The tremendous growth of the South Korean economy during the past two
decades is due to a multitude offactors not the least of which is the rapid and
pervasive development and education of their labor force. Core cultural variables
such as deference for authority, concern for the collective, harmony in
interpersonal relations and emphasis on team work contribute directly to
efficiency and effectiveness. National policies supporting general and vocational
education have resulted in high literacy and basic job skills through the
population. Considerable resources are also directed at providing the best in
western business education for the top echelons of managers in their largest
companies.
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