...Internationalization Strategy of Elecdyne Company Student Name Course Name Course Code Author Affiliation Institute Date Table of Contents Introduction 4 Trend Analysis 5 Pest Analysis 5 Political 6 Economic 6 Social 6 Technological 6 Factor analysis 7 Framework Analysis 8 Internal Strength and Weaknesses Analysis 9 Factors for Internationalization (Weighted) 9 Political Factors 9 Economic 10 Social 10 Technological 11 Summary Table 11 Internationalizing 12 FDI Evaluation 12 References 14 Introduction Elcdyne is a Japanese company established back in 1990 specializing in electronic appliance production but has been on a struggling type of scenario and in need of a strategy to help it go through the crisis its experiencing. The management within Elecdyne had a sit in to discuss on measures which they can be able to boost their production while at the same time reducing on its costs, with an upper hand in gaining access to improved expertise and technology. This report will aim to evaluate three locations; UK, China and Brazil as possible best destinations where Elecdyne can build on their future, given the underlying facts of the business environment within the countries stated, looking into their policies as implemented by the governments and business collaborations within their environments that might turn out to be reasonable in terms of their future as a company, keeping in mind the type of products the company should...
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...specific nation force the product adaptation to those markets. Dandurand provides evaluation of two markets entry opportunities: Chinese and Japanese. These two countries have different economy, policies, and demographic situation, own history and culture. The article demonstrates how specific conditions of each country are essential for further planning and successful launching the product in international markets. We can see the core differences first of all in the economic ground. The population of China exceeds the population of Japan more than in 9 times. But at the same time per capita GNP in Japan in 44 times higher than Chinese. Consequently, these differences in economies are reflected in the purchase power of population and in start-up cost. The buyer power of potential consumers is one of the most important factors that is taken to the consideration while facing the decision about Asian market entry. It was estimated that start-up investment cost for China is $2.00 million, when for Japan- $10.0 million. Another important factor is that compare to China, Japan was the largest direct selling market in the world. The effect of the philosophy of company and selling strategy is obvious. Mary Kay mission is not just to supply women with cosmetics, but also with business opportunities and skin care system. To figure out how profitable the entering Asian market can be for MKC, it’s necessary to investigate the demand, needs, and preferences of Chinese and Japanese...
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...ANALYSIS & EVALUATION ASSIGNMENT 2005 The VSM Group Prepared by: Name Intake Reg No. Ivan HO MacNab 200455775 Vui Soon HO MacMaster 200352369 Franco LEE MacNab 200492442 Kim Loong NG MacNeil 200459087 Roland TAN MacNeil 200459176 1 EXECUTIVE SUMMARY 1 2 VSM GROUP 1 2.1 Organisational Purpose 1 2.2 Corporate Governance 2 2.3 Stakeholders 2 2.4 Organisational Performance 2 3 MACRO ENVIRONMENT 2 3.1 PESTEL Analysis 2 3.2 Scenario Building 3 4 SEWING MACHINE INDUSTRY 3 4.1 Global Business Environment 3 4.2 Market Analysis & Structure 3 4.3 Industry Analysis 4 4.4 Competitor Analysis 4 4.4.1 Market Segmentation 4 4.4.2 Strategic Group Analysis (SGA) 5 4.4.3 Customer Value 5 5 STRATEGIC CAPABILITIES 6 5.1 Resources and Competencies 6 5.2 Diagnosing Strategic Capability 6 5.3 Development of New Competencies 7 6 COMPETITIVE/BUSINESS STRATEGY 7 6.1 Basis of Competition 7 6.2 Sustaining Competitive Advantage 7 6.3 Basis of Future Competitive Strategy 7 7 STRATEGIC OPTIONS 8 7.1 Improvement on Operating Profits 8 7.1.1 Production Relocation 8 7.1.2 Revenue Growth 8 7.2 Long-term Growth and Strategies 8 7.2.1 Market Diversification 9 7.2.2 Revenue Diversification 9 7.2.3 Cost Efficiency 9 8 BUSINESS IDEA 10 9 STRATEGY EVALUATION 10 9...
