Who make more profit in this case?
A Japanese electronic company designs an Audio/Video gadget and have it assembled in a developing country. The components of the gadget are come from Japan, Korea and Taiwan. The workers of the developing country mainly responsible for assembling the components and ship the final products to the USA. The Japanese firm chose this country because of its cheap labour and unenforced environmental regulations, Most people from this developing country keep telling me that they make more money from this product than the Japanese firm. How can that be?
Economics - 5 Answers
Random Answers, Critics, Comments, Opinions :
1 :
The gain of the economy is not one round. The main important thing is jobs.Jobs mean income for many.Based on the high MPC, the multiplier effect will function significantly.The host country might have to trade many things in order to get the cooperation project rolling, including tax holiday, infrastructure, exemption of immigration law etc. The Japanese company will earn money for sure. But it has to teach its workers to improve skilled, and be and think like Japanese, that means loyalty and efficient. That is the gains the host country is counting.
2 :
lower wages much lower executive compensation, lower cost of capital, less greed , that is about it i think. ergo my vote goes to the country other than japan
3 :
WHat you should be looking at is the 'value added' and the difference between cost and revenue; a cost to one is a revenue to another. Teh manufacturing industry basically turns raw materials or semi-finished goods (rm/sfg) into goods fit for consumption. The rm/sfg go through a series of processes that move them towards the finished goods state; and every stage of the production process value is being added to the rm/sfg; it is this value added that determines, to a large degree, who benefits most; it's basically who contributes most to the value added. In your example, the value added will be even clearer than if the product was manufactured only under one roof, since the value of imports and exports are clearly stated - at least should be for customs and excise purposes. When the components come from Japan/Korea/Taiwan, they cost something. The assembly and packing is added in the developing country, and the final product shipped to the USA. Where the value added is highest is an empirical question. It is obvious that assembly takes place in the developing nation because it is cheaper for the firm to do this that in Japan. However the cost needs to be defined. USA tariffs duties and quotas The USA often has quotas for products from different countries. And it is actually possible that the gadget gets into the USA at a preferential rate since it came from a developing country than if it had come directly from Japan. In such cases, there often is a minumum % of value added that needs to take place in the developing country before it can benefit from the preferential treatment. Hence it could be possible that the developing nation's Vaue Added is higher than Japan's. Add to this the fact that Japanese production often takes place in developing nation in factories run and managed by Japanese expatriates, you will understand that it is not unlikely. Environmental Regulations As you mentioned, the developing nation has unenforced environmental regulations. It is possible that the production process requires some discharge of pollutants either into the atmosphere or into the sewerage system. In Japan for example, there are quality controls on such effluents. The cost of cleaning the waste before it goes out of the factory can be prohibitive. Hence moving the 'pollution causing' part of production into the developing economy makes sense, given that the huge costs of pollution control are circumvented. The higher the costs of pollution control, the more likely it is for a larger part of value added to take place in the developing nation. Taxation It is possible that the taxation regime in the developing economy is very generous to the firm. SOme economies, in need of investment even offer fixed period tax holidays for the investor. Hence the Japanese firm would prefer to shift as much of value added to the developing economy so that they have tax free revenues rather than have to pay taxes on production processes that take place in Japan. The larget the taxation gap, the more likely is it that your friends are right. In sum, there are many reasons why it could be possible for the developing nation to be contributing more to the production process than the Japanese firm. ALso you should also remember that your friends see the Japanese firms expenses in the economy (wages, local taxes...) as money made by the developed nation, and the Japanese firm only looks at its profits. Hence the more competitive the market for the product, the lower are the margins, and the more likely it is that your friends are right.
4 :
Take motor bike. All the part except engine are make locally. Engine said Japanese only Japan can make which they sell at very high price to their sub-company at developing country. Therefore they shift all their profit back to Japan.
5 :
Let us say, the total cost of the item is $10. Assume that Japan sells the item to US at $12. So Japan makes profit of $2. Now, if they pay $3 to the labourers in the developing economy, definitely, they make more. Is it not? This can happen even when 3 or 4 countries are involved and only one country is involved. Suppose, X (of Japan) buys steel from Y of Japan at 6 $. He makes it into some component (say sheets) after spending $2 extra. So his total cost is $8. If he sells at $10, he makes a profit of $2. Let us look at Y. If he buys iron ore at $2, spends $1 and makes it into steel, his total cost is $3. His profit therefore is $3. This way, Y makes more than X, sitting in the same country. This journey of the product from iron ore to steel sheet is called a value chain. Many players will be involved in the value chain. The profits of each player will differ. It is not necessary that the final person will make more than the previous persons. I HOPE the above answers the question.
