The document discusses opportunities and challenges of doing business in Asia-Pacific. It outlines several key opportunities, including a growing consumer market driven by an emerging middle class, and increasing digitalization and e-commerce. However, it also notes challenges such as differing regulations across countries, competition from state-owned enterprises, information deficiencies, and needing to understand and adapt to different business systems in each market. Overall, it emphasizes that international businesses must develop flexible, localized strategies to navigate the region's diverse opportunities and institutional differences.
Module 3 Cultures, Ethics and Corporate Governance.pptxNHITRNQUNH2
To understand the social responsibility of corporations toward their various constituencies around the world, in particular their responsibilities toward human rights
To acknowledge the strategic role that ethics must play in global management and provide guidance to managers to maintain ethical behavior amid the varying standards and practices around the world
To recognize the importance of managing interdependence and include sustainability in their long-term plans
PHÂN TÍCH THỊ TRƯỜNG CAFE VIỆT VÀ HÀN ĐỂ ĐỀ XUẤT PHƯƠNG ÁN KINH DOANHVisla Team
PHÂN TÍCH THỊ TRƯỜNG CAFE VIỆT VÀ HÀN ĐỂ ĐỀ XUẤT PHƯƠNG ÁN KINH DOANH Là bài thuyết trình trong môn học QUẢN TRỊ KINH DOANH QUỐC TẾ, do nhóm sinh viên Mar37 UEH thực hiện.
Dựa trên phân tích thị trường cafe Việt và Hàn Quốc để tìm chiến lược kinh doanh.
Phân tích cơ cấu công ty vinamilk_Nhận làm luận văn Mis Mai 0988.377.480Nguyễn Thị Thanh Tươi
Dịch vụ làm luận văn tốt nghiệp, làm báo cáo thực tập tốt nghiệp, chuyên đề tốt nghiệp, tiểu luận, khóa luận, đề án môn học trung cấp, cao đẳng, tại chức, đại học và cao học (ngành kế toán, ngân hàng, quản trị kinh doanh…) Mọi thông tin về đề tài các bạn vui lòng liên hệ theo địa chỉ SĐT: 0988.377.480 ( Miss. Mai ) Email: dvluanvankt@gmail.com ( Bạn hãy gửi thông tin bài làm, yêu cầu giáo viên qua mail) Chúng tôi nhận làm các chuyên ngành thuộc khối kinh tế, giá cho mỗi bài khoảng từ 100.000 vnđ đến 500.000 vnđ
Module 3 Cultures, Ethics and Corporate Governance.pptxNHITRNQUNH2
To understand the social responsibility of corporations toward their various constituencies around the world, in particular their responsibilities toward human rights
To acknowledge the strategic role that ethics must play in global management and provide guidance to managers to maintain ethical behavior amid the varying standards and practices around the world
To recognize the importance of managing interdependence and include sustainability in their long-term plans
PHÂN TÍCH THỊ TRƯỜNG CAFE VIỆT VÀ HÀN ĐỂ ĐỀ XUẤT PHƯƠNG ÁN KINH DOANHVisla Team
PHÂN TÍCH THỊ TRƯỜNG CAFE VIỆT VÀ HÀN ĐỂ ĐỀ XUẤT PHƯƠNG ÁN KINH DOANH Là bài thuyết trình trong môn học QUẢN TRỊ KINH DOANH QUỐC TẾ, do nhóm sinh viên Mar37 UEH thực hiện.
Dựa trên phân tích thị trường cafe Việt và Hàn Quốc để tìm chiến lược kinh doanh.
