...Country report South Korea – Electronic Yu Ming Lin Country Profile In February 1945 the end of World War II, Korean Peninsula divided into North and South Korea. South Korea also name Republic of Korea, 99,392 sq. km, has a population of almost 50 million, and has its capital at Seoul, the largest city in Korea. The second largest city is Busan, which is the country’s main port, has wonderful nature harbor beside the delta of Nakdong River. The major industrial prior 1948 was agriculture in Korea peninsula, South Korea was in a sever environment of economic. The war damage and the refugee from North Korea keep South Korea inflation and unemployment. Korea is full of mineral source, however, most minerals concentrated in the North such as gold, coal, ore, iron and graphite. There are some tungsten, amorphous graphite, coal, and iron in South Korea and the distribution percentage is North 80%~90% to South 10%. International trade Balance Of Payment The table above is the South Korea’s balance of payments account and this table can track the payments to and the receipts from other countries from 2006 to 2010. As we can see the current account surplus in all five years and it means that these five years South Korea exports more goods, services, and income than it imports. (Data from world databank) The Current Account In October 2011, South Korea’s current account surplus US4000 Million. South Korea’s growing economy relies on exports, and the most important exports...
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...‘There is no “single” Asian past. We must always acknowledge the diversity of experiences related to class, gender, ethnicity, religion, caste, family and kinship arrangements, or other indices of social differentiation, to fully appreciate the complex history of Asia.’ The area known to us as Asia sits on the eastern side of the landmass of Eurasia and is the largest continent, encompassing a staggering 17 million square miles. Asia is home to a variety of cultures, religions, governments and mindsets, giving it a wide base for a complex history involving largely different groups of people. These different groups, or ethnicities, all formed their own histories over time, which when combined together give Asia more than one past, they arise into an intricate and comprehensive history fashioned by a diversity of experiences. Therefore, there is no ‘single’ Asian past; we must delve into each single experience to gain insight into the prolific and wide ranging history that gathers under the one banner of ‘Asia’. Each country within Asia has its own geographic links to other nations and cultures. These links were expanded on by exploration, trade routes and missionary ventures. These vital networks allowed cultural influences to travel from country to country, resulting in each nation in Asia receiving different influences from the next. In turn, this led to widespread variety amongst individual countries. These networks were invaluable to allow the able interaction of cultures...
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...Japan’s Economic Malaise In 1989 Japan was widely viewed as an economic super-power. After three decades of robust economic growth it had risen to become the world’s second-largest economy. Japanese companies seemed to be obliterating entire American industries, from automobiles and semiconductors to earthmoving equipment and consumer electronics. Japanese companies were buying assets in the United States, including movie studios (Universal Studios and Columbia Pictures), golf courses (Pebble Beach), and real estate (the Rockefeller Center in New York). The stock market was booming, the Nikkei index hitting an all-time high of 38,957 in December 1989, an increase of more than 600 percent since 1980. Property prices had risen so much that one square mile of Tokyo was said to be worth more than the entire United States. Books were written about the Japanese threat to American dominance. Management theorists praised Japanese companies for their strategic savvy and management excellence. Economists were predicting that Japan would overtake America to become the world’s largest economy by 2010. It didn’t happen. In quick succession the stock market collapsed and property prices rapidly followed it down. Japanese banks, which had financed much of the boom in asset prices with easy money, now found their balance sheets loaded with bad debt, and they sharply contracted lending. As the stock market plunged and property prices imploded, individuals saw their net worth shrink. Japanese...
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...reading culture IV: Intercultural communication in reading culture among Japanese and Vietnamese people PART C: CONCLUSION PART A: INTRODUCTION I: Rationale With the trend of globalization and integration, many traditional values have been forgotten. Computer, telephone appears more and more frequent. Of course, they have many advantages but frankly, book always is a biggest resources of knowledge. And reading is a crucial thing to do if we want to get the better future. I am a student, who always want to learn and explore about the differences between the culture of Japan and Vietnam. I realized reading culture is one of characteristics need to mentioned. Besides that, I am also love reading book. As a result, I decided to choose this study. 2: Aim of the study The aim of study are: - To point out the importance of reading culture . - To analyse or compare reading culture between Japan and Vietnam. 3: Objectives of the study I wish to invite reflection on reading or, more precisely on reading culture. I naturally want to use my thoughts knowledge and I propose to do so by mean of reading culture. Reading culture can...
