scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,053
Introduction Todays world corporations must deal with all kinds of restrictions concerning entering foreign countries Marketers and finance managers play a key role when it comes to making decisions concerning entering a foreign country and managing worldwide money matters It is extremely important for international marketers to possess insight into multinational finance and accounting functions because traditions are heterogeneous from one country to another This case contains a problem concerning two companies who come from different cultures and want to do business with each other Question 1 Was the chairman of the US company wrong for not having found out in advance about Japanese business practice Not seek information Yes it was wrong for not having found out in advance about Japanese business practice The tomato market in US has not been exceeding its goals because it was not enough to absorb increasing imports To enter the Japanese market was one of the potential bright spots for the Supreme Canning Company Japan has been decreasing their trade barriers and attempting to encourage imports Since the US firm did not have well-known brand nameimage of it own like the Japanese firm which was much larger and handled a large number of products with great success it was a good business opportunity for the US company to enter the Japanese market and act as a large-scale supplier of products made to customers specifications The US company should have considered that Japans business practice is a lot different than is recognized in US with various cultures both in business and day to day life and they should have sought knowledge of how the Japanese carry out their business practice If the US Company had done that there is a big possibility that they could have a long lasting successful collaboration in the tomato market in Japan The president and chairman of the board of Supreme Canning Company went on a four-day business trip to Japan to discuss
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA