down to 3.7% in IMF, and finally it improved to 5%.
(2) The organization regulation in process
- After IMF, the mergers & acquisitions occurred between domestic companies.
- The Daewoo took over Ssangyong, Hyundai motor took over Kia, and Renault took over Samsung motor.
- After that, Daewoo got sold to GM and recently Ssangyong has been sold to Shanghai motor; constant restructuring.
(3) The trend in 2004
Market depression
long-term depression
high oil price
② Boom in exportation
- The total exported cars go up to 2,300,000 with the increases of 28% and the exports exceed 30 billion dollars for the first time
- continuous positive approach and efforts to export market
- improvement in quality and image of Domestic cars
- the increased trust on Korean cars
in contact with reciprocal relationships, what we call guanxi. Therefore, cultivating guanxi is required to maintain a long-term business. Without guanxi, companies will not be able to overcome problems coming from the expectations of reciprocal relationships by other business-related units.
As we look through the case of DMG inShanghai, we recognize the influence of guanxi more apparently. D
in 1994.
The first medical company in China that acquired the certificate of all Chinese related government permission.
It is a leader in a variety of fields.
There are two significant business sectors. Life Scan and Women’s healthcare.
JJMC invested a huge amount of money to R&D in China. Established center inShanghai 2001, in Beijing 2005.
Social Responsibility activities such as suppor
in 1999. Ssangyong was also building its own sales network was developed at the same time a new car. Ssangyong growing to be an amazing advancement from 15 to 1200 billion won during 50 years in 2003. But Ssangyong sold out by Shanghai motors. Since 2009, Ssangyong begin Turnaround process and have been many efforts to revive the company. This graph indicate Ssangyong’s Rise and Fall during 19
Shanghai China (中国2010年上海世界博览会)
The Shanghai World Expo is the world’s largest World's Fair site ever at 5.28 square km.
More than 190 countries and more than 50 international organizations have registered to participate in the Shanghai World Expo, the largest ever.
China expects to receive almost 100 foreign leaders and millions of people from acr
Asylum seekers:
those seeking refugee status in another country
Asylum seekers’ right to seek asylum but no obligation on states to provide it.
Internally displaced persons:
those forced to flee their homes but not crossed an international border.
Increasing # of domestic disputes.
How many are there?
Total number of refugees: 32 million
IDP: estimated 24.5 million
in 1964. In 1990, the Company turned to international markets by establishing its first overseas subsidiary in France, followed by establishing its Shanghai and Chartres plants in 2002 and 2004, respectively.
In 2010, AMOREPACIFIC's sales reached KRW 2,000,000,000,000, with operating profit of KRW 340,000,000,000 and net earnings of KRW 285,000,000,000. The Company maintains its number one pla
A. Localization strategy: Success and failure of foreign store operation is determined by how closely it could approach to their culture and language. Focused the point that Chinese E-Mart Shanghai store is right Chinese enterprise and it’s not others because it is different from theirs.
Being tried to change the naming of the job title which co-workers could see each other in the viewpoint o
Case 3. Islamic Capitalism in Turkey
1. Turkey
*‘아시아와 유럽이 공존하는 나라’ 아시아 서륙 끝에 위치한 터키는 지리학상으로 동서양의 교차로에 있어 문화가 혼재되어 있는 나라이다. 지리적 위치로 인해 터키인들의 사고방식이나 생활양식은 유럽과 아시아에 영향을 주고받아 왔다.