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When East And West Meet: An Essay On The Importance Of Cultural Understanding In Global Business Practice And Education

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Executive Summary

As today's business decisions and choices are increasingly influenced by the diverse cultural backgrounds and perspectives of various corporate stakeholders, it is critical for business managers to have multicultural understanding. This motivates one to refine the business perspectives and approaches in global arena as well as the educational philosophies on global business management. Based on casual yet experiential discussions, this essay presents some cohesive points on comparative cultural understanding and business implications thereof between the "West" and the "East," which is presupposed by the cultural contrasts between America and Korea. It can hopefully serve as a practically meaningful guideline for business practice and education on multiculturalism.

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