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Korean vs Us Management Essay

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Korean Vs Us Management Essay

Compare and Contrast US managers with the Managers of the Rebublic of Korea – business Introduction We have chosen to compare and contrast U.S. managers withthe managers of The Republic of Korea (ROK). The ROK is a tinynation of 42,621,000 people residing precariously on the southernhalf of the Korean Peninsula (Cook l995). It has a very highpopulation density with 1.121 persons/ sq. mile. They areethnically homogenous with 99.9% being Korean and .01% Chinese. The age distribution is 30% under 15 years of age and 4.3% overage 65. They have a life expectancy of 73 years of age forfemales and 66 year of age for male. The primary religions are Confucianism, Mahayana Buddhism,Ancestor Worship, Shamanism and Ch’ondagyo which account for 66%of the population with another 28% practicing the Christianreligion. The Han’gul writing system is the official language of Koreawith English being widely taught in many schools. The governmentis made up of the executive and legislative branches. The Headof the State or the Executive President is elected by directpopular vote for a 5 year term. The Legislature is comprised ofa 299-member National Assembly which is elected on a 4 year termby universal adult suffrage. The economy is estimated to produce GDP of US $121,310million with a per capita income of US $4,045/ year. The totalnumber of persons active in the economy was 16,900,000 with a 3%unemployment rate and a literacy rate of over 90% (East 1990). Koreans are a sincere, warm, and friendly people. They makedeep commitments of friendship and loyalty that are permanent ifthey are treated fairly and respectfully. By the same token, ifthey are mistreated, they make formidable enemies. A significantpercentage of ROK’s top managers are educated in the UnitedStates, and speak fluent English. The Topics we have chosen the compare and contrast

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