SlideShare a Scribd company logo
1 of 3
Download to read offline
INTERNATIONAL BUSINESS AND TRADE
CASE STUDY: ASIAN YUPPIES-HAVING IT ALL
Young, urban professionals (Yuppies) in Asian markets appear to have found the right combination for
“having it all.” Due to high housing costs, most young people continue to live with their parents after
starting work and even after getting married. Income from their high-paying professional jobs is
therefore available to spend on a wide range of expensive, upscale consumer items such as cars, clothes,
consumer electronics, and club memberships. Prestigious European brand-name apparel is the most
sought after, such as Ungaro, Hugo Boss, Ermenegildo Zegna and Gianni Versace.
In the Sunrise Department Store of Taipei (Taiwan) Timberland deck shoes sell for $172; Ralph Lauren
shorts for $90; Allen Edmonds shoes for $306; and Giorgio Armani sports jacket for $1,280. Dickson
Concepts of Hong Kong concentrates on luxury brand name products such as Bulgari and Hermes
watches, Guy Laroche and Charles Jourdan clothing and accessories, and a variety of Ralph Lauren/Polo
products. Sales have grown 50 percent each year for the last five years. Tang’s of Singapore takes
upscale shopping one step further by targeting a subgroup of Yuppies which it calls NOPEs-not
outwardly prosperous or educated consumers- whose goal is to create an understated, discreet image of
wealth and success.
Not all Asian Yuppies are able to spend extravagantly even though they want to project an upscale
image. Seagrams launched a whiskey in Seoul South Korea called “Secret.” It sold for $9 a bottle and
achieved a 5 percent share of the total whiskey market, against the big-name brands of Chivas Regal and
Johnnie Walker Black Label, which usually sell for about $100 a bottle. Also in South Korea, Hyundai
introduced the flamboyant, brightly-colored Scoupe sports car for $10,000, aimed at those Yuppies who
cannot yet afford a BWM.
Surprisingly, Asian big-spenders may not be considered wealthy by Western standards. As an illustration,
average annual income in 1995 for a 32-year old banker ranged from $12,000 in Bangkok, Thailand, to
$18,000 in Taipei, $31,000 in Seoul, $32,000 in Singapore and $35,000 in Hong Kong. Nevertheless,
Yuppies’ incomes have been rising in these markets by 15-20 percent annually in recent years. Other
factors that promote big spending are relatively low taxes, fringe benefits such as company cars, and
housing allowances, and big end-of-year bonuses. This relatively high level of disposable income
becomes even more significant when one remembers that there are about a million people in their 20s
and 30s in professional, managerial, or technical jobs in the four markets of Singapore, Hong Kong,
Taipei, and Seoul. In addition, single, young, college-educated women in Japan are rapidly gaining a
worldwide reputation as conspicuous consumers.
CASE ANALYSIS (SIMPLIFIED FORMAT):
I. What is the Problem? high competition market because the business has big competitors like Chivas
Regal and Johnnie Walker Black Label,
This study source was downloaded by 100000869469633 from CourseHero.com on 07-27-2023 07:39:16 GMT -05:00
https://www.coursehero.com/file/172658750/CASE-STUDY-ASIAN-YUPPIES-HAVING-IT-ALLdocx/
II. What are the Objectives that you want to achieve?
Long Term: (beyond one year)
 increase the popularity of the product
 increase the sales
 Find transportation to increase the reach of the product
 Attract investors
 To have a much bigger factory
 Increase the production
Short Term: (within one year)
 find a great advertisement channel
 a specific target market
 analyze the completion
 improve the product
 to establish the brand in the market
III. SWOT ANALYSIS: Identify different factors.
Watch the video: https://www.youtube.com/watch?v=JXXHqM6RzZQ
Strengths-(controllable/positive/inside)
1. Much chipper product
2.
3.
Weaknesses-(Controllable/negative/inside)
1.
2.
3.
Opportunities (uncontrollable- positive/outside)
1.
2.
3.
Threats (uncontrollable-negative/outside)
1. high competition market
2.
3.
IV. Alternative Courses of Action: (Possible Solutions, Not less than 3)
ACA Number 1: _________________________________________________________
Advantages: ___________
___________
Disadvantages: __________________
_____________________
This study source was downloaded by 100000869469633 from CourseHero.com on 07-27-2023 07:39:16 GMT -05:00
https://www.coursehero.com/file/172658750/CASE-STUDY-ASIAN-YUPPIES-HAVING-IT-ALLdocx/
ACA Number 2: ___________________________________________________________
Advantages: _________________
_________________
Disadvantages: ____________________
____________________
ACA Number 3: _________________________________________________________
Advantages: _____________
_____________
Disadvantages: ___________________
___________________
V. Decision Statement: There must be one and only one final choice.(Explain what alternative
was
chosen, why it was chosen, and why not the others)
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
VI. Implementation Program : Discuss the plans or steps of how to put the decision into action.
(at least 5 steps with objectives, activities, timeframe, budgetary requirements, persons
involved and expected outcomes in each step)
1st Step:___________________________________________________________________
2nd Step:
__________________________________________________________________________
3rd Step:
__________________________________________________________________________
4th Step:
__________________________________________________________________________
5th Step:
__________________________________________________________________________
This study source was downloaded by 100000869469633 from CourseHero.com on 07-27-2023 07:39:16 GMT -05:00
https://www.coursehero.com/file/172658750/CASE-STUDY-ASIAN-YUPPIES-HAVING-IT-ALLdocx/
Powered by TCPDF (www.tcpdf.org)

