Pestle Analysis of Automotive Industry in Japan and Korea...areas: Economic Cond

Question

Pestle Analysis of Automotive Industry in Japan and Korea...areas: Economic Conditions, Social-Cultural, Technological Changes, Political-Legal Conditions, and Market/Competition Changes...in your business relationship your company has employed a combination of expatriate e.g. parent country employees, host country nationals and third country nationals. Identify basic trends in the business environment that might affect your business over the next 2 years while engaged in partnership or with a wholly owned subsidiary doing business in the group of countries assigned. From your analysis determine potential implications for HRM practices and policies for each factor.. Conclude by telling what additional information you would seek and what sources you might use

3. From your analysis, determine potential implications for HRM policies and practices 4. Using the outline below, prepare a Main Points Overview of your findings. 5. Conclude by telling what additional information you would seek and what sources you might use. BRIEFING OUTLINE 1. Industry: 2. Key Environmental Trends and HR Implications Environmental Factors and Trends list several key factors for each of the following] Economic Condition Group of Countries: [Identify HR policy implications associated with this and other factors/trends in the column to the left) Social-Cultural Market/Competition Changes Technological Changes Political-Legal Conditions nme sme notential sources.

Explanation / Answer

Japan is a small, but articulate, country. They’re advanced in telecommunications yet follow a patriarchal family system. Over one hundred million residents live in Japan and are forced to live in specific locations. And their relationship with several countries is questionable.

Here is a full PESTLE analysis of Japan

Japan is a monarchy. But the current Emperor, Akihito, has little say in the country’s political developments. He is a figurehead — a symbol — but the country has five political parties with stronger influence:

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