Phân tích cơ cấu công ty vinamilk_Nhận làm luận văn Mis Mai 0988.377.480Nguyễn Thị Thanh Tươi
Dịch vụ làm luận văn tốt nghiệp, làm báo cáo thực tập tốt nghiệp, chuyên đề tốt nghiệp, tiểu luận, khóa luận, đề án môn học trung cấp, cao đẳng, tại chức, đại học và cao học (ngành kế toán, ngân hàng, quản trị kinh doanh…) Mọi thông tin về đề tài các bạn vui lòng liên hệ theo địa chỉ SĐT: 0988.377.480 ( Miss. Mai ) Email: dvluanvankt@gmail.com ( Bạn hãy gửi thông tin bài làm, yêu cầu giáo viên qua mail) Chúng tôi nhận làm các chuyên ngành thuộc khối kinh tế, giá cho mỗi bài khoảng từ 100.000 vnđ đến 500.000 vnđ
Luận văn thạc sĩ kinh tế: Quản lý rủi ro trong hoạt động kinh doanh XNK của các doanh nghiệp Việt Nam đáp ứng yêu cầu hội nhập kinh tế quốc tế, cho các bạn tham khảo
Giới thiệu Dự án EU và Du lịch có trách nhiệmduanesrt
Nhằm hỗ trợ các sáng kiến trao đổi thông tin về thực hành Du lịch có trách nhiệm, ngày 2/7/2014 Dự án EU đã tổ chức tọa đàm với chủ đề “Tăng cường truyền thông về thực hành Du lịch có trách nhiệm” với sự tham gia của CLB Du lịch có trách nhiệm và CLB Phóng viên theo dõi Du lịch tại Hà Nội.
Luận văn thạc sĩ kinh tế: Quản lý rủi ro trong hoạt động kinh doanh XNK của các doanh nghiệp Việt Nam đáp ứng yêu cầu hội nhập kinh tế quốc tế, cho các bạn tham khảo
Giới thiệu Dự án EU và Du lịch có trách nhiệmduanesrt
Nhằm hỗ trợ các sáng kiến trao đổi thông tin về thực hành Du lịch có trách nhiệm, ngày 2/7/2014 Dự án EU đã tổ chức tọa đàm với chủ đề “Tăng cường truyền thông về thực hành Du lịch có trách nhiệm” với sự tham gia của CLB Du lịch có trách nhiệm và CLB Phóng viên theo dõi Du lịch tại Hà Nội.
A decade before we literally relate finance to the banking sector. The import and quality of finance has transformed and has been evolved dramatically by the period. This is primarily due to technology integration and evolution of myriad hues of financial structures and domains globally. Modrika helps you to take at the ground layer of these domains and sub domains. Thus, it helps you to get deeper perception of the financial complexity, giving you financial wisdom and enlightenment to attractive and accomplish meteoric career.
Introduction to International BusinessAshwin Kumar
Introduction to International Business is a comprehensive study of the various aspects of International Business. This presentation will provide better insights into the definition, nature, scope, characteristics, approaches, reasons, advantages and disadvantages.
Slides gives basic understanding of e-strategy,e-commerce,e-business. Discuss unique features of e-commerce technology and different types of e-commerce with examples
The Role of Fintechs in the Financial Industry: Creating Sustainable PathwaysDerrydean Dadzie
This presentation exposes the critical role that Fintechs play in the financial sector. The nuanced exploration of the fintech sector brings to the fore critical insights that aid the readers understanding of the specific dynamics that make the role fintechs a compelling proposition in the new era financial sector.
Thinking of a career in international business? See if you and an international job environment are a good fit. Fuel the growth and success of multinational corporations with a career in international business. You’ll find many exciting opportunities for work at home and abroad. An increasing number of businesses now conduct business globally. In international business you’ll engage with global and cultural business issues as an import/export agent, translator, foreign currency investment advisor, foreign sales representative, international management consultant and more. If you’re in interested in learning where international business can take you, learn which personal and professional traits you’ll need to succeed.
