How japan is contributing to globalization

How Japan is Contributing to Globalization

Globalization is one of the most important aspects of modern society affecting all spheres of life . Globalization involves public life politics , economy , culture and social development . Globalization and the initiation of new technologies have significantly changed the way business , government and society are organized . Japan 's presence has loomed large in the Asia-Pacific region after World War II . Population density and geographic isolation are the two crucial factors that cannot be overstated when discussing Japan . Most of Japan 's land area is mountainous and therefore

, the residential area represents only 3 , and the industrial area is only 1 .4 . However , Japan still generates an astounding 14 of the world 's GNP (Harukiyo , Hook , 2001

One of the key driving forces behind these changes is a new business model . Japan has made a great contribution to globalization process being a political and economic leader in the Asia-Pacific region . To be successful in global competition , firms become a triad power establishing strong competitive position in all three parts . Ohmae (1985 ) views the world market as being composed of three major parts the USA , Japan , and Europe . Ohmae (1995 ) also argues that the key to global success is the deliberate insideration ' of functional strengths of Japan economic system . He considers equidistance ' the critical requirement of a global strategy : seeing globally , thinking globally , and acting globally

In this process , Japan plays a core role as an economic and political leader controlling the new emerging . Ohmae argued that successful global companies had to be equally strong in Japan , Western Europe , and the United States . These three regions , which Ohmae collectively called the Triad , represented the dominant economic centers of the world Today , fully 75 of world income as measured by GNP is located in the Triad . Ohmae has revised his view of the world in the expanded Triad the Japanese leg encompasses the entire Pacific region the American leg includes Canada and Mexico and the boundary in Europe is moving eastward . Acer Inc . provides a perfect illustration of a company with a well-balanced revenue stream one-third of the company 's sales of computers and related equipment are in Asia , one-third in North America and another 20 are in Europe . Japan is responsive to local market conditions . The strategic imperative means the efficient global use of good marketing ideas rather than standardization , and an organization structure which encourages transfer of information from Japan to other countries . Global operations are tailored to maximize efficiency in concept development and effectiveness in local market delivery (Befu Guichard-Anguis , 2001 . Japanese multinational corporations which treat individual country markets separately are likely to disappear and be replaced by global corporations which sell standardized products the same way everywhere in the world . A major source of competitive advantage has become the ability to produce high-quality products at lowest cost , since global consumers will sacrifice their idiosyncratic preferences for the high-quality but low-priced products

Globalization and the initiation of new technologies have significantly changed the way business...