of $3.8 billion, its first net loss for a year since it started reporting the result in 1963. Nissan has been on track for a $2.8 billion loss. Honda expects profit, but with operating profit down 81.1%. In third-quarter, the combined US sales of Japan’s Big 3 fell by 36% from the quarter a year ago. Worldwide recession had bad influence on whole automotive industry and Japanese companies are
1. Global management and Strategic Management
Global management is consisted of two factors globalization and localization. Of which we focused on cultural differences of localization and related it with strategic management practices.
2. Purpose and reasons of studying the two case of Samsung-Tesco & Carrefour
We believed that foreign corporations had a more developed strategic management sys
1. Introduction of POSCO
Pohang Iron & Steel Company (POSCO) was founded in 1968. PARK Tae-joon led the whole establishing process and became a first CEO of the company. It was due to the ‘special’ relationship with ex-president PARK. The money invested by the Korean government was provided by Japan and US as loans and grants. Compensation payment for colonial rule damages of Japan also inv
of Chevys saloon in Mexico CityThe second generation Opel Corsa was first introduced in Mexico in 1994 imported from Spain as a response to the successful Volkswagen Sedán, under the name "Chevrolet Chevy". General Motors used a practical, supermini with an affordable price tag for the Mexican consumer that gave excellent results. From 1996, when the Chevy Popular, or Chevy Pop Budget trim
The U.S. sub-prime financial crisis of 2008 was caused by sharp house price increases in 2006 called “housing bubbles.” This not only caused overvaluation of house prices but also excessive borrowing. Fannie Mae and Freddie Mac, two government agencies who created the secondary market for mortgage-backed securities, bought and held conforming mortgages and turned a similar amount of home loan