Essays on Chaebol

Chaebols are South Korean form of family-run business conglomerates. The word chaebol translates into ‘wealth clan’ or ‘money faction’ where chae means ‘wealth or property’. Bol on the other hand means ‘faction or clan’. In South Korea, chaebols are not only considered as companies, but are also dynasties. For one to be considered a true chaebol, a conglomerate must be family owned and have businesses in at least two different areas. For example: Samsung electronics manufactures television sets and smartphones and it also has subsidiaries that run a luxury hotel, sell life insurance and build crude oil tankers. These ...

Alliances commonly known as collaborations are mutual agreements between business entities to share resources and knowledge to expand their operations across borders. Following Globalization and liberalization of economic policies of many countries, accessibility of internal markets have become easier and all business conglomerates have taken the opportunity to gain entry into global markets and increase their business activities. The strategies formulated for entry into foreign markets varies from takeovers, collaborations, acquisition and mergers or setting up plants or retail outlets in other countries. Joint Ventures are preferred over independent establishments as expansion strategies as domestic partners are more familiar ...

What are the origins of the historical issues? Personal, economic, and national, that the new president of South Korea must face? Park Geun-hye is the serving president of South Korea and most importantly, the first woman to hold the post in the country. She is serving the eighteenth presidential term in South Korea under the Saenuri Party (First ladies of South Korea, 77). During her campaigns, President Park was portrayed as an equipped female president who was ready to bring changes in dissimilar aspects of the country. This has however remained a controversial issue, since the economic, national and ...