1. Introduction.
1.1 Research Background
- Effect of Economic recession on consumer
These days, college students are suffering from economic difficulty due to the recent recession. Their biggest interest is in 'money'. This phenomenon has been caused by the global recession which led also to the domestic depression which is still ongoing. We could see this more clearly in a famous part
1. Industry Analysis
1-1. US market environment
Because of economic recession, depression is anticipated for a while. In last summer, two big retail companies are bankrupted. One was Mervyns which is big retailing company of west US especially focus on California. The other one was Boscov’s which has 49 stores in south east US (Pennsylvania, Maryland, New Jersey and Virginia). This bankr
I. Introduction
1. Problem proposal and Current condition
Due to financial crisis from the America, the world economy is falling into the recession. 3 in the American TOP 5 investment banks disappeared such as Merrill Lynch, Lehman Brothers. And world-wide global enterprises like GM, Chrysler go into bankruptcy. In this situation the financial crisis spreading with actual object economy
Executive Summary
Recession in the US automotive market and Hyundai’s Success
The Financial Crisis that first initiated in the United States has undoubtedly struck the American automotive market. General Motors (GM), Chrysler and Ford who are namely, ‘the big three’ reported approximately 50% of sharp fall in sales in January 2009 . GM and Chrysler were affected the most and are curre
recessions are followed by strong recoveries as pent-up demand reasserts itself. In the recent recession GDP shrank by 3.8%, the worst drop since the second world war. In the recovery the economy might therefore be expected to grow by 6-8% and unemployment to fall steadily, as happened after two earlier recessions of comparable depth, in 1973-75 and 1981-82.
자산들의 가치하락의 경
일반적으로 경기변동의 국면은 확장(expansion), 침체(recession), 수축(contraction), 그리고 회복(revival)의 네 기간으로 구분된다. 슘페터는 경제상황이 정상적인 수준을 정상(normal) 또는 균형(equilibrium)상태로 보고, 경기를 정상수준 이상(above-normal)과 정상수준 이하(below-normal)로 구분했다. 그는 정상수준 이상
1. Hyundai Motor Company
In 1999, Hyundai Motors merged KIA motors. After that, it was almost oligopoly of Hyundai Motors in Korean car market . But the recession of Korean economy, the sales of domestic market was so unstable that Hyundai had to find new ways for 'Cash Cow'.
(10,000cars)
recession. As newly frugal American consumers have traded down, its sales have soared, increasing its profits to $83m in the second quarter, compared with just $5.9m in the same period a year earlier. Other retailers have been shutting stores, but Dollar General plans to add 500 new ones to its existing 8,577 this year.
값싼 제품들을 판매하는Dollar General 이라는 회사는 현재의
recession), 수축(contraction), 그리고 회복(revival)의 네 기간으로 구분된다. 경기변동 분석을 체계적으로 발전시킨 미첼(Wesley Mitchell)은 경기의 저점에서 정점에 이르는 기간을 확장 또는 상승국면으로, 정점에서 저점에 이르는 기간을 수축 또는 하강국면으로 구분했다. 정점에서 저점에 이르는 하강 국면은