of Mobis
Module Division
Core Automotive Parts Division
Advanced Automotive Business
Auto Parts Business
Global Business
Quality Division
Purchase Division
Net Working Capital(순운전자본)
= Current Assets(유동자산) – Current Liabilities(유동부채)
Represents operating liquidity available to a business, organization
Considered a part of operating capital
Working capital/sales 7.2% 24.3% 28.7% 0.6%
Net working capital ratio 13.0% 47.5% 21.3% 0.8%
Operating exp. ratio 91.8% 73.3% 68.8% 58.2%
Figure above compares the financial performance of Inditex with its key international competitors in 2001. Taking a brief look of the figure, Inditex was the most profitable firm, measured by ROIC. Return on Invested Capital is a key measure of a company
of employee such as stock option, my home system
Local employment of 98.7% and superior compensation
Executing localization strategy that china E-Mart is just Chinese company.
D. Distribution strategy: Corresponding strategy of Shanghai E-Mart according to the limitation of entering into Chinese distribution market.
10. Comparisonof the strategy expanding abroad betw
of the good job center. This is about making centers stronger and more efficient at working by mergering. If the IL centers get unified, their financial aids will be better distributed. However, this still ignores the power of the higher organizations and if there are some conflicts, there is no wat to solve since each center has the same power.
5. Soft System Model 5 : Comparison between ‘I
comparison, franchising enables franchisee to get support from franchisor concerning operation and management, working principle and marketing. In other words, franchisor could be strongly involved in franchisee’s operation.
1. Motivation of Franchising
The first reason that The Coffee Bean chose franchising is to expand its business into the outer market quickly. Since it began expanding f
those H.R strategies and policies are established by their Headquarters, Ms. Shim is still arguing that those strategies are too idealistic methods for them. She also mentioned that theories are just looks great to them, not effective. From this opinion, we acknowledged what their problems and finally could list up with following issues.
1. Good H.R method, but not work as much as
☺ The most critical financial component ofworking capital
☺ The franchisee should seek to minimize the risk of running out of cash
☺ The franchised business must ensure that bills due (accounts receivable) are collected in a timely manner
☺ The franchise owner may develop policies and practices
☺ Another way to significantly reduce working capital requ
of about the service not only at Cabinet and their customers but also after landed service, staff training and the cooperation with other firms.
Cabinet service
SIA achieve a great work at first cabinet telephone the 'CELESTEL, free drink and Perfect headset service for customers.
Singapore Airline also downsizing the seat from 16 to 12 and they introduce a new bed-type seat in 1993. Also,
Both companies are service companies
-> meaningless to use inventory related ratios
ROE 7.32% x retention ratio 100%
=7.32%
ROE 9.8% x retention ratio 80%
=7.84%
Stock price is much Lower than past
years but recovering business performance
=>probable potential to increase
Fully recovered stock price
& worsening performance
=> Very few potential to increase
of Liquids in Capillary
This pressure difference due to the curved meniscus must be balanced by the hydrostatic pressure of the liquid column,
Experiment(Work 1)
Room temperature : 20ºC
Density of water : 1000kg / m3
Surface tension of water : 7.28X10-2N/m
Contact angle of water on the glass : 22.5º
Gravity : 9.81m/s2
R = r / cosΘ
For Comparison solution(Water)
Observation of