Korean and French cultural differences
Contents Page
1.0 Introduction
2.0 Comparison of Cultural foundations
2.1 Time Focus
2.2 Time orientation
2.3 Space
2.4 Power
2.5 Structure
2.6 Communication
2.7 Action
2.8 Competition
3.0 Management priorities for South Korean and French cultures 3.1 Planning 3.2 Staffing
3.3 Organising
3.4 Directing
3.5 Controlling
4.0 Conclusion
5.0 References
1.0 Introduction
As travelling around the world has become easier and businesses continue to grow, we are beginning to experience globalisation. Companies have begun to expand into other continents, investing into foreign countries, placing factories and employing local workers to fill these workplaces. We see the benefits from this globalisation, with foreign investments supplying work for locals, as well as the obvious benefits of a company expanding into a new country, such as new, previously unreached markets and decreases in shipping costs. However, with globalisation more demands regarding management. When dealing with foreign employees, there are areas of local cultures that need to be respected. This report looks at the management issues that come with globalisation, specifically looking into foreign investment into France and South Korea. These two countries have
France is the largest country in Western Europe and one of the most advanced countries in the world. They show this through their solid economic structure and their roles in NATO, The G-8 and as a leading country in the European Nations. With a population of 63,460,000, it boasts a GDP of $2.712 trillion, the 5th highest country GDP.
South Korea is situated in East and has transformed itself in to a functional democratic country, despite it’s chaotic past with Japan and on going feud with North Korea. The country is beginning to get more involved in international relations, following them hosting the G-20 summit in 2010 in their capital, Seoul. As well as this, they are in line to host the 2018 Winter Olympic Games and have gained a
1.0 Introduction
2.0 Comparison of Cultural foundations
2.1 Time Focus
2.2 Time orientation
2.3 Space
2.4 Power
2.5 Structure
2.6 Communication
2.7 Action
2.8 Competition
3.0 Management priorities for South Korean and French cultures 3.1 Planning 3.2 Staffing
3.3 Organising
3.4 Directing
3.5 Controlling
4.0 Conclusion
5.0 References
1.0 Introduction
As travelling around the world has become easier and businesses continue to grow, we are beginning to experience globalisation. Companies have begun to expand into other continents, investing into foreign countries, placing factories and employing local workers to fill these workplaces. We see the benefits from this globalisation, with foreign investments supplying work for locals, as well as the obvious benefits of a company expanding into a new country, such as new, previously unreached markets and decreases in shipping costs. However, with globalisation more demands regarding management. When dealing with foreign employees, there are areas of local cultures that need to be respected. This report looks at the management issues that come with globalisation, specifically looking into foreign investment into France and South Korea. These two countries have
France is the largest country in Western Europe and one of the most advanced countries in the world. They show this through their solid economic structure and their roles in NATO, The G-8 and as a leading country in the European Nations. With a population of 63,460,000, it boasts a GDP of $2.712 trillion, the 5th highest country GDP.
South Korea is situated in East and has transformed itself in to a functional democratic country, despite it’s chaotic past with Japan and on going feud with North Korea. The country is beginning to get more involved in international relations, following them hosting the G-20 summit in 2010 in their capital, Seoul. As well as this, they are in line to host the 2018 Winter Olympic Games and have gained a
References: Browaeys and Price (2011). Understanding Cross-Cultural Management. 2nd ed. Edinburgh: Pearson Education Limited. Hofstede, Geert (2010). Cultures and Organisations, Software of the Mind. 3rd ed. London: McGraw Hill Professional. Morden, Tony (1998). Management in South Korea: a review. Management Decision. Katz, Lothar (2006) Negotiating International Business - The Negotiator’s Reference Guide to 50 Countries Around the World” http://www.indexmundi.com/factbook last accessed 27/04/13