Dongwon says sorry over fishy tuna tale
March 22, 2008
It’s double-trouble for Dongwon F&B.
The company not only has to apologize for the knife blade that wound up in one of its tuna cans this week, it is going to have to apologize for an apparent lie as well.
The Korea Food and Drug Administration confirmed yesterday that the knife blade got into the Dongwon tuna can while employees were fixing a conveyor belt.
Dongwon said earlier that it was impossible for a blade fragment to get past its metal detectors and an X-ray machine at the factory in Changwon, South Gyeongsang.
The popular canned food manufacturer also said it was the first time fragments from a knife blade had gotten into a can.
But apparently that’s not the case. According to the KFDA, a similar incident took place in November 2006.
In response, Dongwon yesterday apologized via its Web site. An official who refused to be named admitted that the company’s investigation had not been “thorough.”
The KFDA said a conveyor belt broke at the Changwon factory where the can was produced on July 4 last year. The mishap caused production to be suspended for about 32 minutes and factory employees fixed the belt with a box cutter, a portion of which was found in the can, the KFDA said in its press release.
“We think it is highly possible that the box cutter’s blade broke during repairs and the fragment got into the can,” read the agency’s press release. “We also confirmed that there was a report from a customer that a knife blade was found in a tuna can on Nov. 29, 2006.”
During subsequent tests, the factory’s metal detectors and X-ray machine failed to detect foreign substances in cans, according to the KFDA.
Dongwon has been ordered to improve facilities at the factory and recall the 167,050 light standard tuna cans produced at the factory on July 4 that expire June 29, 2014.
“The company loosely dealt with foreign substances in its products which can be threatening to customers,” said Choi Soon-gon, an official at the KFDA.
Following Nongshim’s recall of its popular snack Saeukkang, a month after a fried rat head was found in one of its packets, Dongwon said it will withdraw the tuna cans.
According to the Green Consumer Network in Korea, a Seoul resident said he found a blade fragment in a Dongwon tuna can on March 3.
By Lim Mi-jin JoongAng Ilbo/ Kim Soe-jung Staff Reporter [soejung@joongang.co.kr]
The company not only has to apologize for the knife blade that wound up in one of its tuna cans this week, The Korea Food and Drug Administration confirmed yesterday that the knife blade got into the Dongwon tuna can while employees were fixing a conveyor belt. In response, Dongwon yesterday apologized via its Web site. Dongwon has been ordered to improve facilities at the factory and recall the 167,050 light standard tuna cans produced at the factory on July 4 that expire June 29, 2014.
In these days, many problems occured in food, and those problems treate the citizen's health. I think that many company got some problem in managing the factory, especially investigating the safety of products. The manage of employees, products, processes and facillities are very important and sensitive matters. And those responsibilities are charged on CEO and middle officials. So the ceo of company which produce the food and eating thisngs have to get more concern about the facilities , employees and processes.
20200041 kwon hyuck sung
Saturday, March 29, 2008
POOR BILLIONAIRES
Original Article:
Poor Billionaires
In a nation with rampant hyperinflation, bread is a bargain at just $10 million. Inside Zimbabwe's collapsing economy.
By Scott Johnson | Newsweek Web Exclusive
-----
Have you ever studied U.S. Histroy and have seen a picture of Germans after
WWII, using cash money as wall papers for their home?
Well, that is happening in the 21century in the country of Zimbabwe. Can you imagine?
According to Newsweek "The bill, released for the first time last month, is actually not a proper currency note at all but rather a "bearer check."
Last week in Zimbabwe 10 million dollars could buy exactly two rolls of toilet paper. By now it probably won't get quite that much.
Surprisingly, during this chaos Tomorrow, that is 29th of March 2008 is their
Presidential election date! Rober Mugabe, the 28 year long president of Zimbabwe was
blamed for such a economic catastrophe, people blame the legacy of sanctions and British Imperialism. His challenger, Simba Makoni says:" simply removing Mugabe will do wonders for the economy by restoring a modicum of confidence in the markets."
Officially, one U.S dollar is worth about 30,000 Zimbabwean dollars. As of last week the real price on the black market was about 35 million dollars, or 1,166 times the official rate.
The average wage for a farm worker is 30 million dollars per month. A domestic worker makes about five times that amount, and a laborer in one of Zimbabwe's decrepit factories can expect to earn as much as 300 million per month.If you're a government worker you'll earn a monthly pension of 60,000 (yes, thousand) a month. But an empty potato sack alone costs 2 million, or 33 times your monthly pension.
