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Doing Business in South Korea

Introduction This memo is designed to give the reader a better understanding of Korean business culture. An entire book is not enough to make one an expert on the cultural perspectives of doing business in a particular country, much less a five-page memo. Indeed, no book or memo can teach how to do business in another country. That can only be taught by experiential learning and continued business interaction with another person from that culture.
While peoples in the Far East share many cultural traditions, it is a mistake to assume that all Asians are alike. This stems from the fact that different Asian countries’ traditions, mores, and cultures have been impacted by different factors. Therefore, adjusting specifically to Korean culture, not Asian culture, is key to business success in Korea.


History
Economy
Culture
First Contact
Meetings
Negotiating
KIBUN
Conclusion
Sources
Notes
Therefore, this memo discusses the following:
Brief History
Economy
Culture and Religion
Setting-Up the First Contact
Meeting for the First Time
Meeting and Negotiating Over Meals
Kibun: Harmony and Maintenance of Good Feelings
Business Timeline and Conclusion

For proper credits, I have also included these:

Sources
Notes

 

 

 

 



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