locally in localarea.
• Own taste development – through the help of expert from every sort of fruit, they learned best taste method of every single fruit.
• Special ownership – Mr. Lee allowed his company member with passion to take ownership after teaching business know-how.
• Localmarket leader – they decided to become market leader only in localarea,
market failure can occur because of asymmetric information. Universities can spend money earned through donation in an inefficient way because it is difficult for the government and people to know how the university spends contribution and it is hard to monitor university’s behavior. It is called moral hazard. “Moral hazard is a special case of information asymmetry, a situation in which one
localmarket but being the best alcohol beverage maker through out the world.
Vision :
Jinro is currently exporting its product to 50 other countries including USA, Europe and Asia, and their aim is to expand more on their distribution. Not only focusing more on Japan which is the current main export area but putting more efforts to China hoping to make Jinro's 30% of total sales on expor
market.
10. Comparison of the strategy expanding abroad between E-Mart and Carrefour in China.
E-Mart Carrefour
Joint ratio 98:2
(aggressive investment) 55:45
(Focus on reducing investment)
Store size 3,820 Pyung
(display stand’s number of product in entrance) 1800 Pyung
Store location Subcenter of a metropolis (10M away from each other),
deficit of same facility in same area
market
In addition, it is harmful to Social welfare
(3) Final Decision
Therefore, a defendant’s activities were interrupting the negotiations of Skylife and SBS/local broadcasting.
It was also restricting the competition of Skylife and Social Operators.
There were violations of Fair Trade Law, Article 19, clause 1, number 8 and Article 26, clause 1, number 1
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