The most problematic factor is fluctuating price of oil.
Every Single price of a product depends on the change price of oil, so the price of oil controls basically everything there.
Say you've bought a side of beef that costs 20 million, and transport was a million, now you sell the beef for 22 million. Then the price of fuel rises, but you've already sold your beef, so it'll cost you 24 million in the end.
Right now, in Zimbabwe, one really knows where to start. "We just don't have people here who have dealt with this kind of hyperinflation," says David Coltart.
20700775 Article Entry #4
Poor Billionaires
In a nation with rampant hyperinflation, bread is a bargain at just $10 million. Inside Zimbabwe's collapsing economy.
By Scott Johnson | Newsweek Web Exclusive
-----
Have you ever studied U.S. Histroy and have seen a picture of Germans after
WWII, using cash money as wall papers for their home?
Well, that is happening in the 21century in the country of Zimbabwe. Can you imagine?
According to Newsweek "The bill, released for the first time last month, is actually not a proper currency note at all but rather a "bearer check."
Last week in Zimbabwe 10 million dollars could buy exactly two rolls of toilet paper. By now it probably won't get quite that much.
Surprisingly, during this chaos Tomorrow, that is 29th of March 2008 is their
Presidential election date! Rober Mugabe, the 28 year long president of Zimbabwe was
blamed for such a economic catastrophe, people blame the legacy of sanctions and British Imperialism. His challenger, Simba Makoni says:" simply removing Mugabe will do wonders for the economy by restoring a modicum of confidence in the markets."
Officially, one U.S dollar is worth about 30,000 Zimbabwean dollars. As of last week the real price on the black market was about 35 million dollars, or 1,166 times the official rate.
The average wage for a farm worker is 30 million dollars per month. A domestic worker makes about five times that amount, and a laborer in one of Zimbabwe's decrepit factories can expect to earn as much as 300 million per month.If you're a government worker you'll earn a monthly pension of 60,000 (yes, thousand) a month. But an empty potato sack alone costs 2 million, or 33 times your monthly pension.
The most problematic factor is fluctuating price of oil.
Every Single price of a product depends on the change price of oil, so the price of oil controls basically everything there.
Say you've bought a side of beef that costs 20 million, and transport was a million, now you sell the beef for 22 million. Then the price of fuel rises, but you've already sold your beef, so it'll cost you 24 million in the end.
Right now, in Zimbabwe, one really knows where to start. "We just don't have people here who have dealt with this kind of hyperinflation," says David Coltart.
20700775 Article Entry #4
Friday, March 28, 2008
Search Engines Dig Deeper, Wider
A screen shot of Daum
By Cho Jin-seo
Staff Reporter
If you are looking for a good, affordable French wine, you may consult the 4,519 posts on Yahoo's blog search engine. Or, you could visit the wine search engine on Daum and make your choice among some 500 labels available.
Focus and concentration is the new mantra of Web search engines. Every week they are adding more specific knowledge into their databases. They then provide it to users in separate and specified sections, rather than showing thousands of web pages in a single list like Google does.
The so-called ``specialized searching'' is the hot trend in the Internet search industry here. Due to meticulous demands from Internet users and fierce competition among Web sites to win advertisers, portals are continuously upgrading their searching techniques into a level that excels Google and other foreign engines, at least for Korean-language sources.
``Portal users, who were used to `consolidated searching,' are becoming more selfish. They don't want to see a long list of Web sites any longer. They want to see information tailored to their queries,'' said Sunny Park, Yahoo Korea's public relations official. ``The focus of Web searching is rapidly shifting from quantity to quality.''
South Korea is one of a few nations where Google has little presence because of local search engines' strong performances. Naver has dominated the field with its ``consolidated search'' system, which shows multiple sections of search results for a single query. The service now processes almost 80 percent of all search queries by Korean Web users.
To increase their shares of the pie, Naver's smaller competitors, such as Daum, Yahoo Korea and Paran, have been focusing on more specific fields that Naver has overlooked.
Paran is attracting young video and computer gaming audiences with its game search engine. Daum introduced wine searching in partnership with liquor distributor Doosan last year. It also has a vast database of medicine where people can find out the reasons behind doctors' prescriptions.
