Company : KoreanAir
1) Summary of KoreanAirKoreanAirwas established in 1962 and have been represented leading airline company in Korea. This company's parent company is 'GROUP HANJIN' and has a subsidiary company 'Jin Air'. Company's vision is 'To be a Respected Leader in the World Airline Community' and company's mission is 'Excellence in Flight'.
KoreanAir's business field consist
KoreanAir has the philosophy which does not simply require understanding. It is to aim at forming familial community. This can be formed by focusing on the trust between capital and labor, which brings them to help and rely on each others like a family. The familial community idea does not only help them to overcome the difficulties but it also gives them the motive power. Another HR system’s
was impaired, so it’s hard for us to valuate that company. That’s why we selected KoreanAir to analyze.
1. Business Strategy Analysis
KoreanAir’s Vision is to be a Respected Leader in the World Airline Community, and mission is Excellence in Flight that includes operational Excellence, service Excellence, and innovative Excellence.
KoreanAir established on March 1, 1969. Their main
KoreanAir's operating performance of 2008, income statement from year 2006 to 2008 were compared.
Prior to analyzing the company's sales revenue, world airline industry experienced loss of $50 billion per year. It was due to the reduced demand from high oil price which had continued to the first half of 2008 and from economic recession which began from the second half of 2008. South Korea, co
Koreans to cut loose from the rather stiff constraints of their hierarchical Confucian culture and a few drinks and a singalong are a big part of modern Korean social life.
Alcohol was first introduced to Korea from China and ancient Korean texts tell of a King who uses alcohol to seduce and impregnate a female courtier. The historic drink of choice was ‘soju’ a rough rice wine with a fearso