economic size is relatively small and trade between the two countries is only a small percentage of South Korea’s total trade (Kim,S.Y. 2003:18).
2. Process for the Korea-Chile FTA
Before the FTA, South Korea and Mongolia were the only two members of the WTO with no bilateral trade pacts. In 1998, Korea Institute for International Economic Coordination had decided to drive forward FTA to cop
markets by using local materials and focusing on local demand. It uses countries as a process factory and every working procedure in different countries which is good at something. Realize greater cost economies from experience effects by serving an expanded global market from a central location, thereby reducing the costs of value creation.
4. Is Nestle’s management structure and philosophy
2. The war on waste
Definition : This seek increased economy through attacks on fraud, waste and abuse
Method : Auditing and investigating for waste. it rest on the innovation and commitment of agencies, team
Supporting group : people who favor coordinated retrenchment (Reduced buget) like the war on waste
Finance and real economy aspect
Major economic indicator
Stock market
High debt + budget deficit
distrust of world market
PSI20 index decrease sharply
But, increase a bit b.o tight financing policy
Background of the crisis
Huge welfare expenditure
Too many public service personnel
Industrial structure focused on service
Bad effect of Euro
Ⅰ. 기업환위험관리(기업환리스크관리)
1. 비재무부문전략
외환위험은 기업경영의 모든 측면에 영향을 준다. 특히 환율변동에 의해 장기적으로 영향을 받는 현금흐름의 노출에 있어서는 재무관리자의 기능보다는 오히려 마케팅이나 생산부서를 책임지는 관리자들의 기능이 훨씬 더 중요하다. 이