Dollar as Basic currency
Reserve currency
Settlement currency
Intervention currency
United States: Post War King of Gold Source:
-International Monetary Fund Website
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TheProspect of ‘$’
Constantly weakening from now on
- Negative scenario
Monopoly system → oligopoly system
(Fall away of ‘Pax dollarium’)
The total exported cars go up to 2,300,000 with the increases of 28% and the exports exceed 30 billion dollars for the first time
- continuous positive approach and efforts to export market
- improvement in quality and image of Domestic cars
- the increased trust on Korean cars in overseas
(4) Future prospect from 2005
The domestic market is expected to be recovered gradually
but
The Skoda group is one of the Czech’s representative
companies with 150 years history. It has supplied
approximately 450 turbines throughout 62 countries.
Skoda Power, the main subsidiary, is one of the few
companies having original turbine technology.
Prospects After Acquisition
Doosan’s Goal
2.6 trillion of Revenue and
10% of Generation Market Shares
1. With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency?
GAP H&M Benetton Inditex
ROIC -0.15% 24.16% 11.20% 27.24%
Return on sales -0.06% 9.60% 7.05% 10.46%
COGS/sales 7
2. Introduce of Seoul Milk Cooperative
Seoul Milk Cooperative
- 11, July, 1937, Seoul milk started at Kyungseong Milk livery company and 23, January, 1962 it's name was changed to Seoul Milk Cooperative.
- produces about 50 kinds of dairy products, and records its market share to 80%
- Seoul Milk introduced the Cold Chain System in domestic milk industry first and selected an Instantane