How the Energy Industry Affects the Japanese EconomyIntroductionThe topic of my competitiveness report is how the energy industry affects the Japanese economy. I chose Japan as my target country because I have been studying Japanese for almost nine years already and am looking for job opportunities in Japan. Additionally, understanding the advantages and disadvantages of the Japanese business environment can help eliminate unnecessary cultural conflicts and increase opportunities for adaptation to the environment. Additionally, Japan is known for its energy industry, and its potential competitive advantage can help increase its GDP. First, I will give some information about Japan as a country, as well as statistics, cultural facts and a brief description of the Japanese economy. Additionally, I will talk about how the Fukushima radiation incident affected the Japanese economy when it happened two years ago. In conclusion, changes in certain industries can greatly affect a country's performance. Country Analysis Japan is a country located in the Pacific Ocean and is adjacent to China, Korea, and Taiwan. Japan's system of government is parliamentary with a constitutional monarchy and gives Japan a chief emperor and prime minister. Additionally, Japan has an industrialized market economy and prices and services are determined according to a free price system. Japan is considered the third largest economy in the world due to its superior leadership and developing foreign trade. Additionally, Japan has some natural resources in its energy industry, which not only helps Japan maintain its economy in its mature stage but also helps increase its GDP. Understanding the cultural environment of a country is extremely important because...... middle of paper ......s competitive advantages in the global market. Penn State University. 2009. PDF.Rothaermel, Frank T. Competitive advantage in technology-intensive industries. Technological innovation: generating economic results in Entrepreneurship, innovation and economic growth, volume 18, 201-225. 2008. PDF. Shrivastava Paul. Environmental technologies and competitive advantage. Journal of Strategic Management, Vol. 16, 183-200. 1995. “What about Japan? » The Hofstede Center. 2014. Retrieved April 1, 2014. Web.