1. Why do you think that it is so important to cultivate guanxiandguanxiwang in China?
In China, guanxiis an essential factor which makes a business more likely tobe successful. Because the political system of China is based on communist totalitarianism, there is much more possibility to execute works by person in charge with his subjective mind rather than tothe legal process. Since t
Guanxi가 맥도날드는 부족했기 때문이라고 설명했다.
Ⅱ. QUESTIONS
1.
Explainthe concept ofguanxi. How did McDoanald's lack ofguanxi affect Its operations in China.
1) Guanxi(꽌시)의 개념
한자로 關係(관계)라 표기되는 ‘꽌시’는 개인적인 힘(Personal Power), 인간관계 (Relationship), 인맥(Connection) 등을 의
and Shiseido-and two Korean cosmetic companies in China which can bethe competitor with them- Laneige and Mamonde. After that, we will make some suggestion for Korean cosmetics companies to maximize their market share in Chinese cosmetics market, based on our analysis about Chinese cosmetic market. Thus, researching question of this paper is “what are the important factors to succeed in Chines
forwhat?)
Sustain responsible commercial success as a global
marketing company of branded casual apparel
Balance goals of superior profitability and ROI,
leadership, positions and superior products services
Conduct business ethically & demonstrate leadership in
satisfying our responsibilities to our communities & to society
The work environment will be safe & productive and
cha
Introduction
China is one of most powerful country inthe world and already be ranked as G2 with the United States. After building a market economy, China become the superpower country. So, to Korea, China is very important country for business and trade. Now, After 20 years the establishment of diplomatic relations between Korea and China, How do we performed business in China for success in
In sight of global cosmetic market, market growth of Europe and North America was decreased. But, emerging market (Brazil, China, etc.) kept high growth rate.
→ Therefore, it makes to focus on emerging market.
Global Cosmetic Market.
The scale of global cosmetic market was 242.2 billion US Dollars in 2010. It has been increased more than 3% every years since 2001.
Global Cosmetic Marke
Ⅰ. The reason of our choice
ⅰ. Situation of Korean market
As you can see in this graph, Korean chicken market is already red ocean. The franchise number of chicken companies is decreasing except start-up companies. So, we decided to enter the overseas market.
ⅱ. Advertisement Strategy
We decided to make Super Junior to advertise our product. According to Balance Theory, a pe
whattoday’s consumers demand back in 1984, stems from
1. The special Korean culinary style of cooking, with a heavy dependence of fresh, close-to-nature products: Traditional Korean foods are considered one of world’s healthiest diets, with a heavy dependence on soybean-related ingredients
2. The Pulmuone founder’s vision that emphasizes a “love for neighbors” and a “respect for
and has the highest probability, to calculate the estimate of annual cost of producing 10-in. and 12-in. pipe in-house.
Choosing the “most likely figure” seems tobe a good and right decision, but actually it is not. It would be simple and easy to calculate but it has problems that it totally ignores other lower-probability cases. The most sales’ case is fine but what if annual sales turn
to pay back the upcoming current liabilities. Thisis why Xerox announced that it has set aside reserves forthese subsidiaries, in an attempt to alleviate theinvestors’ anxiety about the company’s liquidity.
4. Whatisthe journal entry needed to estimate and recognize the uncollectibility of some accounts receivables?
When account receivable is recognized tobe uncollectible, it mean