I. Abstract: Level of analysis: Nongshim Foods in China
II. General Information on Nongshim
A. Nongshim the Company
Nongshim Foods is a food manufacturer specializing in instant noodle and snacks in Korea, established in 1963. It also produces and sells beverage, bottled water, instant rice, microwavable or ready to-boil foods. It imports and distributes worldwide famous food brands such as
History ofCHINA
Communist party ofChina set up a government in 1949
October 1st in mainland.
China can not be a unified nation.
"The People's Republic ofChina.“(마오쩌둥) 중화인민공화국 = 중국
'The Republic ofChina.‘(장제스) =중화민국
Economy ofCHINAChina has the world's second-largest economy
But China's 2011 nominal GDP per capita of US$5,184
Hong Kong
Overview
16-
H.K used to small fishing village where 7000 people lived in China. Since the Opium War has finished in a victory for U.K. And then H.K became famous city in the world as a colony. After that H.K has been made a trading country for extension to east asia by U.K. At first they focused on labor intensive industry and continuously increased rate of the export labor i
Introduction
China is one of most powerful country in the world and already be ranked as G2 with the United States. After building a market economy, China become the superpower country. So, to Korea, China is very important country for business and trade. Now, After 20 years the establishment of diplomatic relations between Korea and China, How do we performed business in China for success in
of global growth is started in 2000s, relative recently. (※Like recent merge of ‘Times’)
In 2000s.-starting global growth
Lotte Shopping has started global business in 2000s.
It was relative recently, showing global business outcomes.
In 2007- Open Lotte department in Russia.
In 2008- Open Lotte Mart in Vietnam and Open department in China
Why Lotte shopping should invest