turnover which are closely related to management from Herb Kelleher’s leadership.
- Low Turnover
SWA has one of the lowest turnover rates in the airline industry, approximately 4.5 percent per year. Southwest people love working in an environment that encourages them to be themselves.
- High Customer Service Ratings
Based on baggage handling, on-time performance, and customer complaint stat
sales, on average, that represents profit. SK Energy’s profit margin in 2008 is 1.94%.
6) Fixed Asset Turnover Ratio
Fixed asset turnover ratio measures operating efficiency comparing sales volume with a company’s investment in fixed assets. SK Energy’s fixed asset turnover ratio is 2.39. In 2008, SK Energy was able to generate 2,390 won in revenue for each 1,000 won invested in asset.
Each channel member is doing.. 3
Retailer :Reasonably priced items
Maximizing turnover
What are the results of ZARA’s Retailing strategy?
Highly centralized control
Maximizing turnover
High net profit margin
Less spend on advertising
To improve ZARA in Korea
Do local marketing strategy
-> Produce Euro standard + Asian figure
Intro
1. INTRODUCING THE CORPORATION
SAMSUNG
Founded in 1969, The representative firm of the Samsung group.
It achieved fast growth in the global market with Samsung Galaxy series
The HQ is located in Suwon, Korea.
The annual turnover is around US$148,944 billion
APPLE
Founded in 1976 by Steve Jobs, Steve Wozniak.
They achieve success in the smart phone market with the ‘i-Phone’
-One of the largest transportation company
-Delivery service provided within 24~48 hours
-Door-to-door service
No Temporary Worker
680 employees in FedEx Korea are all regular workers
Employees in management and those at the front line are treated equally
FedEx Korea employee turnover rate: 3%
Other companies’ employee turnover rate: 13%
Open Door Policy
Deal with comp
NIKE
1972. Started in America
“If you have a body, you are an athlete.”
Top global sports brand
160 countries / 33,000 employees
1986. started NIKE KOREA
Equity Multiplier = 2.3
Profit Margin = 7.69%
Total Asset Turnover = 0.76
ROE = Equity Multiplier × Profit Margin × Total Asset Turnover
= 2.3 × 7.69% × 0.76 = 13.51%
E = # of outstanding sh
d. If available, find the industry ratio for the most recent year, compare it to your results, and discuss why you believe your company differs or is similar to the industry ratio.
The Restaurant industry ratio for the most recent year is 20.7. Although McDonald’s receivable turnover ratio is decreasing in 2009 but is still above the industry average. This means that, in 2009, average collecti
Turnover를 통해 활동성을 보자. 총자산을 통한 매출의 증가는 2001년에서 2002년에는 0.04정도 개선되어 크게 변하지 않았고 2003년에는 보다 높은 수준으로 개선되었다. 재고자산 회전율의 증가폭이 큰 것으로 보아 총자산 중 특히 재고자산의 활동성 개선이 두드러짐을 알 수 있다. 마지막으로 Leverage를 통
1. Introduction of The Company
- Since 1982, 한촌설렁탕 provides a 설렁탕 and 화로갈비
- 한촌설렁탕 changed traditional store to modern store by CEO of 한촌설렁탕, 정보연.
There are 23 stores in Korea and 1 store in each New-York and Beijing
2. The Reason of Implementation
How do we increase a turnover, decrease a lead time and cost?
Very Long time is ne