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
ononline that the Tong-kun chicken's parody cartoon, the Tongkeun chicken's map and the seoul map, etc. Many parodies were spontaneously occurred by the netizen. Therefore, internet includes the kind of the viral marketing In the case of the good price chicken hypermarkets promoted these items with having very small quantity. They deceived consumers with attractive baits. There were so many nega
on impact on many people and war. Until today, On War is chosen as basic lecture in military field. Now, in National University of US, Nato university of Rome and Royal college of Defense of UK, On war is chosen as basic lecture and studied.
2. In Russia, On war was special. When German force conquered Russia partially, German confirmed that libraries of Russian cities possessed On war. Especia
So, luxury handbag makers should design their products in a way that could highlight the characteristic of their brand the most. If Chanel had designed their handbags making its pattern hidden or hard to see, it will probably appeal less to consumers. This is why luxury handbag makers should focus on differentiating their brands from others to prevent frequent brand switching. This can be don
Ⅰ. 시제의 체계
서양 철학에서는 시간을 자연 현상의 본질적인 성질로 보았음에 비해 동양 철학에서는 시간을 ‘마음의 구성물’(Capra;이성범 김용정 역 1987:190)이라고 본다. 시간은 자연계의 본질적인 성질, 즉 모든 현상(변화)과 상관없이 일양적으로 존재하는 것이 아니라 다만 인간이 변화에 대해
between E-Mart and Carrefour in China.
E-Mart Carrefour
Joint ratio 98:2
(aggressive investment) 55:45
(Focus on reducing investment)
Store size 3,820 Pyung
(display stand’s number of product in entrance) 1800 Pyung
Store location Subcenter of a metropolis (10M away from each other),
deficit of same facility in same area
∴ Focus on enlarging pies rather than simple competitio