social classes have been a tradition. Since World War II ended in 1945‚ “love” marriages have become more and more common. Social class has somewhat ended with the establishment of the Tenant Laws; which abolished landlords and divided land between Japanese peasants and farmers. Now‚ marriage is becoming much like that of the United States’. The rise of non-arranged marriage is a positive event; it is helping Japan progress towards a freer nation which is not tied down by it’s past. Marriages have
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the negotiation style of Japanese company is very important. The first etiquette is respect for the hierarchy. The society in Japan is known as an orthodox society and clear hierarchy. It’s shown not only in family but also in social relationship‚ especially in negotiation. Sometimes an American negotiator will assume‚ because he has the authority to bind his corporation‚ that his Japanese counterpart has equivalent authority. This is not always the case. Often the Japanese negotiator will be required
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Operations Management‚ 10e (Heizer/Render) Chapter 2 Operations Strategy in a Global Environment 1) NAFTA seeks to phase out all trade and tariff barriers among Canada‚ Mexico‚ and the United States. Answer: TRUE Diff: 2 Topic: A global view of operations AACSB: Multicultural and Diversity Objective: no LO 2) The World Trade Organization has helped to significantly reduce tariffs around the world. Answer: TRUE Diff: 2 Topic: A global view of operations AACSB: Multicultural
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Yubing Shi Reaction Paper 2 The original story of Akugawa’s “In the Grove” uses third person point of view. While in Akugawa’s adaption work‚ he examined the darker side of humanity by using multiple narrators to narrate their own agenda. Hence‚ each person gives a different account of the story which leaves reader to analyze what
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Japanese Target Costing: A Historical Perspective Patrick Feil‚ Keun-Hyo Yook‚ Il-Woon Kim INTRODUCTION Target costing originated in Japan in the 1960s‚ though it remained a secret for years. Since the 1980s‚ however‚ when target costing was widely recognized as a major factor for the superior competitive position of Japanese companies‚ extensive efforts have been made to convey target costing to Western companies. Many large companies in North America and Europe have tried to adopt target costing
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I. Advantages to high involvement management In order to fully understand and appreciate high involvement management (HIM) one must first understand what it is. Once you understand HIM you will hopefully see the many advantages to this type of leadership and work practices. High involvement management is by definition “carefully selecting and retaining associates and giving them significant decision-making power‚ information‚ and incentive compensation” (M. Hitt‚ 2011‚ p. 592). High involvement
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Carr to support his position that IT no longer gives companies a competitive advantage? Why or why not? Answer: I do not agree‚ IT is more expensive because of the technology that being use. Their are more training to overcome to understand the technology to those who are new to it. If all companies in a competitive industry invest in IT at the same approximate level of expenditure then IT cannot be a strategic advantage to a given company.The IT infrastructure and the continual improvements made
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1. What are the advantages and disadvantages of financial risk management? Financial risk management is the practice of creating economic value in a firm by using financial instruments to manage exposure to risk. Similar to general risk management‚ financial risk management requires identifying its sources‚ measuring it‚ and plans to address them. Financial risk includes various categories such as credit risk‚ market risk‚ liquidity risk‚ operation risk and reputation risk. These are risks
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country managed firm. Firm specific advantage in its final products. Standardized products manufactured at home. Only the transferable firm specific advantages are taken to the host country‚ meaning that they try to make exporting successful in international markets. No development of location bound firm specific advantages. International projector: Clones home operations into host countries. Knowledge based firm specific advantages are replicated from home country.
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Doxey’s Irritation Index The most well known theory of culture shock is “Doxey’s Irritation Index”. According to Doxey’s theory‚ when there is no touristic activity in the region‚ hosts are curious and interested in tourists; they are welcome‚ delighted and excited about tourists’ presence. Furthermore‚ it is a general phenomenon that more people move in and out of tourism sectors. Moreover‚ when the number of tourists increases‚ they are taken for granted and contact between tourists and hosts
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