Economic Shock - Japan (2)

Government actions taken to prevent this in the future-

ìPublic education programs and evacuation strategies

ìBuildings can be constructed to survive the wave with repairable damage

ìWarning systems mean impending tsunamis can be picked up by sensors. Countries can use radio and television broadcasts as well as loudspeaker networks to alert the public

ìSensitive buildings like nuclear power plants will be sited as far away from the coast as is possible and designed to shut down into "safe mode" as soon as an earthquake is detected.

ìSea barriers are sometime put up around strategic areas like harbors and ports - but their effectiveness is not particularly well-established.

Economic Shock - Japan (1)

EXPLANATION
ìEarthquake (9) and tsunami in Japan on March 11, 2011.

ìAn estimated 28,000 were dead or missing, and at least 500,000 were displaced.

ìDisrupted transportation routes made rescue efforts difficult.

ìEarthquake and Tsunami were bad enough caused a radioactive leak at the Fukushima nuclear power plant.

ìRadiation showed up in local milk and vegetables, and briefly appeared in Tokyo's drinking water.

ANALYSIS

ìJapanese economy is the third largest in the world, with GDP of US$5.5 trillion (2010).

ìThe quake hit Japan's north-east section, responsible for 6-8% of the world's third largest economy.

ìCountries that export energy and raw materials saw a surge in demand from Japan.

ìBut others that rely on Japan for manufacturing components braced themselves for shortages in supply.

ìSouth Korea:

ì"In terms of semiconductors, auto and steel companies, South Korean and Japanese companies are competitors” - Huh Jae-hwan

ìBut the benefits only continued as long as the situation in Japan does not start to affect the components that Japan supplies to Korean companies.

ìTaiwan

ìTourism industry has been affected, with many Japanese visitors cancelling trips to Taiwan.

ìTaiwan gets the second-most tourists from Japan, about one million people a year.

ìChina

ìJapan is China's biggest source of imports accounting for roughly 13% of its purchases from abroad.

ìAffected by the disruption in supply.

Business Takeovers (2) - Google

GOOGLE TAKES OVER YOUTUBE

A $1.65bn takeover from Google.

YouTube founders were were attracted by the prospect of adding Google's cutting-edge search technology to enable users to pinpoint clips more accurately.

YouTube accounts for 60% of all videos viewed on the net.

SUCCESS OR FAILURE?

Not everybody was convinced of the logic of the takeover.

Critics of YouTube maintain that the site is full of unauthorised clips from music videos, films and television programs.

Some analysts have suggested that the only reason it has not attracted many lawsuits to date is that everybody knows it has little money to pay out.

ADVANTAGES AND DISADVANTAGES

When Google took over YouTube there were a lot of job losses.

But, sometimes these takeovers could lead to disappointing results. 

This however produces lower unit costs, higher profit levels and increased market share.

Business Takeovers (1) - Google

INTRODUCTION 


-GOOGLE
Founded in 1996.Stanford University graduate students built a search engine, which we now know as ‘Google’.Since then, Google has grown enormously.From offering search in a single language, they now offer dozens of products and services—including different forms of advertising and web applications for all kinds of tasks.

-YOUTUBE YouTube allows billions of people to discover, watch and share originally created videos.Founded in February 2005 YouTube provides a forum for people to connect, inform and inspire others across the globe.Acts as a distribution platform for original-content creators and advertisers, large and small.