More Related Content

Similar to CASE_STUDY_ASIAN_YUPPIES_HAVING_IT_ALL.docx.pdf

Kase capital-q1-2013
Kase capital-q1-2013Kase capital-q1-2013
Kase capital-q1-2013Frank Ragol
 
Fashion Trends and Business Opportunities in South Korea - Summary
Fashion Trends and Business Opportunities in South Korea - SummaryFashion Trends and Business Opportunities in South Korea - Summary
Fashion Trends and Business Opportunities in South Korea - SummaryBusiness Finland
 
News selection from business week
News selection from business weekNews selection from business week
News selection from business weekjoan32144
 
5. mercado canadiense de calzado
5. mercado canadiense de calzado5. mercado canadiense de calzado
5. mercado canadiense de calzadoProColombia
 
o==== 0 0 0 Ol~~~~ EAN STUDE1 E EDITI.docx
o==== 0 0 0 Ol~~~~ EAN STUDE1 E EDITI.docxo==== 0 0 0 Ol~~~~ EAN STUDE1 E EDITI.docx
o==== 0 0 0 Ol~~~~ EAN STUDE1 E EDITI.docxAASTHA76
 
Footwear Market Analysis
Footwear Market AnalysisFootwear Market Analysis
Footwear Market AnalysisRatan Rajpal
 
FSF Case Study - Scholarship Recipient 2019
FSF Case Study - Scholarship Recipient 2019FSF Case Study - Scholarship Recipient 2019
FSF Case Study - Scholarship Recipient 2019Marie Post
 
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...Rob Kingyens
 
Project - International marketing plan
Project - International marketing planProject - International marketing plan
Project - International marketing planMarco Cucco
 
Adidasnikecasestudy 110410020730-phpapp01
Adidasnikecasestudy 110410020730-phpapp01Adidasnikecasestudy 110410020730-phpapp01
Adidasnikecasestudy 110410020730-phpapp01Morel Donou
 
Adidas nike case study
Adidas nike case studyAdidas nike case study
Adidas nike case studyLan Hương
 
Global 500 brands by finance and branding
Global 500 brands by finance and brandingGlobal 500 brands by finance and branding
Global 500 brands by finance and brandingbrandsynapse
 
Uniqlo pitch brief
Uniqlo pitch briefUniqlo pitch brief
Uniqlo pitch briefCubeyou Inc
 
