Daewoo Group Case

Title: Daewoo Group Case
Category: Literature / English
Details: Words: 1529 | Pages: 6.5 (approximately 235 words/page)

Daewoo Group Case

Problem Definition Daewoo group started as a small textile company and in just 20 years developed into second largest Korean chaebol ( family owned conglomerate). It had over 250000 employers worldwide, over 30 domestic companies and 300 overseas subsidiaries, generating sales of more than 100 billion dollars annually. However, in 1999 it seemed that the ‘golden days’ of Daewoo were over as it was faced with over 50 billion dollars dept and had to decide to sell some of its business to carry …showed first 75 words of 1529 total…

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…showed last 75 words of 1529 total…Motors to General Motors and etc., giving independence to some of its big divisions such as shipbuilding. But this plan came too late and Daewoo did not implement it until it really got bankrupt. There is not Daewoo group any more. Most of it was sold and what is left is now called Daewoo International and has its main businesses in International Trade, Information, Project Organising, Research Development and some other ( www.daewoo international.com).

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