...Doing Business in Japan Nemawashi is a concept in Japanese culture wherein important decisions are derived from a consensus. The original meaning of Nemawashi is “it smooth around roots before planting” (Nemawashi, 04/12/2010, http://japanese.about.com/library/weekly/aa080597.htm). The Japanese use the term in their business culture to mean that there must be an agreement with all prior to making an important decision regarding the business. One advantage of this type of business structure is that it gives everyone involved with the business an opportunity to evaluate all agreements and decisions that are to made. This is similar to an agenda in US business culture in that, all information pertaining to what decision is to be made is is set before everyone and as a business they work together to develop a strategy that works for all. Another advantage is that with the consent of everyone involved it will allow the company to do away with most if not all disputes. With US Corporations the decision making is usually done by head executives. They make a decision and order the decision to be followed from top to bottom. This can be considered a disadvantage, being that a lot of times the top is unaware of the consequences either positive or negative the decision that was made has on the company as a whole until something bad or good has happened within the company. A disadvantage of nemawashi can be the time it may take time for everyone to come to an agreement regarding a decision...
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...Doing Business in Japan xxxxxxxxxxx Harvord University Doing Business in Japan Nemawashi is a concept in Japanese culture wherein important decisions are derived from a consensus. The original meaning of Nemawashi is “it smooth around roots before planting” (Nemawashi, 04/12/2010, http://japanese.about.com/library/weekly/aa080597.htm). The Japanese use the term in their business culture to mean that there must be an agreement with all prior to making an important decision regarding the business. One advantage of this type of business structure is that it gives everyone involved with the business an opportunity to evaluate all agreements and decisions that are to made. This is similar to an agenda in US business culture in that, all information pertaining to what decision is to be made is is set before everyone and as a business they work together to develop a strategy that works for all. Another advantage is that with the consent of everyone involved it will allow the company to do away with most if not all disputes. With US Corporations the decision making is usually done by head executives. They make a decision and order the decision to be followed from top to bottom. This can be considered a disadvantage, being that a lot of times the top is unaware of the consequences either positive or negative the decision that was made has on the company as a whole until something bad or good has happened within the company. A disadvantage of nemawashi can be the time it may...
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...“Lucian Blaga” University of Sibiu The Faculty of Economics Master in Business Management, C1 Doing Business in Japan 2013 Introduction Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south. The characters that make up Japan's name mean "sun-origin", which is why Japan is sometimes referred to as the "Land of the Rising Sun". Japan is an archipelago of 6,852 islands. The four largest islands are Honshu, Hokkaido, Kyushu and Shikoku. Together, these four islands hold about 97 percent of Japan's land area. Japan has the world's tenth-largest population, with more than 126 million people. Honshū's Greater Tokyo Area, includes the de facto capital city of Tokyo and several surrounding prefectures. It is the largest metropolitan area in the world, with more than 30 million residents. Japanese culture has evolved greatly from its origins. Contemporary culture combines influences from Asia, Europe and North America. Traditional Japanese arts include crafts such as ceramics, textiles, lacquerware, swords and dolls; performances...
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...Open Journal of Social Sciences, 2014, 2, 11-18 Published Online March 2014 in SciRes. http://www.scirp.org/journal/jss http://dx.doi.org/10.4236/jss.2014.23003 Exploring Competitive Strategies of China Ceramic Tile Industrial Cluster in Global Economy Mei-Hor Lo, Dechang Han Business School, Nankai University, Tianjin, China Email: matthew@gearex.com.tw Received November 2013 Abstract In this paper, we discuss the competitive paradigm between globalization and local development in the ceramic tile industrial cluster, based on the Porter’s theory in exploring the factors of the global competitiveness. We analysis the theory of cluster and competitive theory to compare two ceramic tile clusters in different contexts for tracing the mechanism and path constructed ceramic industry international competitiveness and strategy formation. In the study, we discuss what changes come into play addressing the radical changes in world markets, both for ceramic tiles and for surrounding ceramic tile supportive industries. These issues will be discussed with amount of literature reviews through the various perspectives to explore more comprehensive insight to China ceramic tile industry. Keywords Ceramic Tile; Industry Cluster; Agglomeration; Competitive Strategy; Resource Based View 1. Introduction As the world’s largest producer, consumer and exporter of ceramic tiles, the sheer scale of China’s volumes has been driving world growth in production, consumption and exports for...
