{"id":100,"date":"2010-11-25T02:09:40","date_gmt":"2010-11-25T09:09:40","guid":{"rendered":"https:\/\/blogs.ubc.ca\/kevinlee\/?p=100"},"modified":"2010-11-25T02:09:40","modified_gmt":"2010-11-25T09:09:40","slug":"final","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/kevinlee\/2010\/11\/25\/final\/","title":{"rendered":"Corporation with NO Heart. NO Passion."},"content":{"rendered":"<p>Maybe there\u2019s no such country like Korea. It\u2019s a country that developed so rapidly that I.T. and shipbuilding industry are ranking number one in the world and ranking top ten among car manufacturing countries. Recently G20 Seoul Summit was held in Korea and back in October, Formula 1 was also held in Korea.<br \/>\n<a href=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.26.06-AM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-101\" title=\"Screen shot 2010-11-25 at 12.26.06 AM\" src=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.26.06-AM.png\" alt=\"\" width=\"851\" height=\"236\" srcset=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.26.06-AM.png 851w, https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.26.06-AM-300x83.png 300w\" sizes=\"auto, (max-width: 851px) 100vw, 851px\" \/><\/a> Two major worldwide events were held in a row in Korea and the entire universe focused its interest on Korea. Yes the G20 Seoul Summit was very successful (in my point of view) but what about F1? It was total lack of interest. Why is motorsports so not popular in Korea when Koreans are so enthusiastic about soccer and baseball? I say it\u2019s because of Korea\u2019s automobile manufacturers.<\/p>\n<p>Motorsports is where car manufacturers compete each other by using their best technology, knowledge, and experience. Among all the motorsports, F1 is where car manufacturers show their ability to the limit. Do you think Ferrari spends millions and billions of dollars just for fun? Or just to win? Every technology that was developed and the knowledge and experience gained from F1 are reflected to the road cars they make. And that\u2019s why Ferraris\u2019 are superior.<br \/>\n<a href=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.45.11-AM1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-103\" title=\"Screen shot 2010-11-25 at 12.45.11 AM\" src=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.45.11-AM1.png\" alt=\"\" width=\"772\" height=\"130\" srcset=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.45.11-AM1.png 772w, https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.45.11-AM1-300x50.png 300w\" sizes=\"auto, (max-width: 772px) 100vw, 772px\" \/><\/a>Hyundai? I\u2019d say a selfish corporation who sells cars and never tells you how to enjoy cars. When BMW, VW, and Audi opened driving schools and taught people how to drive properly and how to enjoy driving, what were you guys doing? When they opened these campaigns didn\u2019t you guys feel anything? True Prestige? Just by saying it? Just through advertisements?<br \/>\n<a href=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.57.40-AM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-104\" title=\"Screen shot 2010-11-25 at 12.57.40 AM\" src=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.57.40-AM.png\" alt=\"\" width=\"435\" height=\"462\" srcset=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.57.40-AM.png 435w, https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-12.57.40-AM-282x300.png 282w\" sizes=\"auto, (max-width: 435px) 100vw, 435px\" \/><\/a>Not only this. Did Hyundai or Kia ever make a toy car for kids? BMW, MB, Audi, Porsche, Toyota, and even Hummer. Do you know why these companies care about making toy car for kids? Its called marketing which you guys suck at. If a kid grows up riding a Hyundai toy car, when he grows up would he say, \u201cHyundai sucks.\u201d Or would he go like, \u201cOh\u2026 I remember riding my Hyundai toy car! Such a great memory.\u201d You people (Hyundai) do it only if it makes money\u2026Pathetic.<\/p>\n<p>Oh\u2026wait! So you guys know about motorsports? You guys built the Genesis Coupe? You call that a sports car when its made out of a Genesis Sedan platform? Oh but they\u2019re saying its still a sports car because there\u2019s a Genesis Coupe race. But it\u2019s only composed of Genesis Coupes. What are you going to do by racing bunch of Genesis Coupes? Will there be gain in technology, knowledge, or experience? Never. Hyundai doesn\u2019t even support these events. Guess why Hyundai doesn\u2019t involve Genesis Coupe in other races. Because they\u2019re afraid of loosing to Porsche or BMW on the track. Then why don\u2019t you guys build a proper car and get involved in motorsports and show the world Hyundai\u2019s ability!<\/p>\n<p>In Korea, Hyundai maximizes its profit by lowering the unit cost of production as low as possible and selling the car at a much expensive price. In North America, Hyundai sells the same cars at half the price and gives almost lifetime warranty. They earn lots and lots of money. Honestly, they\u2019re doing well. A corporation\u2019s primary objective is to maximize its profit. But since they\u2019ve reached that objective, they should make a \u201cproper\u201d car so that they can become a \u201cproper\u201d automobile manufacturer rather than continuing to unscrupulously quest for profit.<br \/>\n<a href=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-1.07.37-AM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-105\" title=\"Screen shot 2010-11-25 at 1.07.37 AM\" src=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-1.07.37-AM.png\" alt=\"\" width=\"546\" height=\"137\" srcset=\"https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-1.07.37-AM.png 546w, https:\/\/blogs.ubc.ca\/kevinlee\/files\/2010\/11\/Screen-shot-2010-11-25-at-1.07.37-AM-300x75.png 300w\" sizes=\"auto, (max-width: 546px) 100vw, 546px\" \/><\/a>Despite the fact that Hyundai increases the price tag every year, many Koreans still purchase their cars from them. Compared to the price they pay, consumer benefit is gradually decreasing. Comprehending customer needs and wants and reflecting that to make a product. Using social marketing. I knew about these before I came to Sauder and I\u2019m learning in depth about these through my first year classes at Sauder. I guess Hyundai doesn\u2019t have people who achieved a BCom degree.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maybe there\u2019s no such country like Korea. It\u2019s a country that developed so rapidly that I.T. and shipbuilding industry are ranking number one in the world and ranking top ten among car manufacturing countries. Recently G20 Seoul Summit was held &hellip; <a href=\"https:\/\/blogs.ubc.ca\/kevinlee\/2010\/11\/25\/final\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3043,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-100","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/kevinlee\/wp-json\/wp\/v2\/posts\/100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/kevinlee\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/kevinlee\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/kevinlee\/wp-json\/wp\/v2\/users\/3043"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/kevinlee\/wp-json\/wp\/v2\/comments?post=100"}],"version-history":[{"count":1,"href":"https:\/\/blogs.ubc.ca\/kevinlee\/wp-json\/wp\/v2\/posts\/100\/revisions"}],"predecessor-version":[{"id":106,"href":"https:\/\/blogs.ubc.ca\/kevinlee\/wp-json\/wp\/v2\/posts\/100\/revisions\/106"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/kevinlee\/wp-json\/wp\/v2\/media?parent=100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/kevinlee\/wp-json\/wp\/v2\/categories?post=100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/kevinlee\/wp-json\/wp\/v2\/tags?post=100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}