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...chain of success was allowing employees to relax, leading to a culture of ineffective performance management. There were even whispers of discontent from the marketing team about a growing number of missed product launches. Hoffman knew that Vitality had recently struggled to maintain its position as an industry leader in innovation and he worried about the slow but notable increases in employee turnover, especially among the highly talented research scientists. Without their expertise, Vitality couldn’t remain vibrant much longer. The CEO, Beth Williams, had the same concerns. Hoffman thought about the meeting he’d just had with Williams, remembering her directionsDZ I want you to take the lead on the new Performance Management Evaluation Team. New product R&D has slowed and the competition will kill us if we don’t get those product engineers motivated. I need to know that this new performance...
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...THE GALLUP ORGANIZATION Evaluation Study in Selected Overseas Markets Ministry of Tourism, Govt. of India Report on Evaluation Study in Selected Overseas Markets For Market Research Division Ministry of Tourism Government of India March 2007 Evaluation Study in Selected Overseas Markets Ministry of Tourism, Govt. of India Table of Contents Chapter No. 1. 1.1.1 1.1.2 1.1.3 1.1.4 1.1.5 2. 2.1 2.2 3. 3.1 3.2 3.2.1 3.2.2 3.2.3 3.3 3.4 3.4.1 3.4.2 4. 4.1 4.2 4.2.1 4.3 4.3.1 4.3.2 4.3.3 4.3.4 4.3.5 5. 5.1 5.2 5.3 5.3.1 5.3.2 5.3.3 5.3.4 5.3.5 5.4 5.4.1 5.4.2 1 2 2 4 6 7 11 STUDY OBJECTIVES Primary Objective Secondary Objectives 1.1 Contents BACKGROUND Tourism Outlook Tourism Outlook – Global Tourism Outlook – Asia Tourism Outlook – Forecast Indian Economy Tourism Outlook – India 14 15 16 RESEARCH DESIGN Segments identified Segment definition Travelers Segment Trade Partners Directors of Tourism Office Methodology Sample Travelers Segment – Sample Split Trade Partners Segment – Sample Split 17 18 20 20 22 22 23 24 25 26 FINDINGS – TOURISM OFFICE EFFECTIVENESS Executive Summary Detailed Findings – Tourism Office Effectiveness – Travelers Awareness of India Tourism Offices Detailed Findings – Tourism Office Effectiveness – Trade Partners Key marketing Challenges Trade Partners Not dealing with India Disposition to deal with India in Future Efforts required...
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...Economics Development Impacts High Speed Rail Tom Kayo TMLT601, I001, Fall 15 American Public University Emmet Fritch December 26, 2015 Abstract This paper premise is the economic development impacts of transportation in general, as examined by Kumares, Sinha & Labi (2007). Multiple studies have revealed that investments in public transportation ultimately drives productivity and economic growth (Kumares, Sinha & Labi, 2007). This paper however will move away from highways and most common types of transit systems to focus on high speed rail and its potential economic development impacts in the United States. By examining additional resources such as World Bank analysis, papers from the MIT library, and reports from non-profit advocacy groups, this paper seeks answers on why a project with tremendous economic benefits has not yet happened in a country known for always being first when it comes to leading in innovation and economic development. Introduction In Kumares et al.’s. (2007), two types of transportation impact on economic development are listed. One is the impact on the overall economic development, driving income and jobs, for instance, and the other is the positive effect on investment, property appreciation and tax revenue. All of this correlates with higher wages and better communities. At the same times, when looking at other developed and emerging countries, like countries of the European Union and China for example it’s...
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...Seoul Journal of Business Volume 10, Number 1 (June 2004) Transformation of Korean HRM based on Confucian Values Jong-Tae Choi* College of Business Administration Seoul National University Abstract This study aims to find out the role of the Confucian family value in the process of the transformation of Korean HRM and IR in a hypercompetition period. I analyzed the characteristics and the transformation of Korean companies’ HRM as well as the core value system of Confucian familism. I suggest that a successful transformation of HRM in Korean companies requires an interplay between two factors. First is the genetic factor based on traditional Confucian culture of Korea (i.e., the DNA of Korean HRM), of which its advantages must be respected and preserved. Second factor is an adaptation ability, which modifies its own core competency and routine through an interaction with the environment. Korean HRM stands at a turning point now. The Korean economy is facing a hyper-competition in the global market. To survive, Korean companies have to improve their competitiveness. Also they must solve the problem of seniority-based HRM of Confucian values that hinders their competitiveness. To confront an inevitable transformation of the management system, Korean companies tried to solve the problem by bringing in a rapid growth process of North American HRM practices. But, unanticipated side effect has occurred in this process. As American HRM was uniformly adopted, traditional teamwork...
