Debt ratio increase / Current ratio decrease
Frequently used method for “window dressing settlement”
On average companies’ A/R turnover ratios close to the industry average of 20.7
Trend of decreasing as year passes
Chipotle Mexican Grill’s (CMG) A/R turnover ratio continually increasing:10~20times higher than industry average.
CMG’s current asset’s 42% and total asset’s
1.About Hyundai Mobis
Founded in 1977 -> World’s top container producer
Financial Crisis in the late 1990s -> Redesigned itself to auto parts specialist
In 2000 -> Renamed as Mobis and became the biggest automobile parts company in Korea
In 2009 -> Joined with Hyundai Autonet
Mobis’s Vision
“Becoming a Global Top 5 in the automotive parts industry.”
There are four research areas
1. Introduction
In 1999, the euro was introduced with the interests and expectations of the people around the world. Euro gave a many economic, social benefits to euro using countries as expected . With Euro's social, economic, status rising, many countries wanted to join the eurozone. Euro using countries had risen to 17 countries from 12 countries in 14 years. But high euro’s status began t
Overall condition of non-Eurozone
Many people think Europe debt crisis raised only by Eurozone countries.
Hungary is not included country as Eurozone. But early 2012, Hungary faced a crisis.
Czech had high economy stability throughout Europe but now the value of money has declined.
Non-Eurozone countries are also getting hard times.
The countries wanting to join Eurozone are of two minds
1. Global management and Strategic Management
Global management is consisted of two factors globalization and localization. Of which we focused on cultural differences of localization and related it with strategic management practices.
2. Purpose and reasons of studying the two case of Samsung-Tesco & Carrefour
We believed that foreign corporations had a more developed strategic management sys