HR unit 5 assignment

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timer Asked: Jan 4th, 2018
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Question description

Prepare a 2–3-page case analysis on the following case study on global HRM strategic management and why it is critical to the success of an organization in meeting its goals and mission. In your analysis, respond to the following question: What is strategic management and why is it critical to the success of an organization in meeting its goals and mission globally?

Your analysis of this case and your written submission should reflect an understanding of the critical issues of the case, integrating the material covered in the text, and present concise and well-reasoned justifications for the stance that you take.

Tesco® – Entry and Exit from Japan

In September 2011, Tesco, the British supermarket group and the world’s third-biggest retailer announced its exit from Japan after 8 years in the country. In the event, Tesco became the latest in a long list of foreign retailers to exit from Japan. This case study highlights why many International supermarket chains like Tesco have been unsuccessful so far in a difficult Japanese market.

“Let’s be honest, Japan was a short, expensive adventure for us,” Jose Luis Duran, Chief Executive of Carrefour in March 2005 on its exit from Japan “These retailers brought into Japan their business formats without adjusting for Japan. It’s not as if a wholesale-club-type concept will not take off here, but there has to be some modification.” – Masayoshi Saotome, research director at Mitsubishi® Research Institute Inc.

Japan, the world’s third-biggest grocery market, remains a difficult country to make money from as international retailers Walmart® and Carrefour have found out. Walmart has not done great in Japan with its presence since 2002 through Seiyu. When Carrefour had entered Japan in 2000, it had made huge claims on revolutionizing retailing in the country. However, in 2005, Carrefour swapped its Japanese assets for Tesco’s assets in Taiwan. In September 2011, Tesco, the British supermarket group and the world’s third-biggest retailer announced its exit from Japan after 8 years in the country. In the event, Tesco became the latest in a long list of foreign retailers to exit from Japan.

Seven & I Holdings® and Aeon® dominate Japan. Even British drugstore chain Boots pulled out of Japan owing to increased competition and deflation. Additionally, Japan’s Byzantine distribution system of closely-knit web of suppliers and consumers’ fickle taste is the reason behind many retailers struggling. Many analysts attribute the failure to misreading Japanese consumers’ mindset. However, the competitive Japanese retail market is a tough arena, not just for foreign retailers but also for local Japanese department stores. Local stores also have been struggling with price deflation and ever-increasing specialty stores.

Case Study Questions:

1. Why are the Japanese retail markets so difficult to compete in?

2. Why are Japanese customers reluctant to shop at foreign retailers versus local retailers?

Case analysis criteria: Your case analysis should consist of:

● A brief analysis of the situation and pending decision problem, as presented in the case, and as relevant to your answer. This should be exceptionally brief and you should assume the person reading the Assignment is familiar with the details of the case.

● Identification of the major issues surrounding the organization or individuals involved with the organization.

● Identification of alternate courses of action to address the issues identified.

● The decision or recommendation for action, with the appropriate supporting arguments.

● The case question is designed to guide the direction of your analysis in the case. Your analysis should address and ultimately answer the question.

You may discuss your case analysis Assignment with the class, but you must submit your own original work.

Case analysis tips: Avoid common errors in case analyses, such as:

● Focusing too heavily on minor issues.

● Lamenting because of insufficient data in the case and ignoring creative alternatives.

● Rehashing of case data — you should assume the reader knows the case.

● Not appropriately evaluating the quality of the case's data.

● Obscuring the quantitative analysis or making it difficult to understand.

Typical “minus (–)” grades result from submissions that:

● Are late.

● Are not well integrated and lack clarity.

● Do not address timing issues.

● Do not recognize the cost implications or are not practical.

● Get carried away with personal biases and are not pertinent to the key issues.

● Are not thoroughly proofread and corrected.

Tutor Answer

Chancellor Ivy
School: Cornell University

Attached.

Running head: JAPAN’S RETAIL MARKET

Japan’s Retail Market
Name
Institutional Affiliation

1

JAPAN’S RETAIL MARKET

2

Introduction
Japan’s 127 million customers make the country the world’s second-biggest retail market
after China. According to Japanese external trade organization (JETRO), Japan consumes
approximately 40% of luxury goods in the world (GAIN, n.d.). The leading among the products
consumed in the country is food and beverages as the country is not self-sufficient. The
customers, however, are quite choosy when it comes to quality and excellence of the products.
Despite the sizeable retail market in the country; many multinational retailers have struggled to
cope with the Japanese market due to its specific characteristics. For example, unlike in many
other countries where customers are inclined to massive shopping sprees, the Japanese market is
characterized by shoppers who prefer convenience to large shopping sprees. The paper explores
the reasons why Japanese market is so hard to cope in for the international retailers.
Why Japanese Is Hard to Compete In
Since 2008, the total retail sales have been increasing in Japan. Main retail products sold
include foods, beverages, general merchandise, fabric and apparel and accessories (GAIN, n.d.).
The table below shows the retail products sold in Japan between 2009 and 2011.

JAPAN’S RETAIL MARKET

3

The above table shows that Japan has a very high retail potential which the multinationals
can efficiently capitalize on. Despite the high potential, international retailers have been leaving
Japanese market at an increasing r...

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Review

Anonymous
Awesome! Exactly what I wanted.

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