Kia and Hyundai are not a single corporate entity. They are sister companies, both of which operate out of South Korea. Both Kia and Hyundai are known for producing inexpensive high-efficiency vehicles.
As of 2014, the Hyundai Motor Group owns a 32 percent share in Kia Motors. That is not a controlling interest, which used to be the case, but it does represent an affiliate interest. At present, the Hyundai Motor Group is the fourth-largest automotive manufacturer in the world, behind General Motors, Volkswagen and Toyota. In addition, it maintains affiliate relationships with a number of construction companies and steel suppliers.Learn More
External growth is when a business or a company increases its profits through mergers and acquisition rather than its operation. The main goal is to bring the external finance into the company and achieve greater market share. External growth allows the company to expand quickly, but it is also associated with a number of problems; for example, when companies are merged, creating a unifying culture is usually hard.Full Answer >
According to the shoe giant's official website, the only way to get sponsored by Nike is if the company contacts you directly. Nike claims they "proactively seeks athletes to endorse the brand. Unsolicited Nike sponsorship requests are not accepted."Full Answer >
Nokia's mission statement, "Connecting People," has guided the company for more than two decades. The company focuses on trying to connect people through phones and the Internet.Full Answer >
As of 2014, Talbots does not have plans to close all its stores; however, the company closed approximately 100 stores between 2010 and 2011. This followed the 2008 decision to close nearly 80 Talbots men's and children's stores to focus on fashion for the Talbots core demographic: professional women.Full Answer >