Li ning China market strategy report by Daxue consulting and Double V consulting
Li ning China market strategy report by Daxue consulting and Double V consultingLi ning China market strategy report by Daxue consulting and Double V consulting
Li ning China market strategy report by Daxue consulting and Double V consultingDaxue Consulting
 

Similar to CASE_STUDY_ASIAN_YUPPIES_HAVING_IT_ALL.docx.pdf (20)

Kase capital-q1-2013
Kase capital-q1-2013Kase capital-q1-2013
Kase capital-q1-2013
 
Fashion Trends and Business Opportunities in South Korea - Summary
Fashion Trends and Business Opportunities in South Korea - SummaryFashion Trends and Business Opportunities in South Korea - Summary
Fashion Trends and Business Opportunities in South Korea - Summary
 
News selection from business week
News selection from business weekNews selection from business week
News selection from business week
 
5. mercado canadiense de calzado
5. mercado canadiense de calzado5. mercado canadiense de calzado
5. mercado canadiense de calzado
 
o==== 0 0 0 Ol~~~~ EAN STUDE1 E EDITI.docx
o==== 0 0 0 Ol~~~~ EAN STUDE1 E EDITI.docxo==== 0 0 0 Ol~~~~ EAN STUDE1 E EDITI.docx
o==== 0 0 0 Ol~~~~ EAN STUDE1 E EDITI.docx
 
Footwear Market Analysis
Footwear Market AnalysisFootwear Market Analysis
Footwear Market Analysis
 
FSF Case Study - Scholarship Recipient 2019
FSF Case Study - Scholarship Recipient 2019FSF Case Study - Scholarship Recipient 2019
FSF Case Study - Scholarship Recipient 2019
 
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...
 
Project - International marketing plan
Project - International marketing planProject - International marketing plan
Project - International marketing plan
 
GOAT | Success Diaries
GOAT | Success DiariesGOAT | Success Diaries
GOAT | Success Diaries
 
Rolex Marketing Plan
Rolex Marketing PlanRolex Marketing Plan
Rolex Marketing Plan
 
Travel Retail -Lancome
Travel Retail -LancomeTravel Retail -Lancome
Travel Retail -Lancome
 
Adidasnikecasestudy 110410020730-phpapp01
Adidasnikecasestudy 110410020730-phpapp01Adidasnikecasestudy 110410020730-phpapp01
Adidasnikecasestudy 110410020730-phpapp01
 
Adidas nike case study
Adidas nike case studyAdidas nike case study
Adidas nike case study
 
Global 500 brands by finance and branding
Global 500 brands by finance and brandingGlobal 500 brands by finance and branding
Global 500 brands by finance and branding
 
Nike final project
Nike final project Nike final project
Nike final project
 
Uniqlo pitch brief
Uniqlo pitch briefUniqlo pitch brief
Uniqlo pitch brief
 
Li ning China market strategy report by Daxue consulting and Double V consulting
Li ning China market strategy report by Daxue consulting and Double V consultingLi ning China market strategy report by Daxue consulting and Double V consulting
Li ning China market strategy report by Daxue consulting and Double V consulting
 
Deck RANDOM5.pdf
Deck RANDOM5.pdfDeck RANDOM5.pdf
Deck RANDOM5.pdf
 
Science
ScienceScience
Science
 

More from ShillaMaeBalance1

386954328-MC-18-09-Guidelines-for-the-Revised-IRR-of-R-A-7279-as-amended-by-R...
386954328-MC-18-09-Guidelines-for-the-Revised-IRR-of-R-A-7279-as-amended-by-R...386954328-MC-18-09-Guidelines-for-the-Revised-IRR-of-R-A-7279-as-amended-by-R...
386954328-MC-18-09-Guidelines-for-the-Revised-IRR-of-R-A-7279-as-amended-by-R...ShillaMaeBalance1
 
scribd.vpdfs.com_recalls_1_ratio_day_1_2.pdf.pdf
scribd.vpdfs.com_recalls_1_ratio_day_1_2.pdf.pdfscribd.vpdfs.com_recalls_1_ratio_day_1_2.pdf.pdf
scribd.vpdfs.com_recalls_1_ratio_day_1_2.pdf.pdfShillaMaeBalance1
 