Yahoo Korea, which has a much different structure from its U.S. version, has been digging deep into blogs. Even though Naver has tried to block its blog pages from external search engines, Yahoo has somehow infiltrated it. It says that it now has access to some 150 million posts on 7 million blogs in Korea, the largest volume in the industry.
Most recently, Daum, the No. 2 player after Naver, expanded its search engine coverage to cafes ― the free, autonomous online communities, which were open only to members. The decision sparked protests from some cafe managers, but Daum lifted the barrier.
Daum says that there are some 400 million posts on its 7.2 million cafes. They include practical information, such as best camping sites for family trips, suitable gifts for wedding anniversaries, and how to overcome depression from failed stock trading.
Daum spokesperson Lee Seung-jin said the firm sees a meaningful increase in the number of visitors on the launchings of specific search functions. Encouraged, the site recently increased the size of its search query window on its top page.
``The newest trend in the portal industry is always reflected on the top page,'' said Yahoo's Park. ``Daum's bigger search window means that portals are now going back to the basic ― the Web search.''
``specialized searching'' was niche market in search-engine market.
many number of visitors on the launching of specific search function means customers prefer basic function of search-engine more than blog,cafe and news etc.
South Korea is one of a few nations where Google has little presence because of local search engines' strong performances.The reason why they prefer to such sites is only easy to access and comfortable to use for Korean netizens. In contrast to that, foreign web sites are not easy to access and not get accustomed to it as well.
20500530 # 3 .
A screen shot of Daum
By Cho Jin-seo
Staff Reporter
If you are looking for a good, affordable French wine, you may consult the 4,519 posts on Yahoo's blog search engine. Or, you could visit the wine search engine on Daum and make your choice among some 500 labels available.
Focus and concentration is the new mantra of Web search engines. Every week they are adding more specific knowledge into their databases. They then provide it to users in separate and specified sections, rather than showing thousands of web pages in a single list like Google does.
The so-called ``specialized searching'' is the hot trend in the Internet search industry here. Due to meticulous demands from Internet users and fierce competition among Web sites to win advertisers, portals are continuously upgrading their searching techniques into a level that excels Google and other foreign engines, at least for Korean-language sources.
``Portal users, who were used to `consolidated searching,' are becoming more selfish. They don't want to see a long list of Web sites any longer. They want to see information tailored to their queries,'' said Sunny Park, Yahoo Korea's public relations official. ``The focus of Web searching is rapidly shifting from quantity to quality.''
South Korea is one of a few nations where Google has little presence because of local search engines' strong performances. Naver has dominated the field with its ``consolidated search'' system, which shows multiple sections of search results for a single query. The service now processes almost 80 percent of all search queries by Korean Web users.
To increase their shares of the pie, Naver's smaller competitors, such as Daum, Yahoo Korea and Paran, have been focusing on more specific fields that Naver has overlooked.
Paran is attracting young video and computer gaming audiences with its game search engine. Daum introduced wine searching in partnership with liquor distributor Doosan last year. It also has a vast database of medicine where people can find out the reasons behind doctors' prescriptions.
Yahoo Korea, which has a much different structure from its U.S. version, has been digging deep into blogs. Even though Naver has tried to block its blog pages from external search engines, Yahoo has somehow infiltrated it. It says that it now has access to some 150 million posts on 7 million blogs in Korea, the largest volume in the industry.
Most recently, Daum, the No. 2 player after Naver, expanded its search engine coverage to cafes ― the free, autonomous online communities, which were open only to members. The decision sparked protests from some cafe managers, but Daum lifted the barrier.
Daum says that there are some 400 million posts on its 7.2 million cafes. They include practical information, such as best camping sites for family trips, suitable gifts for wedding anniversaries, and how to overcome depression from failed stock trading.
Daum spokesperson Lee Seung-jin said the firm sees a meaningful increase in the number of visitors on the launchings of specific search functions. Encouraged, the site recently increased the size of its search query window on its top page.
``The newest trend in the portal industry is always reflected on the top page,'' said Yahoo's Park. ``Daum's bigger search window means that portals are now going back to the basic ― the Web search.''
``specialized searching'' was niche market in search-engine market.
many number of visitors on the launching of specific search function means customers prefer basic function of search-engine more than blog,cafe and news etc.
South Korea is one of a few nations where Google has little presence because of local search engines' strong performances.The reason why they prefer to such sites is only easy to access and comfortable to use for Korean netizens. In contrast to that, foreign web sites are not easy to access and not get accustomed to it as well.
