before IMF in CJ can be an example of showing his leadership style. Right after becoming vice president of CJ, he stated to his plan to carry out restructuring gradually because he judged that Korea would be going through economic crisis within the following years so CJ needed to prepare for it. Thanks to his gradual restructuring, CJ could overcome economic crisis without major loss in the late
economic restructuring measures demanded.
February 1995 was promoting measures to normalize financial.
for example Expansion of the bank's capital and Resolving insolvent obligation.
In March the same year.
As second economic stabilization measures announced before the economy began to stabilize.
Going through the recovery in 1996.
Was almost overcome the financial crisis in 1997.
However, when Hyundai Motors released Galloper in 1992 and sold out over 23.7 thousand, SSangyong Motors lost its lead in the four-wheel-drive motor industries and sold out 16 thousand vehicles, 3.4 thousand less than the year before. Since then, SSangyong group tried to regain its lead with major investments only to end in a heavy deficit. Continuance of the investment that followed added
Franchise business is the relationship franchisors provide franchisees to operation, education, products, no-how and so on. They manage the business together. In other words, In Franchise business, manufacturers and distributors who can make and sell product are franchisors. And, Individual outlets are franchisees. Wherever you go, there are many stores provide same interior, same menu, same pri
1. Introduction
"Europe's crisis is all about the north-south split."
Alan Greenspan, who was the former U.S. federal Reserve Board (FRB) Chairman, said the situation of Eurozone Crisis as follows. Due to high savings rate and low inflation, northern european countries have been known for frugal countries before the Euro appeared. On the other hand, southern European countries had low savi