industrialization since the 1960s, and over 30 years substantial progress had been thorough. However, in such a short period of time, the political environment in Korea did not developed as much as the industry's growth. Currently the new world economic order is being reorganized. Korea, while maintaining the peace of the industry, should raise the competitiveness of enterprises. Above all, the i
1.1 Company Background
The Hyundai Engineering and Construction Company was first founded by Chung Ju-Yung. And the establishment of Hyundai Motor Company took place a couple of decades later in 1964. In the early phase of the company’s development, it relied heavily on skilled labor forces and technologies in other advanced countries for automobile production. Hyundai Motor Company (hereina
1 Introduction
We're used to take a break or go somewhere for rest. But in Korea, the "leisure" wasn't usual concept for Koreans. Before 70's, we were too busy to have leisure time. But we held the Asian Games in 1986 and Olympic Games in 1988. After that, Leisure became popular and the demand of leisure made a huge increase. And also the law of travel restriction was removed. And increasing dem
사회주의체제의 전형적 특징
현실 사회주의체제는 ‘부족의 현상(shortage phenomenon)’과 ‘화폐과잉(monetary
overhang)으로 인한 인플레이션’을 일반적인 특징으로 한다.
여기서 부족이란 특정 상품이 전체 경제의 필요에 비해 공급량이 적은 경우뿐만
아니라, 전체 경제의 필요를 충족시킬 만큼 생산이
Hwaseung was an OEM partner of Nike and Reebok in the 80’s until Nike went independent to Nike Korea. Lecaf is a subsidiary of Hwaseng and was first launched as a mean to rival Nike Korea. Lecaf produces quality sportswear products that brought the company up to one of the best 10 Korean corporations. Lecaf was a relatively popular brand before the foreign brand trend kicked in. Although the co