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Transcript: South Korea By:Steven Wang and Yun Jun Zhang -You shouldn’t confuse the culture of Korea with other asian countries such as Japan. Some Koreans may not appreciate gifts from Japan or the comparison between Korea and Japan. -Answer questions in a positive way, even when delivering negative answers. If you are declining a request for a favor, you should sound very apologetic. -When talking or laughing, keep your voice as quiet as possible. -Cover your mouth when yawning or using a toothpick. -Do not smoke or wear sunglasses in senior’s presence Main countries it trades with: China, Japan, EU27, US, Saudi Arabia, Hong Kong, Australia, Singapore, Indonesia, Russia. Trade agreements/relationships with Canada: Removed most of the barriers such as tariff between the two countries, more jobs available for the Canadians in South Korea Nonverbal Communication Importing and Exporting Manners Continent: Asia Official Language: Korean Capital City: Seoul Currency: Won (code: KRW) Land Area: 98,480km² $1 Canadian = 1,087.78KRW Major Industries: electronics, telecommunications, auto production, steel, shipbuilding and chemical production -The Government of South Korea is divided into executive, judicial, and legislative branches. -Sometimes, there’s a delay with the decision-making during a negotiation. Be patient with the delays. Because some may use for a delay a stalling tactic to 'wear down' the other side. -Things can move very fast if Koreans see the right business opportunity. -Respect the Koreans’ silence in communication, because they need the time for thinking, translation and prudence. -Decisions are often made with the consensus of the group. Current issue and problem After the division of Korea in 1948, South Korea became its own country. After that, the industrialization and urbanization of South Korea, especially Seoul, have brought many changes to the way Korean people live. Many people live in a concentrated area in major cities. The word “Korea” is derived from Goryeo, a dynasty which ruled during Middle Age. Culture Main imports: Imports mainly machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals and plastics. Main exports: Finished products such electronics, semiconductors, LCD panel, mobile phone, computers related, television, motor vehicle, steel, ships and petrochemicals. South Korea information Air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing. North Korea have arguments with South Korea and have an increased tension between each other. Seoul , capital city of South Korea, might be tempted to build an atomic bomb. -Men greet each other with a slight bow, and sometimes an accompanying handshake, while maintaining eye contact. In handshaking, your right forearm is often supported by the left hand. -Eye contact is important to indicate your sincerity and attentiveness. -Gestures such as touching someone on the back or on the person's arm are discouraged unless you are familiar with the person. Physical contact is inappropriate with people of the opposite sex. -Crossing leg in front of an authority figure, it is considered to be rude. Importing and Exporting cont'd Greetings Decision making -Korean names are different from Western names. A person has, a family name and a given name. So, after knowing someone’s name, you should address him/her by the title or his/her family name. For example : Mr.Kim -Never call someone by their first name, it is considered rude unless you are asked to do so. -In South Korea, when doing a business, its really common to use the two initials of one’s first name. -When writing formal letters or emails, address the recipient as 'Dear', with the title and last name.
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