20500530 # 3 .
Mitsubishi to Manufacture Regional Jets
AP
Mitsubishi to Manufacture Regional Jets
Friday March 28, 5:44 am ET
Mitsubishi Heavy to Make Mid-Sized Regional Jets After Japan Carrier ANA Places First Orders
TOKYO (AP) -- Mitsubishi Heavy Industries is going ahead with its mid-sized regional jet -- the first "made in Japan" passenger aircraft in three decades.
The announcement from the company President Kazuo Tsukuda came Friday, a day after major Japanese carrier All Nippon Airways placed the first orders for the twin-engine aircraft that seats about 70 to 90 people.
Original Article
Now, Mitsubishi is becoming one of the jets manufacturing company.
They've been succeeded in vehicle field. Their products, cars, were
pretty competitive in the market. But now, they are becoming a humongous
jets manufacturing company. I have no doubt that they will make much profit
through manufacturing jets. As written in article, starting from ANA, Japan
Airline company, they will expand world wide in Reginal Jets field.
I'm looking forward to see them growing gigantically.
20100174 #3 Entry
Mitsubishi to Manufacture Regional Jets
Friday March 28, 5:44 am ET
Mitsubishi Heavy to Make Mid-Sized Regional Jets After Japan Carrier ANA Places First Orders
TOKYO (AP) -- Mitsubishi Heavy Industries is going ahead with its mid-sized regional jet -- the first "made in Japan" passenger aircraft in three decades.
The announcement from the company President Kazuo Tsukuda came Friday, a day after major Japanese carrier All Nippon Airways placed the first orders for the twin-engine aircraft that seats about 70 to 90 people.
Original Article
Now, Mitsubishi is becoming one of the jets manufacturing company.
They've been succeeded in vehicle field. Their products, cars, were
pretty competitive in the market. But now, they are becoming a humongous
jets manufacturing company. I have no doubt that they will make much profit
through manufacturing jets. As written in article, starting from ANA, Japan
Airline company, they will expand world wide in Reginal Jets field.
I'm looking forward to see them growing gigantically.
20100174 #3 Entry
3. Carrefour China: Lessons From A Global Retailer
Carrefour was the first retailer to open its hypermarkets that offer everything from electronics to groceries. Its first hypermarket was opened in 1995, now after 13 years it has 73 hypermarkets throughout 29 cities. China is the fifth largest market for Carrefour from which came $2 million of turnover in 2005 and an annual growth expectance of 25% to 30% over the next five years. The company in mainland is led by Jean-Luc Chéreau who came in 1999 after doing business in Taiwan for seven years. He was interviewed and talked a little about Carrefour’s experience in China.
When he came to China, the market was just beginning to open, they started by opening stores in the main cities and costal areas and learned about their consumers from those cities before expanding to other cities. Their entrance to the market can be considered of 18 years including the first entrance to Taiwan. The difference is that in the western and middle part of China, the market is less mature because there is limited purchasing power. He also says that those companies who entered to Taiwan when the mainland’s market was closed have a great advantage in China. The way Chinese people do business is different from what he used to do. Every time there was a change in the company, the partner company they were negotiating with came and wanted to renegotiate the a contract that was signed for ten years. It’s a different world, you can’t have preconceived ideas because you were successful in the U.S. or Europe.
20600642
When he came to China, the market was just beginning to open, they started by opening stores in the main cities and costal areas and learned about their consumers from those cities before expanding to other cities. Their entrance to the market can be considered of 18 years including the first entrance to Taiwan. The difference is that in the western and middle part of China, the market is less mature because there is limited purchasing power. He also says that those companies who entered to Taiwan when the mainland’s market was closed have a great advantage in China. The way Chinese people do business is different from what he used to do. Every time there was a change in the company, the partner company they were negotiating with came and wanted to renegotiate the a contract that was signed for ten years. It’s a different world, you can’t have preconceived ideas because you were successful in the U.S. or Europe.
20600642
Thursday, March 27, 2008
HEY EVERYBODY
WE'VE MADE OUR ESTES TEAM
YAHOO ACCOUNT (Min Sun & Jurie took care of making one and e-mailing it to Prof. A.Lee) -> Ask the ID and PW to us in class
so don't worry about it ! Thanx.
Oh, by the way, let's continue introducing ourselves!