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...Table of Contents 1. Introduction a. Economy b. Business practice c. Customs and Protocols 2. Meet and Greet Etiquette 3. German Management Style 4. Negotiations 5. Conclusion Abstract Cultural challenges will occur when taking an American base company to doing business in Germany. Risks will need to be evaluated and overcome relating to the startup of a business in Germany. To identify these risks major differences and incompatibilities between U.S. and Germany need to be identified to guarantee the successful start of a business. Identify and evaluated opposing customs and protocols, cultural differences in business environment and research any trade barriers. Examine Germany’s meeting and greeting etiquette their beliefs and feelings of personal time and how they coincide with business. Understanding Germans culture, manners, economy and business practices will give a clearer vision on what to do and how to present oneself during a business presentation. These will all be discussed in the following pages to give a better picture on the customs and cultures on business etiquette in Germany. Introduction: The largest challenge in starting a business in Germany is to understand the way they do business and what the workforce is like. Being able to adapt to the cultural aspects of doing business in Germany requires understanding who they are and how they work. Germany...
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...by another business. As an example of how the court would verify this kind of situation, in the case RICHARD STORE CO. v. RICHARD'S WAREHOUSE SALES & AUCTION GALLERY, Inc. The Supreme Court affirmed in part and reversed in part a lower court decision that enjoined defendant from using the name "Richard" in its advertisements or to use it to acquaint the public with its goods or merchandise. The court held that the decree should have gone further and prohibited defendant from performing any act of advertising that would directly or indirectly represent to the public that plaintiff and defendant were affiliated. (63 So. 2d 502; 1953 Fla) In reference to the Gabby’s case, Gabby cannot use the name Rally’s as she wishes even though it is her surname. It is important to verify if any business in the local area is using that trade name. Of course she would be able to keep the legal name but always with a choice to change to a fictitious name if needed. It is required on all government forms and applications the use of a legal name of any business including applications for employer tax ID, licenses and permits. This legal name does not reflect on the name that the business wants to use on its regular operations. To use a different name a business should have a fictitious name registered with the local government agency. As explained by SBA.gov, 2011 “A fictitious name (or assumed name, trade name or DBA name, which is short for "doing business as") is a business name that...
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...DOING BUSINESS IN INDIA: India offers a stable and business friendly rules and regulations to start a new enterprise. Indian legal environment and policy attracts several foreign association and collaboration for doing business in India The factors that facilitates doing business in India: 1. The Indian economy is growing at a scorching pace * Gross Domestic Product during 2010-11: US$ 1518.2 billion (Rs 73.1 trillion) * Per capita income during 2010-11: US$ 1146.8 (Rs 54,835) 2. Foreign exchange reserves are rising * There is a steady flow of FDI: Amount of FDI inflows (for June 2011): US$ 5.6 billion 3. Exports are growing 4. Political factors: Better trade regulations and increase in the employment rate 5. Technological factors: Technological changes in India is for the growth of the country as there are new or improved distribution channels, improved communication and knowledge transfer 6. The capital market is booming. 7. Increasing demands of people for growth 8. Labor: India’s labor force is commonly viewed as being low-cost and highly skilled. Indeed, this perspective has induced several MNCs to out-source to India or to set up branches there 9. Infrastructure: Increase in private participation in infrastructure has lead to better results 10. Finance availability: There are large number of institutes that provide finance at a cheaper rate 11. R&D : research in comparison of the past has increased a lot...
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...[pic] Sample Business Plan (A Service) SMITH E-COMMERCE CONSULTING Mary Smith October 31, 2014 |Section 1: The Business Profile | |Description of My Business | | | |I plan to provide a complete service for the design, installation and maintenance of E-commerce marketing functions for my retail | |clients. I intend to evaluate the success of each installation and follow up to make changes to improve the effectiveness of the each | |site. | |Targeted Market and Customers | | | |My customers will be small businesses that can enhance their present sales by the utilization of E-commerce. Typical clients will | |require sites for the dual purpose of providing 24-hour information to customers as well as providing...
