< Kwangjong’s reform >
- Slave Investiture Act
→ deprived manpower of private military forces
- Government service examination system
→ asserted the dynasty’s right to regulate recruitment procedures
PD/NO Matrix
National organizations (NOs)
▽
financial, legal and administrative matters
Product division(PDs)
▽
development, production and global distribution
The postwar economy of South Korea was once regarded as one of the most successful cases of “shared growth”
Korea managed to provide for relatively higher growth rates and lower Gini coefficients than other regional economies from the early 1980s to the mid 1990s
After 1997 financial crisis, Korea has failed to restore the high level of social equality upheld during previous decades
From midterm presentation, consumer's needs to luxury items is high quality, brand user image, image making, superiority, desire of ostentation, trend, brand loyalty, background.
The following is a few examples method of foreign fashion luxury brand to meet consumer's needs.
❶ high quality
Left side, 69E means that producer
Right side, L in the rectangle mean that year
❶High quality
▶Do not skimp on the use of money because this work is very important to Hermes. Of course, These costs increase the price of the bag. Hermes bags are no assembly lines and one of the artisan creates it. The artisan's name is engraved on top of the bag. Later, when a repair request comes artisan made the bag should be repaired. Such as lifetime responsibility system.