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Volkswagen

VW is a mass-market car producer and has found its competitiveness slipping away in key markets, largely because of high costs in Germany, where it is based. It has traditionally been reluctant to use low-cost locations for components, unlike rival global carmakers. High wages and job protection in Germany have been priorities for the powerful trade union, IG Metall, which is inuential on VWs supervisory board. In the US, VWs sales slumped for several reasons: the weakness of the US dollar, the lack of appealing new models and the unwillingness of the company to use local suppliers of components for its Mexican factory. In China, where VW was a market leader, completive pressures have gathered strength, from both other western entrants and Chinese companies. VW has inadvertently strengthened Chinese compeittors through its joint ventures with SAIC MOTOR.

Changes in strategy have been forced on the company because of its dwindling competiveness. The management has persuaded the unions that cost savings are imperative. Wage freezes, early retirement and sta reductions through voluntary schemes are being implemented.

Under Germanys system of corporate governance, co-determination is the governing principle. It is useful to begin by highlighting its implications, namely the strong position of the main trade union on the supervisory board. Also important in the case of VW are the share structure, the German takeover law and the role of Porsche, the family-owned luxury carmaker. The main large shareholders are Porsche and the government of Lower Saxony, which have diering perspectives. The families which own Porsche see the economic benets for themselves of winning control of VW, while the government and trade union prioritize public benets such as employment in the region. Clashes in perspective lead to disagreement over strategy.

Question

If you were a shareholder in VW, what changes would you like to see in the way the company is run? (150 words)

***Please complete my answer to be 150 words ..

I need new and unique answers, please. (Use your own words, don't copy and paste)

My answer..

If I was a shareholder in VW then I would certainly like to see it expanding globally and being competitive with other top automobile players in the world instead of being reluctant to use low-cost locations for components as it will make the VW more profitable and the company management can contribute to the local German society for a long time with those profits. If the company will not book profit then it would be very difficult to sustain the existing employee and will hamper both the economy and the employment.

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Japan

The jobs-for-life guarantee Japans large companies have prided themselves on their employment system which guaranteed a job for life to permanent, fulltime employees. This was an important element in Japanese corporate culture, giving employees a strong sense of identity with the company, along with high levels of loyalty. Following decades of rapid economic development, Japan went into a period of economic downturn in the 1990s, and in the same decade, Japans companies came under completive pressures from other East Asian economies which were catching up in terms of economic development. Although Japanese companies needed to restructure and abandon the jobs for-life policy, they were reluctant to take drastic steps to slim down workforces.

• Core technology and innovation capacities Japans large companies were famous for their innovations, but in embarking on joint ventures with companies in the rising economies of East Asia, lost control of some of their key innovations. Rethinking their innovation strategies, involving decisions on what to keep in-house and where to seek cooperative strategies, was part of the strategy to regain competitiveness.

Japans companies have long been at the forefront of imaging technology, including LCD technology, digital cameras and at TV panels. This gives them a competitive lead in the fast- growing digital sector. By carefully managing this technology, they hope to keep their lead over rivals such as Taiwanese and South Korean companies. The home market is crucial for Japanese companies, and, although Japanese consumers were reluctant to spend during the period of economic downturn, there is hope that consumers will regain their desire for the latest electronic equipment. Companies such as Sony and Toshiba look for renewed growth in their home market.

Question

Asses the impacts of changes in employment patterns on Japanese society? (150 words)

***Please complete my answer to be 150 words ..

I need new and unique answers, please. (Use your own words, don't copy and paste)

My answer..

With the elimination of jobs-for-life policy by the Japanese company will be harmful in several ways such as

People will not be extremely dedicated towards the employer because of being fired anytime, Innovation capacity of Japan will reduce drastically because of lack pf people dedication towards employer, Mental and emotional pressure on Japanese employee will rise high because of unsafe working condition, People will not remain loyal with their employer and will think to keep changing the jobs.

This may impact positively on Japanese society because of: People will be more competitive and productive to save their job and indirectly benefit the employer, Efficiency will be increased due to this competitiveness, People will start upskillinh themselves with cutting edged technology and indirectly help the employer to get the highly skilled employeees in various domains.