Koreans tend to prefer doing business with people they know, and building trust and personal relationship is essential to establishing a successful business relationship. Status is important, and respected in workplace and society. Decision-making in Korea will follow a formal procedure in which senior approval is necessary but uses input from subordinates. High-ranking individuals tend to have more power over their subordinates. South Koreans also value education and innovation and company loyalty. Confrontation is to be avoided at all cost as once “kibun” is lost it cannot be regained. Maintaining their “kibun” (face, honour, personal dignity) is generally highly important for Koreans. Confucianism supports group harmony, respect for elders and authority, the importance of family, friendship and ancestors and, also, tradition. Business culture The Fundamental Principles of Business Culture Korean culture is profoundly influenced by Confucian principles.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |