1. With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency?
GAP H&M Benetton Inditex
ROIC -0.15% 24.16% 11.20% 27.24%
Return on sales -0.06% 9.60% 7.05% 10.46%
COGS/sales 7
1.1 Which Foreign Markets?
Political factors
Economic factors
We learned it already!
All right then let's begin with which foreign markets to enter. Actually we learned many of this parts in this class. Do you guys remember economic and political factors that influence the attractiveness of a foreign markets? No one? You can speak in korean. All right then I will let you know. Please li
① Contraction with “not”
(3) a. He shouldn’t see her.
b. *He worksn’t with her
→ Main verbs cannot contract with not.
(4) a. He may not come.
b. *He mayn’t come.
c. We shan’t be very long.
d. We won’t be very long.
→ May cannot contract with not.
Shan’t exists only in British English.
② Subject-aux inversion in yes/no questions &
tag questions
Natural Resource Issue
Estimated Oil Reserve :
183 billion barrels of oil(Bbbl) for the entire East China Sea.
(216 Times of S.K’s 2010 consumption)
(Total imported Oil of S.K 2010: 0.8Bbbl)
(Iraq’s current total Reserve: 115Bbbl )
The Boarder of EEZ line is still controversial and China and Japan can NEVER give up
중략
Sino-Japanese relations have been
- Negotiation: (definition)
Negotiation is a process where two parties with differences which they need to resolve are trying to reach agreement through exploring for options and exchanging offers- and an agreement.
Firstly, negotiation is a process-a sequence of activities, perhaps with an underlying pattern. Secondly, we need two parties for a negotiation. Thirdly there must be differences. T