GlobalImbalances :
The globalimbalances refers to the large current account deficits of developed economies such as the United States and the large surpluses of developing economies such as China and oil rich economies of the Middle East and Russia.
Causes of the GlobalImbalances :
- Events in the United States : Saving-Investment Imbalances
- Events Outside the US :
Inadequate In
period is to introduce the free market system and to allow its economy to be operated by the market forces. In addition, China has been promoting foreign investments in China and international trade with other countries. As a result of innovative changes in its system, Chinese economy has rapidly grown over the past several decades, and it has become the most important issue in global business.
Global Research Centers are developing a broad technology portfolio to help customers and society meet a range of energy and environmental challenges.
One example can be found in the area of water use and purification, where GE scientists are investigating new membrane materials and innovative advanced separation technologies. These allow for further treatment and better performance of on-site
Imbalance of Strategy and Organizations Structure
Current structure is not suitable for KT’s strategy. In telecommunication industry, there are three major companies. They are SKT, LG U+, and KT.
Until recently, these three companies fought each other, because of the government’s regulation.
KT wanted to be the top of their mobile telecommunication industry, so they chose differentia
I. Introduction: Corporation KT
KT was founded in 1981. after 1997, they reorganized their business structure from wire telephone centered structure to telecommunications and internet centered structure, and they expanded the telecommunications business. In 2002, they concentrated to construct high-speed internet. KT has building global network.
KT was the best telecommunication company in Kor