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...outlook towards economic growth and foreign investment are becoming noticeable. However,since Vietnam joined ASEAN in 1995, improvement of hard and soft infrastructures, which contributes to Vietnam’s economic development,is well underway,and industrialization and urbanization are rapidly progressing. This has caused the gravitation of population towards cities, and the impoverished conditions of rural communities. The citizens are now facing the difficulty created by widening earning differentials between city and rural communities. The serious environmental pollution such as air pollution(CO2,SOx,NOx), waste disposal,and water pollution occurred in urban area. There is a need to work out a countermeasure to this situation, need for the sound economic development of Vietnam. It is necessary to perceive environmental and social effects precisely and to learn from the experience of environmental destruction in the Japanese economy which is described as “noneconomic mindedness of economy inconsiderate of environment” in order to achieve sustainable development. The objective of this paper is to grasp the relationship between industrialization/urbanization and environmental pollution,to examine the appropriate environmental management in Vietnam compared to the Japanese environmental management system. 1. Environmental pollution by industrialization and urbanization in Vietnam 1-1 Present social and economic conditions in Vietnam1) Under the ‘Doi Moi’ policy,economic reform(To introduce...
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...accessories in affordable luxury market Mission: Ensure that the Coach brand remains a premier, distinctive and easily recognizable brand by delivering a consistent message to the customer through communications (coach.com, global e-commerce sites and social networking sites) and visual merchandising while protecting the brand from counterfeit goods Objectives * drive growth and increase market share by expanding their distribution channels to reach local consumers in emerging markets and leveraging the global opportunities * multichannel distribution model and increase global distribution * improve same store sales productivity and increase sales of products targeted toward men * build market share in North America, Japan through the addition of new stores * Raise brand awareness and build market share in underpenetrated markets such as Europe, Asia and South America * Anticipate consumer changing needs by being “consumer centric” through the use of extensive customer research and surveys to innovate to create customer and shareholder value * matching key luxury rivals in quality and style while pricing the goods at 50 percent or more cheaper than competitors Strategic Objectives Business Level Strategy * Product differentiation – “accessible luxury brand”. It can defend against new entrants since they have to surpass proven products; they also mitigate buyers’ power through the tiered pricing structure for its products * When products...
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...South Africa because of their economic growth. They believe that 2013 is the year of continent becomes a destination of choice for global choice. We have come to know that South Africa’s economies grown very strongly. On the other hand sub-Saharan economies such as Nigeria, Ethiopia, Angola, Ghana, Cote d’ivoire, Kenya, Uganda; while countries of developing world facing economic uncertainty.The economic growth of South Africa is not only by its wealth of natural resources but also by its investments in agriculture and manufacturing. There are lots of opportunities for private sectors now in Africa. As because of Asia’s economies growth is slow and their labor wages rise therefore Africa will become the next preferred destination for labours intensive manufacturing of products such as garments sector. They are attracted by people for their low-cost and light manufacturing though it’s still important to need to work on their humanitarian interventions. Africa will emerge in a respected member of global community in few years. Their new mission will be how to do the work in development aid to attract more private sectors. Suddenly, Africa’s economies changed for their three reasons. First of all, global uncertainty continues to be the norm in 2013, trade and investment flows between Africa and BRIC (BRAZIL, RUSSIA, INDIA, and CHINA). The second reason is Africa promotes stronger economic ties at home (AFRICA). And the third aspect is Africa's economic transition is continuing struggle...
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...strategy and tactics needed for success in the international business environment. Strategic analysis will include the study of the economic, social, political, technological, and environmental settings of international business via text readings and case studies. Tactics will include completing a country-focused Political-Economic-Social-Technological (PEST) analysis and a company-focused Strengths-Weaknesses-Opportunities-Threats (SWOT) analysis. These skills will then be applied to a simulation in which teams develop strategies for selecting countries for market expansion and development. Required Texts 1. Global Business Today (6th Edition), Charles W. Hill (McGraw Hill, 2009) ISBN: 007338139x. 2. FOUR (4) Case studies ARE REQUIRED and available to download from Harvard Business School Press, Ref. Number: http://harvardbusinessonline.hbsp.harvard.edu/relay.jhtml?name=cp&c=c22021. You will need to register first and use a credit card to download the cases. It is not permissible to photocopy another student’s cases: this is infringement of copyright and it is illegal. Highly Recommended: • There are also three (3) additional OPTIONAL readings available at the same Harvard Business School site. These readings will give you some background information on Japan (the focal company for the class project) and the medical industry in Japan. • The Economist (A 12-week...