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...INDUSTRIAL CO BERHAD 1) Describe in a half page company background Kenmark Industrial Co. (M) Berhad is a Malaysia-based company. The Company is engaged in the manufacturing of computer workstations, cabinets, furniture; printing of packaging materials; the distribution of consumer products, and investment holding. The Company is also engaged in plastic injection for furniture parts, and assembly and distribution of liquid crystal display (LCD). It exports its products to the United States, Europe, Japan and Australia. The Company’s wholly owned subsidiaries include Kenmark Paper Sdn. Bhd., which is engaged in manufacturing plastic parts for wooden furniture and cabinets, and investment holding; Kenmark (Labuan) Limited, which is engaged in international trading, commission agent and investment holding; Phoenix International Group Limited, which is engaged in trading in electronic devices, and Billion Dynamic Sdn. Bhd., which is engaged in the assembling and trading of electronic devices. http://klse.i3investor.com/servlets/stk/bizbg/7030.jsp KENMARK INDUSTRIAL CO (M) BERHAD Previous company name Name change date Company Overview Kenmark Industrial Co. (M) Berhad is a Malaysian-based firm involved in the manufacturing and trading of computer workstations, cabinets, furniture, and related products in Malaysia. It is a publicly quoted company incorporated in September 1988, and has its registered head officelocated in Kuala Lumpur, Malaysia. The company’s common stock...
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...Policy Brief to address the issue of South Korean access to rare-earth minerals Eleonora Nam 201232133 "China controls about 95% of the global supply of rare-earth minerals, which are used in everything from consumer electronics to batteries to defense systems. In recent years the government has reduced its export quotas to secure greater control over prices...China's export restrictions on rare earths have been the focus of the international policy and market pressures in recent months." - Wall Street Journal Issue: China is the "world leader" in the reserves and "production" of rare earth minerals - raw material for the production of metals. It produces 95-97% of all rare earth elements on earth. Moreover, China does not allow the export of rare earth elements as raw materials, only finished products that are made in China. China's monopoly power in the REE market allows to influence "international affairs". As Elliot Brennan pointed out, with the increasing demand, reduced exports of Beijing in recent years is forcing high-tech companies to move to China and governments to invest in their "exploration" and "production." Most importantly, this power allows China to manipulate the prices of the rare earths, for the demand is increasing each year. Nowadays, none of the technology industry can do without the use of the rare earths, which are necessary for the production of products such as smart phones, wind turbines, batteries for electric vehicles, as well as...
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...YAMAHA 1-Introduction: Yamaha has added value to people lifes with creativity. 2-Body: 1. Yamaha’s History Yamaha was established in 1887 as a silent piano and reed organ manufacturer by Torakusu Yamaha. The company's origins as a musical instrument manufacturer is still reflected today in the group's logo a trio of interlocking tuning forks. After World War II company president Tomiko Genichi Kawakami repurposed the remains of the company's war-time production machinery and the company's expertise in metallurgical technologies to the manufacture of motorcycles. 2. First Model The YA-1 ("Red Dragonfly"), of which 125 were built in the first year of production. 3. Currently, Yamaha Yamaha has grown to become the world's largest manufacturer of musical instruments. 4. Yamaha's Philosophy Beauty is an extremely important element in design. The beauty of handcrafted objects, or a more modern beauty. A sense of presence that inspires the player. Beauty that captivates the audience. A elegant presence in space. A harmony of materials. The rhythm of form. Passion and silence. Line and surface. Color, mass and weight. We pursue beauty from every possible perspective. 3-Conslision: Yamaha creative identity is like a signature on each product. 1887 | Torakusu Yamaha builds his first reed organ | 1897 | Nippon Gakki Co., Ltd. (current Yamaha Corporation) is established with capital of 100,000 yen | 1900 | Begins production of...