Understanding Economic Development and Emerging TrendsBethany Meys, MPH
On January 30th, 2019, Jim Damicis conducted a training session on a variety of economic development topics to inform the Maine Downtown Center. This presentation explores economic development through successful implementation strategies and economic development tools including market analysis, feasibility analysis, financing tools such as Tax Increment Financing, and the Opportunity Zones Program.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Module 2A Opportunities and challenges of doing business in Asia-Pacific.pptx
1. Module 2 (part A)
Opportunities and challenges of doing
business in Asia-Pacific
International Business Division
School of International Business and Marketing
UEH University
2. Learning objectives
1. Understand the opportunities of international business in the Asia –
Pacific region
2. Understand major challenges of international business in the Asia –
Pacific region
3. 1. Growing consumer market
• Growth and the continuing emergence of the Asian middle class
• Growth results from increasing purchasing power, rather than population
growth
• Emergence of large, wealthy middle class across the region
• The ‘golden triangle’: Japan, South Korea, China
• India and South East Asia
• Shift in demand
• from limiting purchases to staple commodities to high value and quality products and
services
• Increase in urbanization offers business opportunities in infrastructure, smart cities
development and more
4. 1. Growing consumer market
• Growth and the continuing emergence of the Asian middle class
Fig 1: Estimated share of the personal luxury goods consumption
worldwide by consumer nationality in 2018 and 2025
5. 1. Growing consumer market
• Growth and the continuing emergence of the Asian middle class
Fig.2 Share of global urban consumption growth, 2015–30, by country/region.
only 7.2% of Japanese irms operating in China were ceasing or
planning to cease production in China.
“I don’t think that the Japanese manufacturing industry could
survive globally without being present in a market as big as
China’s,”
Homma Tetsuro,
CEO of Panasonic's In-house China & Northeast Asia Company
6. 2. Increasing Consumer Market Digitalization
• Growth or e-commerce
• the region makes up 62.6% of the total global revenue in e-commerce
• In 2021, China’s e-commerce sales of nearly US$2.8 trillion accounts for over half of
all e-commerce sales worldwide and more than 50% of the country’s total retail
sales
• Japan and South Korea’s e-commerce sales at US$144 billion and US$120 billion,
respectively, rank fourth and fifth worldwide after China, the United States, and the
United Kingdom.
• Practices: mobile payments, AI-driven logistic and delivery services, and
livestreaming-enabled social commerce (China), mobile payment, inluencer
marketing, eficient product delivery, and special-holiday shopping events (South
Korea)
• The growth in the region is attributed to
• good-to-outstanding, and rapidly improving, mobile internet connectivity
• declining costs of mobile phones
• mobile internet subscriptions across the region
7. 2. Increasing Consumer Market Digitalization
Fig 3: Retail e-commerce market in Southeast Asia, 2019 and 2025 (forecast), by country
(in billion US$).
8. 2. Increasing Consumer Market Digitalization
• Growth or ride-hailing
• Online transport and food delivery
• US$11 billion in 2020 and expected to reach US$42 billion by 2025
• Needs for digital payment
• 2019: US$600 billion in gross transaction value
• 2025: expected to exceed USD1 trillion
• Fintech is expected to rise sharply in the ASEAN region
• Over 70% of adults are currently unbanked or underbanked
• The industry is worth US$11 billion and could rech US$60 billion by 2025
9. 2. Asia as a leading hub for Innovation
• The region is home to world-class firms
• Over 40% of 2020 Fortune Global 500 originate from the region
Fig 4: Fortune global 500 by country/region, 2020
10. 2. Asia as a leading hub for Innovation
• Iliminating the “all brawn and no brain” image
• Change in the type of firms
• contract manufacturing firms, who are now pivotal in global supply chain
• Firms with regional and international reputation
• Most prominently are digital technology firms: Alibaba, JD.com, Didi, Meituan, Ele.me,
Tujia, Ctrip, eLong.com, Ant Financial, Weibo, WeChat, Tiktok, Grab
• Groups of startups: GoJek and Tokopedia jointly form GoTo, SEA, Shoppe is backed by
Tencent
• Leading manufacturers in semiconductor chips (TSMC), smart phone display panel
(Samsung), image sensor technology (Sony)
• Becoming a leading hub for innovation
• 2021, more than 25% of all unicorns have been incubated in the Asia-Pacific
• Attract tech investments
11. 3. Regulatory reviews and change in many countries
• Improvement for accountability and information security
