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COPPER
PRODUCTION
Project Report By:-
Geetanjali Wadhawan
043023
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IMG IVAugust 26, 2010
Political Environment
Government Type: Constitutional monarchy with a parliamentary
government.
Japan is a constitutional monarchy where the power of the
emperor is very limited. As a ceremonial
figurehead, he is defined by the constitution as "the symbol of
the state and of the unity of the people".
Power is held chiefly by the Prime Minister of Japan and other
elected members of the Diet, while
sovereignty is vested in the Japanese people.
The Emperor effectively acts as the head of state on diplomatic
occasion.
Economic Environment
GDP (2009 est.): $5.049 trillion (official exchange rate);
$4.141 trillion (PPP).
Real growth rate (2009 est.): -5.7%.
Per capita GDP (2009 est. PPP): $33,523.37
Japan's industrialized, free-market economy is the
second-largest in the world.
Its economy is highly efficient and competitive in areas linked
to international trade, but productivity is far
lower in protected areas such as agriculture, distribution, and
services.
Japan's reservoir of industrial leadership and technicians,
well-educated and industrious work force, high
savings and investment rates, and intensive promotion of
industrial development and foreign trade produced
a mature industrial economy.
Japan's major export industries include automobiles, consumer
electronics (see Japanese consumer
electronics industry), computers,semiconductors, and iron and
steel.
Most important trade partners are China and the USA, followed by
South Korea, Taiwan, Hong Kong, Singapore,
Thailand and Germany.
http://en.wikipedia.org/wiki/Prime_Minister_of_Japanhttp://en.wikipedia.org/wiki/Diet_of_Japanhttp://en.wikipedia.org/wiki/Japanese_peoplehttp://en.wikipedia.org/wiki/Head_of_statehttp://en.wikipedia.org/wiki/Exportinghttp://en.wikipedia.org/wiki/Automobilehttp://en.wikipedia.org/wiki/Consumer_electronichttp://en.wikipedia.org/wiki/Japanese_consumer_electronics_industryhttp://en.wikipedia.org/wiki/Japanese_consumer_electronics_industryhttp://en.wikipedia.org/wiki/Computershttp://en.wikipedia.org/wiki/Semiconductorhttp://en.wikipedia.org/wiki/Manufacturing_in_Japan#Iron_Hello_KITTY_and_steelhttp://en.wikipedia.org/wiki/Prime_Minister_of_Japanhttp://en.wikipedia.org/wiki/Diet_of_Japanhttp://en.wikipedia.org/wiki/Japanese_peoplehttp://en.wikipedia.org/wiki/Head_of_statehttp://en.wikipedia.org/wiki/Exportinghttp://en.wikipedia.org/wiki/Automobilehttp://en.wikipedia.org/wiki/Consumer_electronichttp://en.wikipedia.org/wiki/Japanese_consumer_electronics_industryhttp://en.wikipedia.org/wiki/Japanese_consumer_electronics_industryhttp://en.wikipedia.org/wiki/Computershttp://en.wikipedia.org/wiki/Semiconductorhttp://en.wikipedia.org/wiki/Manufacturing_in_Japan#Iron_Hello_KITTY_and_steel
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COPPERCopper is one of the basic chemical elements. It is
commonly used to produce a wide variety of products,
including electrical wire, cooking pots and pans, pipes and
tubes, automobile radiators, and many others.
Copper is also used as a pigment and preservative for paper,
paint, textiles, and wood. It is combined with
zinc to produce brass and with tin to produce bronze.
US and China, Japans major trading partners are also the largest
consumers of copper in the world
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Social Environment
Japan is a more collectivist culture that avoids risks and shows
little value for personal freedom.
When conducting business in Japan relationships and loyalty to
the group is critical for success.
The cultural map of the world according to the World Values
Survey describes Japan as highest in the
world in "Rational-Secular Values", and average-high in
"Self-Expression Values"
Gender empowerment is now a high priority in the Japanese
society
Japan's labour force consists of some 65.9 million workers (2009
est.), 42% of whom are women.
Labour union membership was estimated to be about 10 million in
2007.
Technological Environment
Japan is one of the leading nations in the fields ofscientific
research, particularly technology,
machinery andbiomedical research.
Japan is a world leader in fundamental scientific research,
having produced thirteen Nobel laureates
in either physics, chemistry or medicine, three Fields
medalists] and one Gauss Prize laureate.
Some of Japan's more prominent technological contributions are
found in the fields ofelectronics,
automobiles, machinery, earthquake engineering, industrial
robotics, optics, chemicals, semiconductors
and metals.
Japan is the world's largest producer of automobiles.
Japan leads the world in robotics production and use.
Legal Environment
Japanese legal system is a hybrid of continental and
Anglo-American law.
The Japanese Constitution contains thirty-one articles relating
to human rights and it also provides for the
separation of three powers: Legislative, Judicial and
Governmental power.