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...of country or industry factors; b. Assess the quality of the reporting in terms of Zadek’s (1997) criteria c. Evaluate the extent to which it would be appropriate for the two companies to use a standardized approach; d. Make recommendations about how each of the reports could be improved and why A. Set out the differences between the reports of the two companies in terms of the range of issues dealt with in the reports and the depth of the coverage. Mitsubishi Materials CSR Report 2011 The report is deliberately made to inform everyone with some interest in the Mitsubishi Materials and the Mitsubishi Materials Group and at the same time raise more awareness on the Corporate Social Responsibility (CSR) activities undertaken and still...
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...different topics back then for them to broadcast so this was a very effective way to convey that information. Once we reached the 1940s and 1950s the development of radios and television made things allot easier to convey the news. However, in most cases families and individuals were not able to afford the “high tech” gadgets, so many people still relied on newspapers and magazines to stay on top of the news. In the 1960s, the development and launch of satellite’s allowed the news to become more internationalized. Instead of just hearing what is going on in your state or home town, you were now able to know what was happening in Japan or Africa for instance. Sense then, our mass media communications have dramatically changed. This has made it much easier to stay on top of things with little to no wait times. For the most part, with our mobile devices or through breaking news on our televisions, we are able to be informed of things almost as they happen with little delay. Eventually with the continuous growth of electronics and new inventions, we will have immediate reports of existing issues like Isis or even things like the death of a celebrity. No matter how you use the media and news, there is a beneficial way that everyone has in receiving...
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...Global strategy of LG Electronics as a leading Korean company Tomikazu Hiraga Senior research Fellow NLI Research Institute Economic recovery in advanced countries including Japan is still sluggish, although corporate financial performance has been recovering gradually. And companies whose business activities in emerging countries experiencing an economic boom account for a larger proportion tend to show better financial performance. Leading Korean companies have a larger presence in the world market and attract considerable attention. I will focus on LG Electronics, Inc., a leading company ranking with Samsung Electronics Co., Ltd. in the world’s electrical and electronics industries, with the largest market share in home appliances markets in important emerging countries, such as India, Brazil, and Indonesia, and relatively advanced management methods including corporate governance, which are highly valued, and will discuss features or important points of its global management and personnel strategy in this article. (Reference: Exchange rates as of August 5, 2010 were as follows. The Japanese yen/Korean won foreign exchange rate was approximately ¥0.074 to the Korean won. The Japanese yen/Indian rupee rate was approximately ¥1.87 to the Indian rupee. ) Leading Korean zaibatsu—The LG group The Korean zaibatsu (chaebol), a unique large companies group, is very influential in Korea’s corporate sector. Top 28 companies by market capitalization other than public corporations account...
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...A. Identify one country in Eastern Asia (e.g., Japan, China, North Korea, South Korea, Macau, Taiwan, or Mongolia) to be the focus of your essay. I chose Japan as the focus of my essay. In addition to being a lovely country with rich history, Japan is also a hub of business, producing great art, fantastic video games, cars, computers, and other electronics, a few examples among many business avenues that can be found in Japan. There is likely something in everyone's life that has roots in Japan in one way or another. B. Identify major cross-cultural issues that may impact Company A’s marketing approach in this situation. 1. Describe how the issues you identified may impact the approach Company A takes. Bringing two cultures together is a delicate objective. A challenge that is an automatic given is the challenge of communication, with language being the first challenge. It is the most major of cross-cultural issues that may impact Company A's marketing approach in this situation. If one is not fluent in the native language, then a translator is absolutely essential, and it is best to have a translator that is local to the region in which business is to be conducted. Even if one is very fluent in the native language, it's still a good idea to have a translator local to the region to assist with business proceedings. The reason for this is because of a second challenge Company A will encounter in its business endeavor – regional dialect, or lingo. It's not enough...
