2. Solomon Bank as The Best Savings Bank
Solomon domestic savings bank was No.1 in the industry in asset size as of December 2005. At the end of 2007, with Pusan and Honan, Gyeonggi savings banks, total assets of Solomon savings bank reached nearly 5 trillion won level, grown into a huge savings banks. Solomon savings bank is the industry leader as Assets / receives / loan in all areas. Based on
History
1970’s Established Korean –Iran Petroleum Co., Ltd, a joint venture
between Ssangyong Cement Industrial and NIOC
1980’s Changed the company name to Ssangyong Oil refining .
Began operation of the 1st atmospheric distillation unit
Began commercial operation of the gasoline manufacuring
1990’s Began o
of STX Pan Ocean - BumYang Shipping Company was founded, focusing on Marine Transportation. During 90’s the company developed a lot providing shipping and container services. In 2004, the company changed its name as ‘STX Pan Ocean’, and the following year, 14 July 2005, the company listed the stocks in Singapore in firstly as a Korean company. Also it listed Korea ExXchange Security Stocks
I. Introduction
1. Luxury Market
In 2008, the Korean economy was greatly affected from the financial crisis of USA. As exports decreased and foreign trades deteriorated, corporation investments and productions decreased which led to downsizing. Furthermore, this led to lack of demand which deteriorated markets. This finally led to sales decrease which crumbled down companies leading to decrea
About LG CNS
Year of Foundation: 1987- Sales: USD 1.9 Billion (as of 2006)- Ordinary Income : 127,496 (as of 2006)
Global Presence: 7 subsidiaries and 1 Joint venture in Asia, Europe, and America- Number of employees: around 7,300-outstanding annual growth rate ( 30% on average)
-TOP ofKorean SI market (2008’)
Company History
In 1987, started off as STM (System Technology Mana
GE’s Talent Machine Q1
How effective are GE’s human resource policies and practices? What are the distinctive characteristics of GE’s HR policies and practices?
Evaluate the overall GE’s HR policies and practices?
GE consistently regarded as
one of the world's most-admired companies
Business Week has said,"the most talent-rich management bench in the world."
G
Profile & History
Company : CJ entertainment
CEO : Lee Gang-bok
Business propensity : The core of strategy is stable growth
Vision : Asia’s most valued Entertainment Group
Set up Business portfolio
Production ofKorean movies
Alliance with major movie production company
Distribution of DreamWorks’ movies
Opening of CJ CGV
Enhance Vertical integration
Major distrib
Similar Kind of Crisis in Overseas : S&L Crisis
Savings and loan crisis : similar crisis ofKorean savings bank crisis
Originally non-for-profit organizations,
built to help working-class purchase
homes
S&L organizations grew rapidly,
as the generation of baby boomers
started purchasing houses
S&L banks asked Congress to remove restrictions of their business i
of 13.5% (1981)
plunged to 3.2%(1983)
Therefore, steep increase of interest rate put people
with housing loan unable to redeem their loan
US government prosecuted 1800 executives ofbankrupted S&Ls
Government also enacted ‘Financial Institution Reform, Recovery and Enforcement Act’ to persecute moral hazard
Strong attitude of the administration convinced tax
By this, Midan strengthen its products power in 4P analysis.
Even if Yedaham makes various menu, additional cost of this menu have to be solve.
Coupon system, discount for quantify buying, weekday discount strategies seem very useful
However free delivery service strategy makes doubt
-> Under the korea employment act, minimum wage paid for part time delivery worker is 4110 won.