themarket.
조작 : 시장을 장악하기 위해 가격을 낮춤으로써 카르텔(기업연합)의 협정을 어기는 것
55. Circular flow of income : The idea that the expenditures of one group are income for other groups. The income is then spent to create income for still other groups.
수입의 순환 : 한 그룹의 지출은 다른 그룹의 수입이 된다는 개념. 소득
the interest on a loan result in 20% increase of the house price.
Failure to control bubble by a tight-money policy
While liquidity increase through a cheap money policy contributed to growth of housing industry, increase of sub-prime admission rate with growth of housing industry worked as obstacle that blunted function to control themarket by monetary policy.
Failure to extinguish early H
the beginning stage, it doesn’t have enough capital to use ad. There is just ad by people’s mouth. But that becomes unique starbucks advertisement. Then they secure a capital of ad. As a result, starbucks can invest the money to develop their own company like educating employee, expanding facility. Starbucks believe satisfied employees to make satisfied customers. So it thinks employees impor
protection for injury and helping to improve blood circulation system.
Low Popularity of Underclothes
Here comes a problem—although underclothes offer a number of benefits and owns two evident merits- keeping warm and saving energy, the sales of underclothes is not so satisfying. So we need to see another point of the consumer market. According to the interview and questionnair
capital turnover, and thereby, higher ROIC. On the other hand, Inditex which sticks to vertical integration needs its own production plants and such need is reflected in the higher costs for physical assets: 37.8%. Higher level of PPE/sales ratio puts downward pressure on capital turnover, thus, ROIC, but thanks to active use of IT and just-in-time inventory system, Inditex has a distinctive comp