management resources necessary to maintain process viability. The company has to try increasing their own variety in order to better control the variety of the environment.
Variety attenuators means that we (or like in this case Yuhan-Kimberly) filter the variety of our environment, so we only recognize the things in the environment that are interesting for us and ignore the ones that are not
investors
Continental Law
Concentrated Ownership
Power focus on
internal stakeholders
Financing mostly through loans
Regulations to protect
internal stakeholders
1.Under Common Law
Long-term capital from the capital market
The market monitors the corporate governance
2.Professional Management Style
Investors own the company
Managed by hired CEOs
COSMOS®: Real-Time Package Tracking
COSMOS (Customer Operations Service Master On-line System) is a computerized package tracking system that monitors every phase of the delivery cycle at FedEx. FedEx employees constantly input information into COSMOS by several means.
Customer service representatives enter shipping information into COSMOS through computer terminals, alerting the dispatche
2) Kwak’s victory
In the election which took place on June 2nd of 2010, the only liberal candidate, Kwak No-hyun won 34.34 percent of the votes, defeating conservative Lee Won-hee by only 1.12 percent. Kwak No Hyun was a presidential advisor under the late President Roh Moo Hyun, a professor at Korea National Open University and the former secretary-general of the National Human Rights Commiss
management of patients undergoing splenectomy. Vaccination against pneumococcus, meningococcus, and H.influenza should be administered preoperatively to reduce the risk of OPSI. Ideally, this should occur more than 10 days prior to splenectomy, but if not done preoperatively, this should be performed 1 week after surgery. Single-dose perioperative antibiotics are usually given and if a patient ha
Franchising
A form of business organization based on a business arrangement between a franchisor, which supplies the product concept and the franchisee, who sells the goods or services of the franchisor in a certain geographic area
A nutritionist decides where to buy food materials and she usually looks for the cheaper ones.
Our Home [which takes care of bunch of restaurants includi
Training to be Successful
Nordstrom provides a significant amount of training for salespeople through the continuous coaching and mentoring provided to new hires, and through the ongoing support provided to staff by managers and senior sales people. Managers are taught to be servant leaders, an approach that has taken hold in many great organizations. This is best exemplified by the notion t
2) Managing external debt using sustainability indicators
External debt management involves balancing resource mobilization and deployment as well as orderly repayment of future obligations. For sustainable debt management, policy makers need to project accurate debt dynamics that are sensitive to the way the current account deficits are being financed. If borrowed resources are not used produ
management relations had in fact started the industrialization since the 1960s, and over 30 years substantial progress had been thorough. However, in such a short period of time, the political environment in Korea did not developed as much as the industry's growth. Currently the new world economic order is being reorganized. Korea, while maintaining the peace of the industry, should raise the com
Incorporated in 1871, leading company in Finland
Diversified business portfolio >> Concentration on mobile &IT
#1 telecommunication company in Europe
(+) Strong know-how in mobile phone manufacturing
(+) Wide range of mobile devices
(+) Strength in SCM
(-) Challenged by Apple& RIM
(-) Lack of distinctive
competitiveness
(-) Drop in market share
49%(2006)->45%(2008)
OS