Dealing with Korean multinationals

Abstract

The author investigates business strategies of Korean multinational enterprises in general, and their impact on international transactions. Since Korean government agencies have been instrumental in past economic development, existing government rules and regulations governing Korea's international transactions are analyzed, and the roles of various government and semi-government agencies discussed. Typical problems that arise from differences in business practices and culture are identified, and some recommendations that may expedite US business dealings with Korean business are presented.<>