Competition
Government Regulations
Anti-smoking Movement
Problems
Failure in Targeting Youth
Loss of Brand Image
Org. & Governance Problem
Government Regulations
Marketing restrictions
Increasing non smoking zones
High taxation
Org. & Governance Problem
Internal corruption due to high pressure in sales figures
Ownership conflicts raised by foreign investors
Foreigners who invest in a country then own the facilities; the investor by virtue of its ownership can control decisions about how many people to employ, whether to expand or shut down, what products to make, and how to market them. Also, the foreign investor can usually take the profits from the operation out of the country(repatriation of profits). However, the host government can share in the
ownership.
☞ ‘free-ride’
Because of that, individual shareholders will not have enough incentive to monitor the hired managers like state-owned enterprises.
☞ ‘soft budget constraint’
Private firms can also expect subsidies or even government bail-outs.
When we are out to make a buck and
believe in the state when we are about
to lose a buck.
From foreign
3. 브랜드 파워 (Brandpower)
많은 사람들이 스키리조트 하면 대부분 ‘무주’를 먼저 떠올린다. 무주리조트가 그만큼 유명하고 신뢰를 얻었으며, 그만큼 많은 사람들이 이용하고 있다는 증거이다. 이러한 브랜드 파워를 지녔기 때문에 큰 노력을 기울이지 않아도 관광객이 먼저 무주리조트를 찾게 된다.
It is difficult to really experience or "feel" the size of the United States, even when you know the actual number of miles from coast to coast.
당신이 해안에서 해안까지의 실제 거리를 안다고 할지라도 미국의 크기를 경험하거나 느끼는 것은 정말 어렵다.
To get the full impact you should realize, for example, that it takes forty-eight hours (two entire