of casino space – largest in the world –with 3400 slot machines and 800 gambling tables and a 15,000 seat arena for entertainment/sports events.
Vision The Venetian Team Members will create a lasting impression through caring, genuine service that will transform the entertainment industry in Asia.By creating a destination resort unique to Asia and broadening our appeal to new markets
When the south Korean economy experienced the first oil shock in early 1970s,there had been preliminary discussions whether there was need for an unemployment insurance system. In the latter half the 1970s, south korea’s economic structure was transformed from an agricultural to an industrial economy.the labour market in consequence went through major changes and the excess supply of labour was
of sales tax and regulation often vary by country.
(2)The aim of FTA
The aim of a free trade area is to so reduce barriers to easy exchange that trade can grow as a result of specialization, division of labour, and most importantly via (the theory and practice of) comparative advantage. The theory of comparative advantage argues that in an unrestricted marketplace (in equilibrium) each sou
structure to spread its system over globally. But its change did not necessarily meet local market needs. In addition, economic crisis on Japanese economy had huge negative impact for Japanese companies to downsize its firm size and restructure. Following summaries indicate more in detail about how CEOs of each companies at different era tried to transform its company.
[Philips]
Philips’s
of all member's capabilities → active factors
Development system
based by achievement and leadership quality
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Problem analysis ①
Emphasize too much on organic organization and
smooth, frequent communication
Adapting organizational structure in western
company without any transformation
No consideration
about Korean organizational c