office of JETRO (Atlanta‚ Chicago‚ Denver‚ Houston‚ Los Angeles‚ New York‚ and San Francisco) on behalf of Japan External Trade Organization (JETRO)‚ Tokyo‚ Japan. Additional information is available at the Department of Justice‚ Washington‚ D.C. Misunderstandings caused by different communication styles often lead to lost business opportunities for foreign businesspeople dealing with Japan. This booklet is intended to fill such gaps. We asked Dr. Ernest Gundling‚ an intercultual specialist‚ to
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We are living in a period were trade is becoming more global by the day. Taxes and economic barriers seem to be like symptoms - from a disease - that fade away‚ as time goes by. The ability of fast communication between people and places has boosted many companies to expand in other countries. Yet‚ cultural and linguistic differentiations are the most sustainable features companies need to take under consideration‚ in a strategic planning of setting up abroad. A firm needs to become progressively
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Mexico’s Gross Domestic Product (GDP) in purchasing power parity (PPP) was estimated at US $1‚748.908 billion in 2012‚ and $1‚231.642 billion in nominal exchange rates. As such‚ its standard of living‚ as measured in GDP in PPP per capita was US $15‚782.897. The World Bank reported in 2009 that the country’s Gross National Income in market exchange rates was the second highest in Latin America‚ after Brazil at US $1‚830.392 billion‚ which lead to the highest income per capita in the region at $14
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Business etiquette in Japan The customs for meeting & greeting people Japanese seldom shake hands and can be so uncomfortable doing so‚ that they could avoid meeting again. Holding your hands together as a prayer and bowing your head slightly when you are greeting someone. When you are meeting someone for the first time‚ say ‘Hajimemashite’‚ which means ‘Hello‚ I am pleased to make your acquaintance’. Business dress code In Japan‚ people are often judged on the way they are dressed. In the
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Doing business in Japan. Konnichiwa! Today I’m going to cover a very interesting topic – Doing business in Japan. At first let me introduce myself – I am Linda-san. And it would be a great pleasure to present this mini-guide of doing business in this unique country. So let’s start. Japan’s cultural identity is as strong as that of any nation in the world. Her closed door policy‚ which existed from the early 1600s to the middle of the nineteenth century‚ created an isolated society. Much of the
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Introduction 2 Business Opportunity 2 Country Analysis 3 SWOT Analysis 10 Product Concept 10 Competition 12 Financial Sources 14 Information Sources 16 Business and Political Risks 16 Entry Strategy 17 Marketing Strategy 18 Financial Results 20 Business Success 21 Exit Strategy 22 Conclusion 23 Executive Summary Global Connections’ mission is to be known for connecting the world to the Internet. Brazil needs to be connected and Global Connections is
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1 Global Business Entry: Strategies and Alliances Team: Global Integration Greg Florey‚ Cherry Greene‚ Laurie Hackett‚ Clayton Mitchell‚ Ben Mosby‚ Tony Peralta University of Maryland‚ University College Dr. Monica Bolesta/AMBA 606D Spring 2006 2 Executive Summary Global expansion is the foundation to becoming a multinational firm. When attempting to enter into foreign markets‚ selection of the proper strategies and alliances play a critical role in determining company success. The purpose of
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BUSI 604: Week 8 Global Business Culture Analysis: Japan Charnequa Butts Dr. John Karaffa Liberty University May 30‚ 2013 Abstract This research paper looks into the cultural of the Japanese. The dimensions of culture to go over Japan’s history‚ religion‚ communication‚ and so forth‚ alongside Hofstede’s Dimension of Culture to determine the Japanese culture to that of the American culture. Also‚ this paper touches on the how business practices are conducted here in the United
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Global Cultural Flows The international cultural flows that exist today are outlined by the global theorist Arjun Appadurai (1996). He uses the suffix –scape to allow us to understand the fluid‚ irregular shapes that characterize international capital and indicate that they are not visibly the same from each angle but are influenced by historical‚ linguistic‚ and political situations. These landscapes are the building blocks that Appadurai calls “imagined worlds” – the multiple worlds that are
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highlight the fact that globalisation and the international models are two different concepts of modern day business. The business world is changing at a rate that would have been unimaginable in the past‚ due to technological advances. So let’s understand the real differences from a corporate perspective in terms of its reach and presence. An international model refers to a company conducting business and being located in different countries. Most multinational companies set up or acquire subsidiaries
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