Abstract
This study estimates the market share and sales of new department stores that are planed to enter into Ulsan market. In particular, we measure the overall market size by considering the concept of the relevant market, and predicted changes in the share of new department stores and competitors using the Huff model. According to the result of our analysis, the market size facing new department stores is estimated at 1.2 trillion won, and the share of new department stores in 2020 is expected to be 25.7% and the estimated sales to be about 34.5 billion won.
Keyword: Department Store, Store Choice Models, Huff Model, Market Share Forecast

Kanyong Li, Zuankuo Liu
Abstract
With the rapid development of China's economy and industrialization, the China's urbanization development has gained enormous interest. Urbanization is an important phenomenon of China's economic development. Chinese government has greatly promoted the growth of urbanization through expanding domestic demands. Nowadays, China's urbanization undergoes a state with rapid developments. Sustainable urbanization can be readily achieved via increasing investment, improving the urban industrial structure, developing the tertiary industry and promoting the domestic market. However, when infrastructure and urban construction funds needed are insufficient, foreign companies with advanced technology and abundant capital can bring opportunities. In this paper, the influence of foreign direct investment on urbanization was systematically studied by analyzing the panel data of 30 provinces during 2000-2012 in China. The results indicated that: the inflow of foreign direct investment has brought significant positive impact on China's urbanization, especially in eastern coastal areas. This is because most foreign direct investments are concentrated in the coastal areas of eastern China.
Keyword: China, Foreign Direct Investment, Urbanization

Yudong Wu, Ha Hyun Soo
Abstract
Labor union originally refers to a spontaneous social group on the basis of common interests, which might include the employees working for the same employer, or the individuals in a particular field. The original intention of labor union was to negotiate working salaries, working hours and working conditions with the employers. Chinese labor union stands for the working class led by the Communist Party of China (CPC) and consequently it serves as an intermediary between the government and the people. Therefore, the basic roles of labor union in China are to safeguard(or protect) the legitimate rights and interests, to ensure the participation in construction and reformation, and to conduct education for the workers. Previously, these roles were equally important. Since 2010, the first role has become the top priority so that the functions of labor union can be performed more effectively. However, labor unions based on national power are more dependent on the government in terms of economy and administration. As a result, labor unions have to adjust their functions and properties according to the policies. With the development of China and the disappearance of Demographic Dividend, the components of Chinese labor market have greatly changed and numerous labor disputes have become obstacles to a harmonious society. Thus, to enhance the roles of labor union in handling labor disputes, balancing labor and capital, and securing the rights of working class is of great significance for social stability and development. In this thesis, the definition of Chinese labor union was introduced, followed by the developing history and its specific functions. Relevant laws were collected to illustrate the role of labor union played as well as the methods in handling labor disputes. The restrictions and problems of labor union in handling labor disputes were also discussed. Finally, considering the current situation of Chinese labor market, the necessity of enhancing the role of labor union in securing rights and handling labor disputes was expounded and emphasized. Based on the results of these studies, analyzes of how Korean-invested enterprises in China resolves labor disputes by labor union.
Keyword: China’s labor union, China’s labor market, labor disputes, the roles of labor union.