corporate-governance-test-bank.pdf
corporate-governance-test-bank.pdfcorporate-governance-test-bank.pdf
corporate-governance-test-bank.pdfShillaMaeBalance1
 
corporate-governance-business-ethics-risk-management-and-internal-control-ch-...
corporate-governance-business-ethics-risk-management-and-internal-control-ch-...corporate-governance-business-ethics-risk-management-and-internal-control-ch-...
corporate-governance-business-ethics-risk-management-and-internal-control-ch-...ShillaMaeBalance1
 
governance-business-ethics-risk-management-internal-control-chapter-quiz-3.pdf
governance-business-ethics-risk-management-internal-control-chapter-quiz-3.pdfgovernance-business-ethics-risk-management-internal-control-chapter-quiz-3.pdf
governance-business-ethics-risk-management-internal-control-chapter-quiz-3.pdfShillaMaeBalance1
 

More from ShillaMaeBalance1 (7)

386954328-MC-18-09-Guidelines-for-the-Revised-IRR-of-R-A-7279-as-amended-by-R...
386954328-MC-18-09-Guidelines-for-the-Revised-IRR-of-R-A-7279-as-amended-by-R...386954328-MC-18-09-Guidelines-for-the-Revised-IRR-of-R-A-7279-as-amended-by-R...
386954328-MC-18-09-Guidelines-for-the-Revised-IRR-of-R-A-7279-as-amended-by-R...
 
scribd.vpdfs.com_recalls_1_ratio_day_1_2.pdf.pdf
scribd.vpdfs.com_recalls_1_ratio_day_1_2.pdf.pdfscribd.vpdfs.com_recalls_1_ratio_day_1_2.pdf.pdf
scribd.vpdfs.com_recalls_1_ratio_day_1_2.pdf.pdf
 
corporate-governance-test-bank.pdf
corporate-governance-test-bank.pdfcorporate-governance-test-bank.pdf
corporate-governance-test-bank.pdf
 
corporate-governance-business-ethics-risk-management-and-internal-control-ch-...
corporate-governance-business-ethics-risk-management-and-internal-control-ch-...corporate-governance-business-ethics-risk-management-and-internal-control-ch-...
corporate-governance-business-ethics-risk-management-and-internal-control-ch-...
 
test-bank-chapter-1.pdf
test-bank-chapter-1.pdftest-bank-chapter-1.pdf
test-bank-chapter-1.pdf
 
governance-business-ethics-risk-management-internal-control-chapter-quiz-3.pdf
governance-business-ethics-risk-management-internal-control-chapter-quiz-3.pdfgovernance-business-ethics-risk-management-internal-control-chapter-quiz-3.pdf
governance-business-ethics-risk-management-internal-control-chapter-quiz-3.pdf
 
Activity 1.docx
Activity 1.docxActivity 1.docx
Activity 1.docx
 

Recently uploaded

Customer Service Analytics - Make Sense of All Your Data.pptx
Customer Service Analytics - Make Sense of All Your Data.pptxCustomer Service Analytics - Make Sense of All Your Data.pptx
Customer Service Analytics - Make Sense of All Your Data.pptxEmmanuel Dauda
 
办理学位证纽约大学毕业证(NYU毕业证书)原版一比一
办理学位证纽约大学毕业证(NYU毕业证书)原版一比一办理学位证纽约大学毕业证(NYU毕业证书)原版一比一
办理学位证纽约大学毕业证(NYU毕业证书)原版一比一fhwihughh
 
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一F La
 
Industrialised data - the key to AI success.pdf
Industrialised data - the key to AI success.pdfIndustrialised data - the key to AI success.pdf
Industrialised data - the key to AI success.pdfLars Albertsson
 
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptx
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptxNLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptx
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptxBoston Institute of Analytics
 
Dubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls DubaiDubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls Dubaihf8803863
 
