You have been tasked to coordinate a multi-national meeting for your company, Tu
ID: 460099 • Letter: Y
Question
You have been tasked to coordinate a multi-national meeting for your company, Turbine Energy International, with business entities from South Korea and Greece. The purpose of the meeting is to explore creating a partnership with the other two companies – the joint venture would install offshore wind turbines in the Sea of Japan and Mediterranean and supply energy to coastal South Korea and Grecian communities. Under the partnership, Turbine Energy would construct the facilities and the respective South Korean and Greek firms would operate them. The purpose of the meeting, scheduled over a three-day period, is to carve out the details. A dozen business men and women from each of the three firms [executives and technical staff] will attend. The agenda will include general meetings, breakout sessions as well as a number of social events – luncheons, dinners. As coordinator, your task is to develop protocol guidance for your Turbine Energy representatives when interacting with the foreign guests – such matters as business dress, table manners, general meeting conduct, and negotiation style.
1) Write a word document containing a profile on South Korea and Greece business cultures and practices.
A) Provide profiles that the proper guidance necessary for both the business/professional and social activities planned.
B) The content should avoid generalization and contains the appropriate detail focused to address both the cultural differences of the two visiting groups as well as the unique circumstances of the events planned. Information explains pertinent customs, habits and behaviors as well as proper protocol.
Link to Greece profile: http://www.executiveplanet.com/greece-2/
Link to South Korea profile: http://www.executiveplanet.com/south_korea-2/
Explanation / Answer
Brief Profile of Greece Business Culture and Practices:
In Greece, business relationships develop on familiarity and trust. Greeks usually do business by meeting in person. There is a lot of stress on family and nepotism is common in businesses. Seniority is given a great deal of importance. Relationships in business often occur in an informal setting such as a lunch or a dinner or an outing. Moreover, Greeks do business slowly.
Protocol for dealing with Greek Business Delegates:
Brief Profile of South Korean Business Culture and Practices:
In South Korea, people respect authority, believe in group decision-making, righteous behavior and usually work hard. They focus a lot on personal relationships in business. They often enquire about others’ personal lives to build relationships in business. Also they usually are not very direct in their dealings and will avoid saying a forthright ‘no’.
Protocol for dealing with South Korean Business Delegates:
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