The three main categories of crime under the Japanese Criminal
Law are crimes against the state, crimes
against society and crimes against individuals.
http://en.wikipedia.org/wiki/World_Values_Surveyhttp://en.wikipedia.org/wiki/Researchhttp://en.wikipedia.org/wiki/Technologyhttp://en.wikipedia.org/wiki/Machinehttp://en.wikipedia.org/wiki/Biomedical_researchhttp://en.wikipedia.org/wiki/Fundamental_researchhttp://en.wikipedia.org/wiki/Nobel_Prizehttp://en.wikipedia.org/wiki/Fields_Medalhttp://en.wikipedia.org/wiki/Japan#cite_note-93http://en.wikipedia.org/wiki/Gauss_Prizehttp://en.wikipedia.org/wiki/Electronicshttp://en.wikipedia.org/wiki/Automobilehttp://en.wikipedia.org/wiki/Machinehttp://en.wikipedia.org/wiki/Earthquake_engineeringhttp://en.wikipedia.org/wiki/Industrial_robothttp://en.wikipedia.org/wiki/Opticshttp://en.wikipedia.org/wiki/Chemical_substancehttp://en.wikipedia.org/wiki/Semiconductorhttp://en.wikipedia.org/wiki/Metalhttp://en.wikipedia.org/wiki/Roboticshttp://en.wikipedia.org/wiki/World_Values_Surveyhttp://en.wikipedia.org/wiki/Researchhttp://en.wikipedia.org/wiki/Technologyhttp://en.wikipedia.org/wiki/Machinehttp://en.wikipedia.org/wiki/Biomedical_researchhttp://en.wikipedia.org/wiki/Fundamental_researchhttp://en.wikipedia.org/wiki/Nobel_Prizehttp://en.wikipedia.org/wiki/Fields_Medalhttp://en.wikipedia.org/wiki/Japan#cite_note-93http://en.wikipedia.org/wiki/Gauss_Prizehttp://en.wikipedia.org/wiki/Electronicshttp://en.wikipedia.org/wiki/Automobilehttp://en.wikipedia.org/wiki/Machinehttp://en.wikipedia.org/wiki/Earthquake_engineeringhttp://en.wikipedia.org/wiki/Industrial_robothttp://en.wikipedia.org/wiki/Opticshttp://en.wikipedia.org/wiki/Chemical_substancehttp://en.wikipedia.org/wiki/Semiconductorhttp://en.wikipedia.org/wiki/Metalhttp://en.wikipedia.org/wiki/Robotics
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Special laws include firearms and sword control law, laws for
regulating business that affects public
morals, anti-prostitution laws, anti-organized crime laws, and
road traffic laws.
Japanese copyright law protects all works "in which thoughts
orsentiments are expressed in a creative
way, and which falls within the literary, scientific, artistic
ormusical domain.
Employment Laws-Most terms and conditions of employment are
provided by the companys work rules,
which may be drawn up and varied unilaterally.
Conclusion
Japan is the centre of new trends and creativity and is a
coveted testing ground for new products.
A survey of foreign-affiliated firms in Japan conducted by JETRO
in early 2008 indicated that one in five of
these companies sees Japan as a centre for research and
development and as a base for business activities in
Asia. Today, increasing numbers of companies around the world
are partnering with Japanese companies to
develop products and services, create innovative technologies,
and conduct R&D projects.
Advantages of doing business in Japan are:-
Japan is an enormous market, one of the world's largest in terms
of economic scale. The scale of the
economies of the country's individual regions rivals that of
some countries. Japan's regions also offer an
attractive market and extensive business opportunities
Japan's industries are globally competitive, and, as can be seen
in the automotive sector, the nation's
industrial structure is extremely broad-based, with a large
number of smaller companies functioning to
support the world heavyweights
Japan hosts a large number of small and medium-sized enterprises
(SMEs) which, while perhaps small in
scale, are tremendously innovative. For foreign companies
seeking to enter the Japanese market,
partnerships with companies of this type have numerous merits,
including offering them the ability to
develop products that fit the market, to boost their
technological capacity, and to open up markets and sales
channels.
Japans major exports are automobiles and electronics. Copper is
an important element in the production of
both of these. Also US, which is one of Japans major trading
partners is the largest consumer of copper in
the world.
http://en.wikipedia.org/wiki/Thoughtshttp://en.wikipedia.org/wiki/Sentimenthttp://en.wikipedia.org/wiki/Creativehttp://en.wikipedia.org/wiki/Literaryhttp://en.wikipedia.org/wiki/Scientifichttp://en.wikipedia.org/wiki/Artistichttp://en.wikipedia.org/wiki/Musichttp://en.wikipedia.org/wiki/Field_of_studyhttp://en.wikipedia.org/wiki/Thoughtshttp://en.wikipedia.org/wiki/Sentimenthttp://en.wikipedia.org/wiki/Creativehttp://en.wikipedia.org/wiki/Literaryhttp://en.wikipedia.org/wiki/Scientifichttp://en.wikipedia.org/wiki/Artistichttp://en.wikipedia.org/wiki/Musichttp://en.wikipedia.org/wiki/Field_of_study
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China, another major trading partner of Japan, has a growing
demand for copper. According to data issued
by the Beijing General Research Institute of Mining &
Metallurgy China's copper consumption is projected
to increase to 7 million tons in 2010 and 7.4 million tons in
2011.
Production of copper in Japan will be profitable because there
is a domestic demand (for the production of
automobiles, electronics, etc) and it can also be exported to US
and China to meet their growing demand.
Thus, I would recommend the investor to commit his capital to
the production of copper in
Japan.
