Introduction
Traditional approach
: an airport directly faces the demand of final consumers (passengers and shippers), thus by-passing airlines operating at the airport.
Applying Modern
the method to investigate vertical structure Of airport, airlines(downstream firms) and customers
Objective of this paper
to investigate how the market structure of down Stream carriers
would affec
1. The purpose of the project
When 20-30’s have a smart brain and a healthy body, We have actively engaged in economic activity remains surplus funds to efficiently manage and grow old in the future, and do not have the power, or when you are thinking of injustice that the purpose of preparing in advance, the stock has been promoting the project.
The project's progress is a how-to by tourin
Labor
▫ Autocracy for 53 years
- colony for 340 years
- Autocracy by president Sukarno and Suharto since
independence on 1945
▫ Democratization
- big progress on1998 by Suharto
- Elected Yudhoyono in 2004
- Highly Supportive by citizen
▫ Carry forward Economic Reform.
-Improve invest environment
-Simplify foreign investment process
lambda: (1)source of revenues (2)manufacturing facilities (3)use of risk management products. We choose to use the first one; source of revenue.
Samsung SDI is a Korea company but we use risk free rate and risk premium as US T-bond, so we must adjust cost of equity by using country risk premium.
⑤ Three ways about estimating Ke
(1)Ke = Rf + β*MRP + CRP
(2)Ke = Rf + β*(MRP + CRP)
I. Environment Analysis
Introduction
Lately, South Korea's cosmetic companies are actively entering Japanese market. In particular, low-priced brand companies entering are remarkable. Continuing the long-term recession, Japanese consumers find inexpensive cosmetics. Through this period, cosmetics of South Korea draw popular through low price and good quality. Celebrity publicity is also inf