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Carrefour's Exit from South Korea
written by Indu Perepu, fl. 2012 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2006, originally published 2006), 20 page(s)
The case describes Carrefour's entry and expansion strategies into the South Korean market and the reasons that led to its exit from the country. The company failed to localize its stores and the products sold according to the needs and preferences of Korean consumers. Carrefour chose to venture into the Korean ma...
Sample
written by Indu Perepu, fl. 2012 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2006, originally published 2006), 20 page(s)
Description
The case describes Carrefour's entry and expansion strategies into the South Korean market and the reasons that led to its exit from the country. The company failed to localize its stores and the products sold according to the needs and preferences of Korean consumers. Carrefour chose to venture into the Korean market on its own without a local partner, due to which it failed to understand the market and was unable to select good locations for it...
The case describes Carrefour's entry and expansion strategies into the South Korean market and the reasons that led to its exit from the country. The company failed to localize its stores and the products sold according to the needs and preferences of Korean consumers. Carrefour chose to venture into the Korean market on its own without a local partner, due to which it failed to understand the market and was unable to select good locations for its stores. The company employed most of the top management personnel from France and this was not viewed favorably by the local employees, and Carrefour too often faced problems from local labor unions. After a decade of unsustainable operations and cut-throat competition, Carrefour finally announced the sale of its South Korean business in April 2006.
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Field of Study
Business & Economics
Content Type
Case study
Author / Creator
Indu Perepu, fl. 2012
Date Published / Released
2006
Publisher
IBS Center for Management Research
Topic / Theme
Local populations, International trade, Business failures, Retail Trade, Foreign Market Entry Modes, Korean
Copyright Message
Copyright © 2006 by IBS Center for Management Research
Place Discussed
South Korea
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Korea: Business Ethics
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 1 page(s)
Sample
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 1 page(s)
Field of Study
Business & Economics
Content Type
General reference book
Author / Creator
Aperian Global
Date Published / Released
2014
Publisher
Aperian Global
Series
GlobeSmart
Topic / Theme
Business, Korean people, Corruption, Ethics, Management of Companies and Enterprises, Ethics of International Business, Korean
Copyright Message
Copyright© 2014 Aperian Global
Place Discussed
South Korea
×
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Korea: Business Hours
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 1 page(s)
Sample
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 1 page(s)
Field of Study
Business & Economics
Content Type
General reference book
Author / Creator
Aperian Global
Date Published / Released
2014
Publisher
Aperian Global
Series
GlobeSmart
Topic / Theme
Business enterprises, Cultural norms, Business, Management of Companies and Enterprises, Developing Cultural Intelligence
Copyright Message
Copyright© 2014 Aperian Global
Place Discussed
South Korea
×
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Korea: Geography & Climate
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 1 page(s)
Sample
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 1 page(s)
Field of Study
Business & Economics
Content Type
General reference book
Author / Creator
Aperian Global
Date Published / Released
2014
Publisher
Aperian Global
Series
GlobeSmart
Topic / Theme
Climate, Geography, Management of Companies and Enterprises, Developing Cultural Intelligence
Copyright Message
Copyright© 2014 Aperian Global
Place Discussed
South Korea
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Korea: Making Decisions
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 1 page(s)
Sample
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 1 page(s)
Field of Study
Business & Economics
Content Type
General reference book
Author / Creator
Aperian Global
Date Published / Released
2014
Publisher
Aperian Global
Series
GlobeSmart
Topic / Theme
Organizational structure, Managers, Korean people, Business affairs, Management of Companies and Enterprises, Managing People Across Borders, Mexicans
Copyright Message
Copyright© 2014 Aperian Global
Place Discussed
South Korea
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Korea: Selling
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 1 page(s)
Sample
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 1 page(s)
Field of Study
Business & Economics
Content Type
General reference book
Author / Creator
Aperian Global
Date Published / Released
2014
Publisher
Aperian Global
Series
GlobeSmart
Topic / Theme
Customer relations, Korean people, Selling, Management of Companies and Enterprises, Customer Relationship Management, Global Account Management, Mexicans
Copyright Message
Copyright© 2014 Aperian Global
Place Discussed
South Korea
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Korea: Women in Business
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 3 page(s)
Sample
written by Aperian Global, in GlobeSmart (San Francisco, CA: Aperian Global, 2014, originally published 2014), 3 page(s)
Field of Study
Business & Economics
Content Type
General reference book
Author / Creator
Aperian Global
Date Published / Released
2014
Publisher
Aperian Global
Series
GlobeSmart
Topic / Theme
Women in workforce, Korean people, Management of Companies and Enterprises, Developing Cultural Intelligence, Mexicans
Copyright Message
Copyright© 2014 Aperian Global
Place Discussed
South Korea
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Melvin Goldman Discusses VC Landscape in Korea and Israel
produced by Prendismo (Ithaca, NY: Prendismo, 2002), 2 mins
This reference video, produced by Prendismo, features Melvin Goldman discussing the venture capital landscape in Korea and Israel.
