WoongJin has kept fair and transparent management as the No. 1 rule ofmanagement principles since the early days of establishment. When it comes to transparent management, most of people only think oftransparency in accounting, but WoongJin has complied with ethical management not only in accounting but also in purchasing, human resources and all other business activities.
Lack of coachi
of their income. And more contributions can charge that is called VSA(Voluntary Saving Accounts) if they want.
2. Private management about pension assets(AFP)
AFP is private company established for management ICA and property investments. Subscribers can choose AFP freely and move to other AFP accounts. AFP is fully restricted by SAFP(Superintendency of Pension Administrators).
The
of CEO’s management is guaranteed. Therefore, LGE can be managed effectively. The management can be transparent in that the ailing affiliates can be liquidated easily and people can recognize major shareholders well. Trading stocks also becomes much easier.
While changing the structure of company, LGE also tries to reduce the head office’s size to innovate. They disbanded many teams, includi
of brands with some personality. Then the second point is transparency triumph, which counts consumers are benefiting from almost total and utter transparency, as a result of the torrent of readily available reviews, leaks and ratings.
For this report, we started off with defining the concept of flawsome marketing as well as focusing on changes in companies’ risk management system. Then we con
of financial resources and budget enforcement system is not suitable for the functional item by line item budget system is in the wake of.
Line item budget system is highly adaptable regulatory authorities in terms of budget management and performance management in terms of efficient management of the Business Sector and the problem is difficult to follow. To solve this problem, linked to perf