growth was reduced and regaining from lowest in 2003, while the Jinro's average growth rate of -0.36% recorded but risen recently, and be re-entered the declining trend again. If the sales are lower than average that means the company does not have dominant power over the market.
Growth of assets
The growth of assets in Jinro is -6.96%, lower than the food average which is 2.66%. the low-g
the world and the number is expected to grow steadily in the near future. European LCCs have been growing at 6% annually since 2002 and the market share reached 35% in 2008. The situation in U.S is better – maintaining 26% growth rate since 2002. The demand for LCCs is also high in Asia. The demand has increased by 9% annually and now takes up more than 33% of the market share since 2008.
growth. Therefore, the vision of Amazon is to build “an online retailer that is customer-friendly, and offer the broadest possible selection of various products at low price.”
Strategic role of Jeff Bezos
Founder of Amazon, Jeff Bezos played a significant role implementing strategy, representing his company and publicizing Amazon. He flies around the world, encourages employees, and find
Difference with Solow model
In the case of Germany, before the World War it was being reached steady state.
According to the solow model,
the more it reached steady state, the slower the capital growth is,
so it shows low economic growth rate after the World war.
However after the war, as the accumulated capital was destroyed, capital stock was out of steady state and it grew fas
Low carbon green growth” policy to participate in trend of reducing emission of carbon dioxide.
2) Rising oil price
In July, 2008, Dubai oil prices exceeded $130. High demand from China and India caused the soaring of oil prices which had been stable for 20 years’ after the ‘Oil shock’ to that led to unstable condition in oil prices owing to imbalance in oil supply.
Source: Korea