And let's do our bests in the simulation game and WIN! ^^
YAHOO ACCOUNT (Min Sun & Jurie took care of making one and e-mailing it to Prof. A.Lee) -> Ask the ID and PW to us in class
so don't worry about it ! Thanx.
Oh, by the way, let's continue introducing ourselves!
And let's do our bests in the simulation game and WIN! ^^
Wednesday, March 26, 2008
World's Most Desirable Luxury Brands
Nicola Ruiz, 03.25.08, 12:00 PM ET
The Nielsen Company has conducted an online survey, asking 25,000 consumers in 48 countries which luxury brand they would buy if money were no object. Top on the list, of course, was Gucci. Gucci's worldwide sales have increased since Mark Lee has become the president in 2004 and CED in 2005. As Michael Macko, a fashion director of Saks Fifth Avenue puts it, "That red and green stripe is some of the most iconic luxury branding ever created, and people want a piece of it."
Chanel and Calvin Klein tied for the second place. Chanel has provided all those classic yet stylish products including dresses, tweed suit and quilted handbags. On the other hand, Calvin Klein has been successful as well: its global retail sales increased to $4.5 billion in 2006.
The interesting fact is that when looking at who actually buys these designer brands, the United Arab Emirates and Hong Kong come out on top. There are only 7% of North American shoppers who would actually buy these. Not only so but 37% of North American consumers claimed they would not buy the designers' even if money were no object.
Contrast to Asians who would, in a matter of second, pick out a fake bag, North Americans are less aware and less concerned about the designers' products.
>>Original Text
It’s always interesting to see which brand is THE most famous. Actually I thought Prada would be the number one brand on the list because of the movie “Devil Wears Prada.” Prada was on the list but in 9th place.
From this article I, again, realized the importance of acknowledging the regional and cultural differences. I always thought that North America may be the number one consumer of these designers’ brands but it was totally different. Rather, the places that I didn’t’ really thought of, the places like Middle east countries as well as Asian countries are more interested in these and buy more of it. Now it makes sense a bit. When thinking of North American countries, the word that comes into mind is ‘Individualism.’ They don’t really care about what others think about them than the Asian countries or any other countries. On the other hand, Asian countries including Korea, Japan and China, people really care about how they would be seen in the others’ eyes and how others think about them. It’s a humongous difference. I knew that there should be a great difference but through this article I felt it directly.
Gucci Gucci founded the House of Gucci as a saddlery shop in Florence in 1906. A century later, the company's horse bit and stirrup motif is an enduring symbol of luxury. He started out selling leather bags to horsemen in the 1920s and progressed to luxury luggage as his clients graduated from equine transportation to horseless carriages. Today, with Frida Giannini at the creative helm, handbags with the interlocking double-G logo are among the company's biggest money makers.
Chanel is one of today's best-known fashion brands, and has been practically since it was founded by Coco (Gabrielle) Chanel in 1909. Coco Chanel established herself as the 20th century's single most important arbiter of fashion by offering women no-nonsense, elegant, relaxed and functional clothes. Today, the tweed Chanel suit with a nipped-at-the-waist cardigan jacket remains one of the most popular--and most copied--fashion staples. In 1983, Karl Lagerfeld reinvigorated the brand with a dose of sexiness. He's been designing the collection ever since.
In 1968, Calvin Klein and an investor started the company as Calvin Klein Limited with a small line of men and women's coats. In the '70s, Klein won two Coty Awards for his minimalist styles, and by the middle of the decade he had created a designer-jeans craze by putting his name on each pair's back pocket. Advertisements featured a 15-year-old Brooke Shields who famously said, "Nothing comes between me and my Calvins." In 2003 Phillips Van Heusen acquired the brand, and today there are three tiers within the collection ranging from high-end pieces to moderately priced casualwear.
The French luxury fashion and leather goods brand, now a main division of the French holding company LVMH, was founded in 1854 as a luggage retailer. The company is now known for its monogrammed leather handbags and employs designer Marc Jacobs as its creative director. Keeping up with the demand for exclusive luxury, the company is collaborating with a series of artists for limited-edition handbag collections.
The designer founded the company in 1945 and quickly became famous for the "New Look," a fitted jacket with a nipped-in waist and full calf-length skirt. After the rationing of fabric during the World War II, Dior's lavish use of material was bold and shocking. Since 1996, chief designer John Galliano has been at the creative helm of the French fashion house, owned by the LVMH luxury goods group.
>> Original Article
20500419 Entry 3
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