Monday, October 28, 2013
Monday, October 14, 2013
Work in Tokyo Japan, do I need a working visa?
Work in Tokyo Japan, do I need a working visa?
I'm a full-time college student and i'm planning to work over the summer. What do I need to do? I would like to work in Tokyo Japan just for this summer, maybe as entertainer because I heard they make a lot of money over there. Any tips?
Embassies & Consulates - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
i think you need to have a permit for working - especially as an entertainer. i know that the japanese government recently became stricter with policies regarding working as an entertainer in japan. you might want to visit your nearest japanese embassy or even the labor office nearest you. they could help. =)
2 :
http://travel.state.gov/travel/cis_pa_tw/cis/cis_1148.html
3 :
If you have been granted entry for the purpose of study, you are not permitted to take paid employment, except where work experience forms part of the course involved, and while we are on this matter, why did you not find out about this before taking this course,( if that, in fact, is the studying you are doing, your explanation is not clear on this point ), taking a job now, without permission from their home affairs department could see you disqualified for life, from entry, as well as not being permitted to finish your course, I suggest that you contact the dept concerned and very nicely explain, that you need this work and you will not be taking someone else's job to do it, and it would help broaden your understanding of their culture and language to participate in their wonderful democracy, be very humble, and expect it to take forever to find the right people to talk to, they are not a people who are direct in their dealings, but usually take the time ( a lot of time ), to know the person first, before directing them to the person who can deal wiith this, also expect to drink a lot of teas, and make a lot small talk , the beaurocracy is enormous and cumbersome, and bound by social rules, do not get aggressive or annoyed, public anger displays are not welcome, you have been warned. RESPECT IS EVERYTHING, IN JAPAN..;. If you are not yet working there then you can get work if you are reasonably skilled and dexterous, as a cropupier on the cruise ships, or as cruise staff itself, making beds entertaining, bar staff, etc, the cruise lines often make the visa application themselves, for you, but be warned if you have a criminal conviction or record you will not be welcome here at all, or try the "Singapore Cruise Line" for vacancies, as they do a grand tour of the far east, including Japan Burma, Thailand, etc, many Americans have taken this route for summer work, and the cruise length is ideal for a full vacation season, from college, and is mostly various nations tourists, one tip, though, do NOT take any drugs, and I mean ANY recreational drugs the penalty for even a small amount is death by hanging, in these nations, Japan included, (if, of course, that is whaty you meant by, "any tips ?" otherwise yes you do get "cash tips" for doing this work, I would suggest that you work on your communications skills old man, as well, by the way...... Lastly, check all your luggage, and do not carry parcels or packages for friends through any customs area, any one wanting to pass stuff through customs, should never find you an easy mule, also, leave your address tags inside your bags as an outside one is easily spotted, and a quick phone call to someone at your home base, may find you having to explain to your insurance company how the thieves knew you were away, and I really mean check "everything" and lock it with a good lock, not a cheap one, and do not let your luggage escape your side for a moment, once this is done, mark it in order to recognise it in airports or stations but if asked it may be better to deny all knowledge of this belonging to you, or being uncertain, about it being yours after all, people carry similar luggage around the world, and I for one would rather not commit to any thing if a customs or police officer says "is this bag yours sir ?, in a land where I have no legal rights...Put any items with your I.D. in an inside the trousers pocket, that can only be accessed from the waistband, and which does not show from the outside...... I do not mind having to replace my undies, or a few shirts but I can not get my life back, so I do not even carry an address label inside ( or my name, or any I.D. or even anything with my writing on) , personally, it is your choice, but I have seen too many caught out by sly policemen looking for a bribe, slip a "little something" into a bag after opening it, to trust any one, any more, but the choice is yours, and your embassy may be a long way away, and they may not believe too much in your innocence on this matter, if it is not politically sensitive to do so, all they may do, is negotiate a long sentence, rather than a death sentence, and you certainly would not enjoy their jails, if you ever came out, even without a venereal disease, or a death sentence from one or another infection....
