How Japan and South Korea Achieved Modern Economic Growth Japan started taking steps towards economic growth around 1868 with the Meiji Restoration; but they did not really begin to make leaps and bounds toward a market economy until after their independence in 1951 where they developed quickly through industrialization. Japan was “the first non-western country to join the ranks of the advanced nations, but it also has outperformed most of them” (Sato 1989). Carl Mosk has a great model for this…

Wa, Guanxi, and Inhwa: Managerial Principle in Japan, China, and Korea I. Introduction: MANAGERIAL is an act of management in all business and organization to get the desired goals and objectives by inserting PRINCIPLES depends on the philosophies, behavior and culture of an organization. According to Jon P. Alston article, each society has its separate, distinctive philosophy which leads to specific behavior appropriate to the setting and having knowledge of their principles is not only helpful…

which are commonly used business terms in America. Nonetheless, we don’t have much knowledge about international business terms. International business terms such as “wa”, “quanxi”, and “ inhwa”, which are essential management terms in Japan, China, and South Korea. In this paper I will be analyzing my findings on the words culture, management terms, business culture, “wa”, “quanxi”, “inhwa”, what would be similar terms to describe American management practices, and if these terms sufficiently capture…

resolve. Japan and Korea have been having an argument over the island for sovereignty ever since 1910 (South). This island has three names, Dokdo, Takeshima, and Liancourt. Dokdo, a solitary island, is a Korean name for this island. Takeshima, a Bamboo Island, is what Japanese call it. Both Japan and South Korea uses historical facts to support their claims for the island (Profile). To what extent is the dispute between Korea and Japan an issue about resources versus history? South Korea claims that…

: Japan VS Korea Introduction The topic that I choose for the presentation is Japan vs Korea. These 2 countries are near to each other. Japan is in the continent of Asia. Its country is made up of many islands. Since the sun rises in the east, Japan is often called "The Land of The Rising Sun. "The Japanese refers to their country as "Nippon" or Nihon" which means "source of the sun". The Japanese flag represents a red sun on a white background. The capital of Japan is Tokyo. In…

An Economic Comparison of Japan 日本国 And South Korea 대한민국 Introduction South Korea and Japan have had a close relationship from ancient history to the present day. Because of this reason, their economic growth and development have similarities and disparate differences. This paper will discuss some of the two countries’ major characteristics including geographic, social, and political characteristics and look at their histories and economies. Another reason that it is…

In Asia, South Korea and Japan always share same political culture, economic interests, international security environment and it seems that they should be each other’s closest allies. However, in reality, relations between the two countries are always troubled and contentious. In this paper, I would show some common factors between South Korea and Japan, and then explain what is holding Korea back from fostering closer relations with japan and why after seven decades the Korean establishment is…

confined to South Korea and Japan. However, the phenomenon of low natality is more likely to be found in developed countries such as South Korea and Japan, which stand 219th and 220th, respectively, out of 224 countries according to the birth rate chart of the CIA World Factbook recorded in 2013. The low birth rate below the replacement rate 2.0 is expected to be more critical to small countries like South Korea and Japan because of limited natural resources and scarcity of manpower. South Korea and Japan…

Principles in Japan, China, and Korea Article Summary We need to broaden our cultural horizons to embrace the full diversity of the world’s people. The managerial principles in Japan, China, and Korea may share some features, but differ in others. Each society has its separate, distinctive philosophy that guides business managers. A specific behavior appropriate to the setting is required and will be helpful in attaining success in dealings with managers from those countries. WA In Japan, business…

ESL Destination: China vs. South Korea The Times are Changing Ten years ago South Korea was at the height of its demand for English teachers. It had a nearly insatiable appetite for teachers as they rightly believe education makes a substantial difference in the future of their children and nation. A mere twenty years ago Korea was just beginning to let the world know that it was no longer a third world nation. Ten years ago it was at the height of its economy. This was the golden age of its educational…