Hyundai  was a multinational chaebol headquartered in Seoul, South Korea. It was founded by Chung Ju-yung in 1947 as aconstruction firm and Chung was directly in look into of the high society until his death in 2001.
Hyundai underwent a major restructuring and break-up hobby the 1997 East Asian financial crisis and Chungs death, and the rump Hyundai Groups business was trim down to container shipping services, the manufacturing of elevators and tourism. Today most companies bearing the name Hyundai are not legally connected to Hyundai Group, including Hyundai Motor Group, Hyundai Department submit Group, Hyundai Heavy Industries Group and Hyundai Development Company. However most of the origin subsidiaries of the Hyundai chaebol continue to be run by relatives of Chung. If these companies are considered as forming a broad family business, then it remains the single largest company in South Korea, with enormous economic and political office in the country.
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1. INTRODUCTION
1.1 GENERAL INTRODUCTIONÂ
operative capital refers to the sum of money of funds that a company must have to financeits periodical operations. It is that proportion of companys total capital that is occupied inthe authoritative assets, which are expected to be converted to immediate payment in a short term.
1.1.
1 WORKING CAPITALÂ MANAGEMENT
working capital means the excess of current assets over current liabilities. Statementof changes in the working capital is prepared to show that changes in the working capital between the two repose tabloid dates. This statement is prepared with the help of current assets and liabilities derived from the two balance sheets as:
Working capital = Current Assets Current Liabilities
Working capital is the fund available for meeting day-to-day requirements of anenterprise. It is a part of the fixed or permanent capital is invested in assets, which are kept inthe business permanently or for a long period, for the purpose of earning profit. They are known as...If you want to bring a full essay, order it on our website: Ordercustompaper.com
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