4 :
http://educationjapan.org/visas/work.html Foreigners are not allowed to work in Japan without a work visa. Obtaining a Japanese work visa takes some effort in that all application materials must be presented in person at an embassy or consulate. The paperwork required varies based on occupation, so the applicant is advised to speak with a Japanese official before submitting an application for a work visa. How to Obtain a Japanese Work Visa Find a position and a Japanese employer who is willing to sponsor an application for a work visa. The majority of work visa applications require the applicant to submit documents certifying his qualifications to perform the work, such as a diploma, and outlining the activities that he will be involved in while in Japan. In some cases, these documents must be certified by the organization the applicant intends to work for. In other cases, the process can be streamlined by the company officials, who can handle the work visa application for the applicant. Locate the nearest Japanese embassy or consulate. Contact the consulate to find out more about the paperwork that will be required to apply for a work visa. Work visas are split into many different categories in Japan, and it's important to find out what category an occupation falls under and submit the appropriate application materials to the embassy. Ask about any fees that must accompany the visa application. The applicant may also have to make a trip to the embassy or consulate to obtain a copy of the work visa application. Obtain a Certificate of Eligibility, if possible. Certificates of Eligibility can only be obtained in Japan, and usually eliminate the need for additional materials certifying the reason for the visa. They also make the application process move much more quickly, as the application won't be forwarded to an office in Japan for screening. Gather together and photocopy all essential documents. Besides the specific documents required for an occupation, each visa application must be accompanied by a copy of your passport, two passport photos taken in the past 6 months, payments to cover any fees and two completed applications. Bring all original documents to the embassy or consulate in addition to the copies, just in case. Wait for the application to be processed. When applying for a work visa from outside of Japan, the process can take several months, especially if a Certificate of Eligibility is not submitted along with the application. If approved, the work visa will be issued and the applicant will be cleared to enter Japan. http://www.ehow.com/how_4623427_obtain-japanese-work-visa.html?ref=fuel&utm_source=yahoo&utm_medium=ssp&utm_campaign=yssp_art
I'm a full-time college student and i'm planning to work over the summer. What do I need to do? I would like to work in Tokyo Japan just for this summer, maybe as entertainer because I heard they make a lot of money over there. Any tips?
Embassies & Consulates - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
i think you need to have a permit for working - especially as an entertainer. i know that the japanese government recently became stricter with policies regarding working as an entertainer in japan. you might want to visit your nearest japanese embassy or even the labor office nearest you. they could help. =)
2 :
http://travel.state.gov/travel/cis_pa_tw/cis/cis_1148.html
3 :
If you have been granted entry for the purpose of study, you are not permitted to take paid employment, except where work experience forms part of the course involved, and while we are on this matter, why did you not find out about this before taking this course,( if that, in fact, is the studying you are doing, your explanation is not clear on this point ), taking a job now, without permission from their home affairs department could see you disqualified for life, from entry, as well as not being permitted to finish your course, I suggest that you contact the dept concerned and very nicely explain, that you need this work and you will not be taking someone else's job to do it, and it would help broaden your understanding of their culture and language to participate in their wonderful democracy, be very humble, and expect it to take forever to find the right people to talk to, they are not a people who are direct in their dealings, but usually take the time ( a lot of time ), to know the person first, before directing them to the person who can deal wiith this, also expect to drink a lot of teas, and make a lot small talk , the beaurocracy is enormous and cumbersome, and bound by social rules, do not get aggressive or annoyed, public anger displays are not welcome, you have been warned. RESPECT IS EVERYTHING, IN JAPAN..;. If you are not yet working there then you can get work if you are reasonably skilled and dexterous, as a cropupier on the cruise ships, or as cruise staff itself, making beds entertaining, bar staff, etc, the cruise lines often make the visa application themselves, for you, but be warned if you have a criminal conviction or record you will not be welcome here at all, or try the "Singapore Cruise Line" for vacancies, as they do a grand tour of the far east, including Japan Burma, Thailand, etc, many Americans have taken this route for summer work, and the cruise length is ideal for a full vacation season, from college, and is mostly various nations tourists, one tip, though, do NOT take any drugs, and I mean ANY recreational drugs the penalty for even a small amount is death by hanging, in these nations, Japan included, (if, of course, that is whaty you meant by, "any tips ?" otherwise yes you do get "cash tips" for doing this work, I would suggest that you work on your communications skills old man, as well, by the way...... Lastly, check all your luggage, and do not carry parcels or packages for friends through any customs area, any one wanting to pass stuff through customs, should never find you an easy mule, also, leave your address tags inside your bags as an outside one is easily spotted, and a quick phone call to someone at your home base, may find you having to explain to your insurance company how the thieves knew you were away, and I really mean check "everything" and lock it with a good lock, not a cheap one, and do not let your luggage escape your side for a moment, once this is done, mark it in order to recognise it in airports or stations but if asked it may be better to deny all knowledge of this belonging to you, or being uncertain, about it being yours after all, people carry similar luggage around the world, and I for one would rather not commit to any thing if a customs or police officer says "is this bag yours sir ?, in a land where I have no legal rights...Put any items with your I.D. in an inside the trousers pocket, that can only be accessed from the waistband, and which does not show from the outside...... I do not mind having to replace my undies, or a few shirts but I can not get my life back, so I do not even carry an address label inside ( or my name, or any I.D. or even anything with my writing on) , personally, it is your choice, but I have seen too many caught out by sly policemen looking for a bribe, slip a "little something" into a bag after opening it, to trust any one, any more, but the choice is yours, and your embassy may be a long way away, and they may not believe too much in your innocence on this matter, if it is not politically sensitive to do so, all they may do, is negotiate a long sentence, rather than a death sentence, and you certainly would not enjoy their jails, if you ever came out, even without a venereal disease, or a death sentence from one or another infection....