• While domestic protentionism remains significant, more regulations
apply to the private sector to drive growth
• Deregulation provides opportunities for competition and innovation
12. 5. Human Capital
• Asia has been a manufacturing centre for labor-intensive products
and services
• Over 30 million guest workers in the region
• Aging population trend creates potential for web-based technologies
to support older workers and improve engagement
• Competition for talent and leadership, requiring a company culture
and core values that inspire employees to stay
13. 6. Vastly differing rules across countries
• Most governments have a favorable view on FDI
• Level of political risks in Asia-Pacific context remains high
• Protectionism reflected through over-regulated markets, unfair competition
from highly protected state-owned enterprises, and market protectionist
policies
• Corruption: abscence of appropriate regulations can lead to higher costs of
doing business and damage of firm’s reputation
• Bureacracy remains an inherent feature of many markets in the region
• Intellectual property: threat of piracy and the lack of protection of IP are well-
known
14. 6. Vastly differing rules across countries
• Variation of institutional environment in the region creates different
level of risks across countries
• Common law: Hong Kong, India, New Zealand
• Civil law: China, Taiwan, South Korea, Vietnam
• Implementation of law
• Contracts are only viewed as a formal document that is subject to change
• Verbal contracts and interpersonal trustworthiness are more important thatn
written contracts
• Lack of formal rules and regulations to dictate the legalities of doing business
• Fragmented judicial systems make it difficult to claim damages or enforce
action to protect MNE inteleectual or commercial interest.
15. 6. Vastly differing rules across countries
• Legal risks dictates the level of foreign investments in the host
country. MNEs must deelop capabilities and willingness to engage
with the governments to better manage risks that may arise
• Constraints on foreign equity ownership
• Profit remittance
• Marketing and distribution
• MNEs face complexities and challenges in maintaining good corporate
governance and disculusre practices due to the diversity of rules,
regulations and stakeholder expectations between the home and host
country
• Internatioal accounting standards are not recognized by all countries
16. 7. Overcoming informationa deficiencies
• Problems with information in the Asia-Pacific
• Lack of availability
• Poor quality information
• Commercial information may be difficult to obtain
• Remedies add to cost of doing business in the region
• Private collection
• Develop local partnership
• Imitative behaviors when firms tend to follow similar strategies
17. 8. Inequality
• Uneven historic development progress leads to significant variation of
attractive business opportunities, which are likely to be found in
prosperous cities or regions
• Dangers of relying on agreegated data measuring factors
• Commercial conditions vary greatly across regions within and across
countries
• Laws, infrastructure, poor administration in less-developed areas.
18. 9. Levels and forms of competition
• High levels of competition as domestic firms have moved aggressively to
take advantage of strongly growing markets
• Large investments in R&D and marketing skills
• Foreigned firms have moved into the region to establish a distinct market
position
• Widespread of powerful business groups in the regions
• State-owned enterprises
• Large, diversified family firms under the control of favoured elites
• Enjoy advantages not available to foreign firms
• Have access to low-cost funds, receive national strategic information, protection from the
government
• Familiar with the host country conditions and have established business networks
19. 10. Understanding institutional and market weaknesses
• Market failure is prevalent in the region
• Market failure refers to situations where markets do not operate efficiently of
effectively
• Market failure adds to transaction costs and uncertainty, and requires
innovative business reponses
• Failures can occur in labor, products, technology markets.
• Government intervention is needed as a remedy
• When formal institutions are weak or absence, informal institutions
play a greater role.
20. 11. Managing in distinctive business systems
• Challenging to learn how to do business in different markets
• Using social relationships to facilitate the exchange of ideas and knowledge
by increasing levels of trust and information sharing
• Managers rely on personal relationships to compensate for a lack of trust,
or the absence of market processes
• Social relationships persist and often extend beyone commercial into
political and social links
• The creation of such networks often develop through school gives locals
advantages over outsider.
