Paper Summary:

This paper compares South Korean culture with that of the United States and how that affects business interactions. It points out the high need to understand the customs and culture of a foreign country to do business there. The paper also considers South Korea's corruption perceptions index.

From the Paper:

"South Korea is an attractive market for many American companies seeking to expand their presence in East Asia. English is widely spoken and there are good relations between South Korea and the United States. The nation has a population of more than ... million and GDP of ... billion and is considered relatively open to foreign investment. However any company considering doing business in any foreign market must be familiar with the differences in customs..."

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