Summary and Analysis of Japanese, Korean and China Business Essay

Summary and Analysis of Japanese, Korean and China Business - Essay Example Horizontal KGBs are either ex-Zaibatsu (Mitsubishi, Mitsui), or bank-led (Sanwa, Fuyo). Vertical KGBs are divided into supplier and distribution: the former supply parts and components, whereas the latter operate as a distribution channel. There are also general trading companies (sogo shosha), which specialize in exports and imports and serve relevant intermediaries for foreign trade. Japanese enterprises exhibit and rely on unique management styles. Lifetime employment, seniority wages, and no lay-offs during recession are fairly regarded as the main and most advantageous features of the Japanese management style. Keiretsu companies can easily relocate their workforce from one unit to another, whereas bonuses play a cultural and historical role in profit sharing. As a result, Japan enjoys flexibility of labor compensation and has everything needed to reduce unemployment. Most Japanese enterprises start at the very bottom of the business ladder, gradually expand to become medium and large corporations and, eventually, win the world. Low prices and domestic markets are the two management priorities for start-ups. Management efficiency, technological improvements, huge R&D investments and managerial efficiency are the main drivers of business development in Japan. Lean production systems, division of labor, JIT philosophies, and economies of scale are all important sources of competitiveness. Kaizen is the basic system of quality control in Japan, which works through series of small improvements. Total Quality Control implies that employee participate in quality management. The success of Japanese firms is in (a) cost advantage; (b) long-term planning; (c) financial strategies; and (d) continuous striving to achieve high quality at a low cost. Until the beginning of the 1950s, the system and drivers of Foreign Direct Investments in Japan had been inward-looking and

How the country Music of that Era Helped Research Paper

How the country Music of that Era Helped - Research Paper Example After Great Depression and Sand Storm, Americans not only suffered financial break down but also emotional turmoil .Country music came out as a solace. Country music of this era has a profound impact on American’s subconscious. This music provided individuality to the nation. Americans identify themselves with Country singing. American country ballads were subjective and secular in nature. The music of that time is also known as Old time music and Mountain music. The year 1920 saw the first generation of Southern performers called hillybilly in Commercial music. The music of that era was recorded and sold but with the onset of Great Depression, people could not afford buying records but were able to enjoy free music on radio. Radio stations in 1920s were hungry for the live performances of the country singers and since then the popularity of this genre grew. The popularity of radio shows led to the creation of Barn dances. Various forms of country songs became popular like Roc k and Roll, Dansband, Southern Rock and Heartland Rock. The cousins Owen Gentry and Cook formed Alabama, the popular Rock Band, in 1969. They were known by the name Young Country. They first played at High school talent contest, won the first prize, and gradually decided to make music their full time career. They renamed it Wild Country and later called it Alabama. Alabama gave a new facet to the country music. They are not only famous for their soulful southern ballads that Writer 2 stirred emotions in women of all ages but also catered to the enthusiasm and the spirit of the youth of that era. As Galante remarks, â€Å"They really have a way of saying something different.†