Cultural Analysis of South Korea
Table of Contents
Cover Page 1
Table of Contents 2
Executive Summary & Introduction of South Korea 3
Cultural Analysis & components 4 • Values & Attitudes • Manners & Customs • Personal Communication • Social Structure • Education
Impact on International Business through culture 6 • Power Distance • Individualism • Uncertainty Avoidance • Masculinity/Femininity • Long-term/Short-term Orientation
Conclusion 8
Reference List 9
Executive Summary
In this report, I have chosen South Korea as the selected country. This report will feature a cultural analysis and expand on several cultural components of South Korea. This report will also explain how the unique culture of South Korea will impact international business, and what businesses need to consider in order to operate effectively in South Korea.
Introduction
South Korea is a developed country in Northern Eastern Asia that occupies the southern half of the Korean Peninsula. It borders the Sea of Japan, the Yellow Sea and North Korea. South Korea lies in the North Temperate Zone and their terrain is mostly mountainous. It covers a total area of 99,392 square kilometers, and has a population of 50 million people. The capital and largest city is Seoul, and it has a population of 9,794,304 people. It is a presidential republic and it also has a mixed economic system where the economy has a variety of private freedom, combined with centralized economic planning and government regulations. Its main language is Korean, used together with Hangul, the Korean alphabet. It is export driven, focusing on automobiles, electronics, machinery, ships, and robotics. It is
Cover Page 1
Table of Contents 2
Executive Summary & Introduction of South Korea 3
Cultural Analysis & components 4 • Values & Attitudes • Manners & Customs • Personal Communication • Social Structure • Education
Impact on International Business through culture 6 • Power Distance • Individualism • Uncertainty Avoidance • Masculinity/Femininity • Long-term/Short-term Orientation
Conclusion 8
Reference List 9
Executive Summary
In this report, I have chosen South Korea as the selected country. This report will feature a cultural analysis and expand on several cultural components of South Korea. This report will also explain how the unique culture of South Korea will impact international business, and what businesses need to consider in order to operate effectively in South Korea.
Introduction
South Korea is a developed country in Northern Eastern Asia that occupies the southern half of the Korean Peninsula. It borders the Sea of Japan, the Yellow Sea and North Korea. South Korea lies in the North Temperate Zone and their terrain is mostly mountainous. It covers a total area of 99,392 square kilometers, and has a population of 50 million people. The capital and largest city is Seoul, and it has a population of 9,794,304 people. It is a presidential republic and it also has a mixed economic system where the economy has a variety of private freedom, combined with centralized economic planning and government regulations. Its main language is Korean, used together with Hangul, the Korean alphabet. It is export driven, focusing on automobiles, electronics, machinery, ships, and robotics. It is