and to maximize the ability to highlight key issues. Therefore, the competitiveness of labor-management relations in the future and the value of social integration should be achieved at the same time. In an open market economy future industrial relations changes in Korea is required within the current polarization in Korean society. This also requires strategies for overcoming conflict.
valuation of industrial factors)
Due to above three factors - Korean’s entire industries growth, the steel product’s price increase, China market penetration acceleration - Korean steel industry will be prospected continuously to growth and develop. So, right now, it’s a good chance for investment of steel industry related companies.
3) Firm Specific Factors
(1) The expanding of S
20th century as the black rush (oil), the 21st century will be the blue rush (water). The size of the water market is estimated to be a few hundred trillion won worldwide, and countries are rushing to develop water-related industries to compete globally. Companies that have capitalized on the value of water at an earlier stage are already enjoying trillions in sales and are growing more rapidly.
value its people. There is a growing belief that a company’s human resources is the most important source of competitive advantage. Human resources or the company’s people are one source of sustainable competitive advantage. In a fast-changing environment where technological innovations and other strategies can be copied, it is human resources that can make a significant change.
Marketing
relatively low cost by outsourcing. Since distribution channel is not directly related to product quality, Nokia could gain competitiveness by outsourcing or having alliances with local corporations.
2.2.4 MARKETING AND SALES
Building ‘Brand’
Brand consulting company called Interbrand which evaluated Nokia’s brand value as 8th in the world in 2010. In fact, it had been ranked in to