- Again china ranks first as country in export(double the US)
- Japan mostly imports natural resources fossil fuels, lumber
- Japan imports goods like electronics, machinery and optical instruments
=> Japan’s comparative advantage
b. Quotas
Japan imposes a quota rate on 17 products to Korea, mainly Agricultural
Products and fish
Ex) Quota of 2.4million sheets of Korean Seawe
with H&M’s lower PPE/sales and higher working capital/sales ratios, Inditex’s high PPE/sales ratio of 37.8% is offset by low working capital/sales ratio of 0.6%, thereby generating slightly higher but comparable capital turnover ratio and ROIC. In other words, Inditex and H&M possess similar level of capital efficiency measured by capital turnover, yet with different competitive advantages.
1. Compare and contrast Toyota’s manufacturing system with a conventional mass-production system. What are the advantages of Toyota’s system?
Difference American Automobile Company Toyota
생산방식 소품종 대량생산 다품종 소량생산
재고관리 대규모재고 재고최소화 (Just-in Time)
하청업체와 관계 시장경쟁원리 강조 지속적이고 장기적인 관
Compared to other usual countries, Indian believes in their religion with philosophical and reasonable thought. It is the reason that there is no conflict between philosophy and religion in India.
‘Unity in diversity’ is not just another phrase or quotation. But, these words are highly prudent to a country like India that is incredibly rich in culture and heritage. Few quotations or statemen
2. Background of the concept of MIS
Comparing to other product, dairy products such as milk requires the highest quality of taste and freshness through all the process from the ranch to the market. Lots of people today receive milk. Each time when they drink milk they expect freshness. Therefore the company should predict the exact demand, construct sophisticated customer database, logistics &