Q. What is the local government innovation
Local administration innovation can be defined as settling a administration practice that never existed before in local administration successfully and represent the overall activity of introducing new administration practice.
That is to say organizational culture, system, work process, group composition, management technique etc.
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2. Strategical changes due to privatization
According to miles and snow's corporate strategy analysis, KT&G is undertaking the Analyzer approach. In order to satisfy the taste of various customers' needs, KT&G is pouring immense asset into R&D, and it also adopted the brand manager to adapt itself into the changing environment. Considering the fact that KT&G was closer to defender approach i
II. What Are Credit Derivatives?
Derivatives are defined as the exchange or contract which has economic values deriving from the reference assets or index. According to their types, there are overall forward, future, option, and swap. Derivatives are the financial derivatives, which are enabled to trade in the market while consisting of separating the credit risk only to the holder of basic p
E-commerce Issues
RCCL operates Web sites with customer booking capabilities for both Royal Caribbean and Celebrity Cruises. The two Web sites allow customers to experience what a RCCL cruise would be like, including a virtual tour of the various ships. RCCL is using the latest information technology software to manage its operations. Theses software packages enable the company to optimize decis
Part 1 - 2. THE PROCESS OF INNOVATION OF CJ
Part 1 - 2 - 1. The reason why Jeil-jedang separate from Samsung
The most important reason Jeil-jedang separated the company from Samsung in 1993 was related to Korean government’s policy at that time. Past president Kim Young-sam carried out policy, in which prominent conglomerates should focus on two or three fields of their business. By doing t
Regulation of IT Risk
In order to regulate the IT risk, governments work to address threat to computer crime. For example, representatives of 29 countries - including Canada, Japan and the U.S. – signed the Council of Europe Cybercrime convention in 2001. The convention deals with substantive and procedural cybercrime law. The substantive defines the following activities as crimina
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financial ability, similar to leverage
ex) debt ratio, current ratio, reserve ratio, etc.
Activeness : Company’s efficiency of specific assets’ operation
ex) total asset turnover ratio, receivable turnover ratio, etc.
- Value : Company’s value, divided into stock index and value index
- Stock Index ex) net profit per stock, net capital per stock, etc.
- Value Index ex) Pr