the concept of guanxi. How did McDoanald's lack of guanxi affect Its operations in China.
1) Guanxi(꽌시)의 개념
한자로 關係(관계)라 표기되는 ‘꽌시’는 개인적인 힘(Personal Power), 인간관계 (Relationship), 인맥(Connection) 등을 의미한다. 비즈니스를 함에 있어 인간관계는 어느 나라에서나 중요시되는 요소이지
is worth in terms ofthe other. It isthe value of a foreign nation’s currency in terms ofthe home nation’s currency. For example an exchange rate of 91 Japanese yen (JPY, ¥) tothe United States dollar (USD, $) means that 91 yen is worth the same as 1 dollar. The foreign exchange market is one ofthe largest markets inthe world. By some estimates, about 3.2 trillion US dollar worth of
In addition, economic crisis on Japanese economy had huge negative impact for Japanese companies to downsize its firm size and restructure. Following summaries indicate more in detail about how CEOs of each companies at different era tried to transform its company.
[Philips]
Philips’s decentralization had started since 1919 when Philips broadened sales organization and product line. The G
intheJapanese search industry. Baidu.com set up a subsidiary in Japan earlier this year andis preparing for a cutthroat competition.
Despite the challenging situation, NHN is positive about launching a new search business in Japan, based on our deep knowledge oftheindustry andtop-notch search technology.
Tapping Into Overseas Markets
Few people know that NHN has already experienced
of Christian Democrats, Philippine Democratic Socialist Party, and BANDILA.
It is believed that Philippine political parties are not based on political platform. Political platform is known as a manifesto which is a list of actions which a political party supports in order to appeal tothe general public. Thisisthe reason why many Philippine politicians are seen as opportunists who are inter