 Into PartnershipChong Ju Choi and Nigel Wright Chapter 8 in How to Achieve Business Success in Korea, 1994, pp 101-113 from Palgrave Macmillan Abstract: Abstract Some level of adversity exists in almost every foreign joint venture and business partnership in Korea, and occasionally it seems that common business objectives are all that remain to hold the relationship together. Conflict and potential communication breakdown due to cross-cultural differences lurk just skin-deep throughout corporate partnership-building, contract creation and every aspect of ongoing technology transfer, importation, production, advertising, financial control, administration and marketing. The list of flashpoints which can lead to traumatic problems is seemingly endless and experienced managers in Korea will probably feel that they have met them all! As a result, every working day in Korea can provide unique new experiences and troublesome adventures. These adventures can either raise blood pressure excessively or set adrenalin flowing with the excitement of challenge, largely dependent upon the foreign manager’s aptitude to cope with cultural partner conflict and willingness to gain a sound understanding of Korean business etiquette. Keywords: Foreign Company; Transfer Price; Senior Executive; Raise Blood Pressure; Foreign Partner (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13355-0_8 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-13355-0_8 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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