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改yuu sss
 
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort servicejennyeacort
 
Call Girls In Dwarka 9654467111 Escorts Service
Call Girls In Dwarka 9654467111 Escorts ServiceCall Girls In Dwarka 9654467111 Escorts Service
Call Girls In Dwarka 9654467111 Escorts ServiceSapana Sha
 
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.pptdokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.pptSonatrach
 
9654467111 Call Girls In Munirka Hotel And Home Service
9654467111 Call Girls In Munirka Hotel And Home Service9654467111 Call Girls In Munirka Hotel And Home Service
9654467111 Call Girls In Munirka Hotel And Home ServiceSapana Sha
 
办美国阿肯色大学小石城分校毕业证成绩单pdf电子版制作修改#真实留信入库#永久存档#真实可查#diploma#degree
办美国阿肯色大学小石城分校毕业证成绩单pdf电子版制作修改#真实留信入库#永久存档#真实可查#diploma#degree办美国阿肯色大学小石城分校毕业证成绩单pdf电子版制作修改#真实留信入库#永久存档#真实可查#diploma#degree
办美国阿肯色大学小石城分校毕业证成绩单pdf电子版制作修改#真实留信入库#永久存档#真实可查#diploma#degreeyuu sss
 
Kantar AI Summit- Under Embargo till Wednesday, 24th April 2024, 4 PM, IST.pdf
Kantar AI Summit- Under Embargo till Wednesday, 24th April 2024, 4 PM, IST.pdfKantar AI Summit- Under Embargo till Wednesday, 24th April 2024, 4 PM, IST.pdf
Kantar AI Summit- Under Embargo till Wednesday, 24th April 2024, 4 PM, IST.pdfSocial Samosa
 
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...dajasot375
 
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理科罗拉多大学波尔得分校毕业证学位证成绩单-可办理
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理e4aez8ss
 
GA4 Without Cookies [Measure Camp AMS]
GA4 Without Cookies [Measure Camp AMS]GA4 Without Cookies [Measure Camp AMS]
GA4 Without Cookies [Measure Camp AMS]📊 Markus Baersch
 
04242024_CCC TUG_Joins and Relationships
04242024_CCC TUG_Joins and Relationships04242024_CCC TUG_Joins and Relationships
04242024_CCC TUG_Joins and Relationshipsccctableauusergroup
 
Beautiful Sapna Vip Call Girls Hauz Khas 9711199012 Call /Whatsapps
Beautiful Sapna Vip  Call Girls Hauz Khas 9711199012 Call /WhatsappsBeautiful Sapna Vip  Call Girls Hauz Khas 9711199012 Call /Whatsapps
Beautiful Sapna Vip Call Girls Hauz Khas 9711199012 Call /Whatsappssapnasaifi408
 
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...Jack DiGiovanna
 

Recently uploaded (20)

Customer Service Analytics - Make Sense of All Your Data.pptx
Customer Service Analytics - Make Sense of All Your Data.pptxCustomer Service Analytics - Make Sense of All Your Data.pptx
Customer Service Analytics - Make Sense of All Your Data.pptx
 
办理学位证纽约大学毕业证(NYU毕业证书)原版一比一
办理学位证纽约大学毕业证(NYU毕业证书)原版一比一办理学位证纽约大学毕业证(NYU毕业证书)原版一比一
办理学位证纽约大学毕业证(NYU毕业证书)原版一比一
 
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一
 
Industrialised data - the key to AI success.pdf
Industrialised data - the key to AI success.pdfIndustrialised data - the key to AI success.pdf
Industrialised data - the key to AI success.pdf
 
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptx
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptxNLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptx
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptx
 
Dubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls DubaiDubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls Dubai
 
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
 
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service
 
Call Girls In Dwarka 9654467111 Escorts Service
Call Girls In Dwarka 9654467111 Escorts ServiceCall Girls In Dwarka 9654467111 Escorts Service
Call Girls In Dwarka 9654467111 Escorts Service
 
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.pptdokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
 