Sample
produced by Prendismo (Ithaca, NY: Prendismo, 2002), 2 mins
Description
This reference video, produced by Prendismo, features Melvin Goldman discussing the venture capital landscape in Korea and Israel.
Field of Study
Business & Economics
Content Type
Lecture/presentation
Contributor
Prendismo
Date Published / Released
2002
Publisher
Prendismo
Speaker / Narrator
Melvin Goldman, fl. 2002
Person Discussed
Melvin Goldman, fl. 2002
Topic / Theme
Capital, Finance, Business enterprises, Business, Other Investment Pools and Funds, Economic, Political, Socioeconomic Issues (i.e., Country Reports)
Copyright Message
Copyright 1992 to 2007 by the Cornell Research Foundation Inc, Copyright 2008 to 2014 by Cornell University, and Copyright 2008 to 2014 by Prendismo, LLC. All rights reserved.
Place Discussed
Israel-Palestine, South Korea
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NTSB Won't Say Much Until We Know More: Falkenrath
produced by Bloomberg L. P.; interview by Deirdre Bolton, fl. 1999-2013 (New York, NY: Bloomberg L. P., 2013), 3 mins
Former Deputy Commissioner of New York City Police Department and Former White House Security Advisor Richard Falkenrath assesses airline industry risk and reacts to what he heard in Monday's NTSB news conference. He speaks with Deidre Bolton on 'Money Moves.'
Sample
produced by Bloomberg L. P.; interview by Deirdre Bolton, fl. 1999-2013 (New York, NY: Bloomberg L. P., 2013), 3 mins
Description
Former Deputy Commissioner of New York City Police Department and Former White House Security Advisor Richard Falkenrath assesses airline industry risk and reacts to what he heard in Monday's NTSB news conference. He speaks with Deidre Bolton on 'Money Moves.'
Field of Study
Business & Economics
Content Type
Interview
Contributor
Bloomberg L. P.
Author / Creator
Deirdre Bolton, fl. 1999-2013
Date Published / Released
2013-07-08
Publisher
Bloomberg L. P.
Person Discussed
Richard Falkenrath, fl. 2013
Topic / Theme
Aircraft accidents, Air Transportation
Copyright Message
Copyright © 2013 by Bloomberg LP
Place Discussed
South Korea
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Singapore Operational Risk Report: Q4 2017
written by Business Monitor International (London, England: Business Monitor International, 2017), 145 page(s)
Singapore is the most appealing destination for investment in the world. This is largely because the government has successfully developed the city-state into a major global hub for trade, investment and finance by providing a highly productive workforce; a stable and secure operating environment; world-class logi...
Sample
written by Business Monitor International (London, England: Business Monitor International, 2017), 145 page(s)
Description
Singapore is the most appealing destination for investment in the world. This is largely because the government has successfully developed the city-state into a major global hub for trade, investment and finance by providing a highly productive workforce; a stable and secure operating environment; world-class logistics connections; and an open economy with policies that are highly conducive to foreign direct investment. There are limited risks fa...
Singapore is the most appealing destination for investment in the world. This is largely because the government has successfully developed the city-state into a major global hub for trade, investment and finance by providing a highly productive workforce; a stable and secure operating environment; world-class logistics connections; and an open economy with policies that are highly conducive to foreign direct investment. There are limited risks facing businesses located in Singapore, with the main concerns stemming from increasing restrictions on the employment of foreign nationals, moderate cybercrime risks and significant exposure to eurozone and Chinese economic headwinds.
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Field of Study
Business & Economics
Content Type
Government/institutional document
Author / Creator
Business Monitor International
Date Published / Released
2017
Publisher
Business Monitor International
Topic / Theme
Financial investments, Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Copyright Message
Copyright © 2017 Business Monitor International
Place Discussed
South Korea
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