JKL Trading Researchers for JKL Trading, LLC have analyzed Japan as a possible country to export products in order to support JKL’s goal of spreading the company overseas as part of its globalization plan. Our team discovered Japan’s political environment is stable. Most business disputes settle out of court avoiding legal fees. Expropriation is not a problem in Japan. Japan does have regulations restricting the establishment of business facilities. Indirect regulations do influences prices on
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Different Social and Taboo Cultures and Business Etiquettes and How it Influences the Workplace When going to your workplace, DO NOT eat while on the streets or in public transportations. Breakfast and dinner is normally consumed at the person’s respective house or apartment. Men wear conservative business suits and women are encouraged to keep jewelry to a minimum. Women should not wear high heels if the result is towering over their male counterpart. Bow when meeting, thanking, apologizing or
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of the many things that makes us all different. When doing business with other countries it is a real gullible state of mind to think that all people in all places all have the same behaviors and ways of doing things. People should not be confused or taken for granted because they wear the same designer jeans, name brand shoes, or even speak the same language as they do. Same scenario when doing business, even more so if that business is to be done in another country or with someone with a different
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to do business, especially in a foreign country. Political risks are associated with government actions which deny or restrict the right of an investor or owner. These actions include war, insurrection and political violence. They are also able to devalue the firm by creating legislation that can increase taxes and tariffs, seize their property or restrict use of his/her assets which would then reduce the value of the firm (Howell, 2014). 3.1 Political Environment and Risk in Japan Japans political
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Planning University of Phoenix Global Business Strategies MGT 448 Jun 18, 2007 Country Risk and Strategic Planning Taking a new business concept overseas and installing facilities in a foreign country involves a great deal of preparation and forethought. Introducing a fitness/entertainment hub such as City Beach to the Japanese people, despite positive preliminary evidence, could end up being a catastrophic failure. With any overseas business venture, there are inherent risks that
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of cultural change in Japan during the 1990s? How is cultural change starting to affect traditional values in Japan? The triggers to Japan changing culture came by way of the “new kids on the block” thinking and becoming more focused on individualism than collectivism. Those participating in the new Japan no longer believe in the Japan is moving towards more individualism than collectivism after the economic bubble. Nonetheless, this is a good opportunity for Japan to adapt to the globalization
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1 It means peace and harmony; calmness, a reconciling of conflict. This concept pervades all relationships: family, business, government, and employee-employer. In business it is best seen in the consensus form of decision making. Anything that breaks the harmony of a relationship is terribly wrong. Negativism is bad, which explains why the Japanese have such a difficult time saying no in almost any circumstance. Furthermore, a lack of impoliteness is a form of discord and therefore shunned
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Country Risk and Entry Mode Selection Political, legal and regulatory risks Political, legal and regulatory risks, for example, exchange and repatriation of funds risks of our host country, Japan includes the following: Marketers must attempt to comply with the host country’s laws and regulations and keep up with laws and regulations that change frequently. Some examples of Political risks include: War, Social unrest, politically motivated violence, Social conditions, corruption, labor costs
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Globalization To Solve Japan's Prolonged Economic Stagnation: 2020 Tokyo Olympic, Establishment of Foreign Companies and Cultural Reform/Cultural Ramification Before Japan was globalized it was secluded from the rest of the world for nearly two centuries from1603 to 1868. This time period was called the Tokugawa Period. Even though Japan closed its ports to foreign trade, it was self sustainable and independent. This self sustainable society was maintained through its unique producer-consumer relationship
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A. In considering our possibilities for entering the Asian market, Japan is a likely choice because of the automobile manufacturing already in place in that country. Also, it would be good fit because our component would be a major benefit to improving their engines in Japan’s growing heavy-duty truck market. There is a large and skilled workforce and many facilities are in place that could possibly be utilized for our business. B. The issues our company would face are varied because of the nature
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