Enterprise Risk Management at Posco|Enterprise Risk Management|Case Study|Case Studies

Enterprise Risk Management at Posco

            
 
Case Studies | Case Study in Business, Management, Operations, Strategy, Case Study

ICMR HOME | Case Studies Collection

Case Details:

Case Code : ERMT-011
Case Length : 11 Pages
Period : 2003
Pub Date : 2003
Teaching Note :Not Available
Organization : Posco
Industry : Steel
Countries : Global

To download Enterprise Risk Management at Posco case study (Case Code: ERMT-011) click on the button below, and select the case from the list of available cases:

Enterprise Risk Management | Case Study in Management, Operations, Strategies, Business Ethics, Case Studies

Price:
For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Shipping & Handling Charges extra

Enterprise Risk Management Case Studies
Short Case Studies
View Detailed Pricing Info
How To Order This Case
Business Case Studies
Case Studies by Area
Case Studies by Industry
Case Studies by Company


Custom Search


Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



Chat with us

Strategic Management Formulation, Implementation, & Control, 12e

Please leave your feedback

Leave Your Feedback

ICMR India ICMR India ICMR India ICMR India RSS Feed

<< Previous

Excerpts

Marketing Risks

Developments that adversely affected Korea's economic recovery were likely to decrease the demand for Posco's products. Korea was Posco's most important market, accounting for 70.6 % of Posco's total net sales in 2001.

Economic difficulties in Asia, including Japan, Indonesia, Thailand and Malaysia, had led to a general reduction in demand for Posco's products in the region. Posco's export sales accounted for 26.7 % of its total sales volume for steel products in 2001. Posco's sales to Asia, other than Korea, accounted for 70.7 % of its total export sales volume for steel products in 2001. Posco expected that sales to these countries might remain relatively weak until significant recovery occurred in these economies...

Enterprise Risk Management | Case Study in Management, Operations, Strategies, Enterprise Risk Management, Case Studies

Political Risks

Traditionally, relations between South and North Korea had been tense. The level of tension between the two Koreas had fluctuated and might increase or change abruptly as a result of current events, including progress of discussions at the highest levels of the governments of Korea and North Korea, and future events that could not be foreseen at this time...

Operational Risks

In July 2001, Posco completed phase one of a process innovation initiative designed to enhance the efficiency of operations and launched POSPIA, its integrated management program. Posco reoriented its business transaction processes, including purchase of raw materials and sale of goods, to focus on customers...

Anti-Trust Risks

Korean fair trade laws provided for various regulations and restrictions on large business groups. Previously, Posco was not regulated as a large business group under fair trade laws as it was a public corporation...

Financial Risks

Posco believed that its conservative financial management policies and access to multiple sources of financing both in local and international markets had contributed to its satisfactory operating performance, despite the challenging economic environment in Korea and Asia since 1997. Posco reduced its total debt outstanding from W8, 731 billion as of December 31,1997 to W6,357 billion as of December 31, 2001. Posco had significantly reduced the amount of long-term foreign currency loans from W4, 523 billion as of December 31, 1997, (representing 51.8 % of total debt) to W3088 billion as of December 31, 2001, (representing 48.6 % of total debt)...

Exhibits

IExhibit I: Posco Major Products
Exhibit II: Posco Geographical Segment Information
Exhibit III: Profile of Korean Market for Steel Products
Exhibit IV: Posco Geographical Breakup of Exports
Exhibit V: Posco Product Wise break up of Exports
Exhibit VI: Posco Currency Forward Contracts
Exhibit VII: Posco Cross-Currency Interest Rate Swaps
Exhibit VIII: Posco Financial Highlights


 

Case Studies Links:- Case Studies, Short Case Studies, Simplified Case Studies.

Other Case Studies:- Multimedia Case Studies, Cases in Other Languages.

Business Reports Link:- Business Reports.

Books:- Textbooks, Work Books, Case Study Volumes.