with H&M’s lower PPE/sales and higher working capital/sales ratios, Inditex’s high PPE/sales ratio of 37.8% is offset by low working capital/sales ratio of 0.6%, thereby generating slightly higher but comparable capital turnover ratio and ROIC. In other words, Inditex and H&M possess similar level of capital efficiency measured by capital turnover, yet with different competitive advantages.
tribes society developed trust relationship but hold each other in check. Tribes superiority depends on tribe's military power, credibility and honors. So tribe's honor was symbol of Superiority, the honor comes from individual morality in the tribes.
Members who damage the honor were punished by their tribes. So the tribes prevent from a war against other tribes and preserve their own honor.
value determines
when viewers watch ones
Elasticity of high demand
A Character of Movies is
non-objective
Consumption of Movies has
a character of luxury object
Effect
Completion of long-term vertical integration by reinforcement of own production ability
Prior occupation in alliance with production company
Maximizing rear window effect by possessing copyright
and the lots of systems which promote users participation are based. For example, Wikipedia, Amazon, ebay, and intellectual knowledge search service at never let us to share our knowledge and information.
On the other hand, people who does not educated information ethics, information can be abused and have malfunctions like non-professionalism and possibility of luring for the wrong purposes.
carry up to a ten year prison sentence, and prohibits the development or possession of phishing kits with intent to commit fraud.
iv. Society and Environment
Although most online phishing may seem like a trivial topic, many are still oblivious to the subject. According to 2007 survey conducted by PayPal , an online payment provider, in UK, about 46% of the people are unaware of what phishing