Rakuten is planning to make English its official company language. The company president Hiroshi Mikitani has said dismissals may occur for those unable to speak English, though currently only 16% of Rakuten's employees are non-Japanese. While improving English skills is seen as beneficial for expanding overseas, actually enforcing English as the sole official language would be difficult for a Japanese company given cultural norms around communication.
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It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
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Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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1. How Rakuten is planning to run
their entire business in
English?
s1170187 Diachi Kikuta
2. Creator
● Hiroshi Mikitani is president of Rakuten
Inc.
● He speaks in English conference at
headquarters.
● He said that makes dismissal those who
cannot speak English.
3. About Rakuten
● The Rakuten group has 6,000 employees
globally, and there are 400 are non-
Japanese.
● The company doesn't keep track of how
many non-Japanese it has in Japan, while
the 16 board members at its headquarters
in Tokyo are all Japanese.
4. Employee
● Japanese companies looking to expand
their overseas sales don't deny the
merit of having employees proficient in
English.
● Japanese is the best language for
Japanese to communicate with each other,
and of course other companies should
also try to improve their employees'
English skills.
5. Official language
● Rakuten is one of a very small number of
Japanese companies able to push English
as official language.
● Rakuten employees are under a lot of
pressure to learn English.
6. Berlitz Japan Inc
● 200 employees out of 3,000 working at
the headquarters take lessons from
Berlitz Japan Inc.
● But Rakuten is not providing financial
support for lessons, but Berlitz offers
a discount.
7. Fast Retailing Company
● In a similar move, Fast Retailing
Company will make English an official
language starting in March 2012.
● But meetings among Japanese employees
and e-mail exchanges with Japanese won't
have to be in English.
8. Other major company
● Other major firms have long focused on
improving the English proficiency of
their employees as they look to expand
overseas amid the declining labor pool
at home.
● However, few have made it a rule to
adopt English as their official
language.
9. Conclusion
● the degree to which English is necessary
at Rakuten is far lower than other
companies.
● Rakuten employees don't need to speak
English.
● It is difficult to speak English as
official language in company.