4 :
http://educationjapan.org/visas/work.html Foreigners are not allowed to work in Japan without a work visa. Obtaining a Japanese work visa takes some effort in that all application materials must be presented in person at an embassy or consulate. The paperwork required varies based on occupation, so the applicant is advised to speak with a Japanese official before submitting an application for a work visa. How to Obtain a Japanese Work Visa Find a position and a Japanese employer who is willing to sponsor an application for a work visa. The majority of work visa applications require the applicant to submit documents certifying his qualifications to perform the work, such as a diploma, and outlining the activities that he will be involved in while in Japan. In some cases, these documents must be certified by the organization the applicant intends to work for. In other cases, the process can be streamlined by the company officials, who can handle the work visa application for the applicant. Locate the nearest Japanese embassy or consulate. Contact the consulate to find out more about the paperwork that will be required to apply for a work visa. Work visas are split into many different categories in Japan, and it's important to find out what category an occupation falls under and submit the appropriate application materials to the embassy. Ask about any fees that must accompany the visa application. The applicant may also have to make a trip to the embassy or consulate to obtain a copy of the work visa application. Obtain a Certificate of Eligibility, if possible. Certificates of Eligibility can only be obtained in Japan, and usually eliminate the need for additional materials certifying the reason for the visa. They also make the application process move much more quickly, as the application won't be forwarded to an office in Japan for screening. Gather together and photocopy all essential documents. Besides the specific documents required for an occupation, each visa application must be accompanied by a copy of your passport, two passport photos taken in the past 6 months, payments to cover any fees and two completed applications. Bring all original documents to the embassy or consulate in addition to the copies, just in case. Wait for the application to be processed. When applying for a work visa from outside of Japan, the process can take several months, especially if a Certificate of Eligibility is not submitted along with the application. If approved, the work visa will be issued and the applicant will be cleared to enter Japan. http://www.ehow.com/how_4623427_obtain-japanese-work-visa.html?ref=fuel&utm_source=yahoo&utm_medium=ssp&utm_campaign=yssp_art
Monday, October 7, 2013
Did you donate money to help recover from the disaster in Japan?
Did you donate money to help recover from the disaster in Japan?
If you'd like...you can text "REDCROSS" to 90999 and it adds $10.00 to your phone bill which will be donated... Me - Yes I did...My mom doesn't know about it yet...But helping to help make a change feels awesome! :P
Polls & Surveys - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Nope, and won't.
2 :
Yup :)
3 :
not yet i will when i get my allowance
4 :
Today, you would like to give money to the Japan earthquake relief, and that is a good thing. If you do that, good on you. HOWEVER--if, next week, the home next to you burns down, the Red Cross CANNOT use your donation to help that family. Why? Because you specified that your donation had to go to Japan. The Red Cross spends donated money in or near a disaster area, to purchase necessary supplies from local businesses. This means that these businesses can continue to pay their employees, who already affected by the disaster. Otherwise, they would lose their jobs on top of everything else that has happened. Donating money keeps people going in ways far beyond immediate supplies. Also--the earthquake happened on Friday. The Red Cross and other relief organizations already existed, right? So before the disaster hit, they had offices in place to get information and coordinate their responses. Relief agencies need stuff independent of any specific disaster. Agencies need vehicles to get to disasters. These are usually vans and trucks. These need gas, oil, tires, inspection, maintenance, and insurance--all of which costs money. Agency offices need electricity, water, computers, Internet access, phones, phone service, printers, paper, toner--and people. People need to be paid living wages and have healthcare insurance in full-time jobs. (You want that, right?) All of that already had to be paid for, so when disasters occur, the agencies are ready. Without unrestricted donations not tied to any event, relief agencies cannot have any of these necessities--and can't respond as effectively as necessary.
If you'd like...you can text "REDCROSS" to 90999 and it adds $10.00 to your phone bill which will be donated... Me - Yes I did...My mom doesn't know about it yet...But helping to help make a change feels awesome! :P
Polls & Surveys - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Nope, and won't.