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...August 31, 2014 Mohamed Eissa Doing Business in Global Markets and the Effect Technology Has On The Industry There is no one nation, even with all of todays advanced technology, that can produce all the products its people want or need. Since the beginning of time nations have traded with other nations to get things their people wanted or needed. One reference that comes to mind is the many ships carrying gold, silver and other valuable goods that traveled from Europe to South America to trade their goods for spices. Exporting simply means selling a foreign country or companies goods and Importing means buying a country or companies goods. There are 194 countries that make up the global market. Some of these nations such as Venezuela and Russia have abundant natural resources but have little technological know- how, while other countries such as Japan and Switzerland have few natural resources but are rich in technological know- how. Through the process of free trade they can buy or trade their goods or money for things their countries need or want. Free trade is the movement of goods and services among nations without political or economic barriers. Countries also exchange more than goods and services, such as medical advances, space exploration and even labor. There are two theories of this exchange. The first is the Comparative Advantage which states that a country should sell to other countries the products it produces most effectively and efficiently, and...
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...Doing Business In (Report) Leeds Metropolitan University Module: Global Business Context Doing Business In... Index 1. Introduction .................................................................................................................. 3 2. Justified country choice ................................................................................................ 3 3. Most important Characteristics seek by the company. ................................................. 4 4. How Australia fulfils the requirements. ....................................................................... 5 5. Relevant Aspects of the Australian Macro and Micro Environment............................ 6 5.1 Macro Environment. ............................................................................................... 6 5.2 Micro Environment................................................................................................. 6 6. Conclusion .................................................................................................................... 7 7. Bibliography ................................................................................................................. 8 Page 2 Doing Business In... 1. Introduction Firstly, the focus of this report will be to analyse conclusions from Global Business Context task 2 and with suitable references indicate the most appropriate country to export my student support agency service. Likewise the previous...
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...buying of land. The company had agreed to do business with another company for the sale of land and both CEO of the two parties had already agreed on prices. Therefore, the report would how well the company will deal with the first customer and be able to cope with the problem that has emerged. (Chavez & Maes, 2006, April). It is with regard that I am reporting on an issue that had already been realized which is difficult to agree or disagree with. We were selling the land to company WXYZ but due to an appreciation of land within no time, we are ready to shift your deal to the billionaire who is willing to buy the land for a good price. The CEO to the company made a mistake in having an oral contract with the other party. This is because, if you promise to sell something to someone else, you have already made the contract. Apart from promising to sell the land, the CEO had already received ten thousand US dollars to make the contract live. As everyone is aware that a contract is a legally enforceable agreement between two or more parties. We as the company after realizing that we have made a woeful contract it is not a wise decision to get out of the deal. (Galaty, 2002). Therefore, the contract is real but we want to come out of it. The only alternative we can have is asking the other company whether they are willing to pay the amount the billionaire is willing to pay. If yes, we can assume the billionaire and do business with the company. If they are not ready relating...
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...Business Driven Technology Unit 5 Transforming Organizations McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Unit Five O Chapter Seventeen – Building Software to Support an Agile Organization O Chapter Eighteen – Managing Organizational Project O Chapter Nineteen - Outsourcing in the 21st Century O Chapter Twenty – Developing a 21st-Century Organization 18-2 Chapter 18 Managing Organizational Projects 18-3 LEARNING OUTCOMES 1. Explain the triple constraints and its importance in project management 2. Describe the fundamentals of project management 18-4 MANAGING SOFTWARE DEVELOPMENT PROJECTS O Analysts predict investment in IT projects worldwide through 2010 will be over $1 trillion O 70 percent will be lost due to failed projects O The consequences of failed projects include: O O O O O Damaged brand Lost goodwill Dissolution of partnerships Lost investment opportunities Low morale 18-5 The Triple Constraint O Project management interdependent variables 18-6 The Triple Constraint O Benjamin Franklin’s timeless advice - by failing to prepare, you prepare to fail - applies to software development projects O The Hackett Group analyzed 2,000 companies and discovered: O Three in 10 major IT projects fail O 21 percent of the companies state that they cannot adjust rapidly to market changes O One in four validates a business case for IT projects ...
