Executive Summary
Cartel, a syndicate or trust of firms which is created to generate unfair profits, harms the consumers by increasing prices and decreasing outputs which eventually lead to inefficiency of the whole market. Leniency program is one which makes cartel broken by using ‘whistle blowers’. We choose the one example of Leniency program case “Imposing penalty to LPG firms in Kor
To prevent a cartel harming consumer’s benefit,
lots of Governments adopted the Leniency program
1) Definition
a syndicate or trust of firms,
created to generate unfair profits
2) Bad influence of cartel
1)By increasing prices,
and 2)decreasing outputs
Cartel harms consumer’s benefit
History of the Leniency Program
Since the adoption of the U.S.
of the Leniency Pro
Namely as, ‘timely rain for employees’, ‘바른마음 management’, ‘바른마음 Reflection /고객기쁨 Creation and ‘Elucidation of corporate Excellency’.
Such expressive terms specified on BSC will be conveyed as the extension of the corporate philosophy, ‘세상의 꿈을 담다’ and the corporate mission, 'Global LOHAS’ to the entities related to the firm.
Ⅰ. Introduction
1. Why we chose SKT FMI(Future Management Institute)?
Recently, many corporations have established training or educational institutes. Many programs are carried out in many training institutes. The examples are outdoor activities, CSR(Corporate Social Responsibility) education, understanding the history of corporation, the core value of corporation and so on.
It is because