management
currency and interest rate movements
frequent commodity price fluctuations
The debt crises of the early 1980’s
oil price hikes leading to a surge in the import bill of non-oil producing countries, a global recession eroding export earnings, rising interest rates and the appreciation of the United States dollar, adding to the burden of repayment on dollar loans
accentuated by
management theory to recognize which model to use between classical and behavioral model. But it was clear to them. They must have created bounded rationality and found that they are now in behavioral decision model. They were in a situation where unstructured problem, not clearly defined, uncertain environment, and incomplete information were rampant.
In fourth step, they finally implemented t
managers to take accountability for decisions and policies was crucial problem. Furthermore, French manager’s understanding of human resource issues was poor. These problems caused some antagonism between employer and employee.
Logic of honor was another factor that had to be considered. The logic of honor is very strong in France. For example, it would be degrading to be ‘in the service of
earning about 905 billion won per year.
It is also very important to mention a little bit about the founder of the company, Mr. Yu II-Han who devoted most of his lifetime managing the company. It was during 1920s that he decided to establish a medicine/health care company because he saw the reality of Korea where so many people were dying just because there were not enough medical/health care
managing cost and price to generate more profit from total sales.
Kia Hyundai
Accounting Term 64th 65th 66th 40th 41th 42th
PMR 0.575% 3.382 31.587 28.130% 20.304 42.462
Table 4.3 Profit Margin Ratio(PMR)
(5) Market Value
The Price-Earning Ratio(PER) is the ratio that shows the value of stock compared to the profit a certain company earns. The PER of Hyundai is 15.61 and that of Kia is