1953) had happened between South Korea and North Korea. South Korea was supported by the United Nations and North Korea was supported by China and the Soviet Union. The war was terribly continued till 1953 and both sides had suffered heavy casualties as follows. South North Dead 178‚426 367‚283-750‚282 Missing 32‚925 Wounded 566‚434 686‚500-789‚000 Apparently‚ this war broke out because political border between North and South Korea tensed and it deepened the division;
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The Bank of Korea (BOK) is the central bank of South Korea and issuer of South Korean won. It was established on June 12‚ 1950 atSeoul‚ South Korea. The Bank’s primary purpose is price stability. For that‚ the Bank targets inflation. The 2010–12 target is consumer price inflation of 3.0 ± 1%. ------------------------------------------------- History The Bank of Korea was established on June 12‚ 1950 under the Bank of Korea Act. Following liberation on August 15‚ 1945‚ the Korean economy was
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Korea is a country that has been successful in developing many industries‚ especially those of technology and education‚ within a short period of time. Korea’s advancement in mass media has been quite remarkable in the recent years. In addition‚ Korean pop music‚ also known as “K-Pop‚” is spreading all around the world‚ causing people’s interest in Korean culture to grow. Moreover‚ as Korea becomes more well-known for its entertainment industry‚ residents of other countries consider Korea as a tourist
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Political and legal impacts on doing business in Korea Korea is known as a country that showed miraculous economic growth‚ and considered one of the four tiger economies of Asia. Since the 1950s‚ South Korea has built a modern‚ internationally oriented industrial economy largely from scratch. This economy‚ the fourth-largest economies (after China‚ Japan and India) in Asia (World Bank 2014) is based on low –cost‚ high quality export production. Between the late 1980 and 1990s‚ the country has
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Source: The Korea Press‚ 2007 (Korea Press Foundation) Newspapers Broadcasting Cable TV (Community Antenna TV) DMB‚ IPTV Smart Devices Usage time of traditional media decreasing Usage time of Internet media increasing Satisfaction of newer media increasing DMB‚ IPTV‚ WiBro Introduction of smart mobile devices Source: The Korea Press‚ 2011 (Korea Press Foundation) Source: The Korea Press‚ 2007 (Korea Press Foundation) Source: The Korea Press‚ 2011
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with this task. The user will not only benefit from the hundreds of hours that went into the methodology and its application‚ but also from its alternative perspective on strategic planning in South Korea. This report helps executives evaluate strategic investment and entry alternatives in South Korea. As the editor of this report‚ I am drawing on a methodology developed at INSEAD‚ an international business school (www.insead.edu). The methodology decomposes a country’s strategic potential along
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NEIGHBORS BUT STRANGERS: KOREA‚ CHINA AND JAPAN For more than 200 countries in the world‚ neighboring countries have the most compassionate ties above all. They may have some things viewed differently‚ but at least they share some basic traits and culture. However‚ this is not the case of the countries Korea‚ China and Japan. These three countries are so close yet so far. The prominent endurance of the civilization of the Chinese along with its phenomenal technological and economic progress
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are many Asian cities that I find fascinating‚ but Japan and Korea have really close relationship ever since their ancient histories to this day; their economic growth and development have similarities in them but their characteristics are different‚ for example Korea is divided into north Korea and south Korea‚ Japan on the other hand has four main islands – Honshu‚ Hokkaido‚ Shikoku‚ and Kyushu - that is located to the east of Korea. The two counties may seem alike‚ but they share many differences
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Power distance At a score of 60‚ South Korea is a hierarchical society. This means that people accept a hierarchical order in which everybody has a place and which needs no further justification. Hierarchy in an organization is seen as reflecting inherent inequalities‚ centralization is popular‚ subordinates expect to be told what to do and the ideal boss is a benevolent autocrat Individualism South Korea‚ with a score of 18 is considered a collectivistic society. This is manifest
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Table of Contents Table of Contents 1 Acknowledgement 2 Introduction 3 Questions: 1. What are some of the competitive forces that have made the business environment for Apple more complex in recent years? 4 2. Which aspects of the South Korean market have significant implications for the success or failure of the iPhone in the market and why? 6 3. Besides market entry strategy and marketing mix‚ what other aspects of the planning
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