9654467111 Call Girls In Munirka Hotel And Home Service
9654467111 Call Girls In Munirka Hotel And Home Service9654467111 Call Girls In Munirka Hotel And Home Service
9654467111 Call Girls In Munirka Hotel And Home Service
 
办美国阿肯色大学小石城分校毕业证成绩单pdf电子版制作修改#真实留信入库#永久存档#真实可查#diploma#degree
办美国阿肯色大学小石城分校毕业证成绩单pdf电子版制作修改#真实留信入库#永久存档#真实可查#diploma#degree办美国阿肯色大学小石城分校毕业证成绩单pdf电子版制作修改#真实留信入库#永久存档#真实可查#diploma#degree
办美国阿肯色大学小石城分校毕业证成绩单pdf电子版制作修改#真实留信入库#永久存档#真实可查#diploma#degree
 
Call Girls in Saket 99530🔝 56974 Escort Service
Call Girls in Saket 99530🔝 56974 Escort ServiceCall Girls in Saket 99530🔝 56974 Escort Service
Call Girls in Saket 99530🔝 56974 Escort Service
 
Kantar AI Summit- Under Embargo till Wednesday, 24th April 2024, 4 PM, IST.pdf
Kantar AI Summit- Under Embargo till Wednesday, 24th April 2024, 4 PM, IST.pdfKantar AI Summit- Under Embargo till Wednesday, 24th April 2024, 4 PM, IST.pdf
Kantar AI Summit- Under Embargo till Wednesday, 24th April 2024, 4 PM, IST.pdf
 
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...
 
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理科罗拉多大学波尔得分校毕业证学位证成绩单-可办理
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理
 
GA4 Without Cookies [Measure Camp AMS]
GA4 Without Cookies [Measure Camp AMS]GA4 Without Cookies [Measure Camp AMS]
GA4 Without Cookies [Measure Camp AMS]
 
04242024_CCC TUG_Joins and Relationships
04242024_CCC TUG_Joins and Relationships04242024_CCC TUG_Joins and Relationships
04242024_CCC TUG_Joins and Relationships
 
Beautiful Sapna Vip Call Girls Hauz Khas 9711199012 Call /Whatsapps
Beautiful Sapna Vip  Call Girls Hauz Khas 9711199012 Call /WhatsappsBeautiful Sapna Vip  Call Girls Hauz Khas 9711199012 Call /Whatsapps
Beautiful Sapna Vip Call Girls Hauz Khas 9711199012 Call /Whatsapps
 
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...
 

