Value
If you are the fastest person in this world, you'll win the race. But only under the circumstances you know where to go. To companies, direction indicators are mission statement, vision, values and speed indicator is corporative culture. Followed are nautical charts for the company our team chose to observe, Samsung-Tesco Home Plus.
mission statement "To create increasing value for
thinking that allows the development of principles, or tools, that can be used to study complex social issues.
경제 이론은 복잡한 사회적인 이슈를 연구하기 위해 사용될 수 있는 법칙이나 수단의 발전을 인정하는 추상적인 사고방식입니다.
6. The self-interest hypothesis is a very basic assumption of economic theory. Although Economists recognize that
System
Nike Korea operates under a shared-goal system. The company establishes one big-picture goal. Once the company’s goal is established, the planning department maps out the directions and strategies for reaching this goal. Each department, then, set its goals to be contingent with the company’s big-picture goal.
Nike Korea implements a decentralized system, granting autonomy to it
Synonyms: assumptions, cultural values, general principles, presuppositions, widely held values, unstated premises, commonly accepted beliefs, generally accepted truths, appeals to human motives
B. Value warrant
Claim: Business profits are adversely affected by environmental protection laws.
Support: Obeying environmental protection laws that call for clean air, for example, costs
Profitability
Return on Asset (ROA) is (Net Income + Interest Expense(net of tex) ÷ Average Total Assets. This
ratio tells how much net income is earned by a unit of assets. Higher ratio means net income
earned by one unit of assets is large. Next, Return on Equity (ROE) is Net Income ÷ Average Total
Stockholders’ Equity. This ratio tells how much net income is earned by a unit