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...Ako si Paula Katyana Tugonon at Evander mendoza. Kami ay nasa ika-apat na taon sa paaralan ng Southridge Private High School. Kami po ay humihingi ng inyong pahintulot na kayo po ay aming makapanayam tungkol sa inyong negosyo. Ang panayam na ito ay aming magiging proyekto sa Ekonomiks. Ang mga makakalap na sagot ay sisiguraduhin naming na ito ay magagamit lamang para sa aming pag-aaral. Sana po ay kami ay inyong mapayagan. Maraming salamat po. Panuto: 1.Ikaw ay aming bibigyan ng listahan ng mga tanong na aming itatanong sa panayam upang ikaw ay may pagkakataon na sabihin sa amin kung lahat ba ng aming katanungan ay inyong masasagot. 2.Ang inyong sagot ay pwedeng Ingles o Tagalog. Ang inyong mga kasagutan ay dapat base sa inyong tunay na karanasan lamang. Pakisagutan na lamang ang mga sumusunod na impormasyon sa baba. Pangalan: PONCIANO G. TUGONON JR. Edad: 43 _N Kasarian : LALAKI _ Tirahan: B27L15 MAGNOLIA STREET, SAINT GABRIEL HEIGHTS, DALIG, ANTIPOLO_ CITY. Ikaw ba ay nakatapos ng kolehiyo: HINDI REGULAR NA KOLEHIYO. SATECHNICAL/ VOCATIONAL SCHOOL AKO NAGTAPOS Anong kurso ang inyong tinapos: ELECTRONICS TECHNOLOGY _ Edad...
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...The situation faced by Mr. Verma is very complex as his step will not only affect his future business relations but also pride of the country as he is representing the country in front of the international delegation which is visiting other countries too. His act could be questioned by other sponsors as they would never want their relation with the hoteliers to get disturbed. The trio responsible for the act never appeared to have done any wrong doings before. Though it is appearing true he has to cross check genuineness of the story narrated to him because of the sensitivity of the issue. He first needs to assure Ms. Chauhan that he will take care of the issue and stop her from reporting to the police. If Ms. Chauhan reports to police the situation will become worse. The news will not only bring down employee confidence but also affect country’s reputation in some or the other way. His future business relations will also get affected. As it is still a week before the event, he has enough time to confirm the allegations. As stated, one of the three persons was glaring at Ms. Chauhan when she went to have lunch. If the trio is doing this intentionally they will repeat it again. This could be a case of misunderstanding due to country specific culture differences. If this is the case he needs to make Ms. Chahan understand that this can happen in any hospitality profession. On the other hand, if she (Ms. Chauhan) is correct than looking at his (Me. Verma) ethical behavior...
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...Kellie Stewart What do you do? My job is multifascited as the exec director, I manage the JMJ centers, 2 centers and mobile centers that go around on an RV. Coordinates everything, helps out in centers, go into the community. What JMJ is, what we do, promote that in the community to help secure volunterrs, fundin,g, promote awareness. Do a lot of strategic planning on how we're gonna grow. Trying to figure out what addicitonal programs we can offer. And then go out and do the speaking and build awareness. Various churches, youth ministries, and drink beer too. Whatever we need to do, oh I'll do it. I'm also an event planner. It's wonderful. Up until july, I was an engineer. Doing it for 11 years. Involved in JMJ, I loved everything about it, I was just busy. I had 3 little kids and work and all kinds of stuff going on. Not as involved as wanted to be. In April, our previous exec director wanted to retire. Looked at husband and said wanted to do this. Very fufilling. Transition into role. Completely new to me. So much fun and so awesome to be able to effect people's lives everyday. See the joy and gratefullness. Beautiful experence. Do you like your job? What do you like about it? I think the biggest thing is to be able to affect people in a positive way. As an enginner, I got to talk to oeopel and develop code, it was kind of boring and wasn't fulfilling. It was comfortable, I appreciated being paid very well. That was the hesitation. Once I made the jump, I realized...
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