CASE_STUDY_ASIAN_YUPPIES_HAVING_IT_ALL.docx.pdf

  • 1. INTERNATIONAL BUSINESS AND TRADE CASE STUDY: ASIAN YUPPIES-HAVING IT ALL Young, urban professionals (Yuppies) in Asian markets appear to have found the right combination for “having it all.” Due to high housing costs, most young people continue to live with their parents after starting work and even after getting married. Income from their high-paying professional jobs is therefore available to spend on a wide range of expensive, upscale consumer items such as cars, clothes, consumer electronics, and club memberships. Prestigious European brand-name apparel is the most sought after, such as Ungaro, Hugo Boss, Ermenegildo Zegna and Gianni Versace. In the Sunrise Department Store of Taipei (Taiwan) Timberland deck shoes sell for $172; Ralph Lauren shorts for $90; Allen Edmonds shoes for $306; and Giorgio Armani sports jacket for $1,280. Dickson Concepts of Hong Kong concentrates on luxury brand name products such as Bulgari and Hermes watches, Guy Laroche and Charles Jourdan clothing and accessories, and a variety of Ralph Lauren/Polo products. Sales have grown 50 percent each year for the last five years. Tang’s of Singapore takes upscale shopping one step further by targeting a subgroup of Yuppies which it calls NOPEs-not outwardly prosperous or educated consumers- whose goal is to create an understated, discreet image of wealth and success. Not all Asian Yuppies are able to spend extravagantly even though they want to project an upscale image. Seagrams launched a whiskey in Seoul South Korea called “Secret.” It sold for $9 a bottle and achieved a 5 percent share of the total whiskey market, against the big-name brands of Chivas Regal and Johnnie Walker Black Label, which usually sell for about $100 a bottle. Also in South Korea, Hyundai introduced the flamboyant, brightly-colored Scoupe sports car for $10,000, aimed at those Yuppies who cannot yet afford a BWM. Surprisingly, Asian big-spenders may not be considered wealthy by Western standards. As an illustration, average annual income in 1995 for a 32-year old banker ranged from $12,000 in Bangkok, Thailand, to $18,000 in Taipei, $31,000 in Seoul, $32,000 in Singapore and $35,000 in Hong Kong. Nevertheless, Yuppies’ incomes have been rising in these markets by 15-20 percent annually in recent years. Other factors that promote big spending are relatively low taxes, fringe benefits such as company cars, and housing allowances, and big end-of-year bonuses. This relatively high level of disposable income becomes even more significant when one remembers that there are about a million people in their 20s and 30s in professional, managerial, or technical jobs in the four markets of Singapore, Hong Kong, Taipei, and Seoul. In addition, single, young, college-educated women in Japan are rapidly gaining a worldwide reputation as conspicuous consumers. CASE ANALYSIS (SIMPLIFIED FORMAT): I. What is the Problem? high competition market because the business has big competitors like Chivas Regal and Johnnie Walker Black Label, This study source was downloaded by 100000869469633 from CourseHero.com on 07-27-2023 07:39:16 GMT -05:00 https://www.coursehero.com/file/172658750/CASE-STUDY-ASIAN-YUPPIES-HAVING-IT-ALLdocx/
  • 2. II. What are the Objectives that you want to achieve? Long Term: (beyond one year)  increase the popularity of the product  increase the sales  Find transportation to increase the reach of the product  Attract investors  To have a much bigger factory  Increase the production Short Term: (within one year)  find a great advertisement channel  a specific target market  analyze the completion  improve the product  to establish the brand in the market III. SWOT ANALYSIS: Identify different factors. Watch the video: https://www.youtube.com/watch?v=JXXHqM6RzZQ Strengths-(controllable/positive/inside) 1. Much chipper product 2. 3. Weaknesses-(Controllable/negative/inside) 1. 2. 3. Opportunities (uncontrollable- positive/outside) 1. 2. 3. Threats (uncontrollable-negative/outside) 1. high competition market 2. 3. IV. Alternative Courses of Action: (Possible Solutions, Not less than 3) ACA Number 1: _________________________________________________________ Advantages: ___________ ___________ Disadvantages: __________________ _____________________ This study source was downloaded by 100000869469633 from CourseHero.com on 07-27-2023 07:39:16 GMT -05:00 https://www.coursehero.com/file/172658750/CASE-STUDY-ASIAN-YUPPIES-HAVING-IT-ALLdocx/
  • 3. ACA Number 2: ___________________________________________________________ Advantages: _________________ _________________ Disadvantages: ____________________ ____________________ ACA Number 3: _________________________________________________________ Advantages: _____________ _____________ Disadvantages: ___________________ ___________________ V. Decision Statement: There must be one and only one final choice.(Explain what alternative was chosen, why it was chosen, and why not the others) ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ VI. Implementation Program : Discuss the plans or steps of how to put the decision into action. (at least 5 steps with objectives, activities, timeframe, budgetary requirements, persons involved and expected outcomes in each step) 1st Step:___________________________________________________________________ 2nd Step: __________________________________________________________________________ 3rd Step: __________________________________________________________________________ 4th Step: __________________________________________________________________________ 5th Step: __________________________________________________________________________ This study source was downloaded by 100000869469633 from CourseHero.com on 07-27-2023 07:39:16 GMT -05:00 https://www.coursehero.com/file/172658750/CASE-STUDY-ASIAN-YUPPIES-HAVING-IT-ALLdocx/ Powered by TCPDF (www.tcpdf.org)