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...Global strategy of LG Electronics as a leading Korean company Tomikazu Hiraga Senior research Fellow NLI Research Institute Economic recovery in advanced countries including Japan is still sluggish, although corporate financial performance has been recovering gradually. And companies whose business activities in emerging countries experiencing an economic boom account for a larger proportion tend to show better financial performance. Leading Korean companies have a larger presence in the world market and attract considerable attention. I will focus on LG Electronics, Inc., a leading company ranking with Samsung Electronics Co., Ltd. in the world’s electrical and electronics industries, with the largest market share in home appliances markets in important emerging countries, such as India, Brazil, and Indonesia, and relatively advanced management methods including corporate governance, which are highly valued, and will discuss features or important points of its global management and personnel strategy in this article. (Reference: Exchange rates as of August 5, 2010 were as follows. The Japanese yen/Korean won foreign exchange rate was approximately ¥0.074 to the Korean won. The Japanese yen/Indian rupee rate was approximately ¥1.87 to the Indian rupee. ) Leading Korean zaibatsu—The LG group The Korean zaibatsu (chaebol), a unique large companies group, is very influential in Korea’s corporate sector. Top 28 companies by market capitalization other than public corporations account...
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...Final Assignment HUM/176 Part 1- You are the chief editor of a large metropolitan daily newspaper. One of your reporters is caught fabricating sources and making up facts. How do you handle the situation, from disciplining the reporter to explaining it to your readers? As the editor there is a responsibility to both journalism and to the public to report accurate news stories. Through this public apology, I the editor assure you the readers that the fabrication of the material of reporter John Doe was not a reflection of the reputation of this newspaper to print misleading false stories and the direct result of the deception caused ABC Newspaper to terminate employment however the reporter wanted to comment on his role in reporting the news. I would like to apologize for misleading the readers of this fine newspaper and to give the main reason for my deception. News is as time sensitive medium. It requires up- to- date reporting. If a person reports a story several days after the event happens; no one will be interested nor be impacted by the story. The purpose of reporting the news is to bring awareness to the people who are impacted by it. The desperation in bringing the story first caused a loss in judgment and ethics. With the increased delivery methods, including newspapers, television, radio, online newspaper web pages, and blogging, It became apparent that to capture the audience I would have to use sensationalistic tactics to do so. These tactics in journalism are...
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...Business Culture in Japan “Different types of Corporate Culture” Michelle Hufman 20723 Submitted to Mr. Teruji Suzuki Date xx-01-2012 Academic Year 2011/2012 Semester: Fall «Japan's corporate culture is the product of uniquely Japanese social and Historical influences, so deeply rooted as to easily repel outside influences but Japanese corporations need to change their basic goals....» This essay will discuss nature of corporate culture in Japan, and why change is needed. Findings The Japanese business culture has been described by Beedham as a Culture that acts like a clan, in that there is a large amount of authority given to the man at the top, and in the commitment that is shown by the people around him, beedham points out that this can be evident in the way that their car factories, investment banks and government ministries are ran. This clan-like-behaviour has the effect of making decision making painfully slow, With compromises having to be met in all directions, but this is starting to Change, as the people of Japan are starting to change and have different priorities. These changes can be put down to several factors that are changing in Japanese society as a whole. The increasing and speeding up of urbanisation is one way in which corporate culture is being changed. Because of this urbanisation there is less commitment to groups as people become more individual and have their own priority in life. Marriage and family ties are also starting to loosen. Links...
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...World Society in Literature and Film-Japan Asian Studies 0868 Temple University Fall Semester 2015 Dr. P.B. Reagan Class meets Tuesday and Thursday 9:30.A.M.-10:50 P.M. in Ritter Hall 107 Office: 830 Anderson Hall Office Hours: TR 11:00-1:50 P.M. and by appointment E-mail: paul.reagan@temple.edu Course Description and Objective “Learn about a particular national culture-Japanese-by taking a guided tour of its literature and film. Knowledge of Japanese language is not required to take this course. The student will gain the fresh, subtle understanding that comes from integrating across different forms of human expression. Some of the issues that will be illuminated by looking at culture through the lens of literature and film: family structures and how they are changing, national self-perceptions, pivotal moments in history,, economic issues,, social change and diversity…” NOTE: This course fulfills the World Society (GG)requirement for students under GenEd and International Studies (IS)for students under Core. Attributes: Gen ED Global World Society GenEd World Society courses explore societies and cultures outside the United States. These courses take one of two approaches. Some concentrate on a single nation or region, examining in depth its political, social, historical, cultural, artistic, literary, geographic, and economic landscape. Another approach is to investigate globalization and its effects across nations and regions. Goals and Expected...
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