Korean business culture

Roaring Currents — top grossing Korean film of all time Veteran Train to Busan A Taxi Driver As a result, Korean producers have been able to source capital for these movies from countries outside of Korea, like Japan. People in many countries like Singapore, China, Vietnam, Japan, Taiwan and Hong Kong are being treated with more and more new movie numbers across the years. In addition to movies, Korean pop music by Korean music bands have also skyrocketed across the last 10 years.

Korean business culture

South Korea The People Korea is one of the most homogeneous countries in the world, racially and linguistically. It has its own culture, language, dress and cuisine, separate and distinct from its neighboring countries.

Hard work, filial piety and modesty are characteristics esteemed by Koreans. They are proud of their traditional culture and their modern economic success.

Korean business culture

Education is highly valued as the path to status, money and success. Meeting and Greeting The bow is the traditional Korean greeting, although it is often accompanied by a handshake among men. To show respect when shaking hands, support your right forearm with your left hand. Korean women usually nod slightly and will not shake hands with Western men.

Western women may offer their hand to a Korean man. Younger people wave move their arm from side to side. Names and Titles It is considered very impolite to address a Korean with his or her given name.

Address Koreans using appropriate professional titles until specifically invited by your host or colleagues to use their given names. Americans should address a Korean with Mr.

Korean names are the opposite of Western names with the family name first, followed by the two-part given name. Address him as Mr. Lee or Lee Sonsaengnim which means "teacher". Body Language Koreans consider it a personal violation to be touched by someone who is not a relative or close friend.

Avoid touching, patting or back slapping a Korean. Direct eye contact between junior and senior businesspeople should be avoided. This is seen as impolite or even as a challenge. Do not cross your legs or stretch your legs out straight in front of you.

Keep your feet on the floor, never on a desk or chair. Always pass and receive objects with your right hand supported by the left hand at the wrist or forearm or with two hands. To beckon someone, extend your arm, palm down, and move your fingers in a scratching motion. Never point with your index finger.

Corporate Culture Koreans expect Westerners to be punctual for social occasions and business meetings. Call if you will be delayed. However, you may be kept waiting up to a half hour. This is not a sign of disrespect, but reflects the pressure of time on Korean executives. Professionals meeting for the first time usually exchange business cards.

Building trust and relationships is vital to establishing a successful business relationship. Koreans prefer to do business with people they know.

Business: caninariojana.com : The official website of the Republic of Korea

The first meeting is to establish trust, so business should not be discussed. Be formal in meetings until the Korean delegation loosens up. Negotiations are generally long and require several trips.

Be prepared for business meetings to go well beyond business hours. Koreans generally start negotiations at an unreasonable position and prepare to compromise. Koreans are tough negotiators and admire a firm, persistent negotiator, but refrain from being too aggressive.

A low, deep bow from Koreans at the end of a meeting indicates a successful meeting.Korean business etiquette wrap-up.

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The two keywords to end your “lesson” on Korean business etiquette with are ‘Confucian values’ and ‘Kibun’ (기분).

‘Confucian values’ are still very much integrated in Korean culture. Although South Korean attitudes to women in business are changing slowly, it is still very rare for women to hold senior positions in South Korea.

About Korea

Consequently, the opportunity to work with a foreign company, with more enlightened attitudes towards equality, tends to be welcomed by many professional women in the country. KCDSC is a nonprofit organization located in the Olney neighborhood of Philadelphia. Our mission is to provide the support services that address the felt needs within our community so that our community members can achieve personal growth and pursue community growth.

The Cultural Atlas aims to inform and educate the public in cross-cultural attitudes, practices, norms, behaviours, communications and business skills. The Journal of International Management Studies, Volume 7, Number 2, October, Korean Culture And Its Influence on Business Practice in South Korea Choong Y.

Lee, Pittsburg State University, Kansas, U.S.A. ABSTRACT Different countries have different cultures from the influence of its religions, custom, norms and tradition.

Home > New Posting > Cultural Etiquette: South Korea: The People Foreign women may have difficulty doing business in Korea. Although women are becoming more accepted in the Korean businessplace, Korean men generally prefer to negotiate with men.

Korean business culture

Korean women seldom shake hands.

KOREAN CULTURAL CENTRE