business value chain 3.2.1 Business value chain Describe the characteristics of the business value chain that show the relationship of the key stakeholders with the activities related to business operation

, revising the conditions for obtaining a license to allow applicants to choose whether to engage in mutual fund or private fund management, thus avoiding the burden of setting up systems for services they do

in each type of assets. In this regard, asset management companies may choose to invest in mutual funds that concentrate on a specific type of assets and require specific expertise of fund managers

may consider further extension. If the AGM 2020 agenda contains only matters for acknowledgement, asset management companies and REIT managers may choose to send out such information instead of

a mechanism for PVD to automatically choose a suitable investment policy for members who do not make a choice by themselves by taking into consideration such members’ characteristics such as age and

criteria are relatively more relaxed, and the expenses do not cause excessive burdens on the issuers. Companies capable of complying with the regulations may choose to be listed and traded on BdL or

securities businesses.  The proposed revision covers the principles and the draft Ministerial Regulation for a new licensing scheme whereby an applicant could choose to solely apply for a specific license

specifies the standard action whereby all parties suffering damage from wrongdoings of the same facts and legal issues become members of a class action automatically except for those who choose to opt out

to increase their savings and choose to invest in assets which offer higher returns, eventually leading to sufficient retirement savings. Knowledge dissemination concerning return on investment and

choose the easiest and most convenient option. Thus, often the decisions are made irrationally while several times biases are allowed to distort the decisions. Decision making usually involves with three