Japan Case Study

The main challenge about trade is the long-term condition of Japan. Although Japan performs well now, it is a receding market. There is a significant challenge for Japan in the future. It is facing a dwindling work population, as the average populace gets older. This provides a serious risk as if the workforce reduces in size so does the production. And production is one of the main factors that make Japan wealthy. In addition, even though it is the second largest economy in the world it will face high expenditure. This is a serious issue if not properly taken care of. However, a country with one of the highest GDP’s in the world is unlikely to mistreat

Economically, Japan is one of the most highly developed nations in the world. Japanese brand like Toyota, Sony, Fujifilm and Panasonic are famous across the globe. One common pattern which is followed by Japan from the very beginning is to import raw materials and processed them to make finished products which are sold domestically and exported. Agriculture and transportation are the highly developed industries in Japan. Japan’s main agricultural product is rice and most rice eaten in Japan is home grown. Shinkansen, or bullet trains ,are

create even more jobs for parts suppliers and service shops that cateur to japanese cars.

The first barrier that comes to mind is Language. Either the Company employs someone who is well versed in Japanese and from that Country or it forces the Japanese to speak English. As English is a more common language in the business world, it would seem as if that forces the Japanese to speak English.

Japans history dates back almost 53,000 years and is filled with interesting and fascinating events. Most of Japans actions have left the major world powers in the world stunned. The base of this amazing country is astonishing just by itself. The base is a bunch of active and large under water volcanoes. Japans uniqueness from the rest of the world ranges from its culture to its very interesting history to the change in government every few hundred years and their trading dilemma with petroleum and their assortment of fish that they export. Japan as a country is so very appealing and kind compared to the rest of the world its no wonder that it’s geographically separate from the rest of the world.

Currency: Japan uses the Yen, as The United States Uses the dollar. Exchange Rate 12/31/04 US=$1 and Yen = 110.5. Gross Domestic Product (GDP, at market exchange rate) $4.8 trillion for Japan and for the United States it is $11.50 trillion for 2004. Inflation Rate (consumer prices) Japan actually as a deflation of -0.4% as the United States as a inflation rate of 1.90%. Current Account Balance (2004F): $174.1 billion for Japan and the United States is 187.9 billion .Major Trading Partners for both countries.: Germany, Asian NIEs, China, OPEC Merchandise Exports (2004F): $522.4 billion for Japan and $630.57 billion for the United States. Merchandise Imports (2004F): $395.9 billion for Japan and 647 billion for United States. Merchandise Trade Surplus (2004F): $126.5 billion for Japan and for the United States it is $167 billion. Major Export Products for Both Countries: Machinery and transport equipment; chemical and other manufactured goods Major Import Products both countries: Chemical and other manufactured goods; machinery and transport equipment; mineral

Japan 's market economy, which is mostly industrial, is the third-largest economy in the world by GDP, which currently sits at 4.92 trillion USD. Japan has one of the world’s largest consumer markets, mostly due to its large population and well-educated work force.

Japan is an island nation that is located across the Japanese Sea. Japan consists of the islands of Hokkaiodo, Honshu, Shikoku, and Kyushu (Yamada & Kurashige, 2003). The landscape of Japan is seventy-one percent mountainous ("Population Demographics," 2007). Japan is a small country that is situated in the northern temperate zone. Japan experiences the four seasons similar to that of North America. Japan experiences typhoons which are a lot stronger than their sister hurricanes in the Atlantic (Yamada &

The culture of a place is an integral part of its society whether that place is a remote Indian village in Brazil or a highly industrialized city in Western Europe. The culture of Japan fascinates people in the United States because, at first glance, it seems so different. Everything that characterizes the United States--newness, racial heterogeneity, vast territory, informality, and an ethic of individualism-- is absent in Japan. There, one finds an ancient and homogeneous society, an ethic that emphasizes the importance of groups, and a tradition of formal behavior governing every aspect of daily living, from drinking tea to saying hello. On the surface at least, U.S. and Japanese

The deregulation of financial markets catalysed by Globalisation worldwide has impacted on the amount of trade within the Japanese economy beneficially allowing easier access to foreign currencies, facilitating a higher flow of goods between nation, by relaxing laws that severely prevented foreign buying of currency, and floating the yen. These drivers have helped boost Japan's trade and recovery from its recession. Technology has allowed finances to be traded and communication to be near to instantaneous. This has increased dramatically the amount of FDI into Japan largely thanks to the numerous strategies the Japanese government has taken to promote economic growth and hence development. Finance and Foreign Direct Investment (FDI) have increased as a direct result of globalisation doubling from $63 billion in 2001 to $144 billion in

Added to this, the difficulties met with Kelly to lead his communicate with customers; have discouraged the family, who has become aware regret. Finally, the family even wanted to return to their front, with its culture and customs.

     The Japanese culture has allowed for very little diversity. This started very early in their history. The social controls used to eliminate diversity are the family, the power of gender, the poor treatment of minority groups, the corporate Japanese mentality, and the respect required by people in authority. However, due to globalization and the shrinking of the world, Japanese society is starting to make the change to diversity. The individualistic mentality shared by the new technology driven younger generation is putting pressure on the old Japanese status quo. The transformation is happening very slow, but as the population ages and the old conservatives are being replaced by the new liberals, the old way

Japan is America’s fourth largest buyer of products. One thing that is very noticeable of the Japanese people is their love for technology, culture, and nice things. In terms of a new business, Japan would be the ideal place I would look into if a small business were extending across the waters. In terms of what will be sold, I would look into selling vehicle parts to mechanics and car fanatics such as turbos, struts, rims, car designs, decals, engines, etc. Japanese are some of the biggest names in drifting and racing when it comes to custom made cars and I think this would definitely thrive in this country. With the many different organizations that purchase and place accounts with companies in Japan for this reason, the company would

The country is a constitutional monarchy and although Japan has an Emperor, power is mainly within the Prime Minister and Diet’s control. Therefore, the Emperor is more a ceremonial figure. The National Diet is Japan’s bicameral legislature and is dominated by the social liberal Democratic Party of Japan and the conservative Liberal

Japan is located in the Pacific Ocean in East Asia close to the Asian market. It is 378,000 square kilometres with a total population in 2010 of 127.5 million people (Globaledge, 2011a). 98% of Japan’s population is Japanese. This can be beneficial when looking to enter the new market as a majority of the country holds the same culture and beliefs. It is an attractive market for Australian producers due to their relatively high average income and significant population (Austrade, 2011a).