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Eng-Business

How Ferry Unardi Built Traveloka From Rock Bottom

A Decision Everyone Around Him Thought Was a Mistake In 2011, Ferry Unardi withdrew from Harvard Business School’s MBA program at age 23, walking away from one of the most prestigious credentials available to any young professional, to build a flight-booking website with two friends in a cramped Jakarta apartment. For the first year, the […]

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Eng-Business

Solaria, Cheesecake Factory, and the Paradox of Choice

Abstract Large, deliberately eclectic restaurant menus — Indonesia’s Solaria chain and the United States’ Cheesecake Factory both operate menus exceeding 200 items spanning multiple, unrelated cuisines — are commonly cited in popular commentary as real-world demonstrations of Barry Schwartz’s “paradox of choice”: the idea that excessive options produce anxiety and decision paralysis rather than satisfaction. […]

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Eng-Business International Relations

Japan’s Food Self-Sufficiency Crisis, Explained

A Bowl of Ramen Tells the Whole Story Ramen is often described as the quintessential Japanese dish, but look closely at what’s actually in the bowl and it looks considerably less Japanese than the reputation suggests. The wheat in the noodles is commonly sourced from Australia. The pork is frequently imported from Spain. The soybeans […]

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Eng-Business International Relations

China’s ‘Made in Africa’ Strategy Takes Shape

From Suitcase Traders to Industrial Parks For most of the last three decades, the China-South Africa economic relationship followed a familiar script: China arrived to buy raw materials — chrome, manganese, iron ore, platinum group metals — and, increasingly, to build the state-backed infrastructure that region needed, from power plants to rail lines. China has […]

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