asa result of tight credit conditions, reduced economic growth and a weak housing market.
The cash to flow assets, this is, the ratio that measures the liquidity of a bank was relatively low before the crisis, with percentages below one. During and after the crisis the ratio increased abruptly because additional liquidity was injected to the banking system in order to stimulate the economic sit
requirements, should this be viewed as necessary. In particular, the range of possible measures includes an approach by the Committee of European Banking Supervisors (CEBS) to use the Pillar 2 process to adjust for the compression of probability of default (PD) estimates in internal ratings-based (IRB) capital requirements during benign credit conditions by using the PD estimates for a bank’s p
conditions, this tripartite system needs to operate effectively 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.
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 change their cosmetics or skin caring shops frequently. As
as the ‘hof’ in Korea, so they have no characteristics. Therefore, we could devise this business in terms of new rising customer’s demands in the related industries and customer’s utility and our specialization.
b. Competitive analysis
One of the most key rivals is the baseball parks in Korea, It’s because they really offer the exactly same products as we offer. In the face of pricing