• Doing business in Asia requires requisite period of establishing trust and
relationship building
21. 13. Strategies of doing business in Asia-Pacific
1. Strategic flexibility to address rapid growth and change
• Market dynamism requires continuous and effective environmental
scanning to identify and anticipate market opportunities.
• Resource management is critical as they need to be swiftly
redeployed across locations
• Firms need to work closely with suppliers and partners
• Necesity for flexibility is strong
• Location and sourcing decisions can change quickly
22. 13. Strategies of doing business in Asia-Pacific
2. Needs for market knowledge to overcome institutional differences
• Managers need to understand how institutional weaknesses or voids
manifest themselves, and how they influence an operating strategy
• Lack of consumer protection offers an opportunities to trusted
international brands
• Strategies to deal with weak IP laws:
• Modifying products to eliminate leading edge technologies
• fragmenting supply relationships to ensure that no single partner has access
to the entire technology
• Accelerating technological change and product updates
23. 13. Strategies of doing business in Asia-Pacific
3. Managing government involvement
• Use of local partner organizations
• Make substantial investment to indicate strategic commitment to the
country
• Willing to share technology and to continually upgrade
• Avoiding direct competition with a state-owned business or challenge
government policy
• Providing differentiated products and services that offer value to
buyers reflected in premium prices and returns
24. 13. Strategies of doing business in Asia-Pacific
4. A need for strategic adaptation
• Single business strategy or model is unlikely to bring success
• Technological knowledge and premium product features can be of little value
• Needs for different strategies for different segments
• Needs for different competencies across countries
Editor's Notes
Source: D’Arpizio, C., Levato, F., Prete, F., Del Fabbro, E., & de
Montgolier, J. 2019. The future of luxury: A look into tomorrow to understand today. Bain &
Company, January 10. https://www.bain.com/insights/luxury-
goods- worldwide-market-study-fall- winter- 2018/
Source: Based on information from Tonby, O., Woetzel, J., Choi, W., Seong, J., Wang, P. 2019. Asia’s future is
now. McKinsey Global Institute, July. https://www.mckinsey.com/featured- insights/asia-pacific/asias- future-is- now (Accessed: 11 June 2021)
Dynamic and competitive e-commerce in China is enhanced by the ubiquitous acceptance of mobile payments, AI-driven logistic and delivery services, and livestreaming-enabled social commerce
Fig. 1.5 Source: Based on data from Statista Research Department. 2021. E-commerce market volume SEA 2019-2025 by country. Statista, March 29. https://www.statista.com/statistics/647645/southeast-asia-ecommerce-market-size-country/
Dynamic and competitive e-commerce in China is enhanced by the ubiquitous acceptance of mobile payments, AI-driven logistic and delivery services, and livestreaming-enabled social commerce
Fig. 1.6 Fortune global 500 by country/region, 2020. Source: Based on information from Fortune 2020. Global 500. https://fortune.com/global500/2020/search/?sector=Technology
Unicorn: privately held startup companies with a value of over US$1 billion
3 types of political risks
Sovereign action: government interference and the its consequences on the operations of the MNEs
Political events or resrictions imposed at a specific industry or firms, example: political unrest, expropriation, constrains on remittance of profits, inequitable taxation policy and competition
Changes in the business environment that make it difficult for the MNE to adapt to
Corruption occurs when firms, both domestic and foreign need to make ad hoc payments to accomplish their business and political objectives.
Bureaucracy: red tape increase the cost of doing business because of the additional paperwork and approvals
3 types of political risks
Sovereign action: government interference and the its consequences on the operations of the MNEs
Political events or resrictions imposed at a specific industry or firms, example: political unrest, expropriation, constrains on remittance of profits, inequitable taxation policy and competition
Changes in the business environment that make it difficult for the MNE to adapt to
Corruption occurs when firms, both domestic and foreign need to make ad hoc payments to accomplish their business and political objectives.
Bureaucracy: red tape increase the cost of doing business because of the additional paperwork and approvals