8-1 Case Study Acquiring a Company in South Korea.docx -...

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RUNNING HEAD: 8-1 CASE STUDY: ACUIRING A COMPANY IN SOUTH KOREA 1 8-1 Case Study: Acquiring a Company in South Korea Morgan Zuknick Southern New Hampshire University
8-1 CASE STUDY: ACUIRING A COMPANY IN SOUTH KOREA 2 When expanding into South Korea, like any company, Chapman Auto Parts will need to have a comprehensible understanding of the labor practices in South Korea. The biggest challenges for any company that moves into Korean territory are going to be ones that are unique to Korea. This summary is going to apprise you about both the advantages and the disadvantages of expanding to South Korea and it is also going to apprise you about the labor market and a little bit on the government regulations. South Korea because a democracy in the eighties and since then they have been developing their labor laws and their employment laws. Those laws are still developing today just likes the U.S, but South Koreas laws are very different than the U.S (Hyun, 2014). The labor

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