South Korea
1. Cultural analysis
People
People in South Korea are labelled as hard-working, filial piety and modest. They are known for being proud of their traditional culture and modern economic success. South Korea’s unique cultural components are a way they distinguish themselves from people of other country. South Korea’s are unique in the way they greet, name calling, body language and language.
Greetings
Koreans are very status conscious, and their speech behaviour reflects the hierarchical relationship between them. . In Korea, younger generation will bow to older generations as a form of respect. Bowing is a traditional Korean greeting that has been passed down from generations.
Language and arts
Koreans value their native tongue and …show more content…
This can cause miscommunications between businesses because their body language maybe interpreted wrongly. It is also considered impolite to address a Korean with his/her given name. They only use professional titles in business negotiations and it is usually followed by first name.
Corporate culture
Koreans are usually punctual for their business meetings because it is deemed as showing interest in having a successful contract signing. They however prefer doing business with someone they can trust or someone they knew. The tone of speech of Korean businessmen is always formal and it is to show basic respect to the other party. In terms of negotiation, Koreans always start negotiation at an unreasonable position and will compromise as time passes. After the meeting have passes, they always give a deep bow indicating a successful meeting and look forward to the future.
K-Type management
Because of Korea’s high power distance and hierarchy, the way Korean manage their company differs from one that we have in Singapore. Korean management style, also known as K-type management, consists of top down decision making, clan management, ranking & status and personal loyalty. They value the decisions made by senior managers and accept it with open arms. Koreans believe in consensus which states that subordinates are to be loyal to their superiors (in high hierarchical ranking). Korean workers also expect to get confirmation and satisfaction …show more content…
Hofstede 5 cultural dimension Power distance
Power distance in South Korea is very high compared to Singapore. Koreans possess a hierarchal society hence people are sensitive about titles and statues. Koreans believe in Confucianism that states the importance of relationship roles for keeping a society harmonious. This dimension deals with the fact that all individuals in societies are not equal. Hence, it is good to show respect by sending people of a certain statues to successfully negotiate a deal with Koreans.
Indivualism vs Collectivism
South Korea has a very high collective society. This particular characteristic is shared by all East Asian countries. Collective societies characterised by a desire to belong, loyalty to one’s company and a high priority placed on the interest of the group as a whole. People have long term commitment and foster strong relationship with the company. Collectivism manifest especially in decision making and negotiations. Due to this, it takes more than a few to finalize the deals and make decisions as it is based on careful considerations of interest of the whole
1. Cultural analysis
People
People in South Korea are labelled as hard-working, filial piety and modest. They are known for being proud of their traditional culture and modern economic success. South Korea’s unique cultural components are a way they distinguish themselves from people of other country. South Korea’s are unique in the way they greet, name calling, body language and language.
Greetings
Koreans are very status conscious, and their speech behaviour reflects the hierarchical relationship between them. . In Korea, younger generation will bow to older generations as a form of respect. Bowing is a traditional Korean greeting that has been passed down from generations.
Language and arts
Koreans value their native tongue and …show more content…
This can cause miscommunications between businesses because their body language maybe interpreted wrongly. It is also considered impolite to address a Korean with his/her given name. They only use professional titles in business negotiations and it is usually followed by first name.
Corporate culture
Koreans are usually punctual for their business meetings because it is deemed as showing interest in having a successful contract signing. They however prefer doing business with someone they can trust or someone they knew. The tone of speech of Korean businessmen is always formal and it is to show basic respect to the other party. In terms of negotiation, Koreans always start negotiation at an unreasonable position and will compromise as time passes. After the meeting have passes, they always give a deep bow indicating a successful meeting and look forward to the future.
K-Type management
Because of Korea’s high power distance and hierarchy, the way Korean manage their company differs from one that we have in Singapore. Korean management style, also known as K-type management, consists of top down decision making, clan management, ranking & status and personal loyalty. They value the decisions made by senior managers and accept it with open arms. Koreans believe in consensus which states that subordinates are to be loyal to their superiors (in high hierarchical ranking). Korean workers also expect to get confirmation and satisfaction …show more content…
Hofstede 5 cultural dimension Power distance
Power distance in South Korea is very high compared to Singapore. Koreans possess a hierarchal society hence people are sensitive about titles and statues. Koreans believe in Confucianism that states the importance of relationship roles for keeping a society harmonious. This dimension deals with the fact that all individuals in societies are not equal. Hence, it is good to show respect by sending people of a certain statues to successfully negotiate a deal with Koreans.
Indivualism vs Collectivism
South Korea has a very high collective society. This particular characteristic is shared by all East Asian countries. Collective societies characterised by a desire to belong, loyalty to one’s company and a high priority placed on the interest of the group as a whole. People have long term commitment and foster strong relationship with the company. Collectivism manifest especially in decision making and negotiations. Due to this, it takes more than a few to finalize the deals and make decisions as it is based on careful considerations of interest of the whole