2 :
Yup :)
3 :
not yet i will when i get my allowance
4 :
Today, you would like to give money to the Japan earthquake relief, and that is a good thing. If you do that, good on you. HOWEVER--if, next week, the home next to you burns down, the Red Cross CANNOT use your donation to help that family. Why? Because you specified that your donation had to go to Japan. The Red Cross spends donated money in or near a disaster area, to purchase necessary supplies from local businesses. This means that these businesses can continue to pay their employees, who already affected by the disaster. Otherwise, they would lose their jobs on top of everything else that has happened. Donating money keeps people going in ways far beyond immediate supplies. Also--the earthquake happened on Friday. The Red Cross and other relief organizations already existed, right? So before the disaster hit, they had offices in place to get information and coordinate their responses. Relief agencies need stuff independent of any specific disaster. Agencies need vehicles to get to disasters. These are usually vans and trucks. These need gas, oil, tires, inspection, maintenance, and insurance--all of which costs money. Agency offices need electricity, water, computers, Internet access, phones, phone service, printers, paper, toner--and people. People need to be paid living wages and have healthcare insurance in full-time jobs. (You want that, right?) All of that already had to be paid for, so when disasters occur, the agencies are ready. Without unrestricted donations not tied to any event, relief agencies cannot have any of these necessities--and can't respond as effectively as necessary.
Tuesday, October 1, 2013
international money order from usa to japan?
international money order from usa to japan?
I need to get an international money order from usa that's $800... and i'm thinking about getting it from the usps. I know that I'll have to get a $700 and a $100 since the max. amt for one international money order is $700. But i just want to make sure that this international money order will go smoothly once my friend receives it in japan and that she will be able to deposit the check for japanese currency in return. So if anyone knows anything about this, please tell me about it... where would she go to exchange the money order for cash? if you've done it before, how difficult/complex will this be?! thanks guys
Japan - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Remember when you purchase your money order at the US Post Office, that it is the INTERNATIONAL POSTAL MONEY ORDER, not the standard Postal Money order (the USPS has two types). Once you get it be sure to double check that it says 'INTERNATIONAL POSTAL MONEY ORDER As long as it is the INTERNATIONAL POSTAL MONEY ORDER, then once your friend gets it, they should be able to cash it at the Japan Post Office, there shouldn't be much problems if they do it at the post office. Sorry I have to stress INTERNATIONAL POSTAL MONEY ORDER, because if you send the standard "MONEY ORDER" they will not be able to process it in Japan, some post offices might not be too familiar with international postal money orders depending so be clear when you ask for one.
2 :
hsbc premier.
3 :
Have you thought of a Fund Transfer, (bank to bank) You will need their bank SWIFT numbers, that they use in Japan. Once you sign the Transfer here, they will usually receive the money in 3 days, in their bank account. If you use a Money Order their bank may hold the money for up to 10 days, (until the check clears in the USA). I live in Japan and this is how I transfer my funds... very safe and no chance of the letter being late.
I need to get an international money order from usa that's $800... and i'm thinking about getting it from the usps. I know that I'll have to get a $700 and a $100 since the max. amt for one international money order is $700. But i just want to make sure that this international money order will go smoothly once my friend receives it in japan and that she will be able to deposit the check for japanese currency in return. So if anyone knows anything about this, please tell me about it... where would she go to exchange the money order for cash? if you've done it before, how difficult/complex will this be?! thanks guys
Japan - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Remember when you purchase your money order at the US Post Office, that it is the INTERNATIONAL POSTAL MONEY ORDER, not the standard Postal Money order (the USPS has two types). Once you get it be sure to double check that it says 'INTERNATIONAL POSTAL MONEY ORDER As long as it is the INTERNATIONAL POSTAL MONEY ORDER, then once your friend gets it, they should be able to cash it at the Japan Post Office, there shouldn't be much problems if they do it at the post office. Sorry I have to stress INTERNATIONAL POSTAL MONEY ORDER, because if you send the standard "MONEY ORDER" they will not be able to process it in Japan, some post offices might not be too familiar with international postal money orders depending so be clear when you ask for one.
2 :
hsbc premier.
3 :
Have you thought of a Fund Transfer, (bank to bank) You will need their bank SWIFT numbers, that they use in Japan. Once you sign the Transfer here, they will usually receive the money in 3 days, in their bank account. If you use a Money Order their bank may hold the money for up to 10 days, (until the check clears in the USA). I live in Japan and this is how I transfer my funds... very safe and no chance of the letter being late.
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