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...DSC 2006 Operations Management Outsourcing [pic] I. Introduction Outsourcing is used extensively by both the manufacturing and service industries, and there are plenty of reasons to utilize outsourcing. Organizations make use of outsourcing usually in the interest of lowering cost and to make better use of time and energy costs, hence redirecting their energy to something more important or just to conserve energy. Outsourcing is essentially a division of labour. One simple example involves companies outsourcing their financial statements to accountancy firms to consolidate their expenditures, hence eliminating the need to hire an accountant. Another relevant example would be to hire the services of another company to manage all or parts of the services that otherwise would be otherwise rendered by an IT unit of the organization. Some reasons for outsourcing include organizations being able to focus purely on their core business, for example an automobile factory. The raw materials required to manufacture an automobile are outsourced to other companies and hence the company itself can focus on just creating quality automobiles. By outsourcing the raw materials to companies who specialize in providing them, they can also ensure that the raw materials are of reasonably better quality and this can be done by contracting with a new service level agreement. Another reason being companies are able to access the wide pool of talent available through hiring agencies. In layman terms...
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...Competitive Strategy Essay research: Trung Nguyen“Chasing the Starbucks Dream” Lecture: Mr Frankie Yee Group No: 4, Industry A Group members: Smita Mukesh-ID: 12515963 Anay mapuskar-ID: 12527640 Kaaviya Ramesh-ID: 12526283 Nguyen Minh Dao-ID: 12528600 Kathambari Ravichandran- ID: 12526461 Ram Hasubhai Kathadbhai- ID: 12526208 Date: January 9th 2011 Group 4 Table of Contents 1. 2. 3. Frankie Yee ` Executive summary ..................................................................................................................................................... 3 Introduction ..................................................................................................................................................................... 3 Company situation ......................................................................................................................................................... 4 3.1 Past and present performance............................................................................................................................... 4 4. External Analysis............................................................................................................................................................ 5 4.1 PESTEL factors ............................................................................................................................................................. 5 4.1.1 Political/Legal ..............
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...For exclusive use Macquarie University, 2015 9-412-002 REV: APRIL 3, 2013 TSEDAL NEELEY Language and Globalization: "Englishnization" at Rakuten (A) Our goal is not becoming No. 1 in Japan but becoming the No. 1 Internet services company in the world. By 2050, Japanese GDP as a portion of global GDP will shrink from 12% in 2006 to 3%. As we consider the future potential growth of the Japanese market and our company, global implementation is not a nice-to-have but a must-do. — Hiroshi Mikitani, Chairman and CEO, Rakuten Group With less than a year to go before his self-imposed deadline of migrating to the exclusive use of English at Rakuten, Japan’s largest online retailer, CEO Hiroshi Mikitani (HBS ‘93) found himself seated outside Paris at the May 2011 e-G8 summit1. Seated alongside Internet, political, and business luminaries, Mikitani was among those shaping technology’s future agenda. But his future, his company’s future, was closing in on him. In a matter of days he would announce his acquisition of Ikeda in Brazil, marking another step in his company’s global ascent. And in a matter of months, he would evaluate its most critical stride toward becoming the world’s No. 1 Internet services company: the transition of his 7,100 Tokyo employees from their native Japanese to English, the global language of business. The future of his company lay in the success of his boldest step yet. Mikitani’s vision rested with his Japanese employees, who had fifteen...
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...chief executive of Witan Investment trust advised: “ It is better to buy into fear and cheapness and sell into euphoria and high valuation, as long as you can endure the period before trends reverse. Investors should have this tattooed somewhere to prevent natural human psychology from making them do the opposite. Bill Mott, the manager of PSigma income, said “ in an uncertain world, investors should wait for the buying opportunities that volatile markets are certain to provide-but’ when the opportunities arise they should be prepared to brave. Alan Miller, co-founder of SCM private, advised his clients “When market offers you the chance to buy $1 notes for 70p, you should take it. And crashes don’t change fundamental values. He also said it’s very important to always have a...
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