8. Why did Korea experience more and severer labor disputes inthe late 1980s than earlier periods?
한국의 노동투쟁 및 파업의 시기는 정치적 불안의 시기와 일치하는 경향을 보인다. 특히 1980년대 후반의 격렬했던 노동투쟁은 1987년 당시 집권여당의 대통령 후보였던 노태우의 직선제 및 인권에 관한 공약이 기폭제가 되어
the average of industry average.
It means brand value still law.
3. Information about ongoing projects
1) Global R&D Networks
Bridging the world with Hyundai Motor's R&D network
Anchored by Hyundai•Kia R&D Motors Center in Korea, Hyundai is building a global R&D network spanning the US, Europe, Japan and India.
This extensive network helps Hyundai Motor develop designs and local
the power relationship with collective power including laborunion was relatively hostile to each other. If the labour union contributes to increase of productivity through horizontal and cooperative relationship with the management, more value can be enhanced and captured. However, there has been a severe conflict between labour and management rising from personnel matters in 2003. "화이자
and to maximize the ability to highlight key issues. Therefore, the competitiveness of labor-management relations inthe future and the value of social integration should be achieved at the same time. In an open market economy future industrial relations changes in Korea is required withinthe current polarization inKorean society. This also requires strategies for overcoming conflict.
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. Inthe 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