minimum 30 to maximum 50 percent of discount on their consumption.
Korea, Japan, and U.S.’ distribution industry weight on their GDP
Korea (2003) Japan (2001) U.S. (2002)
9.0% 14.0% 13.2%
The Dynamics of Korean retail industry
2.2 Industry Outlook
Next point that we are going to look over is industry’s outlook. According to
customers have comparatively high brand loyalty though it requires low no switching costs for customers. Recently, government tries to legislate a law to give subsidy to this industry. In conclusion, we can say that threat of new entrants is comparatively high.
iv. Substitutes (Threat of Substitute - high)
In this industry, Brand loyalty of customers is considerably high as people don’t c
minimum efficient scale is prohibitive. An automotive manufacturing facility is specialized, and in case of failure, it could not be retooled easily. Although the entry barriers to new companies are substantial, it is not as much as difficult for established companies to enter new markets through strategic partnerships or mergers.
China extended its lead over the U.S. as the world’s largest a
3. GATT의 다자간 무역협상
- 1차 제네바 라운드~ 5차 딜론 라운드 : 2국간에 쌍무적으로 주요 품목 중심의 관세인하 교섭 ※ 이를 통해 결정된 관세율은 전 가맹국에 무차별 적용
- 제6차 케네디 라운드 : 새로운 교섭방식인 <선형삭감 방식>채택과 평균 35% 관세인하
- 제7차 도쿄 라운드 : 33%의 관세
Ⅰ. Introduction
1) Location
Russia is located in the north Eurasia continent (Far East Asia ~ Europe). Russia is the largest country in the world which is about 1/8 of the world’s land area. Because of this huge territory, there is an 11-hour time difference between East and West.
2) Climate
The huge territory of Russia also makes a various climate zone. Basically, Russia has continental