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2020 | OriginalPaper | Chapter

7. Implications for Business Strategy and Lessons from Japan in a Global Business Perspective

Author : Eric Romann

Published in: Nonmarket Strategy in Japan

Publisher: Springer Singapore

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Abstract

Finalizing the case study analysis, this chapter highlights the six categories of business objectives/strategies found across CPA instances: Creating a new business framework, Boosting sales/enhancing business, Reducing or neutralizing threats for business, Support for investment decision-making, Norms and rule setting, Global strategy/meaning of Japan. Four generic strategies and their respective major resources are proposed with objectives ranging between the two poles of Threat for business and Norm setting/Creation of a business framework: Hard pressure: state power, economic power; Soft pressure: public opinion, legitimacy; Direct persuasion: informational/expertise, legitimacy; Indirect persuasion: stakeholders/influencers.

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Footnotes
1
More than three-fourths of Aflac’s pretax operating earnings is generated in Japan.
 
2
In English: sublation, that is, “abolish”, “preserve”, and “transcend”, that is, keeping the good of the thesis at a higher level. In philosophy, aufheben is used by Hegel to explain what happens when a thesis and antithesis interact, and in this sense is translated mainly as “sublate”.
 
3
Directive relative to products using or having an impact on energy consumption (washing machines, refrigerators etc.) and subject to energy efficiency requirements. Introduced in 2009.
 
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Metadata
Title
Implications for Business Strategy and Lessons from Japan in a Global Business Perspective
Author
Eric Romann
Copyright Year
2020
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-15-7325-5_7

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