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Unformatted text preview: market by established CNB USA Technologies Inc. in Long Beach, California in USA on August 2005 and listed on KOSDAQ in June 2006 which help to gain high credit standing for customers trust and become confident in several local markets . However, in 2007 and especially in the first quarter of 2008 CNB was suffering from lower revenue growth rate (4.06%) and decrease gross profit (-3.93%). This was due to a slowing Worlds economy along with Worlds economic crisis started with the sub prime mortgage crisis in 2007 and the ensuing credit crunch. (Ling-Mei Wong, 2008)...
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This note was uploaded on 09/07/2010 for the course MGMT MTG508 taught by Professor Leepickler during the Spring '09 term at Northcentral.
- Spring '09