Asian business culture

Type :

Term papers

Pages :

9 pages

Format :

.doc

Published date :

05/16/2009

Category :

Arts & media

Sub category :

Journalism

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Summary :

Introduction
Cultures contribution to economic & business organizations in the North Pacific rim
1. Business culture in Asia Pacific
2. Culture and management
3. South Korean: The Chaebol
4. Taiwan's condition
Contribution to the economic success of the Pacific Rim
Conclusion
Bibliography

Abstract

Since the last decade the Northeast asian economies such as Japan, South Korean and Taiwan have had a remarkable growth and an important development into world-class economic powers. They have emerged from an "array of political and social challenges such as world and civil wars, massive migration, external occupation and colonization and substantial destruction of their economic capacities to become extraordinarily successful players in the world economy" (Orru, Biggart, Hamilton 1997). Each of them have a particular business culture which has contributed to their success. These cultures are quite different when compared to the Western culture.
In the first part we will study the business culture in Asia Pacific, more particularly for Japan, South Korea and Taiwan communities. We will try to know how these cultures have contributed to the economic and business organization. In the second part we will study how all that has contributed towards the economic success in the Pacific Rim.

Fukuyama (1995) defines the culture as an inherited ethical habit. He adds that an ethical habit can be an idea or a value. business culture in Asia Pacific is characterized by many elements. Withley (1991) identified the "distinctive forms of dominant business organization" in Japan, South Korean and Taiwan. These three Northeast asian countries have one business culture that is very strong. However Whitley (1991) noted already three main differences between these three different forms of business organizations which classified as following: one system of authoritative coordination and control, the enterprise domain and development and the nature of enterprise co-ordination and market organization.