting practices on dolphins in Japan. Dolphin hunting in Japan as practiced in The Cove are unnecessary and cruel. Dolphins killed in the Taji dolphin drive hunts are several times greater than those in the antarctic and most other seas. (WDC Dolphin Hunts). Almost 23,000 dolphins and other sea mammals are killed or captured in Japan every year, by the ever-growing countries whaling industry (WDC Dolphin Hunts). The typical practices used in Japan to hunt their dolphins is very unnecessary, cruel and should have greater consequences towards those unethical practices of dolphin hunting and capturing. The way in which the Japanese gather dolphins and kill them is flat-out unnecessary. The fishermen herd the dolphins towards land into a sheltered cove and then cover them with a net to prevent their escape. They then used to...
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...Introduction Report introduction The following report will be based on Mitsubishi Japan; it will contain details on what they are currently doing. The main focus of the report will be on automobile as this is the chosen segment of the company. Company background Mitsubishi have been establish since 1870 and is involved in not only the automobile industries but also in electronics and electrical products ranging from air conditioners, hydraulic equipments, ships, aircrafts and even missile and space related products. Country background Japan was chosen as it is the founding country of Mitsubishi and thus has a rich history to it. Japan itself also has a wide and unique culture but however won’t be discussed in here. SWOT analysis This report is going to talk about the Strengths, Weakness, Opportunity and Threats of the company Mitsubishi motor band name , High market share internationally and Huge portfolio Strengths Brand name: Mitsubishi, being an international company has built a famous made and also a trustworthy name. High market share internationally: Mitsubishi holds a huge amount of market share compared to other companies due to their quality yet low priced products and thus widely affordable. Huge portfolio: Mitsubishi has a huge range of products and thus is able to provide income even if one product fails. Weaknesses Past record: Mitsubishi had a recall of vehicles in 2012 due to faulty oil seal, this caused their reputation along...
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...500 English sentences Problem Scott was 26 years old come from the United State to Japan. He has been living in Japan for 18 mouths. He joined in JET (the Japan Exchange and Teaching) program to become teacher. This program was established to support Japanese English teachers and develop. The first school that he taught is Naka high school. After moving to Nishi High school, he was required correct a manuscript of a text called 500 English sentences by Mr. Honda- the head of English at Nishi High School. In Scott opinion, This manuscript is not perfect because Mr. Honda use idea of John- a 22 years old Canadian who had just graduated with a degree in chemistry. However, due to Scott seniority, English degree, and good association with Nishi High, Scott is still asked to sign in incorrect manuscript of 500 English sentences. Scott does not want to sign in because he looks forward to his future with change to get better training of karate as well as beautiful life with his girl in Japan. Solution Scott should refuse to endorse because the old textbook had been taught for about 10 years so what would happen if the new manuscript going to repeat again. This harms not only students but also Nishi High Scholl education. The other reason is to agree with the endorsement means he goes against with his first purpose of putting his English degree to good use. He should protect what he thinks it is right. Since, this situation is...
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...1. Introduction 1.1 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 operations after the Tsunami washed away port facilities, leaving the area in tatters. Ports such as Hachinohe, Ishinomaki and Onahama were severely damaged and it would take months before operations can resume. It will take some time for Japan to rebuild itself as this is the worst disaster to hit the country since the Hiroshima/Nagasaki nuclear bombing during the World War 2. 1.2 Objectives of Project The team will be doing a research and critical analysis on how the crisis has affected Japan’s economy and how the revival of Japan will benefit the shipping economy. The areas of focus will be on the economic impacts of the various shipping markets and other factors contributing to the crisis and forecasting the future outcome in the shipping industry. We intend to go beyond the surface and dig deep into the crisis to fully understand how dealing with a crisis really works. This includes looking at past records as well as analyzing the situation in...
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...Case Study 1 Paolo De Cesare will need to consider various factors before making a decision to take the proposal to the beauty care global business unit to expand. One significant factor that needs to be considered is the fact that the consumers in the market outside Japan have totally different cultures than those consumers in Japan. In order for SK-II to be successful in the international market, P&G and De Cesare must first analyze the current situation in those markets to be able to identify the strategic opportunities and threats. In order to make the best possible decision regarding product expansion to Mainland China and Europe, it is important to analyze those international markets based on the SWOT analysis. One of the biggest opportunities in China is that consumers there have similar skin types than consumers in Japan. One of the biggest threats is that most Chinese residence has relatively low average incomes, which could affect their purchasing behaviors especially towards high priced products like SK-II, which cost about $100 a bottle. Europe’s market is quite different from China’s. European women have skin types unlike that of Chinese and Japanese women. The biggest threats are the difference in skin types among European women, the cultural gap between Europe and Asia, and the overcrowded skincare and beauty market in Europe. Thus, the big challenge for P&G would be to successfully introduce a new brand into an already crowded market. One of the biggest...
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...Ishikawa Research Paper Ishikawa was a university professor and an innovator of quality management, is known as the Ishikawa diagram or cause-effect diagram or fishbone diagram, used in the analysis of industrial processes and whose charts grouped by categories all the causes of problems. In 1939 Kaoru Ishikawa graduated from the University of Tokyo with an Engineering degree in Applied Chemistry. He was born in Tokyo in 1915, the oldest of eight children of Ichiro Ishikawa. His first job was as a naval technical leader, and worked there until 1941, when transferred to the Nissan Liquid Fuel Company, where he worked until 1947 before becoming an associate professor at the University of Tokyo. He received his doctorate in engineering from Tokyo University and was promoted to professor in 1960, taught at the engineering of the university. Ishikawa joined the International Organization for Standardization (ISO), an international association created to set standards for the various companies and products and that Japan had joined in 1952. Since 1977 was the chairman of the delegation of Japan. He was also chairman of the Musashi Institute of Technology in Japan. One of Ishikawa's early achievements contributed to the success of quality circles (1962). The cause-and-effect diagram or more simplistic Fishbone Diagram and perhaps the achievement for which he is best known, has provided a powerful tool that can easily be used by non-specialists to analyze and solve...
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...years. Animal husbandry is highly depending on climate and relevant conditions, while in Australia almost all of these conditions can be satisfied which can give NAPCO a good foundation to development. Asian market is firm’s focus not only because Australia is close to it but also associated with other business issues. External environment Demographic Asia and America is two major export destinations of NAPCO’s high quality beef. These area own over one forth of earth population which means they can provide giant market and requirement to company. Although these countries like China Japan and America are more likely have aging population structure, it may hardly influence the beef market due to beef is suit for everyone. Australia is surround by sea and close to Asia which means it’s easy for company to export by ship or plane. According to the income level of the target market like Japan, US, Koear and china, there are stable requirement of high quality beef and no ethic issue can impact people choose beef. Economy After the global economic crisis in 2008, Asian and America has get rid of the negative impact of it step by step, especially Asia. In that case, economical situation is stabilized and these countries’ citizens are able to chase high standard life which can result in they purchase better food and daily use to improve their life quality such as beef as food. Thus, it is a nice opportunity of rising of beef industry. Although, recently, the European debt crisis...
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