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Japan’s Small Businesses Have a Problem. They Don’t Know How to Raise Prices

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Manage episode 431509816 series 3311220
Content provided by Bloomberg and iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg and iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Costs are rising in Japan and small businesses risk being squeezed into oblivion if they don’t figure out how to raise their prices. After decades of deflation, many small Japanese companies are out of practice on exactly how to do it.

Today on The Big Take Asia, host Rebecca Choong Wilkins talks to Bloomberg senior editor Reed Stevenson about a class he visited where people are relearning the long-lost skill of negotiation, and what a failure to raise prices at these small businesses – which make up 90% of the economy – could mean for Japan’s future.
Read more: BOJ to Cut Bond Buying as Fate of Rate Policy Stirs Jitters

See omnystudio.com/listener for privacy information.

  continue reading

533 episoade

Artwork
iconDistribuie
 
Manage episode 431509816 series 3311220
Content provided by Bloomberg and iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg and iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Costs are rising in Japan and small businesses risk being squeezed into oblivion if they don’t figure out how to raise their prices. After decades of deflation, many small Japanese companies are out of practice on exactly how to do it.

Today on The Big Take Asia, host Rebecca Choong Wilkins talks to Bloomberg senior editor Reed Stevenson about a class he visited where people are relearning the long-lost skill of negotiation, and what a failure to raise prices at these small businesses – which make up 90% of the economy – could mean for Japan’s future.
Read more: BOJ to Cut Bond Buying as Fate of Rate Policy Stirs Jitters

See omnystudio.com/listener for privacy information.

  continue reading

533 episoade

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