Intercultural Business Communication 2011 Abstract This report has reviewed the culture of Korea by using Hofstede‟s five dimensions of national culture (1997). Culture is defined and critique of the five dimensions is discussed‚ followed by the analysis of Korea culture that shows significant contrasting cultural values with Western countries. Moreover‚ stereotypes of Korea seem related to the power distance and collectivism culture‚ deriving the strong bond in nationalism and respect to
Premium Culture Geert Hofstede Cross-cultural communication
What is Strategy? - Michael Porter Author of the article‚ "What is strategy?" reasoning based on the assumption that a company if a company can have a strong position‚ and be able to combine different activities can create sustainable competitive advantage which can lead a firm towards profitability and sustain its position in the market. This article is important for this course because firm ability to make decisions on how‚ when and where to target a customer group‚ use recourses‚ set
Premium Strategic management Strategic planning Strategy
to South Korea Hashanthi Welikala Francesca Coralina Omorogbe Asha Jane D’Cruz Cindy Kuan Sophia Lai Introduction Where once‚ the South Korean society solely relied on the produce of their country as a source of goods‚ they are slowly turning towards imports from other nations‚ such as Australia for their goods and services. Australia is renowned for their agricultural excellence‚ and hence has become a major exporter of foods to South Korea. In this
Premium South Korea Korean language Organic food
The history of Korea can be traced back thousands of years‚ with Korea having had many and varied master‚ both from within and outside Korea. Only in recent times though‚ has Korea been divided as a nation. During World War II‚ Korean independence fighters formed a Provisional Government is anticipation of the defeat of the Japanese Empire‚ but it was never implemented. Rather‚ the Korean Peninsula was divided at the 38th Parallel of latitude with the Russians forming a Communist regime to the North
Premium North Korea South Korea
3/12/2013 Economics Discourse toward South Korea’s Future challenges An analysis of the Sustainability Report (an organizational report which gives information about economic‚ environmental‚ social and governance performance) states the fact that Samsung Group was ranked number one for sales among global IT companies for the first time in 2009. By reviewing the outstanding performance of Samsung‚ an information technology company established in South Korea in 1969‚ it is conspicuous for citizens
Premium South Korea North Korea Korean Peninsula
Speech Topic: South Korea Speech Title: South Korea Not What You Think Specific Purpose Statement: To inform my audience about the South Korea Central Idea: South Korea is more modern and more like the United States than people think. Organizational Pattern: Topical Order Introduction I. There are many things that are interesting about South Korea like their geography‚ history‚ economy‚ and culture. II. After South Korea gained their freedom from Japan in 1945 the United States
Premium South Korea North Korea Korean War
KIA in South Korea‚ A Porter’s Diamond Perspective Timothy J. Rausch Mount Vernon Nazarene University MSM002MV MAN6093 Global Business October 11‚ 2008 Introduction KIA‚ which means “arise from Asia” in Korean‚ started out making bicycles prior to World War II (Kia Motors Corporation‚ 2008). The company developed the manufacturing of steel bicycle tubing into a multi-national corporation producing cars and trucks. Prior to merging with Hyundai in 1998‚ Kia was the second largest producer
Premium South Korea Korea North Korea
Socio-Cultural Analysis South Korea has been commended worldwide for having an education system that supported it to transform the country and rapidly grow its economy over the past few decades. Based on the United Nations Educational‚ Scientific and Cultural Organization (UNESCO) report‚ they stated that South Korea holds the highest tertiary rates at 97.97 % for the total population‚ and it was higher than any country in the world (UNESCO‚ 2014) . Furthermore‚ according to the latest OECD education
Premium Marketing Investment Economics
XYZ‚ would be Porter ’s Five Force Model. The Five Force model gives focus to the external environment of the organization. It reveals the source of competition in an industry‚ and the external influence‚ including the threats and opportunities that an organization has to face in order to gain a competitive advantage. The Value chain on the other hand‚ focuses on the internal analysis of the business activities. In this section we will be briefly be discussing the factors of the model‚ those being
Premium Manufacturing Competitor analysis Good
purposes‚ a great market potential is seen in South Korea where the demand for skincare and cosmetic products is soaring. With sales capabilities in over 100 countries‚ direct sales offices have only been established in a little over 20 countries1. The goal of this report is to provide an analysis on the feasibility of establishing a direct sales office in South Korea. Feasibility will be determined through a three part analysis in the following areas: · South Korea’s business climate as depicted by
Premium Management Marketing Strategic management