Daewoo_Group_Case

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 on. Can Daewoo really survive and if yes, how' The roots of Daewoo’s crisis are in: a) Korean Economic System’s Structure, Chaebols and Asian Crisis daewoo, chaebols, korean, government, economic, sell, however, crisis, businesses, smaller, off, business, size, problem, make, investors, company, solution, plan, over, main, made, kim, help, growth, force, conglomerates, concentrate, companies, big, back, government, structure, selling, same, restructure, new, money, losses, korea, key, imf, group, good, economy, dollars, definitely, because, asian, adapt